SolaX Power Network Technology (Zhejiang) Co., Ltd. (SHA:688717)
China · Delayed Price · Currency is CNY 39.35
+1.24 (3.25%)
At close: Nov 10, 2026
SHA:688717 Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -89.74 | 120.92 | 203.6 | 1,065 | 1,134 | 62.87 |
Depreciation & Amortization | 116.42 | 116.42 | 88.24 | 56.06 | 19.2 | 4.26 |
Other Amortization | 32.25 | 32.25 | 22.18 | 3.85 | 3.48 | - |
Loss (Gain) From Sale of Assets | -0.39 | -0.39 | -0.19 | -0.01 | -0.01 | - |
Asset Writedown & Restructuring Costs | 0.91 | 0.91 | 0.5 | 0.87 | 0.06 | - |
Loss (Gain) From Sale of Investments | -5.88 | -5.88 | -2.96 | - | 0.73 | - |
Provision & Write-off of Bad Debts | 19.36 | 19.36 | -2.02 | 2.21 | 21.39 | - |
Other Operating Activities | 70.35 | 25.62 | 56.24 | -49.8 | 13.39 | 41.76 |
Change in Accounts Receivable | -417.14 | -417.14 | -104.99 | 189.14 | -589.76 | - |
Change in Inventory | -475.69 | -475.69 | -43.56 | 257.78 | -918.3 | - |
Change in Accounts Payable | 1,010 | 1,010 | 557.04 | -883.64 | 1,247 | - |
Change in Other Net Operating Assets | - | - | 8.18 | - | 10 | - |
Operating Cash Flow | 171.01 | 336.93 | 753.73 | 634.59 | 896.97 | 108.9 |
Operating Cash Flow Growth | 4.41% | -55.30% | 18.77% | -29.25% | 723.66% | 113.27% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -591.8 | -450.35 | -408.92 | -359.38 | -248.71 | -60.91 |
Sale of Property, Plant & Equipment | 35.38 | 35.38 | 0.07 | 0.02 | 0.01 | - |
Investment in Securities | - | - | -200 | - | -1.19 | - |
Other Investing Activities | -35.36 | - | - | - | - | - |
Investing Cash Flow | -591.78 | -414.98 | -608.85 | -359.36 | -249.89 | -60.91 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | - | - | 139.21 | 183.14 |
Long-Term Debt Issued | - | - | - | 25 | - | - |
Total Debt Issued | - | - | - | 25 | 139.21 | 183.14 |
Short-Term Debt Repaid | - | - | - | - | -197.28 | -183.58 |
Long-Term Debt Repaid | - | -28.24 | -30.27 | -115.65 | -9.68 | - |
Lease Payments | -28.24 | -28.24 | -30.27 | -21.65 | -9.68 | - |
Total Debt Repaid | -28.24 | -28.24 | -30.27 | -115.65 | -206.96 | -183.58 |
Net Debt Issued (Repaid) | -28.24 | -28.24 | -30.27 | -90.65 | -67.75 | -0.44 |
Issuance of Common Stock | - | - | - | 2,020 | - | - |
Common Dividends Paid | -150.01 | -150 | -150 | -0.84 | -5.28 | -6.76 |
Other Financing Activities | -151.14 | -199.12 | -5.98 | -25.56 | 84.1 | 14.63 |
Financing Cash Flow | -329.39 | -377.36 | -186.25 | 1,903 | 11.07 | 7.43 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -74.54 | 66.02 | -4.46 | 68.42 | 26.22 | -3.3 |
Net Cash Flow | -824.71 | -389.38 | -45.82 | 2,246 | 684.37 | 52.13 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -420.79 | -113.42 | 344.81 | 275.21 | 648.26 | 47.99 |
Free Cash Flow Growth | - | - | 25.29% | -57.55% | 1250.84% | 304.56% |
Free Cash Flow Margin | -7.27% | -2.78% | 11.22% | 6.15% | 14.06% | 5.76% |
Free Cash Flow Per Share | -2.66 | -0.71 | 2.15 | 2.29 | 5.40 | 0.40 |
Levered Free Cash Flow | 68.6 | -156.57 | 363.28 | -88.18 | 280.12 | 26.59 |
Unlevered Free Cash Flow | 69.22 | -155.29 | 365.16 | -86.11 | 283.63 | 30.87 |
Free Cash Flow After Leases | -449.03 | -141.66 | 314.54 | 253.56 | 638.58 | 47.99 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Income Tax Paid | - | -132.91 | -226.6 | -68.74 | -320.45 | -89.68 |
Change in Working Capital | 27.74 | 27.74 | 388.15 | -443.22 | -295.28 | - |