ZTE Corporation (SHE:000063)
China · Delayed Price · Currency is CNY 33.03
-0.04 (-0.12%)
Sep 7, 2026, 10:26 AM CST
ZTE Corporation 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 | Jun '26 Jun 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 | 3,313 | 5,618 | 8,425 | 9,326 | 8,080 | 6,813 |
Depreciation & Amortization | 1,605 | 2,563 | 4,969 | 4,926 | 4,386 | 4,588 |
Other Amortization | 3,172 | 2,195 | - | - | - | - |
Loss (Gain) From Sale of Assets | 12.84 | -5.03 | -95.66 | -20.6 | -11.03 | -231.74 |
Asset Writedown & Restructuring Costs | 442.18 | 439.93 | 561.29 | 262.27 | 412.83 | 605.28 |
Loss (Gain) From Sale of Investments | -970.77 | -911.24 | -427.92 | 487.07 | 906.2 | -786.26 |
Stock-Based Compensation | - | - | - | 165.56 | 472.61 | 871.5 |
Provision & Write-off of Bad Debts | 295.59 | -74.84 | -170.27 | -39.55 | 235.01 | 294.52 |
Other Operating Activities | 763.19 | 691.93 | 1,862 | 3,451 | 1,901 | 565.76 |
Change in Accounts Receivable | -11,052 | -3,633 | -3,449 | -2,413 | 2,677 | -2,578 |
Change in Inventory | -12,483 | -5,952 | -720.29 | 3,285 | -9,711 | -3,446 |
Change in Accounts Payable | 18,027 | 2,568 | 1,663 | -1,197 | -1,437 | 8,381 |
Change in Other Net Operating Assets | 171.9 | 1,172 | -900.78 | -391.1 | 253.74 | 386.3 |
Operating Cash Flow | 2,493 | 3,919 | 11,480 | 17,406 | 7,578 | 15,724 |
Operating Cash Flow Growth | -56.86% | -65.86% | -34.04% | 129.70% | -51.81% | 53.66% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | -3,807 | -3,893 | -4,015 | -4,005 | -4,952 | -5,686 |
Sale of Property, Plant & Equipment | 57.48 | 77.23 | 535.44 | 104.49 | 24.17 | 220.62 |
Divestitures | - | - | - | 38.49 | 89.82 | 1,195 |
Investment in Securities | -3,077 | -5,056 | -27,286 | -18,327 | 2,440 | -6,788 |
Other Investing Activities | 2,233 | 1,996 | 2,093 | 1,287 | 1,107 | 466.36 |
Investing Cash Flow | -4,594 | -6,876 | -28,672 | -20,901 | -1,291 | -10,592 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 |
Long-Term Debt Issued | - | 72,831 | 190,218 | 274,693 | 148,943 | 66,860 |
Long-Term Debt Repaid | - | -67,936 | -190,982 | -264,158 | -143,964 | -62,001 |
Lease Payments | -725.97 | -578.07 | -511.8 | -631.62 | -426.82 | -449.89 |
Net Debt Issued (Repaid) | 142.95 | 4,895 | -764.56 | 10,535 | 4,979 | 4,859 |
Issuance of Common Stock | 1,500 | - | 9.77 | 1,643 | 109.58 | 518.02 |
Repurchase of Common Stock | -855.38 | - | - | - | - | - |
Common Dividends Paid | -1,389 | -4,339 | -5,274 | -4,313 | -3,133 | -2,306 |
Other Financing Activities | -98.52 | -26.02 | 210.15 | -493.62 | -501.09 | -292.96 |
Financing Cash Flow | -700.36 | 530.04 | -5,818 | 7,372 | 1,455 | 2,779 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | -276.34 | -116.58 | 24.2 | 65.5 | 260.02 | -242.08 |
Net Cash Flow | -3,077 | -2,544 | -22,987 | 3,941 | 8,001 | 7,668 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | -1,315 | 25.76 | 7,465 | 13,401 | 2,626 | 10,037 |
Free Cash Flow Growth | - | -99.66% | -44.29% | 410.36% | -73.84% | 166.88% |
Free Cash Flow Margin | -0.94% | 0.02% | 6.15% | 10.79% | 2.14% | 8.76% |
Free Cash Flow Per Share | -0.27 | 0.01 | 1.56 | 2.81 | 0.55 | 2.16 |
Levered Free Cash Flow | 2,243 | -5,349 | 3,038 | 7,165 | -1,402 | 4,991 |
Unlevered Free Cash Flow | 4,284 | -3,009 | 5,192 | 9,129 | -185.29 | 5,916 |
Free Cash Flow After Leases | -2,041 | -552.31 | 6,953 | 12,769 | 2,199 | 9,587 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | - | -59.6 | 2,727 | 3,297 | 1,483 | 2,106 |
Change in Working Capital | -6,141 | -6,597 | -3,644 | -1,152 | -8,804 | 3,002 |