NORINCO International Cooperation Ltd. (SHE:000065)
China · Delayed Price · Currency is CNY 9.96
-0.23 (-2.26%)
Nov 11, 2026, 3:04 PM CST
SHE:000065 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 | Jan '23 Jan 1, 2023 | Jan '22 Jan 1, 2022 |
Net Income | 760.67 | 723.31 | 1,050 | 918.06 | 636.16 | 623.71 |
Depreciation & Amortization | 402.12 | 404.44 | 360.79 | 286.37 | 249.07 | 145.3 |
Other Amortization | 13.49 | 11.17 | 3.93 | 4.37 | 6.24 | 7.11 |
Loss (Gain) From Sale of Assets | 0.74 | 0.74 | 0.09 | -1.9 | -0.24 | -0.1 |
Asset Writedown & Restructuring Costs | 11.49 | 11.49 | 1.45 | 0.06 | 0.76 | 0.47 |
Loss (Gain) From Sale of Investments | -9.09 | -9.09 | 28.37 | 34.24 | 90.91 | -186.45 |
Provision & Write-off of Bad Debts | -60.61 | -60.61 | 377.81 | 375.6 | 353.31 | -15.05 |
Other Operating Activities | 864.8 | 361.97 | 120.62 | 51.74 | 70.83 | 376.38 |
Change in Accounts Receivable | -461.95 | -461.95 | -346.8 | -704.28 | -107.25 | -63.85 |
Change in Inventory | 805.32 | 805.32 | -246.57 | -411.57 | 35.18 | -325.55 |
Change in Accounts Payable | -756.54 | -756.54 | -595.55 | 248.53 | -531.54 | 920.25 |
Operating Cash Flow | 1,589 | 1,049 | 653.35 | 702.06 | 738.03 | 1,497 |
Operating Cash Flow Growth | -20.87% | 60.53% | -6.94% | -4.88% | -50.71% | - |
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 | Jan '23 Jan 1, 2023 | Jan '22 Jan 1, 2022 |
Capital Expenditures | -556.99 | -498.62 | -184.25 | -187.16 | -318.78 | -698.95 |
Sale of Property, Plant & Equipment | 1.39 | 1.61 | 0.98 | 1.5 | 0.81 | 1.33 |
Divestitures | -17.67 | -17.67 | - | - | - | - |
Investment in Securities | 171.25 | -677.42 | 15.3 | -619.4 | -278.25 | -1,449 |
Other Investing Activities | -16.02 | - | 1.3 | 8.54 | 8.3 | 2.68 |
Investing Cash Flow | -418.04 | -1,192 | -166.67 | -796.52 | -587.91 | -2,144 |
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 | Jan '23 Jan 1, 2023 | Jan '22 Jan 1, 2022 |
Long-Term Debt Issued | - | 3,856 | 2,254 | 2,652 | 2,851 | 2,299 |
Long-Term Debt Repaid | - | -3,636 | -1,824 | -2,897 | -2,472 | -3,002 |
Lease Payments | -22.6 | -22.6 | -18.23 | -16.82 | -8.52 | -6.04 |
Net Debt Issued (Repaid) | -1,591 | 219.53 | 429.9 | -244.89 | 379.11 | -703.04 |
Issuance of Common Stock | 927.01 | 957.2 | - | - | 1,168 | - |
Common Dividends Paid | -301.59 | -333.34 | -293.53 | -269.27 | -233.96 | -246.7 |
Other Financing Activities | 49.26 | -20.89 | -46.68 | -22.13 | -17.9 | -0.24 |
Financing Cash Flow | -916.38 | 822.5 | 89.7 | -536.28 | 1,295 | -949.98 |
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 | Jan '23 Jan 1, 2023 | Jan '22 Jan 1, 2022 |
Foreign Exchange Rate Adjustments | -133.96 | -8.65 | 1.6 | -13.33 | -23.22 | -84.36 |
Net Cash Flow | 120.62 | 670.56 | 577.98 | -644.08 | 1,422 | -1,681 |
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 | Jan '23 Jan 1, 2023 | Jan '22 Jan 1, 2022 |
Free Cash Flow | 1,032 | 550.2 | 469.1 | 514.9 | 419.26 | 798.49 |
Free Cash Flow Growth | -41.47% | 17.29% | -8.89% | 22.81% | -47.49% | - |
Free Cash Flow Margin | 8.83% | 4.06% | 2.46% | 2.40% | 3.12% | 6.12% |
Free Cash Flow Per Share | 0.91 | 0.52 | 0.44 | 0.48 | 0.41 | 0.86 |
Levered Free Cash Flow | 2,076 | 834.04 | 776.38 | 780.62 | -240.47 | 846.48 |
Unlevered Free Cash Flow | 2,173 | 942.68 | 918.2 | 923.05 | -125.42 | 952.23 |
Free Cash Flow After Leases | 1,009 | 527.59 | 450.87 | 498.08 | 410.74 | 792.45 |
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 | Jan '23 Jan 1, 2023 | Jan '22 Jan 1, 2022 |
Cash Income Tax Paid | 53.62 | 265.18 | 163.43 | 1.73 | -175.61 | -278.04 |
Change in Working Capital | -394.6 | -394.6 | -1,289 | -966.48 | -669.01 | 546.05 |