Pangang Group Vanadium & Titanium Resources Co., Ltd. (SHE:000629)
China · Delayed Price · Currency is CNY 2.660
+0.070 (2.70%)
Nov 2, 2026, 3:04 PM CST
SHE:000629 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 | 323.15 | -93.32 | 285.2 | 1,058 | 1,344 | 1,328 |
Depreciation & Amortization | 404.87 | 404.87 | 383.47 | 340.24 | 320.9 | 318.5 |
Other Amortization | - | - | 8.57 | 3.43 | 1.71 | - |
Loss (Gain) From Sale of Assets | - | - | - | - | -37.32 | - |
Asset Writedown & Restructuring Costs | 3.3 | 3.3 | 3.5 | 12.27 | 7.59 | 15.9 |
Loss (Gain) From Sale of Investments | -70.78 | -70.78 | -78.2 | -31.55 | -4.79 | -34 |
Provision & Write-off of Bad Debts | 5.07 | 5.07 | 1.15 | -1.02 | 1.47 | 1.87 |
Other Operating Activities | -66.94 | 272.9 | 37.1 | 32.51 | 115.37 | 206.34 |
Change in Accounts Receivable | 3.35 | 3.35 | 321.05 | -686.47 | -170.33 | -235.18 |
Change in Inventory | -265.76 | -265.76 | 212.91 | -74.69 | 45.28 | -227.48 |
Change in Accounts Payable | 149.76 | 149.76 | -529.45 | -395.05 | 369.65 | 311.15 |
Change in Other Net Operating Assets | 3.52 | 3.52 | -1.61 | -1.88 | 14.63 | -8.13 |
Operating Cash Flow | 511.84 | 435.21 | 658.53 | 262.76 | 1,960 | 1,776 |
Operating Cash Flow Growth | 38.49% | -33.91% | 150.62% | -86.59% | 10.33% | 141.14% |
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 | -116.21 | -228.3 | -505.01 | -479.37 | -148.1 | -38.23 |
Sale of Property, Plant & Equipment | 4.49 | 2.01 | 0.43 | 1.87 | 138.17 | 11.82 |
Cash Acquisitions | - | - | - | -60.43 | - | -0.1 |
Divestitures | - | - | - | 1.03 | - | - |
Investment in Securities | -644 | -187 | -335.57 | -2,671 | -7.05 | -0.45 |
Other Investing Activities | 72.64 | 62.21 | 80.23 | 3.69 | 4.63 | 34 |
Investing Cash Flow | -683.08 | -351.08 | -759.92 | -3,204 | -12.35 | 7.03 |
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 | - | 350.69 | 126 | 68 | 159.69 | 100 |
Total Debt Issued | 219.69 | 350.69 | 126 | 68 | 159.69 | 100 |
Long-Term Debt Repaid | - | -403.94 | -68.5 | -63.2 | -114 | -189.49 |
Total Debt Repaid | -146.5 | -403.94 | -68.5 | -63.2 | -114 | -189.49 |
Net Debt Issued (Repaid) | 73.19 | -53.25 | 57.5 | 4.8 | 45.69 | -89.49 |
Issuance of Common Stock | - | - | - | 2,273 | 27.62 | - |
Repurchase of Common Stock | -109.25 | -109.25 | -0.14 | -0.9 | -1.21 | - |
Common Dividends Paid | -5.32 | -6.01 | -5.96 | -5.68 | -5.19 | -5.65 |
Other Financing Activities | 94.9 | -27.88 | -266.88 | -61.26 | -255.56 | -4,477 |
Financing Cash Flow | 53.52 | -196.38 | -215.47 | 2,210 | -188.65 | -4,572 |
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 | -8.6 | 3.36 | 8.99 | 5.95 | 4.98 | 1.14 |
Net Cash Flow | -126.33 | -108.89 | -307.87 | -725.33 | 1,764 | -2,788 |
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 | 395.63 | 206.91 | 153.52 | -216.61 | 1,812 | 1,738 |
Free Cash Flow Growth | 183.70% | 34.77% | - | - | 4.24% | 161.30% |
Free Cash Flow Margin | 4.04% | 2.33% | 1.16% | -1.51% | 12.01% | 12.36% |
Free Cash Flow Per Share | 0.04 | 0.02 | 0.02 | -0.02 | 0.21 | 0.20 |
Levered Free Cash Flow | 644.7 | 275.15 | -131.01 | -60.58 | 1,570 | 1,679 |
Unlevered Free Cash Flow | 648.81 | 279.37 | -125.56 | -55.34 | 1,577 | 1,694 |
Free Cash Flow After Leases | 395.63 | 206.91 | 153.52 | -216.61 | 1,812 | 1,738 |
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 | 312.4 | 197.19 | 271.16 | 497.27 | 518.83 | 411.84 |
Change in Working Capital | -86.84 | -86.84 | 17.74 | -1,151 | 210.68 | -60.02 |