Ningbo Hicon Industry Technology Co., Ltd. (SHE:001237)

SHE:001237 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Net Income	394.11	391.22	451.14	337.64	197.16
Depreciation & Amortization	33.94	33.94	31.84	25.24	23.38
Other Amortization	13.5	13.5	9.93	5.54	4.23
Loss (Gain) From Sale of Assets	1.54	1.54	-	1.09	0.13
Asset Writedown & Restructuring Costs	5.7	5.7	10.33	24.97	-
Loss (Gain) From Sale of Investments	-4.34	-4.34	-5.66	-5.17	2.7
Provision & Write-off of Bad Debts	-5.42	-5.42	14.61	14.32	1.48
Other Operating Activities	313.46	15.66	-38.8	-1.72	53.46
Change in Accounts Receivable	-47.13	-47.13	-40.12	-279.07	188.08
Change in Inventory	-57.42	-57.42	-8.12	-43.82	79.72
Change in Accounts Payable	-57.17	-57.17	183.91	407.51	-126.32
Change in Other Net Operating Assets	13.99	13.99	6.51	10.66	7.09
Operating Cash Flow	604.02	303.34	610.59	495.12	432.76
Operating Cash Flow Growth	39.57%	-50.32%	23.32%	14.41%	-

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Capital Expenditures	-251.32	-252.98	-96.66	-60.66	-39.15
Sale of Property, Plant & Equipment	0.8	0.8	-	0.43	0.16
Divestitures	-	-	-0.01	-	-
Investment in Securities	3	-25	60	-60	3.16
Other Investing Activities	14.24	47.11	153.89	-123.12	220.41
Investing Cash Flow	-233.29	-230.07	117.21	-243.36	184.58

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Short-Term Debt Issued	-	-	-	71	42.74
Long-Term Debt Issued	-	-	-	-	494.6
Total Debt Issued	-	-	-	71	537.34
Short-Term Debt Repaid	-	-	-	-71	-42.86
Long-Term Debt Repaid	-	-	-	-	-1,251
Total Debt Repaid	-	-	-	-71	-1,294
Net Debt Issued (Repaid)	-	-	-	-	-756.55
Issuance of Common Stock	-	0.49	-	-	170
Common Dividends Paid	-	-	-96.44	-112.39	-13.65
Other Financing Activities	-5.66	-4.93	-3.3	-4.57	112.78
Financing Cash Flow	-5.66	-4.44	-99.73	-116.96	-487.43

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Foreign Exchange Rate Adjustments	-45.73	-12.3	38.9	2.87	18.6
Miscellaneous Cash Flow Adjustments	-	-	-	0	-
Net Cash Flow	319.34	56.53	666.97	137.67	148.51

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Free Cash Flow	352.69	50.36	513.93	434.45	393.61
Free Cash Flow Growth	-10.39%	-90.20%	18.29%	10.38%	-
Free Cash Flow Margin	12.13%	1.75%	16.04%	17.42%	20.39%
Free Cash Flow Per Share	3.18	0.45	4.61	3.90	3.73
Levered Free Cash Flow	-	-180.31	435.54	339.7	-
Unlevered Free Cash Flow	-	-180.26	435.6	340.43	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Cash Income Tax Paid	-	51.23	-60.22	-98.51	-96.25
Change in Working Capital	-148.46	-148.46	137.21	93.2	150.22

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 9, 2026

Data Sources Report a data error