Huangshan Novel Co.,Ltd (SHE:002014)

Huangshan Novel Co.,Ltd 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	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Net Income	439.63	438.13	467.75	408.05	362.83	315.91
Depreciation & Amortization	148.62	152.27	152.25	150.31	126.38	121.08
Other Amortization	0.55	0.55	-	-	-	-
Loss (Gain) From Sale of Assets	-0	-1.76	-	-0.09	-13.63	-0.18
Asset Writedown & Restructuring Costs	19.94	19.38	21.29	33.89	19.63	10.23
Loss (Gain) From Sale of Investments	-23.58	-22.75	-23.81	-16.26	-10.43	-7.79
Provision & Write-off of Bad Debts	0.48	0.48	4.12	3.38	2.78	-0.11
Other Operating Activities	28.86	27.51	-1.94	6.72	1.19	-6.67
Change in Accounts Receivable	56.81	-189.72	-115.52	-52.92	23.84	-115.61
Change in Inventory	-211.33	-83.12	-82.92	18.73	-29.28	-99.77
Change in Accounts Payable	101.66	10.35	58.63	-34.45	47.17	35.84
Change in Other Net Operating Assets	-7.74	-7.74	-20.94	2.13	11.55	41.34
Operating Cash Flow	554.08	343.03	461.46	515.34	543.56	296.23
Operating Cash Flow Growth	306.27%	-25.66%	-10.46%	-5.19%	83.49%	-46.00%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Capital Expenditures	-380.9	-178.25	-152.02	-109.69	-308.37	-240.56
Sale of Property, Plant & Equipment	0.88	0.75	0.04	0.14	11.36	0.46
Investment in Securities	-48.33	-156.45	-335.89	162.19	-282.19	130
Other Investing Activities	21.78	26.63	34.63	50.02	13.56	12.38
Investing Cash Flow	-406.57	-307.33	-453.23	102.66	-565.64	-97.72

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Long-Term Debt Issued	-	1,038	900.91	684.03	596.17	171.49
Total Debt Issued	1,516	1,038	900.91	684.03	596.17	171.49
Long-Term Debt Repaid	-	-827.95	-603.06	-497.94	-209.31	-243.82
Total Debt Repaid	-1,217	-827.95	-603.06	-497.94	-209.31	-243.82
Net Debt Issued (Repaid)	298.21	209.69	297.85	186.08	386.87	-72.33
Repurchase of Common Stock	-	-	-	-	-	-0.16
Common Dividends Paid	-338.56	-561.57	-347.75	-256.44	-265.14	-260.79
Other Financing Activities	-6.63	-6.63	-23.4	-4.64	-	-135
Financing Cash Flow	-46.97	-358.5	-73.3	-75	121.73	-468.27

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Foreign Exchange Rate Adjustments	-6.13	-3.88	0.66	0.4	3.75	0.87
Net Cash Flow	94.41	-326.68	-64.42	543.41	103.39	-268.9

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Free Cash Flow	173.18	164.78	309.44	405.65	235.19	55.67
Free Cash Flow Growth	180.27%	-46.75%	-23.72%	72.48%	322.43%	-80.61%
Free Cash Flow Margin	4.42%	4.42%	8.78%	12.01%	7.12%	1.84%
Free Cash Flow Per Share	0.28	0.27	0.50	0.67	0.39	0.09
Levered Free Cash Flow	-92.22	146.27	237.9	274.27	70.12	-94.55
Unlevered Free Cash Flow	-85.64	152.86	245.5	285.81	78.37	-89.43

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Cash Income Tax Paid	98.1	114.99	143.05	134.53	120.34	110.25
Change in Working Capital	-60.42	-270.8	-158.21	-70.64	54.82	-136.25

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 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 25, 2026

Data Sources Report a data error