Jiangsu Changbao Steeltube Co.,Ltd (SHE:002478)
China · Delayed Price · Currency is CNY 6.86
-0.24 (-3.38%)
Sep 3, 2026, 2:35 PM CST
SHE:002478 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 | Jan '23 Jan 1, 2023 | Dec '21 Dec 31, 2021 |
Net Income | 361.76 | 482.27 | 634.22 | 783.03 | 471.03 | 135.83 |
Depreciation & Amortization | 251.66 | 232.09 | 230 | 231.33 | 228.64 | 171.52 |
Other Amortization | 0.49 | 0.95 | - | - | - | - |
Loss (Gain) From Sale of Assets | -0.05 | -0.04 | -7.03 | 0.09 | -0.08 | 0.42 |
Asset Writedown & Restructuring Costs | 4.02 | 4.72 | 3.62 | 20.66 | 21.14 | 0.72 |
Loss (Gain) From Sale of Investments | -11.17 | 30.56 | -44.99 | 29.56 | 53.2 | 81.17 |
Provision & Write-off of Bad Debts | 1.35 | 13.05 | -5.61 | 24.75 | -8.55 | 13.85 |
Other Operating Activities | 191.01 | 8.86 | -30.23 | 49.5 | 64.3 | 25.8 |
Change in Accounts Receivable | -232.8 | -321.06 | -66.37 | -575.26 | -109.73 | -875.11 |
Change in Inventory | -149.43 | -137.1 | 57.32 | 251.31 | -131.66 | -526.42 |
Change in Accounts Payable | 229.84 | 325.3 | 47.26 | -322.05 | 222.59 | 438.13 |
Change in Other Net Operating Assets | 8.54 | 8.54 | 23.09 | 9.34 | -32.99 | 57.35 |
Operating Cash Flow | 638.38 | 634.64 | 857.32 | 489.61 | 783.2 | -482.76 |
Operating Cash Flow Growth | -20.25% | -25.97% | 75.10% | -37.48% | - | - |
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 | Jan '23 Jan 1, 2023 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -166.65 | -205.48 | -252.35 | -196.15 | -87.05 | -177.62 |
Sale of Property, Plant & Equipment | 2.6 | 2.65 | 4.12 | 8.25 | 0.16 | 0.54 |
Divestitures | 16.07 | - | 184.11 | 165.56 | - | 266.19 |
Investment in Securities | -372.63 | -361.78 | -475.86 | 306.26 | -86.26 | -245.06 |
Other Investing Activities | -434.34 | -0.99 | 322.11 | -548.72 | -27.94 | 7.98 |
Investing Cash Flow | -954.95 | -565.61 | -217.86 | -264.8 | -201.09 | -147.97 |
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 | Jan '23 Jan 1, 2023 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 222.37 | 162.91 | 339.5 | 235.6 | - |
Long-Term Debt Issued | - | - | - | - | - | 383.34 |
Total Debt Issued | 67.68 | 222.37 | 162.91 | 339.5 | 235.6 | 383.34 |
Short-Term Debt Repaid | - | -130.91 | -132 | -309.5 | -371.38 | - |
Long-Term Debt Repaid | - | - | - | - | - | -351.17 |
Total Debt Repaid | -187.25 | -130.91 | -132 | -309.5 | -371.38 | -351.17 |
Net Debt Issued (Repaid) | -119.57 | 91.46 | 30.91 | 30 | -135.78 | 32.17 |
Issuance of Common Stock | - | - | - | 43.28 | - | 24.44 |
Repurchase of Common Stock | - | -2.44 | -30.06 | -2.99 | -30.27 | -57.35 |
Common Dividends Paid | -183.38 | -200.02 | -255.59 | -163.8 | -72.17 | -107.96 |
Other Financing Activities | 91.37 | -72.9 | -55.44 | 97.48 | 33.51 | 30.47 |
Financing Cash Flow | -211.58 | -183.91 | -310.18 | 3.97 | -204.71 | -78.22 |
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 | Jan '23 Jan 1, 2023 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -88.35 | -37.4 | 22.73 | 9.67 | 54.69 | -9.31 |
Net Cash Flow | -616.5 | -152.27 | 352 | 238.46 | 432.09 | -718.26 |
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 | Jan '23 Jan 1, 2023 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 471.72 | 429.16 | 604.97 | 293.46 | 696.15 | -660.38 |
Free Cash Flow Growth | -10.80% | -29.06% | 106.15% | -57.84% | - | - |
Free Cash Flow Margin | 7.92% | 7.28% | 10.62% | 4.41% | 11.19% | -15.63% |
Free Cash Flow Per Share | 0.53 | 0.48 | 0.67 | 0.33 | 0.77 | -0.73 |
Levered Free Cash Flow | 209.54 | 583.8 | 795.23 | 895.45 | 126.21 | -968.2 |
Unlevered Free Cash Flow | 211.81 | 587.43 | 797.59 | 898.59 | 132.69 | -961.12 |
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 | Jan '23 Jan 1, 2023 | Dec '21 Dec 31, 2021 |
Cash Income Tax Paid | 150.1 | 187.84 | 201.84 | 295.44 | 115.8 | -59.46 |
Change in Working Capital | -160.68 | -137.83 | 77.35 | -649.32 | -46.47 | -912.07 |