Kingnet Network Co., Ltd. (SHE:002517)

Kingnet Network 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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Net Income	2,166	1,904	1,628	1,462	1,025	576.73
Depreciation & Amortization	62.78	62.78	52.28	41.51	31.39	14.32
Other Amortization	86.01	86.01	76.35	74.35	44.54	27.32
Loss (Gain) From Sale of Assets	-1.91	-1.91	-0.77	-0.55	0.03	-0.37
Asset Writedown & Restructuring Costs	0.14	0.14	-	0	-0.03	-
Loss (Gain) From Sale of Investments	-47.9	-47.9	26.07	-57.78	50.32	-58
Provision & Write-off of Bad Debts	0.14	0.14	7.88	1.41	-19.15	-30.37
Other Operating Activities	-219.29	5.79	1.33	155.05	333.61	277.3
Change in Accounts Receivable	-386.65	-386.65	-68.16	-299.29	-9.56	-459.02
Change in Inventory	-20.78	-20.78	-5.06	-9.13	5.69	-12.37
Change in Accounts Payable	659.65	659.65	46.03	336.96	35.5	137.04
Operating Cash Flow	2,300	2,263	1,754	1,706	1,483	500.68
Operating Cash Flow Growth	27.02%	29.01%	2.78%	15.07%	196.20%	393.96%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Capital Expenditures	-113.45	-132.73	-263.53	-191	-131.65	-153.89
Sale of Property, Plant & Equipment	3.29	3.54	0.79	0.52	0.18	0.83
Cash Acquisitions	-	-	-	-	-4.34	-
Divestitures	-	-	-	-	1.04	-
Investment in Securities	-1,623	-1,161	-667.88	-187.4	-52.66	287.85
Other Investing Activities	13.5	8.48	20.31	0.05	634.69	46.91
Investing Cash Flow	-1,720	-1,282	-910.3	-377.83	447.28	181.69

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Short-Term Debt Issued	-	122.79	-	-	-	-
Total Debt Issued	212.79	122.79	-	-	-	-
Long-Term Debt Repaid	-	-62.93	-29.69	-20.45	-22.26	-10.24
Total Debt Repaid	-162.69	-62.93	-29.69	-20.45	-22.26	-10.24
Net Debt Issued (Repaid)	50.1	59.86	-29.69	-20.45	-22.26	-10.24
Issuance of Common Stock	44.95	44.95	54.11	-	200.92	-
Repurchase of Common Stock	-199.96	-199.96	-	-199.97	-199.97	-100
Common Dividends Paid	-213.75	-213.64	-425.32	-274.99	-	-
Other Financing Activities	-192.94	0.36	1.14	-568.76	-558.77	-69.69
Financing Cash Flow	-511.61	-308.43	-399.77	-1,064	-580.08	-179.93

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Foreign Exchange Rate Adjustments	-13.6	-6.09	2.93	4.2	19.46	-4.58
Net Cash Flow	54.76	666.5	446.68	268.65	1,370	497.86

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Free Cash Flow	2,187	2,130	1,490	1,515	1,351	346.79
Free Cash Flow Growth	39.87%	42.92%	-1.66%	12.14%	289.68%	827.78%
Free Cash Flow Margin	35.30%	40.00%	29.12%	35.28%	36.27%	14.60%
Free Cash Flow Per Share	1.03	1.00	0.70	0.71	0.65	0.16
Levered Free Cash Flow	1,706	2,139	879.52	856.68	1,382	28.47
Unlevered Free Cash Flow	1,709	2,141	881.11	857.53	1,383	28.86

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021
Cash Income Tax Paid	290.38	292.7	273.38	248.71	206.29	140.21
Change in Working Capital	253.97	253.97	-37.8	30.76	17.07	-306.24

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:

Jul 31, 2026

Data Sources Report a data error