Valiant Co.,Ltd (SHE:002643)
China · Delayed Price · Currency is CNY 13.11
+0.22 (1.71%)
Sep 10, 2026, 3:04 PM CST
Valiant Co.,Ltd 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 | Jan '22 Jan 1, 2022 |
Net Income | 243.75 | 284.48 | 246.28 | 763.01 | 721.33 | 626.66 |
Depreciation & Amortization | 481.78 | 447.66 | 449.83 | 450.09 | 412.06 | 306.29 |
Other Amortization | 18.65 | 14.43 | 7.4 | 8.08 | 6.76 | 2.17 |
Loss (Gain) From Sale of Assets | 0.87 | 0.54 | -0.15 | -0.09 | -0.29 | -0.5 |
Asset Writedown & Restructuring Costs | 39.23 | 38.46 | 40.79 | 0.42 | 5.96 | 1.09 |
Loss (Gain) From Sale of Investments | 4.03 | 4.56 | 0.46 | -1.05 | -5.2 | -11.42 |
Provision & Write-off of Bad Debts | 3.32 | 3.93 | 10.37 | 4.63 | -0.13 | 5.58 |
Other Operating Activities | 255.4 | 194.83 | 262.45 | 160.93 | 247.24 | 162.51 |
Change in Accounts Receivable | -90.79 | -0.94 | -19.8 | -169.54 | 29.97 | 69.15 |
Change in Inventory | 60.04 | -36.82 | 57.15 | -43.01 | -625.29 | -339.24 |
Change in Accounts Payable | -139.15 | 147.8 | 51.75 | -130.3 | 228.14 | 242.5 |
Operating Cash Flow | 872.54 | 1,090 | 1,096 | 1,084 | 983 | 1,045 |
Operating Cash Flow Growth | -14.12% | -0.58% | 1.17% | 10.24% | -5.91% | 87.01% |
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 | Jan '22 Jan 1, 2022 |
Capital Expenditures | -624 | -693.52 | -1,108 | -1,396 | -1,295 | -731.52 |
Sale of Property, Plant & Equipment | 1.35 | 1.47 | 0.68 | 0.98 | 2.05 | 1.7 |
Investment in Securities | - | 110 | 286 | -309.95 | 367.25 | -80.5 |
Other Investing Activities | 0.11 | 0.26 | 2.69 | 1.1 | 5.62 | 8.23 |
Investing Cash Flow | -622.54 | -581.79 | -819.08 | -1,703 | -920.06 | -802.09 |
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 | Jan '22 Jan 1, 2022 |
Long-Term Debt Issued | - | 496.56 | 1,102 | 1,177 | 617.09 | 450.54 |
Short-Term Debt Repaid | - | - | -10.8 | - | - | - |
Long-Term Debt Repaid | - | -552.54 | -735.46 | -647.38 | -318.43 | -510.91 |
Lease Payments | -12.86 | -11.83 | -16.81 | -17.04 | -17.03 | -13.99 |
Total Debt Repaid | -608.83 | -552.54 | -746.26 | -647.38 | -318.43 | -510.91 |
Net Debt Issued (Repaid) | 295.18 | -55.98 | 355.28 | 529.86 | 298.66 | -60.36 |
Issuance of Common Stock | - | - | - | - | - | 207.36 |
Repurchase of Common Stock | -100.09 | -138.2 | - | -0.22 | -1.96 | - |
Common Dividends Paid | -147.86 | -132.41 | -326.42 | -309.98 | -261.32 | -208.5 |
Other Financing Activities | - | -51.25 | -44.08 | 130.27 | 34.96 | 64.64 |
Financing Cash Flow | 47.23 | -377.84 | -15.22 | 349.92 | 70.34 | 3.13 |
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 | Jan '22 Jan 1, 2022 |
Foreign Exchange Rate Adjustments | -40.56 | 6.15 | 7.68 | 20.35 | 70.37 | -25.37 |
Net Cash Flow | 256.67 | 136.42 | 269.67 | -249.5 | 203.65 | 220.41 |
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 | Jan '22 Jan 1, 2022 |
Free Cash Flow | 248.54 | 396.37 | -12.16 | -311.9 | -311.99 | 313.21 |
Free Cash Flow Growth | 159.41% | - | - | - | - | - |
Free Cash Flow Margin | 6.49% | 10.66% | -0.33% | -7.25% | -6.14% | 7.19% |
Free Cash Flow Per Share | 0.27 | 0.43 | -0.01 | -0.34 | -0.34 | 0.34 |
Levered Free Cash Flow | 206.83 | 88.94 | -266.9 | -1,108 | -250.58 | 221.44 |
Unlevered Free Cash Flow | 220 | 102.11 | -248.19 | -1,088 | -234.04 | 233.47 |
Free Cash Flow After Leases | 235.67 | 384.54 | -28.97 | -328.94 | -329.02 | 299.22 |
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 | Jan '22 Jan 1, 2022 |
Cash Income Tax Paid | 21.78 | 10.35 | 40.76 | 85.78 | 48.99 | 91.4 |
Change in Working Capital | -174.47 | 101 | 78.84 | -302.37 | -404.74 | -47.65 |