Beijing Kaiwen Education Technology Co., Ltd (SHE:002659)
China · Delayed Price · Currency is CNY 4.390
+0.180 (4.28%)
Nov 11, 2026, 3:04 PM CST
SHE:002659 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 | Sep '26 Sep 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 | -16.14 | -17.04 | -36.96 | -49.72 | -96.51 | -120.62 |
Depreciation & Amortization | 80.82 | 80.82 | 66.94 | 59.43 | 63.32 | 64.96 |
Other Amortization | 28.2 | 28.2 | 32.52 | 32.38 | 26.49 | 29.21 |
Loss (Gain) From Sale of Assets | -0.05 | -0.05 | - | -0 | -0 | -0 |
Loss (Gain) From Sale of Investments | -1.05 | -1.05 | -2.44 | -3.09 | -3.41 | -12.83 |
Provision & Write-off of Bad Debts | 0.4 | 0.4 | 1.42 | 0.22 | 0.08 | 0.03 |
Other Operating Activities | 38.28 | 34.3 | 40.49 | 47.2 | 48.55 | 82.63 |
Change in Accounts Receivable | 4.12 | 4.12 | -24.65 | -0.39 | -227.79 | -4.44 |
Change in Inventory | -0.13 | -0.13 | 0 | 0.08 | 0.01 | 0.05 |
Change in Accounts Payable | -11.69 | -11.69 | -29.24 | -18.42 | 405.63 | 103.52 |
Operating Cash Flow | 128.36 | 123.48 | 55.83 | 65.14 | 223.02 | 121.49 |
Operating Cash Flow Growth | -12.28% | 121.19% | -14.29% | -70.79% | 83.57% | 3374.10% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | -20.61 | -43.48 | -3.38 | -13.14 | -27.31 | -60.04 |
Sale of Property, Plant & Equipment | - | 0.2 | - | 0 | 0 | 0.01 |
Divestitures | - | - | - | - | - | -35.53 |
Investment in Securities | -56.95 | 1.05 | 2.44 | 3.09 | 38.21 | 228.55 |
Other Investing Activities | -0.57 | - | - | - | 3.48 | 13.29 |
Investing Cash Flow | -78.13 | -42.23 | -0.94 | -10.05 | 14.38 | 146.28 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | - | - | - | - | 43.46 | 50.9 |
Total Debt Issued | - | - | - | - | 43.46 | 50.9 |
Long-Term Debt Repaid | - | -125.43 | -118.01 | -55.41 | -257.53 | -624.24 |
Lease Payments | -25.43 | -25.43 | -18.01 | -5.41 | -7.53 | - |
Total Debt Repaid | -125.43 | -125.43 | -118.01 | -55.41 | -257.53 | -624.24 |
Net Debt Issued (Repaid) | -125.43 | -125.43 | -118.01 | -55.41 | -214.08 | -573.34 |
Issuance of Common Stock | 10 | 8 | - | - | - | - |
Common Dividends Paid | -19.06 | -22.2 | -28.75 | -34.59 | -43.27 | -53.37 |
Other Financing Activities | -23.79 | -6.31 | -7.65 | -10.15 | -7.03 | - |
Financing Cash Flow | -158.27 | -145.94 | -154.41 | -100.14 | -264.39 | -626.71 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | -0.63 | -0.27 | 0.17 | 0.19 | 0.92 | -0.23 |
Net Cash Flow | -108.67 | -64.96 | -99.35 | -44.86 | -26.07 | -359.17 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 107.76 | 80 | 52.45 | 52 | 195.71 | 61.45 |
Free Cash Flow Growth | -5.91% | 52.53% | 0.87% | -73.43% | 218.47% | - |
Free Cash Flow Margin | 29.30% | 23.08% | 16.41% | 20.48% | 113.91% | 21.62% |
Free Cash Flow Per Share | 0.16 | 0.14 | 0.09 | 0.08 | 0.32 | 0.10 |
Levered Free Cash Flow | 97.02 | 61.83 | 150.78 | 26.53 | 204.6 | -431.13 |
Unlevered Free Cash Flow | 101.03 | 79.14 | 170.15 | 49.72 | 236.52 | -381.12 |
Free Cash Flow After Leases | 82.33 | 54.58 | 34.44 | 46.59 | 188.17 | 61.45 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 39.76 | 43.01 | 36.77 | 18.16 | 12.99 | 12.54 |
Change in Working Capital | -2.1 | -2.1 | -46.15 | -21.28 | 184.5 | 78.11 |