Hainan Drinda New Energy Technology Co., Ltd. (SHE:002865)
China · Delayed Price · Currency is CNY 33.61
-0.71 (-2.07%)
Oct 26, 2026, 3:04 PM CST
SHE:002865 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 | Dec '21 Dec 31, 2021 |
Net Income | -1,425 | -1,416 | -591.11 | 815.64 | 716.95 | -178.64 |
Depreciation & Amortization | 777.6 | 777.6 | 744.09 | 545.45 | 318.86 | 87.39 |
Other Amortization | 5.68 | 5.68 | 0.8 | 2.23 | 101.58 | 68.38 |
Loss (Gain) From Sale of Assets | -0.31 | -0.31 | -0.92 | 0.42 | 1.86 | 1.53 |
Asset Writedown & Restructuring Costs | 320.98 | 320.98 | 2.64 | 907.34 | 5.31 | 87.74 |
Loss (Gain) From Sale of Investments | 56.39 | 56.39 | -5.21 | -2.9 | -211.57 | 7.54 |
Provision & Write-off of Bad Debts | 1.34 | 1.34 | 0.49 | 2.52 | 13.78 | 3.29 |
Other Operating Activities | 1,150 | 427.13 | 355.26 | 335.13 | 304.58 | 99.65 |
Change in Accounts Receivable | -361.91 | -361.91 | 381.3 | -1,322 | -1,080 | 95.68 |
Change in Inventory | -204.54 | -204.54 | 45.11 | -655.89 | -321.7 | -23.37 |
Change in Accounts Payable | -103.81 | -103.81 | -98.32 | 1,354 | 203.07 | 271.85 |
Change in Other Net Operating Assets | -17.83 | -17.83 | -16 | 121.34 | 49.58 | - |
Operating Cash Flow | 227.46 | -485.76 | 654.37 | 1,979 | 155.76 | 580.96 |
Operating Cash Flow Growth | - | - | -66.94% | 1170.67% | -73.19% | 1051.61% |
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 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -27.39 | -203.88 | -443.58 | -2,781 | -525.42 | -154.1 |
Sale of Property, Plant & Equipment | 1.74 | 1.26 | 1.3 | 0.12 | 0.06 | 1.94 |
Cash Acquisitions | -266.05 | - | - | - | -584.18 | -412.34 |
Divestitures | 117.49 | 117.49 | - | - | 376.23 | - |
Investment in Securities | 903.62 | -455.29 | -424.98 | - | - | - |
Other Investing Activities | 23.17 | 42.4 | - | 2.9 | 0.01 | 2.69 |
Investing Cash Flow | 752.59 | -498.02 | -867.25 | -2,778 | -733.3 | -561.81 |
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 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | - | - | 50.45 | 15.2 |
Long-Term Debt Issued | - | 3,486 | 3,694 | 3,001 | 3,550 | 253.23 |
Total Debt Issued | 4,546 | 3,486 | 3,694 | 3,001 | 3,600 | 268.43 |
Long-Term Debt Repaid | - | -2,976 | -2,820 | -2,230 | -916.3 | -291.15 |
Lease Payments | -85.12 | -85.12 | -304.91 | -330.61 | -485.79 | -78.41 |
Net Debt Issued (Repaid) | 820.19 | 509.99 | 874.13 | 771.16 | 2,684 | -22.71 |
Issuance of Common Stock | 356.55 | 1,305 | 61.67 | 2,804 | - | - |
Repurchase of Common Stock | - | - | -101 | - | - | -5 |
Common Dividends Paid | -216.47 | -259.5 | -380.89 | -358.85 | -128.92 | -22.85 |
Other Financing Activities | -938.67 | -166.02 | -277.62 | -1,011 | -947.51 | -61.49 |
Financing Cash Flow | 21.6 | 1,390 | 176.29 | 2,205 | 1,607 | -112.05 |
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 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -99.47 | -29.39 | 3.01 | - | - | - |
Net Cash Flow | 902.18 | 376.68 | -33.58 | 1,406 | 1,030 | -92.89 |
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 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 200.07 | -689.64 | 210.79 | -801.7 | -369.66 | 426.86 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | 2.79% | -9.04% | 2.12% | -4.30% | -3.19% | 14.91% |
Free Cash Flow Per Share | 0.65 | -2.57 | 0.93 | -3.69 | -1.84 | 2.31 |
Levered Free Cash Flow | -287.54 | 113.51 | -490.47 | -791.35 | 522.3 | 1,355 |
Unlevered Free Cash Flow | -106.71 | 283.93 | -352.63 | -638.79 | 621.92 | 1,382 |
Free Cash Flow After Leases | 114.95 | -774.76 | -94.12 | -1,132 | -855.45 | 348.46 |
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 | Dec '21 Dec 31, 2021 |
Cash Income Tax Paid | - | -340.78 | -130.43 | 185.25 | 109.06 | 70.56 |
Change in Working Capital | -658.78 | -658.78 | 148.32 | -626.64 | -1,096 | 404.07 |