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New Hope Dairy Co., Ltd. (SHE:002946)
China flag China · Delayed Price · Currency is CNY
14.70
+0.23 (1.59%)
Sep 14, 2026, 3:04 PM CST

New Hope Dairy Cash Flow Statement

Millions CNY. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Jan '25 Dec '23 Jan '23 Jan '22
Net Income
798.42731.15537.69430.83361.23312.26
Depreciation & Amortization
440.36448.63467.69505.9469.39404.06
Other Amortization
25.8125.994.9512.2812.749.55
Loss (Gain) From Sale of Assets
87.0996.9587.24102.6331.2715.46
Asset Writedown & Restructuring Costs
60.4771.66125.0922.431.470.57
Loss (Gain) From Sale of Investments
-31.55-32.51-20.95-15.53-84.13-57.05
Provision & Write-off of Bad Debts
-5.39-5.39-8.832.8134.55-7.4
Other Operating Activities
105.62116.23121.51172.52149.02156.43
Change in Accounts Receivable
62.51-28.1538.8654.4624.54-141.66
Change in Inventory
3.424.39-30.1472.5-115.04-211.56
Change in Accounts Payable
62.7386.1172.84233.18169.97576.62
Change in Other Net Operating Assets
3.97-15.18-11.68-26.33-22.36-23.47
Operating Cash Flow
1,6131,5101,4911,5571,0341,035
Operating Cash Flow Growth
10.86%1.26%-4.23%50.63%-0.13%43.87%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Jan '25 Dec '23 Jan '23 Jan '22
Capital Expenditures
-612.98-604.95-665.82-775.6-732.33-695.28
Sale of Property, Plant & Equipment
138.75139.7287.34131.74102.198.52
Cash Acquisitions
-2.31-2.31-12--43.87-305.17
Divestitures
--74.2565.39--
Investment in Securities
250.04-60.84-70-32-10-231.34
Other Investing Activities
-36.843.1218.0723.4331.0725.56
Investing Cash Flow
-263.31-485.27-568.17-587.04-653.03-1,108

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Jan '25 Dec '23 Jan '23 Jan '22
Short-Term Debt Issued
---10--
Long-Term Debt Issued
-1,1691,8322,5762,5132,916
Total Debt Issued
1,0311,1691,8322,5862,5132,916
Long-Term Debt Repaid
--1,890-2,525-3,310-2,576-2,744
Lease Payments
-21.92-21.92-26.44-49.96-37.34-22.61
Total Debt Repaid
-1,918-1,890-2,525-3,310-2,576-2,744
Net Debt Issued (Repaid)
-886.8-720.44-692.9-724.7-63.13171.74
Issuance of Common Stock
-----126.79
Repurchase of Common Stock
---45.96-8.08-6.42-
Common Dividends Paid
-457.76-313.7-223.99-208.64-198.23-163.35
Other Financing Activities
-65.12-56.03-7.69-4.63-200.73-88.09
Financing Cash Flow
-1,410-1,090-970.55-946.05-468.5247.09

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Jan '25 Dec '23 Jan '23 Jan '22
Foreign Exchange Rate Adjustments
-1.03-0.390.21-9.151.54-0.01
Net Cash Flow
-60.82-65.72-47.2614.87-86.3-25.56

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Jan '25 Dec '23 Jan '23 Jan '22
Free Cash Flow
1,000905.16825.43781.51301.38339.79
Free Cash Flow Growth
17.08%9.66%5.62%159.31%-11.30%299.72%
Free Cash Flow Margin
8.68%8.06%7.74%7.11%3.01%3.79%
Free Cash Flow Per Share
1.161.050.950.910.350.39
Levered Free Cash Flow
508.2522.44441.82419.1-143.63167.7
Unlevered Free Cash Flow
564.11578.36510.62515.15-50.64244.81
Free Cash Flow After Leases
978.29883.23798.99731.55264.03317.18

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Jan '25 Dec '23 Jan '23 Jan '22
Cash Income Tax Paid
499.4449.16385.92386.91282.02253.8
Change in Working Capital
132.3657.4176.86323.2458.16201.2