QITIAN Technology Group Co., Ltd. (SHE:300061)

QITIAN Technology Group 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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Net Income	-98.98	-83.21	-214.22	-495.44	51.77	-365.97
Depreciation & Amortization	9.32	9.32	10.63	11.44	11.13	15.48
Other Amortization	7.89	7.89	19.92	35.62	34.59	48.65
Loss (Gain) From Sale of Assets	-0.12	-0.12	-0.8	-0.08	-0.49	1.64
Asset Writedown & Restructuring Costs	0	0	175.85	428.84	0.01	347.52
Loss (Gain) From Sale of Investments	-	-	-0	0	-	-0.4
Provision & Write-off of Bad Debts	17.86	17.86	18.93	6.45	0.39	-4.68
Other Operating Activities	17.56	20.55	23.67	28.2	19.97	14.09
Change in Accounts Receivable	148.75	148.75	86.03	-80.03	-32.39	-34.68
Change in Inventory	1.8	1.8	0.57	-0.69	4.76	13.11
Change in Accounts Payable	-51.3	-51.3	-56.09	-25.27	21.96	-100.61
Change in Other Net Operating Assets	0.31	0.31	-1.64	-1.75	-3.15	71.28
Operating Cash Flow	54.11	72.87	56.12	-98.86	108.77	0.27
Operating Cash Flow Growth	-54.66%	29.86%	-	-	39907.69%	-

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Capital Expenditures	-4.93	-10.13	-16.61	-15.68	-9.7	-10.54
Sale of Property, Plant & Equipment	0.15	0.35	0.93	0.26	0.83	0.4
Divestitures	-	-	-	-	-	1.13
Investment in Securities	-	-	0	-	-	-
Other Investing Activities	-	-	0	3.49	-0.02	0
Investing Cash Flow	-4.78	-9.78	-15.68	-11.93	-8.89	-9.02

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Short-Term Debt Issued	-	1,192	1,096	1,058	818.3	0.8
Long-Term Debt Issued	-	-	-	-	-	525.01
Total Debt Issued	1,047	1,192	1,096	1,058	818.3	525.81
Short-Term Debt Repaid	-	-1,256	-1,119	-956.94	-	-
Long-Term Debt Repaid	-	-6.26	-8.72	-7.93	-646.45	-710.15
Lease Payments	-6.26	-6.26	-8.72	-7.93	-5.13	-9.79
Total Debt Repaid	-1,188	-1,262	-1,128	-964.88	-646.45	-710.15
Net Debt Issued (Repaid)	-141.42	-70.15	-32.1	93.09	171.84	-184.34
Common Dividends Paid	-13.18	-16.86	-22.47	-22.13	-18.56	-18.87
Other Financing Activities	2.88	-0.37	-0.39	74.9	-0.45	-10.47
Financing Cash Flow	-151.71	-87.37	-54.96	145.87	152.84	-213.68

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Net Cash Flow	-102.38	-24.28	-14.52	35.07	252.71	-222.42

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Free Cash Flow	49.19	62.75	39.51	-114.55	99.07	-10.27
Free Cash Flow Growth	-54.19%	58.83%	-	-	-	-
Free Cash Flow Margin	12.88%	15.17%	6.30%	-11.75%	7.89%	-0.97%
Free Cash Flow Per Share	0.11	0.10	0.06	-0.17	0.15	-0.01
Levered Free Cash Flow	92.08	78.89	33.41	-104.92	53.59	-52.65
Unlevered Free Cash Flow	100.59	90.28	47.32	-90.41	66.3	-39.67
Free Cash Flow After Leases	42.93	56.49	30.79	-122.48	93.94	-20.06

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Cash Income Tax Paid	3.69	16.18	17.75	31.26	44.06	68.55
Change in Working Capital	100.58	100.58	22.14	-113.89	-8.6	-56.06

Data Source: S&P Global Market Intelligence Last updated: Oct 23, 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:

Oct 27, 2026

Data Sources Report a data error