Masterwork Group Co.,Ltd. (SHE:300195)
China · Delayed Price · Currency is CNY 4.860
+0.110 (2.32%)
Nov 3, 2026, 10:35 AM CST
Masterwork Group 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 | -17.49 | 24.06 | 12.61 | 40.71 | -67.46 | 34.5 |
Depreciation & Amortization | 106.15 | 110.91 | 119.42 | 125.47 | 114.99 | 114.53 |
Other Amortization | 17.72 | 12.96 | 4.24 | 3.71 | 7.32 | 3.77 |
Loss (Gain) From Sale of Assets | -0.52 | -0.52 | -0.21 | -0.41 | -4.44 | -11.67 |
Asset Writedown & Restructuring Costs | 36.26 | 36.26 | 24.56 | -33.35 | -12.29 | -0.33 |
Loss (Gain) From Sale of Investments | 2.14 | 2.14 | -11.81 | 11.64 | -5.99 | 5.46 |
Provision & Write-off of Bad Debts | -1.7 | - | - | 3.97 | 16.46 | 9.96 |
Other Operating Activities | 81.04 | 66.96 | 64.91 | 120.88 | 124.99 | 114.56 |
Change in Accounts Receivable | -32.44 | -32.44 | -5.53 | -77.15 | 111.77 | -124.93 |
Change in Inventory | -49.75 | -49.75 | -2.29 | 15.5 | -193.35 | -79.4 |
Change in Accounts Payable | -18.14 | -18.14 | -68.08 | -174.7 | 24.01 | 76.64 |
Change in Other Net Operating Assets | 0.86 | 0.86 | -28.83 | 6.46 | - | - |
Operating Cash Flow | 120.89 | 150.06 | 115.84 | 40.85 | 99.96 | 148 |
Operating Cash Flow Growth | -12.90% | 29.53% | 183.61% | -59.14% | -32.46% | -8.06% |
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 | -304.78 | -98.23 | -74.17 | -39.43 | -149.27 | -131.37 |
Sale of Property, Plant & Equipment | 0.05 | 1.13 | 0.01 | 0.39 | 15.59 | 56.22 |
Cash Acquisitions | -6.24 | - | 0.05 | - | - | -4.34 |
Divestitures | - | - | 25.7 | 26.41 | - | 149.87 |
Investment in Securities | -18.4 | -16.42 | -40.87 | -26.98 | -46.59 | -168.03 |
Other Investing Activities | 5.66 | 4.58 | 28.62 | 9.18 | - | 20.91 |
Investing Cash Flow | -323.72 | -108.94 | -60.67 | -30.42 | -180.27 | -76.74 |
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 | - | 1,479 | 1,816 | 1,396 | 1,310 | 1,181 |
Total Debt Issued | 2,340 | 1,479 | 1,816 | 1,396 | 1,310 | 1,181 |
Long-Term Debt Repaid | - | -1,332 | -1,766 | -1,368 | -1,116 | -982.52 |
Total Debt Repaid | -1,806 | -1,332 | -1,766 | -1,368 | -1,116 | -982.52 |
Net Debt Issued (Repaid) | 534.31 | 146.47 | 50.46 | 27.94 | 193.85 | 198.54 |
Issuance of Common Stock | 26.5 | 15.5 | 0.87 | 33.93 | 3.2 | - |
Repurchase of Common Stock | - | - | - | - | - | -50.1 |
Common Dividends Paid | -68.18 | -62.76 | -62.1 | -94.49 | -112.39 | -95.98 |
Other Financing Activities | -139.57 | -130.47 | -26.03 | -44.12 | -133.52 | -156.32 |
Financing Cash Flow | 353.06 | -31.26 | -36.8 | -76.74 | -48.86 | -103.87 |
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 | -5.95 | 7.39 | -1.98 | 0.85 | -21.85 | 4.97 |
Net Cash Flow | 144.27 | 17.25 | 16.39 | -65.46 | -151.01 | -27.64 |
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 | -183.9 | 51.83 | 41.67 | 1.42 | -49.31 | 16.63 |
Free Cash Flow Growth | - | 24.36% | 2841.23% | - | - | - |
Free Cash Flow Margin | -11.03% | 3.19% | 2.54% | 0.09% | -3.76% | 1.13% |
Free Cash Flow Per Share | -0.43 | 0.12 | 0.10 | 0.00 | -0.13 | 0.04 |
Levered Free Cash Flow | -64.41 | -82 | 88.09 | -65.88 | -230.28 | -170.91 |
Unlevered Free Cash Flow | -51.13 | -39.14 | 132.71 | -7.08 | -171.33 | -107.24 |
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 Interest Paid | 26.7 | 26.7 | - | - | - | - |
Cash Income Tax Paid | 48.74 | 22.59 | 46.4 | 55.93 | 17.43 | 61.51 |
Change in Working Capital | -102.72 | -102.72 | -97.88 | -231.77 | -73.61 | -122.78 |