Jiangsu Changhai Composite Materials Co., Ltd (SHE:300196)
China · Delayed Price · Currency is CNY 14.40
-0.52 (-3.49%)
Nov 13, 2026, 3:04 PM CST
SHE:300196 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 | 328.05 | 326.44 | 274.78 | 296.08 | 817.31 | 572.41 |
Depreciation & Amortization | 313.81 | 313.81 | 218.27 | 220.22 | 192.26 | 154.29 |
Other Amortization | 25.14 | 25.14 | 9.16 | 9.26 | 7.59 | 6.64 |
Loss (Gain) From Sale of Assets | 0.37 | 0.37 | -2.54 | -3.18 | -101.37 | -74.81 |
Asset Writedown & Restructuring Costs | 0.06 | 0.06 | 0.07 | 20.54 | 6.64 | 6.49 |
Loss (Gain) From Sale of Investments | -2.38 | -2.38 | -29.22 | -9.75 | -24.72 | -11.18 |
Provision & Write-off of Bad Debts | 4.4 | 4.4 | 4.22 | - | - | - |
Other Operating Activities | 193.25 | 62.39 | 50.19 | 20.91 | -26.71 | 13.94 |
Change in Accounts Receivable | -472.67 | -472.67 | -306.1 | -47.18 | -496.78 | -273.99 |
Change in Inventory | -47.84 | -47.84 | -11.99 | -32.04 | -28.17 | -54.82 |
Change in Accounts Payable | -54.31 | -54.31 | 260.27 | 214.83 | 200.79 | 259.78 |
Change in Other Net Operating Assets | -15.99 | -15.99 | - | - | -0.11 | 0.11 |
Operating Cash Flow | 272.11 | 139.63 | 447.85 | 719.44 | 561.6 | 598 |
Operating Cash Flow Growth | -45.77% | -68.82% | -37.75% | 28.11% | -6.09% | 37.99% |
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 | -152.41 | -362.72 | -629.44 | -685.45 | -786.11 | -1,093 |
Sale of Property, Plant & Equipment | 10.74 | 3.94 | 13.42 | 54.03 | 176.97 | 175.04 |
Divestitures | - | - | - | - | -4.79 | - |
Investment in Securities | -65.8 | -44.8 | 228.33 | -151.85 | 133.49 | -122.43 |
Other Investing Activities | -33.05 | 9.55 | 25.87 | 8.38 | 5.52 | - |
Investing Cash Flow | -240.52 | -394.03 | -361.82 | -774.88 | -474.92 | -1,040 |
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 | - | 1,091 | 442.93 | 671.9 | 160.5 | 0.5 |
Total Debt Issued | 1,543 | 1,091 | 442.93 | 671.9 | 160.5 | 0.5 |
Long-Term Debt Repaid | - | -826.26 | -428.71 | -264.05 | -1.81 | -26.9 |
Lease Payments | -25.97 | -25.97 | - | -1.35 | -1.31 | - |
Total Debt Repaid | -1,292 | -826.26 | -428.71 | -264.05 | -1.81 | -26.9 |
Net Debt Issued (Repaid) | 250.79 | 265.03 | 14.22 | 407.86 | 158.69 | -26.4 |
Repurchase of Common Stock | -4.63 | -4.63 | -48.38 | - | - | - |
Common Dividends Paid | -257.7 | -147.9 | -89.64 | -99.92 | -64.96 | -42.8 |
Other Financing Activities | 4.63 | - | - | - | - | -3.24 |
Financing Cash Flow | -6.9 | 112.51 | -123.79 | 307.94 | 93.74 | -72.44 |
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 | -48.77 | -12.02 | -1.74 | 19.23 | 26.4 | -15.12 |
Net Cash Flow | -24.08 | -153.91 | -39.5 | 271.72 | 206.81 | -529.86 |
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 | 119.7 | -223.09 | -181.58 | 33.99 | -224.51 | -494.92 |
Free Cash Flow Growth | 99.54% | - | - | - | - | - |
Free Cash Flow Margin | 3.73% | -7.11% | -6.82% | 1.30% | -7.44% | -19.75% |
Free Cash Flow Per Share | 0.29 | -0.54 | -0.44 | 0.08 | -0.52 | -1.11 |
Levered Free Cash Flow | 84.49 | -297.05 | 43.81 | -103.23 | -571.36 | -522.09 |
Unlevered Free Cash Flow | 120.89 | -268.78 | 71.93 | -80.09 | -556.68 | -521.7 |
Free Cash Flow After Leases | 93.73 | -249.07 | -181.58 | 32.65 | -225.82 | -494.92 |
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 | 9.9 | 9.9 | - | - | - | - |
Cash Income Tax Paid | 159.77 | 70.58 | -66.46 | 16.66 | 144.65 | 78.4 |
Change in Working Capital | -590.6 | -590.6 | -77.08 | 165.35 | -309.4 | -69.79 |