Fujian Newchoice Pipe Technology Co., Ltd. (SHE:300198)

SHE:300198 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	-271.78	-274.75	-307.18	-512.93	-307.76	-109.33
Depreciation & Amortization	22.02	25.72	30.19	37.81	39.94	44.11
Other Amortization	0.33	0.38	0.45	0.41	0.55	1.22
Loss (Gain) From Sale of Assets	-0.04	-0.04	-0.89	-0.98	-0.05	0.21
Asset Writedown & Restructuring Costs	79.37	79.37	163.04	73.78	12.33	1.27
Loss (Gain) From Sale of Investments	2.3	2.3	7.23	278.39	34.82	8
Provision & Write-off of Bad Debts	70.79	71.48	55.18	40.27	58.1	17.81
Other Operating Activities	29.82	63.3	54.05	64.51	69.04	58.16
Change in Accounts Receivable	-151.09	-151.09	34.39	94.21	1.86	-39.39
Change in Inventory	4.2	4.2	12.91	14.65	19.97	17.5
Change in Accounts Payable	180.61	176.86	21.89	-49.81	86.34	-123.25
Change in Other Net Operating Assets	27.3	27.3	-	-	-	-
Operating Cash Flow	-5.76	25.43	74.35	96.79	65.41	-145.66
Operating Cash Flow Growth	-	-65.80%	-23.18%	47.98%	-	-

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	-1.05	-0.56	-1.18	-14.73	-9.07	-30.59
Sale of Property, Plant & Equipment	0.01	0.08	1.31	5.04	1.46	0.53
Cash Acquisitions	-	-	-2.4	-4	-5.55	-
Divestitures	-	-	-	-	-	4.72
Investment in Securities	-	-	5.2	-	-	-4.73
Other Investing Activities	-3.4	0.65	11.78	14.29	31.85	49.41
Investing Cash Flow	-1.37	3.25	25.69	0.6	18.68	19.33

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
Long-Term Debt Issued	-	0.7	913.4	1,635	1,151	855.93
Long-Term Debt Repaid	-	-4.86	-970.11	-1,702	-1,172	-797.57
Lease Payments	-2.83	-1.86	-1.56	-13.79	-17.73	-
Net Debt Issued (Repaid)	-19.54	-4.16	-56.71	-67.16	-21	58.36
Common Dividends Paid	-15.6	-16.96	-45.48	-68.67	-67.56	-63.66
Other Financing Activities	127.68	0.02	-	-	-	-
Financing Cash Flow	92.52	-21.1	-102.2	-135.83	-88.57	-5.3

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
Foreign Exchange Rate Adjustments	-0.01	-	0	0	0.05	-0.02
Net Cash Flow	85.37	7.58	-2.15	-38.45	-4.43	-131.64

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	-6.82	24.87	73.17	82.06	56.33	-176.26
Free Cash Flow Growth	-	-66.01%	-10.83%	45.66%	-	-
Free Cash Flow Margin	-5.91%	32.85%	46.55%	20.72%	11.12%	-25.98%
Free Cash Flow Per Share	-0.01	0.02	0.07	0.08	0.06	-0.17
Levered Free Cash Flow	240.3	-50.73	-238.96	-58.08	11.91	-421.69
Unlevered Free Cash Flow	247.76	-17.22	-203.03	-16.72	57.13	-389.45
Free Cash Flow After Leases	-9.64	23.01	71.6	68.27	38.61	-176.26

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	9.08	7.12	10.74	20.8	-21.96	16.41
Change in Working Capital	61.41	57.66	72.27	115.52	158.44	-167.1

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