Xi'an Tianhe Defense Technology Co., Ltd. (SHE:300397)
China · Delayed Price · Currency is CNY 11.02
-0.23 (-2.04%)
Sep 3, 2026, 2:55 PM CST
SHE:300397 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 | Jun '26 Jun 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 | -64.44 | -100.33 | -105.37 | -195.82 | -151.19 | -72.11 |
Depreciation & Amortization | 52.24 | 41.33 | 65.52 | 72.79 | 69.87 | 69.04 |
Other Amortization | 14.98 | 27.23 | 1.72 | 1.82 | 2.05 | 2.09 |
Loss (Gain) From Sale of Assets | 1.44 | -0.01 | -0.3 | -0.08 | -0.18 | 0.01 |
Asset Writedown & Restructuring Costs | -0.56 | 4.44 | 9.78 | 7.93 | 3.15 | 3.11 |
Loss (Gain) From Sale of Investments | 4.27 | 4.58 | 1.3 | -3.25 | -4.15 | -7.62 |
Provision & Write-off of Bad Debts | 1.63 | 3.44 | 5.01 | 4.7 | 41.37 | -2.88 |
Other Operating Activities | 24.73 | 13.9 | -4.07 | -5.67 | -6.81 | 20.48 |
Change in Accounts Receivable | -187.91 | -147.89 | -71.93 | -8.27 | -16.58 | 61.92 |
Change in Inventory | 78.61 | 35.68 | -20.93 | -49.49 | -25.84 | -20.74 |
Change in Accounts Payable | 26.82 | 28.46 | 17.68 | 93.25 | -18.56 | 3.85 |
Change in Other Net Operating Assets | 1.51 | 1.3 | -4.37 | -5.18 | 13.92 | 0.82 |
Operating Cash Flow | -47.2 | -90.01 | -102.3 | -68.08 | -75.32 | 30.56 |
Operating Cash Flow Growth | - | - | - | - | - | -90.85% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | -34.4 | -39.31 | -133.31 | -248.2 | -308.2 | -266.02 |
Sale of Property, Plant & Equipment | 0.13 | 0.15 | 0.11 | 0.07 | 0.22 | 0.1 |
Investment in Securities | 1.28 | 1.32 | 21.67 | 185.02 | -123.25 | 86.69 |
Other Investing Activities | 0.25 | 0.25 | 4.85 | -4 | 4.55 | 7.32 |
Investing Cash Flow | -32.75 | -37.6 | -106.68 | -67.12 | -426.68 | -171.91 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | - | 489.09 | 204.18 | 243.63 | 305.51 | 140.63 |
Total Debt Issued | 466.07 | 489.09 | 204.18 | 243.63 | 305.51 | 140.63 |
Long-Term Debt Repaid | - | -311.82 | -195.77 | -135.16 | -79.54 | -57.41 |
Lease Payments | -3.29 | -6.29 | -7.69 | -9.97 | -10.71 | -10.73 |
Total Debt Repaid | -322.35 | -311.82 | -195.77 | -135.16 | -79.54 | -57.41 |
Net Debt Issued (Repaid) | 143.72 | 177.27 | 8.41 | 108.47 | 225.96 | 83.22 |
Issuance of Common Stock | - | 31.87 | - | - | 26.9 | 577.39 |
Repurchase of Common Stock | - | -31.88 | - | - | -23.94 | - |
Common Dividends Paid | -20.08 | -18.32 | -16.52 | -18.47 | -13.48 | -2.2 |
Other Financing Activities | -24.29 | 6 | 1.09 | 0.75 | - | -2.88 |
Financing Cash Flow | 99.35 | 164.95 | -7.03 | 90.75 | 215.43 | 655.53 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | -0.48 | 0.34 | 0.81 | 0.14 | 7.31 | -2.87 |
Net Cash Flow | 18.91 | 37.69 | -215.19 | -44.31 | -279.25 | 511.31 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | -81.6 | -129.32 | -235.61 | -316.27 | -383.52 | -235.46 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow After Leases | -84.89 | -135.61 | -243.3 | -326.24 | -394.23 | -246.18 |
Free Cash Flow After Leases Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -12.67% | -25.87% | -58.55% | -90.19% | -76.42% | -42.15% |
Free Cash Flow Per Share | -0.16 | -0.24 | -0.45 | -0.61 | -0.74 | -0.49 |
Levered Free Cash Flow | 14.18 | -30.89 | -152.93 | -230.28 | -382.33 | -130.39 |
Unlevered Free Cash Flow | 18.63 | -23.2 | -148.37 | -227.51 | -380.61 | -128.16 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 Income Tax Paid | 41.48 | 18.57 | 6.22 | 9.94 | 12.09 | 42.38 |
Change in Working Capital | -81.5 | -84.58 | -75.89 | 49.5 | -29.43 | 18.44 |