Changchun Zhiyuan New Energy Equipment Co., Ltd (SHE:300985)
China · Delayed Price · Currency is CNY 36.05
-0.40 (-1.10%)
Sep 11, 2026, 3:04 PM CST
SHE:300985 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 | -99.43 | -42.84 | -191.91 | 56.24 | -51.56 | 19.32 |
Depreciation & Amortization | 88.51 | 83.79 | 100.78 | 60.09 | 26.69 | 30.33 |
Other Amortization | 1.43 | 1.43 | 1.93 | 0.96 | 0.56 | - |
Loss (Gain) From Sale of Assets | 0.05 | 0.05 | 0.07 | - | 0.19 | 0.31 |
Asset Writedown & Restructuring Costs | 30.66 | 0.26 | 142.27 | - | 29.32 | -4.17 |
Loss (Gain) From Sale of Investments | 7.28 | 7.5 | 35.17 | 5.89 | 2.47 | 2.04 |
Provision & Write-off of Bad Debts | 19.45 | 19.45 | 15.78 | 6.16 | - | - |
Other Operating Activities | 56.82 | 48.25 | 72.39 | 28.75 | 3.84 | 7.76 |
Change in Accounts Receivable | 1.56 | -463.87 | -81.79 | -176 | 67.07 | 191.23 |
Change in Inventory | 26.22 | 3.04 | -26 | -379.07 | -86.87 | -5.89 |
Change in Accounts Payable | -38.5 | 100.08 | -309.47 | 461.48 | 40.43 | -186.35 |
Operating Cash Flow | 86.8 | -253.71 | -248.74 | 73.29 | 21.42 | 55.17 |
Operating Cash Flow Growth | 1384.09% | - | - | 242.11% | -61.16% | -32.96% |
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 | -75.48 | -50.53 | -43.04 | -167.2 | -431.09 | -163.01 |
Sale of Property, Plant & Equipment | - | - | 0.32 | - | 0.72 | - |
Cash Acquisitions | - | - | - | - | - | -2.1 |
Investment in Securities | -9.5 | - | -4 | 4 | -66.9 | 109 |
Other Investing Activities | 0.01 | 0.01 | 0.09 | - | 0.03 | 0.16 |
Investing Cash Flow | -84.97 | -50.52 | -46.63 | -163.2 | -497.24 | -55.95 |
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 | - | 702.87 | 485 | 427 | 238 | - |
Total Debt Issued | 851.17 | 702.87 | 485 | 427 | 238 | - |
Long-Term Debt Repaid | - | -345.84 | -281.59 | -128.79 | -91.66 | -241.95 |
Lease Payments | -6.26 | -6.26 | -2.47 | -1.8 | -1.66 | -5.3 |
Total Debt Repaid | -838.36 | -345.84 | -281.59 | -128.79 | -91.66 | -241.95 |
Net Debt Issued (Repaid) | 12.81 | 357.02 | 203.41 | 298.21 | 146.34 | -241.95 |
Issuance of Common Stock | 5.5 | - | - | - | - | 787.88 |
Repurchase of Common Stock | -56.13 | -56.13 | -15.44 | - | - | - |
Common Dividends Paid | -36.22 | -32.51 | -88.09 | -27.11 | -21.71 | -21.57 |
Other Financing Activities | 9.29 | -2.32 | -1.06 | - | -34.91 | -10.33 |
Financing Cash Flow | -64.75 | 266.06 | 98.82 | 271.1 | 89.72 | 514.04 |
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 | - | - | - | - | 0.01 | -0.04 |
Net Cash Flow | -62.92 | -38.17 | -196.56 | 181.2 | -386.09 | 513.21 |
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 | 11.32 | -304.24 | -291.78 | -93.9 | -409.67 | -107.85 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | 0.63% | -17.93% | -25.34% | -5.29% | -247.03% | -27.40% |
Free Cash Flow Per Share | 0.06 | -1.63 | -1.57 | -0.50 | -2.21 | -0.64 |
Levered Free Cash Flow | 122.54 | -219.69 | -401.83 | -71.49 | -324.07 | -98 |
Unlevered Free Cash Flow | 144.58 | -197.64 | -380.81 | -57.11 | -321.52 | -93.92 |
Free Cash Flow After Leases | 5.07 | -310.5 | -294.25 | -95.7 | -411.33 | -113.15 |
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 | 26.96 | 30.1 | 27.06 | 21.34 | 0.13 | 30.49 |
Change in Working Capital | -17.99 | -371.61 | -425.21 | -84.81 | 9.92 | -0.42 |