Sanhe Tongfei Refrigeration Co., Ltd. (SHE:300990)

SHE:300990 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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Net Income	250.77	252.9	153.43	182.38	127.81	119.95
Depreciation & Amortization	61.27	61.27	55.92	40.86	26.15	10.37
Other Amortization	1.33	1.33	-	-	-	-
Loss (Gain) From Sale of Assets	0.05	0.05	0.03	0	-0.14	0.13
Asset Writedown & Restructuring Costs	5.42	5.42	11.38	25.02	6.85	6.29
Loss (Gain) From Sale of Investments	-1.48	-1.48	-3.42	-7.09	-13.97	-14.25
Other Operating Activities	213.59	-1.18	0.55	-1.57	-1.62	1.7
Change in Accounts Receivable	-205.4	-205.4	-216.78	-429.61	-119.18	-84.7
Change in Inventory	33.56	33.56	-141.38	22.82	-100.8	-43
Change in Accounts Payable	26.06	26.06	221.38	180.93	98.75	59.6
Change in Other Net Operating Assets	19.89	19.89	33.89	23.57	3.14	-
Operating Cash Flow	402.07	189.43	111.18	31.16	29.89	56.67
Operating Cash Flow Growth	208.65%	70.39%	256.78%	4.27%	-47.27%	-47.27%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Capital Expenditures	-22.77	-26.23	-91.88	-210.76	-272.22	-196.8
Sale of Property, Plant & Equipment	0.92	0.11	0.02	0.01	0.24	0.12
Investment in Securities	151.67	201.67	14.79	235.49	411.7	-782.73
Other Investing Activities	-0.77	-	-	-	1.63	0.04
Investing Cash Flow	129.06	175.55	-77.07	24.74	141.35	-979.37

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Short-Term Debt Issued	-	-	-	2.51	-	-
Total Debt Issued	-	-	-	2.51	-	-
Short-Term Debt Repaid	-	-	-2.5	-	-	-
Long-Term Debt Repaid	-	-5.7	-4.58	-4.02	-0.87	-0.41
Total Debt Repaid	-5.7	-5.7	-7.08	-4.02	-0.87	-0.41
Net Debt Issued (Repaid)	-5.7	-5.7	-7.08	-1.51	-0.87	-0.41
Issuance of Common Stock	1.1	1.1	24.71	-	-	1,029
Common Dividends Paid	-84.94	-84.7	-84.24	-74.9	-52	-41.6
Other Financing Activities	30.56	31.55	-	-	-	-29.56
Financing Cash Flow	-58.98	-57.75	-66.61	-76.41	-52.87	956.98

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Foreign Exchange Rate Adjustments	-2.96	3.26	-0.68	2.21	1.77	-1.92
Net Cash Flow	469.19	310.49	-33.19	-18.3	120.13	32.37

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Free Cash Flow	379.31	163.2	19.29	-179.59	-242.33	-140.13
Free Cash Flow Growth	605.19%	745.88%	-	-	-	-
Free Cash Flow Margin	12.68%	5.69%	0.89%	-9.73%	-24.05%	-16.89%
Free Cash Flow Per Share	2.22	0.95	0.11	-1.06	-1.44	-0.91
Levered Free Cash Flow	308.33	116.92	-30.49	-246.27	-306.72	-188.83
Unlevered Free Cash Flow	308.6	117.19	-30.19	-246.01	-306.66	-188.8

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Cash Income Tax Paid	111.68	115.64	81.35	50.55	29.35	37.34
Change in Working Capital	-128.88	-128.88	-106.72	-208.43	-115.21	-67.52

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 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:

Jul 29, 2026

Data Sources Report a data error