Qingmu Tec Co., Ltd. (SHE:301110)

Qingmu Tec 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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Net Income	159.24	123.04	90.54	52.08	65.88	147.72
Depreciation & Amortization	34.51	36.93	32.83	33.33	29.47	18.29
Other Amortization	10.29	14.01	8.11	6.44	4.49	2.96
Loss (Gain) From Sale of Assets	-0.21	-0.68	-0.83	0.24	-0.09	-
Asset Writedown & Restructuring Costs	-5.42	1.03	2.45	20.23	-	0
Loss (Gain) From Sale of Investments	-23.01	-10.59	-24.2	-23.14	-12.6	-0.05
Provision & Write-off of Bad Debts	3.09	3.09	-3.33	3.45	-1.21	3.76
Other Operating Activities	1.09	1.22	5.1	-1.17	13.02	8.31
Change in Accounts Receivable	-108.7	-98.17	0.8	-104.44	52.06	-113.46
Change in Inventory	-34.82	-10.4	-3.86	34.57	-84.42	-2.99
Change in Accounts Payable	101.25	68.98	67.85	16.16	34.54	4.91
Change in Other Net Operating Assets	2.83	2.83	0.22	0.73	0.89	1.25
Operating Cash Flow	140.56	130.13	180.25	33.9	101.93	71.2
Operating Cash Flow Growth	50.46%	-27.80%	431.70%	-66.74%	43.17%	47.30%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Capital Expenditures	-33.3	-103.96	-150.4	-83.38	-17.83	-24.51
Sale of Property, Plant & Equipment	0.19	0.58	0.58	0.03	0.1	-
Cash Acquisitions	-	-	0.1	3.19	-	-
Investment in Securities	10	10	150	-73.25	-415.68	-11
Other Investing Activities	-80.12	5.45	10.12	11.61	7.14	-
Investing Cash Flow	-103.23	-87.92	10.4	-141.8	-426.27	-35.51

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Short-Term Debt Issued	-	35.85	7.44	-	37.91	51.81
Total Debt Issued	19	35.85	7.44	-	37.91	51.81
Short-Term Debt Repaid	-	-7.65	-	-16.88	-59.91	-32.85
Long-Term Debt Repaid	-	-25.77	-30.11	-33.64	-17.83	-16.42
Lease Payments	-25.77	-25.77	-30.11	-33.64	-17.83	-16.42
Total Debt Repaid	-47.61	-33.42	-30.11	-50.53	-77.73	-49.27
Net Debt Issued (Repaid)	-28.61	2.43	-22.67	-50.53	-39.83	2.54
Issuance of Common Stock	-	-	-	-	968.1	-
Repurchase of Common Stock	-	-	-20.06	-	-	-
Common Dividends Paid	-37.81	-37.6	-76.83	-40.12	-40.77	-1.5
Other Financing Activities	2.68	19.18	1.86	-1	-12.83	0.55
Financing Cash Flow	-63.74	-15.99	-117.7	-91.65	874.67	1.59

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Foreign Exchange Rate Adjustments	-5.69	-2.72	-0.11	-0.98	-1.69	-0.5
Net Cash Flow	-32.1	23.5	72.83	-200.53	548.65	36.78

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Free Cash Flow	107.26	26.18	29.85	-49.48	84.1	46.69
Free Cash Flow Growth	-	-12.30%	-	-	80.14%	18.71%
Free Cash Flow Margin	7.27%	1.85%	2.59%	-5.11%	9.93%	5.31%
Free Cash Flow Per Share	0.83	0.20	0.23	-0.38	0.68	0.48
Levered Free Cash Flow	24.84	-77.6	51.72	-51.56	55.89	6.12
Unlevered Free Cash Flow	27.47	-74.97	52.75	-50.19	57.78	7.06
Free Cash Flow After Leases	81.49	0.41	-0.26	-83.12	66.28	30.27

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Cash Income Tax Paid	86	60.93	48.31	38.78	43.67	61.43
Change in Working Capital	-39.01	-37.92	69.58	-57.57	2.96	-109.8

Data Source: S&P Global Market Intelligence Last updated: Aug 27, 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:

Sep 15, 2026

Data Sources Report a data error