Baozun Inc. (BZUN)

Baozun Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-199.58	-138.38	-222.78	-610.37	-205.96
Depreciation & Amortization	221.74	244.85	251.63	196.54	206.94
Stock-Based Compensation	19.93	76.26	103.45	142.38	196.55
Other Adjustments	415.46	177.01	214.85	713.22	359.71
Change in Receivables	-328.65	181.56	226.89	-42.37	-98.6
Changes in Inventories	91.3	-222.5	-33.81	-31.03	-137.04
Changes in Accounts Payable	-257.92	11.67	-114.72	15.68	68.09
Changes in Accrued Expenses	384.2	-94.28	13.97	89.57	-254.58
Changes in Income Taxes Payable	8.95	12.19	-27.38	-81.16	-26.69
Changes in Other Operating Activities	65	-147.11	36.15	-9.85	-204.51
Operating Cash Flow	420.43	101.28	448.26	382.61	-96.11
Operating Cash Flow Growth	315.13%	-77.41%	17.16%	-	-
Capital Expenditures	-106.54	-132.11	-165.01	-206.96	-285.59
Purchases of Intangible Assets	-47.3	-76.16	-65.2	-52.29	-67.19
Purchases of Investments	-1,809	-1,125	-992.95	-971.02	-1,443
Proceeds from Sale of Investments	1,098	582.47	1,017	18.6	2,388
Payments for Business Acquisitions	-	-62.95	-104.62	-77.74	-208.43
Proceeds from Business Divestments	-2.99	-	-	-1.9	-
Other Investing Activities	-30	-3.54	-29.38	-15.36	-8.8
Investing Cash Flow	-898.59	-817.61	-340.37	-1,307	375.82
Short-Term Debt Issued	2,241	1,970	1,821	1,843	548.46
Short-Term Debt Repaid	-2,261	-1,865	-1,721	-1,376	-
Net Short-Term Debt Issued (Repaid)	-19.62	105.24	99.65	467.61	548.46
Long-Term Debt Repaid	-	-	-	-1,760	-
Net Long-Term Debt Issued (Repaid)	-	-	-	-1,760	-
Issuance of Common Stock	0	0.16	0	0	0.05
Repurchase of Common Stock	-10.22	-95.5	-	-446.64	-1,060
Net Common Stock Issued (Repurchased)	-10.21	-95.34	0	-446.63	-1,060
Other Financing Activities	-77.65	-29.64	-107.68	88.59	1,262
Financing Cash Flow	-107.49	-19.74	-8.03	-1,650	749.95
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-10.38	28.08	6.72	120.42	-60.92
Net Cash Flow	-585.64	-736.07	99.85	-2,574	1,030
Free Cash Flow	313.89	-30.83	283.25	175.65	-381.69
Free Cash Flow Growth	-	-	61.26%	-	-
FCF Margin	3.16%	-0.33%	3.21%	2.09%	-4.06%
Free Cash Flow Per Share	5.43	-0.51	4.76	2.88	-5.29
Levered Free Cash Flow	145.01	-407.24	-217.93	-1,973	-304.75
Unlevered Free Cash Flow	466.08	-467.72	-256.96	7.6	-623.84

Updated Mar 25, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q