Waterdrop Inc. (WDH)
NYSE: WDH · Real-Time Price · USD
1.000
0.00 (0.00%)
At close: Aug 21, 2026, 4:00 PM EDT
0.9970
-0.0030 (-0.30%)
After-hours: Aug 21, 2026, 7:51 PM EDT
Waterdrop Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 568.94 | 367.51 | 167.22 | 607.72 | -1,574 |
Depreciation & Amortization | 13.91 | 11.57 | 13.56 | 22.98 | 18.09 |
Loss (Gain) From Sale of Assets | 0.38 | 0.66 | 3.73 | 1.38 | 0.8 |
Asset Writedown & Restructuring Costs | - | 24.27 | 3.12 | 0.37 | 40.5 |
Stock-Based Compensation | 51.77 | 86.87 | 133.87 | 112.03 | 226.16 |
Provision & Write-off of Bad Debts | 18.04 | 12.62 | 9.64 | 23.5 | - |
Other Operating Activities | -13.17 | -41.29 | -27.72 | -7.94 | - |
Change in Accounts Receivable | -891.52 | -101.29 | -79.63 | -3 | 151 |
Change in Unearned Revenue | - | - | - | -0.8 | -21.21 |
Change in Other Net Operating Assets | 517.88 | 68.28 | 184.87 | -12.36 | 287.05 |
Operating Cash Flow | 243.92 | 437.25 | 406.52 | 765.71 | -1,097 |
Operating Cash Flow Growth | -44.21% | 7.56% | -46.91% | - | - |
Investing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -29.63 | -218.42 | -13.52 | -11.88 | -35.66 |
Sale of Property, Plant & Equipment | 0.11 | 0.16 | 0.23 | 0.9 | 0.03 |
Cash Acquisitions | -17 | - | -195.91 | - | 0.77 |
Divestitures | 0.12 | - | -1.29 | - | - |
Sale (Purchase) of Intangibles | - | - | - | - | -0.82 |
Investment in Securities | -250.89 | 437.93 | -962.47 | -128.84 | -811.22 |
Other Investing Activities | 72.54 | 71.96 | - | - | - |
Investing Cash Flow | -224.74 | 291.64 | -1,173 | -139.82 | -846.9 |
Financing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | 110 | 246.94 | 167.2 | - | - |
Total Debt Issued | 110 | 246.94 | 167.2 | - | - |
Short-Term Debt Repaid | -261.55 | -187.1 | -30.1 | - | - |
Long-Term Debt Repaid | - | - | -0.02 | -0.16 | -0.19 |
Total Debt Repaid | -261.55 | -187.1 | -30.12 | -0.16 | -0.19 |
Net Debt Issued (Repaid) | -151.55 | 59.85 | 137.08 | -0.16 | -0.19 |
Issuance of Common Stock | 6.43 | 7.23 | 11.71 | 9.73 | 2,136 |
Repurchase of Common Stock | -91.23 | -106.98 | -526.03 | -67.02 | -16.55 |
Common Dividends Paid | -130.41 | - | - | - | - |
Other Financing Activities | -7.17 | - | - | - | - |
Financing Cash Flow | -373.93 | -198.58 | -377.24 | -57.46 | 2,120 |
Net Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -20.71 | 2.58 | 26.17 | 37.72 | -14.09 |
Net Cash Flow | -375.46 | 532.89 | -1,118 | 606.15 | 162.03 |
Free Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 214.29 | 218.84 | 392.99 | 753.82 | -1,132 |
Free Cash Flow Growth | -2.08% | -44.32% | -47.87% | - | - |
Free Cash Flow Margin | 5.39% | 7.90% | 14.94% | 26.91% | -35.32% |
Free Cash Flow Per Share | 0.58 | 0.59 | 1.01 | 1.87 | -3.79 |
Levered Free Cash Flow | -77.58 | 25.23 | 169.55 | 604.22 | -954.55 |
Unlevered Free Cash Flow | -77.58 | 25.23 | 169.55 | 604.22 | -954.55 |
Additional Metrics
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 0.28 | 1.88 | 0.24 | - | - |
Cash Income Tax Paid | 0.36 | 1.99 | 1.28 | 1.7 | 2.53 |
Change in Working Capital | -395.94 | -24.97 | 103.1 | 5.67 | 191.87 |