Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow (FCF).

NNT Free Cash Flow Analysis

Free cash flow, a measure commonly used by analysts to assess a company's profitability, represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

The Free Cash Flow is calculated using a number of methods including using Operating Cash Flow. Following is the formula to calculate Free Cash Flow based on Operating Cash Flow.

Free Cash Flow = Operating Cash Flow - Capital Expenditures

Using above formula to calculate Free Cash Flow for 99 Technology Limited (NNT), the free cash flow value is 21.64M.

All amounts in CNY

Operating Cash
21.66M
Capital Expenditure
-22.55k
Free Cash Flow
21.64M

99 Technology Limited has a positive free cash flow as per the latest annual Cash flow statement released by the company. Positive free cash flow is cruscial for the financial health of a company, which can be used to pay dividends, expand operations, and deleverage its balance sheet (i.e., reduce debt).

NNT Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for 99 Technology Limited (ASX:NNT).

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Net Income31.56M13.12M-9.17M-17.04M
Depreciation11.27M10.56M5.4M5.67M
Change To Netincome29.82M8.6M11.23M-28.85M
Change To Account Receivables15.28M-62.19M-29.41M-142.18M
Change To Liabilities-67.78M64.29M44.41M107.44M
Change To Inventory171.7k773.71k5.23M4.29M
Change To Operating Activities-18.32k-118.8k8.89k4.96k
Total Cash From Operating Activities21.66M36.17M28.71M-69.57M
Capital Expenditures-22.55k-3.01M-417.06k-1.55M
Other Cashflows From Investing Activities50M33.6M22.8M-46.4M
Total Cashflows From Investing Activities49.83M28.79M21.72M-66.37M
Net Borrowings-36.38M-13.25M-24.05M142.91M
Other Cashflows From Financing Activities-15.64M-15.99M-11.81M-7.9M
Total Cash From Financing Activities-52.02M-29.24M-35.86M135.02M
Effect Of Exchange Rate-83.75k421.21k-119.44k-554.93k
Change In Cash19.38M36.14M14.45M-1.48M