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).

2382 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 Sunny Optical Technology (Group) Company Limited (2382), the free cash flow value is 4.452982B.

All amounts in CNY

Operating Cash
6.98B
Capital Expenditure
-2.53B
Free Cash Flow
4.452982B

Sunny Optical Technology (Group) Company 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).

2382 Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Sunny Optical Technology (Group) Company Limited (HKEX:2382).

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income4.99B4.87B3.99B2.49B
Depreciation1.76B1.63B1.28B819.4M
Change To Netincome7.76M544.82M868.95M455.64M
Change To Account Receivables833.62M1.45B-3.39B-620.03M
Change To Liabilities-778.63M-455M4.12B932.42M
Change To Inventory168.84M-882.78M-2.21B-519.92M
Change To Operating Activities-389k-502k1.55M4.67M
Total Cash From Operating Activities6.98B7.16B4.66B3.57B
Capital Expenditures-2.53B-2.68B-3.07B-2.49B
Investments-685.42M-3.49B-837.51M-3.1B
Other Cashflows From Investing Activities314.29M250.64M444.59M161.79M
Total Cashflows From Investing Activities-2.9B-5.98B-3.56B-5.5B
Dividends Paid-987.04M-796.46M-621.16M-725.12M
Net Borrowings154.3M971.68M-428.76M3.92B
Other Cashflows From Financing Activities-196.49M-246.08M-221.17M-151.4M
Total Cash From Financing Activities-1.24B-222.25M-1.44B2.96B
Effect Of Exchange Rate-72.65M-37.04M-1.56M2.04M
Change In Cash2.76B924.53M-337.06M1.03B
Repurchase Of Stock-212.18M-151.4M-170.25M-89.32M