HUTCHMED (China) Limited (HCM) quarterly cash flow statement — complete operating, investing & financing history
HUTCHMED (China) Limited (HCM) cash flow statement — 21-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 6.11M | 6.11M | 4.12M | 4.12M | -36.45M | -36.45M | 20.16M | 20.16M | -19.92M | -19.92M | -3.57M | -3.57M | 113.2M | 113.2M | -89.37M | -89.37M | -44.93M | -44.93M | -66.45M | -66.45M |
| Operating CF Margin % | 4.39% | 4.39% | 3.04% | 3.04% | -26.25% | -26.25% | 12.43% | 12.43% | -13.03% | -13.03% | -2.34% | -4.45% | 42.49% | 42.49% | -79.67% | -79.67% | -44.47% | -44.47% | -66.86% | -66.86% |
| Operating CF Growth % | 116.77% | 116.77% | -79.58% | -79.58% | -83% | -83% | 664.44% | 664.44% | -117.59% | -117.59% | 96% | 96% | 351.95% | 351.95% | -34.49% | -34.49% | 8.24% | -100.97% | -294.49% | -294.49% |
| Net Income | -7.96M | 7.96M | 977.5K | 977.5K | 227.48M | 227.48M | 5.96M | 5.96M | 12.9M | 12.9M | -33.89M | -33.89M | 84.28M | 84.28M | -98.99M | -98.99M | -81.43M | -81.43M | -46.13M | -46.13M |
| Depreciation & Amortization | -3.54M | 3.54M | 3.6M | 3.6M | 3.06M | 3.06M | 3.04M | 3.04M | 3.13M | 3.13M | 2.2M | 2.2M | 1.91M | 1.91M | 2.14M | 2.14M | 4.38M | 2.19M | 1.83M | 1.83M |
| Stock-Based Compensation | -2.48M | 2.48M | 3.8M | 3.8M | 3.85M | 3.85M | 5.15M | 5.15M | 5.66M | 5.66M | 11.4M | 11.4M | 6.89M | 6.89M | 7.6M | 7.6M | 7.69M | 7.69M | 11.82M | 11.82M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.37M | 7.37M | 8.25M | 8.25M | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 17.14M | -10.82M | -12.75M | -12.75M | -255.17M | -255.17M | 6.62M | 6.62M | -21.01M | -21.01M | -7.65M | -7.65M | 45.17M | 45.17M | -151.5K | -151.5K | 2.02M | 4.21M | -32.84M | -32.84M |
| Working Capital Changes | 2.95M | 2.95M | 8.5M | 8.5M | -15.65M | -15.65M | -613K | -613K | -20.59M | -20.59M | 24.36M | 24.36M | -32.42M | -32.42M | -8.22M | -8.22M | 22.41M | 22.41M | -1.13M | -1.13M |
| Change in Receivables | 4.6M | 4.6M | 10.13M | 10.13M | 4.3M | 4.3M | 667K | 667K | -19.94M | -19.94M | 5.01M | 5.01M | -15.67M | -15.67M | -10.42M | -10.42M | 3.2M | 3.2M | -12.35M | -12.35M |
| Change in Inventory | 111K | 111K | 3.72M | 3.72M | 1.05M | 1.05M | -2.2M | -2.2M | 1.82M | 1.82M | 660K | 660K | 1.41M | 1.41M | -5.43M | -5.43M | -5.18M | -5.18M | -5.17M | -5.17M |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.07M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -11.03M | 11.03M | -23.5M | -23.5M | 8.8M | 8.8M | -45.31M | -45.31M | -2.72M | -2.72M | 12.41M | 12.41M | -157.98M | -157.98M | 18.44M | 18.44M | 259.71M | 129.85M | 152.56M | -75.22M |
| Capital Expenditures | 2.81M | -2.81M | -2.44M | -2.44M | -4.63M | -4.63M | -3.91M | -3.91M | -5.05M | -5.05M | -4.13M | -4.13M | -12.18M | -12.18M | -10.46M | -10.46M | -15.75M | -7.88M | -3.74M | -3.74M |
| CapEx % of Revenue | 2.02% | 2.02% | 1.8% | 1.8% | 3.34% | 3.34% | 2.41% | 2.41% | 3.31% | 3.31% | 2.7% | 5.14% | 4.57% | 4.57% | 9.32% | 9.32% | 15.59% | 7.8% | 3.77% | 3.77% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.95M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -13.85M | 13.85M | -21.06M | -21.06M | 13.43M | 13.43M | -41.4M | -41.4M | -1.91M | 2.34M | 16.54M | 16.54M | -145.8M | -145.8M | -134.56M | 28.9M | 137.73M | 137.73M | -5.21M | -71.47M |
| Cash from Financing | 1.43M | -1.43M | -742.5K | -742.5K | 4.66M | 4.66M | 947.5K | 947.5K | -16.28M | -16.28M | 21.41M | 21.41M | 2.92M | 2.92M | -766.62M | -4.06M | -37.32M | -37.32M | 35.85M | 35.85M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -18.03M | -18.03M | 0 | 0 | -4.54M | -4.54M | 0 | 0 | -24.04M | -24.04M | -275.5K | -275.5K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -87.44M | 0 | 0 | 0 | -99.74M | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -18.03M | -18.03M | 0 | 0 | -4.54M | -4.54M | -1.78M | 0 | -24.04M | -24.04M | -275.5K | -275.5K |
| Other Financing | 1.43M | -1.43M | -742.5K | -742.5K | 4.66M | 4.66M | 947.5K | 947.5K | 1.75M | 1.75M | 21.41M | 21.41M | 7.45M | 7.45M | -679.19M | -4.06M | -13.28M | -13.28M | 135.87M | 36.12M |
| Net Change in Cash | 0 | 0 | 0 | -110.72M | 110.72M | -21.62M | 0 | -203.95M | 203.95M | -39.82M | 30.3M | 30.3M | -90.28M | -45.14M | -553.52M | -77.11M | 417.56M | 44.98M | 377.54M | -104.95M |
| Free Cash Flow | 3.3M | 3.3M | 1.68M | 1.68M | -41.08M | -41.08M | 16.25M | 16.25M | -24.97M | -24.97M | -7.7M | -7.7M | 101.02M | 101.02M | -99.83M | -99.83M | -105.61M | -52.81M | -70.2M | -70.2M |
| FCF Margin % | 2.37% | 2.37% | 1.24% | 1.24% | -29.59% | -29.59% | 10.02% | 10.02% | -16.34% | -16.34% | -5.05% | -9.59% | 37.92% | 37.92% | -88.99% | -88.99% | -104.54% | -52.27% | -70.63% | -70.63% |
| FCF Growth % | 108.02% | 108.02% | -89.68% | -89.68% | -64.52% | -64.52% | 311.09% | 311.09% | -124.72% | -124.72% | 92.29% | 92.29% | 195.65% | 291.31% | -42.21% | -42.21% | -103.81% | -83.56% | -273.57% | -273.57% |
| FCF per Share | 0.02 | 0.02 | 0.01 | 0.01 | -0.24 | -0.24 | 0.09 | 0.09 | -0.14 | -0.14 | -0.05 | -0.05 | 0.58 | 0.58 | -0.59 | -0.59 | -0.62 | -0.31 | -0.41 | -0.41 |
| FCF Conversion (FCF/Net Income) | 0.77x | 0.77x | 4.21x | 4.21x | -0.16x | -0.16x | 3.38x | 3.38x | -1.54x | -1.54x | 0.11x | 0.11x | 1.34x | 1.34x | 0.90x | 0.90x | 0.28x | 0.55x | 2.50x | 1.44x |
| Interest Paid | 0 | 0 | 1.26M | 1.26M | 0 | 0 | 1.25M | 1.25M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |