Qinhuangdao Port Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	1,617	1,565	1,531	1,308	1,038	995.13
Depreciation & Amortization	1,276	1,276	1,344	1,238	1,242	1,246
Other Amortization	22.43	22.43	0.84	29.46	28.12	5.3
Loss (Gain) From Sale of Assets	-82.32	-82.32	-8.85	4.76	-0.78	3.69
Asset Writedown & Restructuring Costs	-	-	4.01	28.65	20.32	20.35
Loss (Gain) From Sale of Investments	-421.2	-421.2	-311.5	-235.23	-186.11	-142.36
Provision & Write-off of Bad Debts	0.62	0.62	1.13	2.73	-0.92	-4.48
Other Operating Activities	-253.99	71.26	208.3	272.56	247.74	186.34
Change in Accounts Receivable	-201.01	-201.01	-140.86	-150.85	-60.5	-84.51
Change in Inventory	0.3	0.3	-20.82	33.91	-18.72	18.85
Change in Accounts Payable	199.46	199.46	-249.56	-236.58	151.07	267.1
Change in Other Net Operating Assets	-59.33	-59.33	-38.31	168.34	58.16	31
Operating Cash Flow	2,142	2,415	2,394	2,434	2,506	2,556
Operating Cash Flow Growth	0.44%	0.89%	-1.66%	-2.85%	-1.96%	4.19%
Capital Expenditures	-872.98	-1,049	-1,061	-709.94	-1,327	-1,210
Sale of Property, Plant & Equipment	4.81	192.06	12.03	4.05	8.48	14.37
Divestitures	50.71	50.71	10.71	-	-	-
Investment in Securities	1,646	-190.83	-1,769	32.19	-668.83	-718.57
Other Investing Activities	371.31	207.09	67.4	209.03	127.09	149.51
Investing Cash Flow	1,200	-789.92	-2,739	-464.68	-1,861	-1,764
Long-Term Debt Issued	-	680	2,001	670	1,318	1,483
Long-Term Debt Repaid	-	-1,608	-2,778	-1,144	-898.48	-1,383
Net Debt Issued (Repaid)	-1,272	-927.86	-777.06	-474.22	419.52	100.13
Common Dividends Paid	-605.44	-639.94	-634.58	-613.06	-675.74	-816.52
Other Financing Activities	0.84	-	-	-	-8.54	-7.96
Financing Cash Flow	-1,877	-1,568	-1,412	-1,087	-264.77	-724.35
Foreign Exchange Rate Adjustments	0.26	0.63	0.54	4.76	-1.32	-2.42
Net Cash Flow	1,465	58.06	-1,757	887.11	379.11	64.58
Free Cash Flow	1,269	1,366	1,333	1,724	1,178	1,346
Free Cash Flow Growth	54.40%	2.51%	-22.71%	46.32%	-12.45%	-7.74%
Free Cash Flow Margin	18.10%	19.90%	18.89%	24.92%	17.87%	20.85%
Free Cash Flow Per Share	0.23	0.24	0.24	0.30	0.21	0.24
Cash Income Tax Paid	513.05	503.45	585.03	530.87	664.14	786.19
Levered Free Cash Flow	1,214	1,113	822.75	896.18	1,194	1,237
Unlevered Free Cash Flow	1,291	1,220	970.44	1,043	1,367	1,429
Change in Working Capital	-16.1	-16.1	-375.47	-214.68	116.76	245.9

Source: S&P Global Market Intelligence. Standard template. Financial Sources.