Shui On Land Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	180	810	906	1,636
Depreciation & Amortization	90	119	124	135
Loss (Gain) From Sale of Assets	-954	-	-	1
Asset Writedown & Restructuring Costs	207	-32	114	-35
Loss (Gain) on Equity Investments	-217	-781	151	-620
Provision & Write-off of Bad Debts	287	1	80	49
Other Operating Activities	3,407	1,693	1,646	3,408
Change in Accounts Receivable	2,380	-1,479	392	416
Change in Inventory	-494	3,493	8,046	5,987
Change in Accounts Payable	-446	-1,059	-2,111	1,059
Change in Unearned Revenue	-4,004	-1,411	-5,640	-1,851
Change in Income Taxes	79	5	-3	13
Change in Other Net Operating Assets	89	-245	341	-39
Operating Cash Flow	604	1,114	4,046	10,159
Operating Cash Flow Growth	-45.78%	-72.47%	-60.17%	5.96%
Sale (Purchase) of Real Estate	-25	-154	-647	-124
Investment in Securities	2,109	-1,337	-2,540	-2,533
Other Investing Activities	484	138	221	1,242
Investing Cash Flow	2,568	-1,353	-2,966	-1,415
Short-Term Debt Issued	86	87	3,050	2,250
Long-Term Debt Issued	9,262	13,233	5,308	8,649
Total Debt Issued	9,348	13,320	8,358	10,899
Short-Term Debt Repaid	-155	-219	-138	-32
Long-Term Debt Repaid	-10,884	-14,371	-6,119	-13,093
Total Debt Repaid	-11,039	-14,590	-6,257	-13,125
Net Debt Issued (Repaid)	-1,691	-1,270	2,101	-2,226
Repurchase of Common Stock	-	-	-26	-
Common Dividends Paid	-423	-701	-830	-241
Other Financing Activities	-1,798	-3,134	-8,559	-3,425
Financing Cash Flow	-3,912	-5,105	-7,314	-5,892
Foreign Exchange Rate Adjustments	-116	-22	126	-51
Net Cash Flow	-856	-5,366	-6,108	2,801
Free Cash Flow	604	1,114	4,046	10,159
Free Cash Flow Growth	-45.78%	-72.47%	-60.17%	5.96%
Free Cash Flow Margin	7.39%	11.42%	25.99%	57.87%
Free Cash Flow Per Share	0.07	0.14	0.50	1.26
Cash Interest Paid	2,119	2,220	1,739	1,769
Cash Income Tax Paid	1,294	2,067	2,677	1,616
Levered Free Cash Flow	-1,902	-5,854	-3,523	10,060
Unlevered Free Cash Flow	-749.13	-4,558	-2,511	10,774
Change in Working Capital	-2,396	-696	1,025	5,585

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.