Shandong Hi-Speed Holdings Group Limited (HKG:0412)
Hong Kong · Delayed Price · Currency is HKD 0.4500
-0.0050 (-1.10%)
Oct 20, 2026, 4:08 PM HKT
HKG:0412 Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -252.46 | 370.11 | 794.54 | 550.09 | -149.55 | 24.77 |
Depreciation & Amortization | 1,896 | 1,884 | 1,897 | 1,730 | 912.74 | 16.77 |
Other Amortization | 3.51 | 3.51 | 3.2 | 2.77 | 2.49 | 1.71 |
Loss (Gain) From Sale of Assets | 4.93 | 4.93 | 1.46 | 11.53 | -3.56 | -139.42 |
Asset Writedown & Restructuring Costs | 30 | 30 | 3.61 | 24.49 | 442.64 | 24.64 |
Loss (Gain) From Sale of Investments | 724.3 | 724.3 | -173.27 | 275.17 | 272.37 | -182.7 |
Loss (Gain) on Equity Investments | -126.41 | -126.41 | -39.12 | 127.96 | -21.91 | -9.19 |
Provision & Write-off of Bad Debts | 140.38 | 140.38 | -36.58 | -73.71 | -208.27 | 23.36 |
Other Operating Activities | 1,992 | 1,297 | 1,768 | 114.57 | 368.61 | 244.06 |
Change in Accounts Receivable | 447.04 | 447.04 | -468.01 | 219.32 | 722.44 | -155.06 |
Change in Inventory | 10.99 | 10.99 | 20.27 | 18.98 | -40.51 | - |
Change in Accounts Payable | 213.11 | 117.57 | -461.01 | -1,236 | -1,210 | - |
Change in Other Net Operating Assets | 2,168 | 43.16 | -574.43 | -700.65 | 1,704 | -640.99 |
Operating Cash Flow | 6,132 | 3,917 | 2,690 | 2,998 | 5,450 | -388.3 |
Operating Cash Flow Growth | 150.85% | 45.61% | -10.27% | -44.98% | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -2,194 | -1,673 | -1,127 | -1,299 | -724.16 | -44.13 |
Sale of Property, Plant & Equipment | - | - | - | 4.02 | 7.41 | 0.05 |
Cash Acquisitions | - | - | - | -382.83 | 978.87 | 6.27 |
Divestitures | - | - | - | - | -46.46 | -123.91 |
Sale (Purchase) of Intangibles | -1 | -1.86 | -10.98 | -7.13 | -2.59 | -1.83 |
Investment in Securities | 81.66 | 94.24 | -431.69 | -2,168 | 358.21 | -1,071 |
Other Investing Activities | 298.7 | 307.43 | -152.97 | -250.62 | -333.51 | 81.53 |
Investing Cash Flow | -1,759 | -1,108 | -1,693 | -4,062 | 411.2 | -1,153 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 20,139 | 18,254 | 17,022 | 19,542 | 7,902 |
Total Debt Issued | 16,500 | 20,139 | 18,254 | 17,022 | 19,542 | 7,902 |
Long-Term Debt Repaid | - | -19,615 | -19,060 | -16,441 | -20,915 | -8,704 |
Lease Payments | -513.35 | -672.14 | -1,972 | -1,305 | -1,339 | -12.6 |
Total Debt Repaid | -16,002 | -19,615 | -19,060 | -16,441 | -20,915 | -8,704 |
Net Debt Issued (Repaid) | 498.41 | 524.55 | -806.13 | 581.48 | -1,373 | -802.64 |
Issuance of Common Stock | - | - | 6,092 | - | - | - |
Repurchase of Common Stock | -20.69 | -20.69 | -6,272 | - | -8.58 | - |
Common Dividends Paid | -415.84 | -415.84 | -485.88 | -269.22 | -267.71 | -244.73 |
Other Financing Activities | -1,560 | -1,905 | -501.71 | 2,045 | -1,451 | -396.69 |
Financing Cash Flow | -1,499 | -1,817 | -1,974 | 2,358 | -3,100 | -1,444 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -12.21 | -79.8 | 82.73 | 18.02 | -55.46 | -37.96 |
Net Cash Flow | 2,863 | 912.98 | -893.65 | 1,312 | 2,705 | -3,024 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 3,938 | 2,244 | 1,563 | 1,700 | 4,725 | -432.43 |
Free Cash Flow Growth | 216.55% | 43.55% | -8.03% | -64.03% | - | - |
Free Cash Flow Margin | 76.28% | 44.64% | 28.01% | 34.01% | 127.39% | -49.81% |
Free Cash Flow Per Share | 0.66 | 0.37 | 0.26 | 0.28 | 0.79 | -0.07 |
Levered Free Cash Flow | 3,120 | 1,206 | 798.89 | -1,091 | -5,250 | -526.79 |
Unlevered Free Cash Flow | 4,114 | 2,287 | 1,919 | 77.23 | -4,349 | -389.52 |
Free Cash Flow After Leases | 3,425 | 1,572 | -408.6 | 395.18 | 3,387 | -445.02 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 1,516 | 1,793 | 1,829 | 1,966 | 1,514 | 396.69 |
Cash Income Tax Paid | 204.77 | 204.77 | 268.41 | 234.43 | 59.85 | 1.41 |
Change in Working Capital | 1,814 | -316.43 | -1,489 | 133.16 | 3,775 | -685.49 |