China Tower Corporation Limited (HKG:0788)
Hong Kong · Delayed Price · Currency is HKD 9.01
-0.15 (-1.58%)
Nov 4, 2026, 4:08 PM HKT
China Tower Corporation 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 | Sep '26 Sep 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 | 13,739 | 11,630 | 10,729 | 9,750 | 8,787 | 7,329 |
Depreciation & Amortization | 48,454 | 48,454 | 50,229 | 49,049 | 49,532 | 49,837 |
Other Amortization | - | - | - | - | - | 145 |
Asset Writedown & Restructuring Costs | -173 | -173 | -526 | 396 | 1,448 | 868 |
Loss (Gain) on Equity Investments | - | - | - | - | - | 1 |
Stock-Based Compensation | - | - | - | - | - | -285 |
Provision & Write-off of Bad Debts | 1,991 | 1,991 | 1,445 | 869 | 636 | 455 |
Other Operating Activities | -20,254 | 2,088 | 2,422 | 2,553 | 2,996 | 3,412 |
Change in Accounts Receivable | -9,371 | -9,371 | -17,377 | -30,293 | -8,066 | -3,536 |
Change in Accounts Payable | 1,615 | 1,615 | 1,721 | 988 | 612 | 1,176 |
Change in Other Net Operating Assets | -118 | -118 | 825 | -472 | 9,189 | 1,101 |
Operating Cash Flow | 35,884 | 56,116 | 49,468 | 32,840 | 65,134 | 60,503 |
Operating Cash Flow Growth | - | 13.44% | 50.63% | -49.58% | 7.65% | 5.13% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | -26,278 | -30,510 | -29,783 | -33,464 | -28,639 | -32,513 |
Sale of Property, Plant & Equipment | 1,442 | 1,212 | 1,810 | 1,573 | 1,005 | 1,160 |
Sale (Purchase) of Intangibles | -9 | -9 | -6 | -14 | -23 | -162 |
Investing Cash Flow | -24,845 | -29,307 | -27,979 | -31,905 | -27,657 | -31,515 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | - | 27,377 | 20,736 | 50,596 | 30,770 | 65,201 |
Total Debt Issued | 55,160 | 27,377 | 20,736 | 50,596 | 30,770 | 65,201 |
Short-Term Debt Repaid | - | - | - | - | - | -11,000 |
Long-Term Debt Repaid | - | -35,322 | -33,537 | -45,069 | -62,776 | -74,624 |
Lease Payments | -10,506 | -10,506 | -10,896 | -10,470 | -10,136 | -9,902 |
Total Debt Repaid | -51,040 | -35,322 | -33,537 | -45,069 | -62,776 | -85,624 |
Net Debt Issued (Repaid) | 4,119 | -7,945 | -12,801 | 5,527 | -32,006 | -20,423 |
Repurchase of Common Stock | - | - | - | -358 | -369 | -495 |
Common Dividends Paid | -7,932 | -7,700 | -8,442 | -5,653 | -4,618 | -3,934 |
Other Financing Activities | -234.85 | -1,445 | -1,602 | -1,612 | -1,832 | -2,708 |
Financing Cash Flow | -4,048 | -17,090 | -22,845 | -2,096 | -38,825 | -27,560 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | -13.38 | -5 | -1 | -1 | -6 | 1 |
Net Cash Flow | 6,978 | 9,714 | -1,357 | -1,162 | -1,354 | 1,429 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 9,606 | 25,606 | 19,685 | -624 | 36,495 | 27,990 |
Free Cash Flow Growth | - | 30.08% | - | - | 30.39% | 41.74% |
Free Cash Flow Margin | 9.79% | 25.50% | 20.13% | -0.66% | 39.59% | 32.33% |
Free Cash Flow Per Share | 0.55 | 1.47 | 1.13 | -0.04 | 2.09 | 1.60 |
Levered Free Cash Flow | 21,343 | 26,700 | 21,290 | -5,546 | 25,631 | 14,537 |
Unlevered Free Cash Flow | 22,893 | 28,229 | 22,940 | -3,779 | 27,508 | 16,877 |
Free Cash Flow After Leases | -900.1 | 15,100 | 8,789 | -11,094 | 26,359 | 18,088 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 1,445 | 1,445 | 1,602 | 1,612 | 1,832 | 2,708 |
Cash Income Tax Paid | 5,323 | 4,098 | 3,606 | 3,400 | 2,755 | 2,619 |
Change in Working Capital | -7,874 | -7,874 | -14,831 | -29,777 | 1,735 | -1,259 |