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China Merchants Land Limited (HKG:0978)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
0.2370
-0.0010 (-0.42%)
Aug 21, 2026, 3:58 PM HKT

China Merchants Land Cash Flow Statement

Millions CNY. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
-2,201-1,851133.41329.66560.57
Depreciation & Amortization
301.67211.37231.7225.44277.95
Loss (Gain) From Sale of Assets
2.590.05-0.05-56.680
Asset Writedown & Restructuring Costs
-160.21---
Loss (Gain) From Sale of Investments
24.21183.6236.42-10.61-10.94
Loss (Gain) on Equity Investments
1,076246.31-368.08-263.94-414.49
Provision & Write-off of Bad Debts
70.29335.152.559.06262.07
Other Operating Activities
740.38-42.371,3941,016358.52
Change in Accounts Receivable
123.69191.495,378213.61473.25
Change in Inventory
5,5619,1607,08111,378-16,284
Change in Accounts Payable
-572.82-5,899-4,961-5,9875,101
Change in Unearned Revenue
-6,3772,516-6,703-1,3473,569
Change in Other Net Operating Assets
184.931,336-2,777-409.28-6.3
Operating Cash Flow
-1,0676,548-551.795,149-6,113
Operating Cash Flow Growth
-----

Investing Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-2.26-1.42-14.77-27.75-12.52
Sale of Property, Plant & Equipment
0.020.090.340.230.2
Cash Acquisitions
1,064-26.56302.41-528.13
Divestitures
-11.18--398.85-
Sale (Purchase) of Real Estate
---0.23-2.32-96.82
Investment in Securities
19.8-434.05-2,294-861.811,351
Other Investing Activities
3,2681,054-2,346-6,082-2,768
Investing Cash Flow
4,338592.2-4,352-6,574-997.67

Financing Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
---4,2384,961
Long-Term Debt Issued
8,86522,95130,54029,96435,663
Total Debt Issued
8,86522,95130,54034,20240,623
Short-Term Debt Repaid
----1,442-2,828
Long-Term Debt Repaid
-13,721-24,947-27,925-32,143-22,906
Total Debt Repaid
-13,721-24,947-27,925-33,584-25,734
Net Debt Issued (Repaid)
-4,855-1,9962,616618.3114,889
Common Dividends Paid
--53.7-401.43-876.83-286.64
Other Financing Activities
367.45-1,286-1,880-1,504-2,782
Financing Cash Flow
-4,488-3,335334.31-1,76211,820

Net Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
-31.15-19.27-15.35105.35-5.02
Net Cash Flow
-1,2483,785-4,585-3,0834,704

Free Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
-1,0696,546-566.565,121-6,126
Free Cash Flow Growth
-----
Free Cash Flow Margin
-4.07%31.68%-1.97%17.14%-23.63%
Free Cash Flow Per Share
-0.221.33-0.121.04-1.25
Levered Free Cash Flow
8,5242,8652,56720,208-3,227
Unlevered Free Cash Flow
8,8183,2253,03020,601-2,795

Additional Metrics

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
1,3481,3001,5271,5181,240
Cash Income Tax Paid
1,3751,1811,6772,2653,433
Change in Working Capital
-1,0817,304-1,9823,849-7,147