Tianjin Capital Environmental Protection Group Company Limited (HKG:1065)

HKG:1065 Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	831.52	807.21	865.21	751.25	693.19	570.04
Depreciation & Amortization	755.29	755.29	659.81	598.24	630.29	573.22
Other Amortization	1.69	1.69	-	-	-	-
Loss (Gain) From Sale of Assets	-	-	-0.02	2.56	0.02	-0.07
Asset Writedown & Restructuring Costs	150.68	150.68	169.79	106.46	152.51	34.85
Loss (Gain) From Sale of Investments	-1.55	-1.55	4.26	3.6	-	-
Provision & Write-off of Bad Debts	91.09	91.09	75.5	54.71	-5.06	88.34
Other Operating Activities	188.75	430.43	419.58	451.63	335.5	297.63
Change in Accounts Receivable	-537.41	-537.41	-982.05	-959.97	-1,019	-942.04
Change in Inventory	-4.85	-4.85	-4.54	-9.32	-2.57	-2.66
Change in Accounts Payable	-269.6	-269.6	-192.03	-65.37	147.29	-53.35
Operating Cash Flow	1,165	1,382	992.02	912.05	936.81	532.44
Operating Cash Flow Growth	28.18%	39.31%	8.77%	-2.64%	75.95%	-39.83%
Capital Expenditures	-825.42	-686.44	-1,666	-666.86	-838.67	-1,543
Sale of Property, Plant & Equipment	0.18	0.2	0.69	0.37	4.21	0.62
Cash Acquisitions	-	-	-	-	-673.02	-
Investment in Securities	-	-8.89	-	-	-	-
Other Investing Activities	-144.18	-50.23	22.54	-18.2	-39.94	2.32
Investing Cash Flow	-969.41	-745.37	-1,643	-684.69	-1,547	-1,540
Short-Term Debt Issued	-	0.5	1	-	-	-
Long-Term Debt Issued	-	3,145	2,557	2,589	6,065	2,700
Total Debt Issued	3,249	3,146	2,558	2,589	6,065	2,700
Long-Term Debt Repaid	-	-2,982	-1,917	-1,895	-4,453	-1,689
Net Debt Issued (Repaid)	168.11	163.9	641.18	694	1,612	1,011
Issuance of Common Stock	-	-	-	813.89	-	-
Common Dividends Paid	-634.23	-653.88	-602.14	-580.38	-530.48	-401.61
Other Financing Activities	-75.95	-52.52	-4.93	-60.09	-29.89	-15.14
Financing Cash Flow	-542.07	-542.51	34.11	867.43	1,052	594.29
Net Cash Flow	-346.83	94.14	-616.98	1,095	440.9	-413.64
Free Cash Flow	339.23	695.57	-674.32	245.19	98.14	-1,011
Free Cash Flow Growth	-	-	-	149.84%	-	-
Free Cash Flow Margin	6.94%	14.41%	-14.46%	5.42%	2.16%	-30.05%
Free Cash Flow Per Share	0.22	0.44	-0.43	0.17	0.07	-0.71
Cash Income Tax Paid	406.19	314.94	279.67	235.2	240.73	172.79
Levered Free Cash Flow	269.81	433.2	-681.56	-28.91	-116.72	-560.44
Unlevered Free Cash Flow	474.22	671.77	-437.28	223	95.42	-390.42
Change in Working Capital	-852.81	-852.81	-1,202	-1,056	-869.64	-1,032

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