Spring Real Estate Investment Trust (HKG:1426)
Hong Kong · Delayed Price · Currency is HKD 1.600
+0.110 (7.38%)
Sep 30, 2026, 3:58 PM HKT
HKG:1426 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 | -386.31 | -180.24 | -46.63 | -77.54 | 28.35 | 509.95 |
Gain (Loss) on Sale of Assets | - | -2.91 | - | - | - | -0.15 |
Asset Writedown | 539.86 | 184.59 | 158.47 | 132.02 | -268.42 | -128.73 |
Stock-Based Compensation | 34.27 | 35.62 | 37.72 | 38.61 | 34.5 | 31.01 |
Change in Accounts Receivable | 9.71 | 8.79 | -1.75 | 2.9 | 10.73 | -26.13 |
Change in Accounts Payable | 24.41 | 20.2 | -27.4 | -3.32 | -27 | 9.69 |
Change in Other Net Operating Assets | 7.08 | -7.15 | -16.06 | 6.98 | 0.88 | 2.66 |
Other Operating Activities | 166.67 | 344.16 | 298.11 | 384.17 | 610.86 | -50.86 |
Operating Cash Flow | 395.7 | 403.08 | 402.45 | 483.82 | 389.9 | 347.45 |
Operating Cash Flow Growth | 2.29% | 0.15% | -16.82% | 24.09% | 12.22% | 0.53% |
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 |
Acquisition of Real Estate Assets | -8.36 | -9.75 | -9.68 | -27.61 | -18.32 | -2.91 |
Sale of Real Estate Assets | -222.26 | - | - | - | - | 1.79 |
Net Sale / Acq. of Real Estate Assets | -230.62 | -9.75 | -9.68 | -27.61 | -18.32 | -1.12 |
Cash Acquisition | - | - | - | - | -739.73 | - |
Investing Cash Flow | -6.87 | 214 | -9.68 | -27.61 | -758.05 | -1.12 |
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 | - | 4,109 | 145.14 | 203.72 | 3,710 | - |
Long-Term Debt Repaid | - | -4,170 | -68.92 | -92.11 | -2,901 | -3.15 |
Lease Payments | -0 | -0.32 | -1.16 | -1.2 | -0.95 | -1.01 |
Net Debt Issued (Repaid) | -94.86 | -61.86 | 76.22 | 111.61 | 809.48 | -3.15 |
Repurchase of Common Stock | -14.06 | -6.43 | -4.83 | -140.06 | -4.74 | -4.36 |
Common Dividends Paid | -158.15 | -216.18 | -273.02 | -268.96 | -289.7 | -259.48 |
Other Financing Activities | -300 | -296.59 | -146.93 | -146.44 | -139.03 | -71.84 |
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 | -15.49 | -15.36 | 3.8 | 8.09 | 38.53 | -5.88 |
Net Cash Flow | -193.73 | 20.66 | 48.02 | 20.46 | 46.39 | 1.61 |
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 |
Levered Free Cash Flow | 25.09 | 230.71 | -104.96 | 196.75 | 138.7 | 192.4 |
Unlevered Free Cash Flow | 171.19 | 399.1 | 95.9 | 377.83 | 242.89 | 214.7 |
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 | 203.22 | 181.82 | 195.56 | 181.19 | 110.18 | 62.18 |
Cash Income Tax Paid | 18.17 | 21.61 | 25.92 | 21.32 | 7.49 | 3.28 |
Change in Working Capital | 41.2 | 21.85 | -45.21 | 6.56 | -15.39 | -13.78 |