Chengdu Expressway Co., Ltd. (HKG:1785)
Hong Kong · Delayed Price · Currency is HKD 2.000
-0.025 (-1.23%)
Sep 11, 2026, 11:13 AM HKT
Chengdu Expressway 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 | 548.06 | 552.39 | 519.52 | 618.77 | 490.15 | 614.65 |
Depreciation & Amortization | 506.18 | 366.65 | 384.63 | 385.78 | 318.89 | 328.26 |
Other Amortization | 3.34 | 3.34 | 1.72 | 1.05 | 1.45 | 16.39 |
Loss (Gain) From Sale of Assets | -0.14 | -0.14 | 0.18 | -3.79 | -0.36 | -35.67 |
Asset Writedown & Restructuring Costs | 15.52 | 15.52 | 0.04 | 0.06 | -26.47 | 0.18 |
Provision & Write-off of Bad Debts | 4.98 | 4.98 | 1.65 | -12.66 | - | 2.03 |
Other Operating Activities | 103.98 | 126.95 | 105.6 | 111.41 | 151.06 | 143.39 |
Change in Accounts Receivable | -338.84 | -338.84 | -47.6 | -42.63 | -32.21 | -145.94 |
Change in Inventory | 4.6 | 4.6 | -4.08 | -3.35 | 28.81 | 8.42 |
Change in Accounts Payable | -66.34 | -66.34 | -150.96 | 62.97 | -89.41 | -112.03 |
Change in Unearned Revenue | 16.99 | 16.99 | -7.46 | - | - | - |
Change in Other Net Operating Assets | 14.16 | 14.16 | 0.95 | -4.01 | 1.31 | 5.15 |
Operating Cash Flow | 845.37 | 733.15 | 806.01 | 1,115 | 850.37 | 828.49 |
Operating Cash Flow Growth | 36.75% | -9.04% | -27.69% | 31.07% | 2.64% | -20.65% |
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 | -1,590 | -1,146 | -502.23 | -126.93 | -189.03 | -126.28 |
Sale of Property, Plant & Equipment | 0.92 | 1.31 | 0.06 | 0.03 | 0.15 | 14.82 |
Investment in Securities | -40.22 | -40.06 | -20 | 12 | -116.87 | -17.38 |
Other Investing Activities | -284.96 | -446.21 | 58.87 | 39.68 | 40.11 | 37.69 |
Investing Cash Flow | -1,915 | -1,631 | -463.31 | -75.23 | -265.63 | -91.14 |
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 |
Short-Term Debt Issued | - | - | - | - | 22.96 | - |
Long-Term Debt Issued | - | 1,304 | - | 664.78 | 300 | - |
Total Debt Issued | 2,125 | 1,304 | - | 664.78 | 322.96 | - |
Short-Term Debt Repaid | - | - | - | - | -40 | - |
Long-Term Debt Repaid | - | -299 | -218 | -809.78 | -450.27 | -223.83 |
Lease Payments | - | - | - | -10.38 | -10.67 | -9.33 |
Total Debt Repaid | -1,040 | -299 | -218 | -809.78 | -490.27 | -223.83 |
Net Debt Issued (Repaid) | 1,085 | 1,005 | -218 | -145 | -167.31 | -223.83 |
Issuance of Common Stock | 6.83 | - | - | - | - | - |
Common Dividends Paid | -256.11 | -248.77 | -421.32 | -410.62 | -356.55 | -334.41 |
Other Financing Activities | -54.57 | -54.3 | -60.65 | -36.88 | -46.92 | -10.65 |
Financing Cash Flow | 781.41 | 702.4 | -699.98 | -592.5 | -570.78 | -568.88 |
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 | 0.33 | 0.33 | - | - | - | - |
Net Cash Flow | -287.54 | -194.82 | -357.28 | 446.86 | 13.95 | 168.47 |
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 | -745.02 | -412.59 | 303.77 | 987.66 | 661.34 | 702.21 |
Free Cash Flow Growth | - | - | -69.24% | 49.34% | -5.82% | -28.87% |
Free Cash Flow Margin | -25.93% | -14.09% | 10.42% | 34.13% | 25.47% | 25.99% |
Free Cash Flow Per Share | -0.45 | -0.25 | 0.18 | 0.60 | 0.40 | 0.42 |
Levered Free Cash Flow | -1,134 | -688.39 | -28.43 | 561.58 | 228.89 | 384.73 |
Unlevered Free Cash Flow | -1,069 | -621.33 | 35.08 | 633.05 | 306.2 | 470.19 |
Free Cash Flow After Leases | -745.02 | -412.59 | 303.77 | 977.28 | 650.67 | 692.88 |
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 Income Tax Paid | 224.73 | 306.23 | 297.27 | 215.65 | 199.18 | 232.7 |
Change in Working Capital | -336.55 | -336.55 | -207.33 | 13.98 | -84.35 | -240.74 |