Qinhuangdao Port Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,606	1,565	1,531	1,308	1,038
Depreciation & Amortization	1,263	1,296	1,344	1,238	1,242
Other Amortization	48.52	1.9	0.84	29.46	28.12
Loss (Gain) From Sale of Assets	1.21	-82.32	-8.85	4.76	-0.78
Asset Writedown & Restructuring Costs	-	-	4.01	28.65	20.32
Loss (Gain) From Sale of Investments	-380.58	-421.2	-311.5	-235.23	-186.11
Provision & Write-off of Bad Debts	1.38	0.62	1.13	2.73	-0.92
Other Operating Activities	59.65	71.26	208.3	272.56	247.74
Change in Accounts Receivable	-235.68	-201.01	-140.86	-150.85	-60.5
Change in Inventory	1.79	0.3	-20.82	33.91	-18.72
Change in Accounts Payable	-121.28	199.46	-249.56	-236.58	151.07
Change in Other Net Operating Assets	-8.96	-59.33	-38.31	168.34	58.16
Operating Cash Flow	2,298	2,415	2,394	2,434	2,506
Operating Cash Flow Growth	-4.83%	0.89%	-1.66%	-2.85%	-1.96%
Capital Expenditures	-895.06	-1,049	-1,061	-709.94	-1,327
Sale of Property, Plant & Equipment	6.75	192.06	12.03	4.05	8.48
Divestitures	-	50.71	10.71	-	-
Investment in Securities	-500.16	-190.83	-1,769	32.19	-668.83
Other Investing Activities	469.43	207.09	67.4	209.03	127.09
Investing Cash Flow	-919.03	-789.92	-2,739	-464.68	-1,861
Long-Term Debt Issued	520	680	2,001	670	1,318
Long-Term Debt Repaid	-1,577	-1,591	-2,778	-1,144	-898.48
Net Debt Issued (Repaid)	-1,057	-910.57	-777.06	-474.22	419.52
Common Dividends Paid	-590.42	-639.94	-634.58	-613.06	-675.74
Other Financing Activities	-15.74	-17.29	-	-	-8.54
Financing Cash Flow	-1,663	-1,568	-1,412	-1,087	-264.77
Foreign Exchange Rate Adjustments	-1.01	0.63	0.54	4.76	-1.32
Net Cash Flow	-284.62	58.06	-1,757	887.11	379.11
Free Cash Flow	1,403	1,366	1,333	1,724	1,178
Free Cash Flow Growth	2.72%	2.51%	-22.71%	46.32%	-12.45%
Free Cash Flow Margin	20.09%	19.90%	18.89%	24.92%	17.87%
Free Cash Flow Per Share	0.25	0.24	0.24	0.30	0.21
Cash Income Tax Paid	490.13	503.45	585.03	530.87	664.14
Levered Free Cash Flow	1,112	988.21	822.75	896.18	1,194
Unlevered Free Cash Flow	1,181	1,096	970.44	1,043	1,367
Change in Working Capital	-300.86	-16.1	-375.47	-214.68	116.76

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.