Capital Environment Holdings Limited (HKG:3989)
Hong Kong · Delayed Price · Currency is HKD 0.0820
-0.0030 (-3.53%)
Sep 11, 2026, 3:45 PM HKT
HKG:3989 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 | 297.43 | 274.5 | 234.12 | 285.38 | 155.59 | 901.16 |
Depreciation & Amortization | 283.61 | 282.45 | 263.71 | 293.73 | 302.46 | 501.07 |
Other Amortization | 0.69 | 0.69 | 0.84 | 3.69 | 4.34 | 22.52 |
Loss (Gain) From Sale of Assets | -0.49 | - | 0.29 | 0.02 | 5.64 | 33.76 |
Asset Writedown & Restructuring Costs | 63.4 | 63.2 | 87.52 | 208.27 | 225.89 | 97.13 |
Loss (Gain) From Sale of Investments | 86.39 | 66.67 | 25.09 | 68.43 | 37.16 | 1.86 |
Loss (Gain) on Equity Investments | -7.73 | -4.68 | -4.86 | -3.61 | -49.04 | -58.54 |
Provision & Write-off of Bad Debts | 65.58 | 65.58 | 85.9 | 36.59 | 30.46 | 37.79 |
Other Operating Activities | -134.86 | -99.59 | -80.81 | -162.03 | -318.32 | 97.48 |
Change in Accounts Receivable | -831.35 | -838.27 | -879.29 | -880.11 | -608.62 | -667.28 |
Change in Inventory | -7.42 | -30.22 | -12.13 | -12.39 | -25.55 | 17.11 |
Change in Accounts Payable | -153.81 | -164.29 | -47.58 | -144.91 | -201.88 | 245.51 |
Change in Unearned Revenue | 53.9 | 52.93 | 55.2 | 1.6 | 66.51 | 42.48 |
Change in Other Net Operating Assets | 640.97 | 717.71 | 569.53 | -79.87 | -143.82 | -1,677 |
Operating Cash Flow | 356.33 | 386.71 | 297.55 | -385.22 | -231.99 | -445.07 |
Operating Cash Flow Growth | -38.45% | 29.96% | - | - | - | - |
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 | -21.36 | -14.56 | -54.7 | -39.4 | -288.64 | -431.59 |
Sale of Property, Plant & Equipment | 2.23 | 1.37 | 5.47 | 2.06 | 693.78 | 9.04 |
Cash Acquisitions | - | - | - | -6.04 | -50.62 | -138.12 |
Divestitures | - | - | 26.61 | - | 214.81 | -1.1 |
Sale (Purchase) of Intangibles | -53.93 | -159.03 | -187.32 | -250.86 | -731.19 | -970.18 |
Investment in Securities | -66.49 | -61.36 | -10.44 | - | - | 108.08 |
Other Investing Activities | 21.8 | 36.67 | 5.77 | 56.82 | 7,763 | 96.4 |
Investing Cash Flow | -117.75 | -196.91 | -214.6 | -237.41 | 7,601 | -1,327 |
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 | - | 4,939 | 1,380 | 3,125 | 4,575 | 5,824 |
Long-Term Debt Repaid | - | -4,646 | -1,222 | -2,766 | -7,033 | -4,477 |
Lease Payments | -9.86 | -9.86 | -22.89 | -11.45 | -21.15 | -39.06 |
Net Debt Issued (Repaid) | 391.1 | 292.66 | 157.91 | 358.6 | -2,458 | 1,347 |
Preferred Dividends Paid | - | - | - | - | -1,575 | - |
Common Dividends Paid | - | - | - | -130.69 | - | - |
Dividends Paid | - | - | - | -130.69 | -1,575 | - |
Other Financing Activities | -683.29 | -656.51 | -239.76 | -447.46 | -3,471 | -632.62 |
Financing Cash Flow | -292.19 | -363.86 | -81.85 | -219.55 | -7,504 | 764.84 |
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 | 1.34 | 2.9 | -3.61 | -8.81 | -34.65 | -71.61 |
Net Cash Flow | -52.27 | -171.17 | -2.51 | -851 | -169.94 | -1,079 |
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 | 334.97 | 372.15 | 242.85 | -424.62 | -520.63 | -876.66 |
Free Cash Flow Growth | -36.59% | 53.24% | - | - | - | - |
Free Cash Flow Margin | 9.08% | 10.05% | 6.62% | -10.42% | -11.34% | -16.25% |
Free Cash Flow Per Share | 0.02 | 0.03 | 0.02 | -0.03 | -0.04 | -0.06 |
Levered Free Cash Flow | -376.05 | -876.8 | -590.21 | -964.88 | -1,341 | -1,243 |
Unlevered Free Cash Flow | -145.18 | -630.93 | -325.26 | -693.81 | -1,008 | -935.51 |
Free Cash Flow After Leases | 325.12 | 362.29 | 219.96 | -436.06 | -541.78 | -915.72 |
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 | 652.07 | 654.63 | 273.51 | 346.67 | 494.41 | 605.11 |
Cash Income Tax Paid | 102.34 | 70.63 | 54.81 | 75.14 | 182.79 | 59.46 |
Change in Working Capital | -297.7 | -262.14 | -314.26 | -1,116 | -913.36 | -2,039 |