Shang Properties, Inc. (PSE:SHNG)
Philippines · Delayed Price · Currency is PHP 2.710
-0.100 (-3.56%)
At close: Nov 13, 2026
Shang Properties Cash Flow Statement
Financials in millions PHP. Fiscal year is January - December.
Millions PHP. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 4,165 | 4,026 | 9,357 | 5,518 | 3,634 | 2,124 |
Depreciation & Amortization | 696.6 | 417.51 | 396.35 | 377.13 | 387.94 | 995.49 |
Gain (Loss) on Sale of Assets | 0.07 | 0.07 | -0.27 | -1.31 | -0.37 | -7.89 |
Gain (Loss) on Sale of Investments | -4.35 | -4.44 | 2.51 | -4.01 | -0.58 | 2.81 |
Asset Writedown | - | - | -5,201 | - | - | - |
Income (Loss) on Equity Investments | -1,335 | -1,354 | -2,527 | -2,461 | -1,422 | -404.71 |
Change in Accounts Receivable | 12,438 | 2,482 | -1,835 | -1,282 | -1,215 | -89.83 |
Change in Accounts Payable | -9,065 | 1,589 | 47.44 | 367.74 | 370.27 | -825.48 |
Change in Other Net Operating Assets | -2,734 | -2,431 | -532.66 | -1,592 | -38.58 | -256.32 |
Other Operating Activities | -522.37 | 350.46 | 2,191 | 1,229 | 809.85 | -1,166 |
Operating Cash Flow | 4,193 | 4,132 | -495.45 | 1,237 | 1,181 | -353.63 |
Operating Cash Flow Growth | 137.16% | - | - | 4.72% | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | -5,061 | -2,989 | -4,715 | -1,349 | -735.35 | -584.47 |
Sale of Real Estate Assets | -153.8 | - | 0.04 | 7.62 | 8.74 | 9.78 |
Net Sale / Acq. of Real Estate Assets | -5,215 | -2,989 | -4,715 | -1,342 | -726.61 | -574.69 |
Investment in Marketable & Equity Securities | 5,344 | 1,651 | -145.6 | -10.49 | -23.91 | -5.41 |
Other Investing Activities | 0.15 | 0.15 | 803.74 | 8.17 | 0.67 | 11.66 |
Investing Cash Flow | 129.19 | -1,338 | -4,056 | -1,344 | -749.86 | -568.44 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | - | 1,000 | 8,740 | 3,175 | 3,460 | 3,256 |
Long-Term Debt Repaid | - | - | -760 | -1,370 | -2,865 | -1,433 |
Net Debt Issued (Repaid) | -1,050 | 1,000 | 7,980 | 1,805 | 595 | 1,823 |
Common Dividends Paid | -990.66 | -1,300 | -922.2 | -1,369 | -786.35 | -602.61 |
Other Financing Activities | -1,524 | -1,198 | -745.98 | -240.8 | -321.8 | -477.84 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | -19.54 | 2.71 | 3.54 | 2.11 | 24.26 | 6.36 |
Net Cash Flow | 738.2 | 1,299 | 1,763 | 89.54 | -57.88 | -173.49 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 5,314 | 4,369 | 725.22 | 2,613 | 940.13 | 888.72 |
Unlevered Free Cash Flow | 5,397 | 4,444 | 765.3 | 2,645 | 1,008 | 963.37 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 84.71 | 84.71 | 33.62 | 54.04 | 110.58 | 88.36 |
Cash Income Tax Paid | 1,345 | 1,345 | 722.81 | 475.94 | 307.35 | 468.12 |
Change in Working Capital | 1,193 | 696.32 | -5,467 | -3,421 | -2,228 | -1,897 |