Fujian Expressway Development Co.,Ltd (SHA:600033)

SHA:600033 Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	957.72	948.28	780.77	902.26	840.39	829.22
Depreciation & Amortization	950.68	950.68	954.9	956.64	809.16	863.42
Other Amortization	7.78	7.78	4.13	2.89	0.95	0.79
Loss (Gain) From Sale of Assets	0.08	0.08	0.01	-0.01	1.3	-0.03
Asset Writedown & Restructuring Costs	42.6	42.6	174.13	41.61	0.31	73.97
Loss (Gain) From Sale of Investments	-49.14	-49.14	-33.91	-44.86	-57.28	38.37
Provision & Write-off of Bad Debts	-3.69	-3.69	0.15	0.28	0.19	-0.21
Other Operating Activities	251.24	263.52	287.9	300.9	310.01	330.08
Change in Accounts Receivable	382.47	382.47	-100.87	-106.35	-71.69	165.6
Change in Inventory	1.39	1.39	-0.84	0.93	0.48	4.52
Change in Accounts Payable	238.88	238.88	17.57	50	-80.91	72.12
Operating Cash Flow	2,783	2,785	2,086	2,100	1,762	2,369
Operating Cash Flow Growth	22.50%	33.56%	-0.69%	19.17%	-25.61%	34.64%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-700.41	-700.22	-597.23	-708.91	-327.81	-461.19
Sale of Property, Plant & Equipment	0.16	0.16	2.07	0.33	0.22	3.37
Investment in Securities	-180	-180	-	-	-	-800.05
Other Investing Activities	74.75	48.76	47.84	69.56	94.3	-
Investing Cash Flow	-805.5	-831.3	-547.32	-639.01	-233.29	-1,258

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	-	-	-	-	995.7	165
Long-Term Debt Repaid	-	-628.38	-28.13	-490.89	-1,454	-664.16
Net Debt Issued (Repaid)	-628.38	-628.38	-28.13	-490.89	-458.65	-499.16
Common Dividends Paid	-306.64	-306.64	-498.75	-453.98	-	-362.1
Dividends Paid	-306.64	-306.64	-498.75	-453.98	-	-362.1
Other Financing Activities	-80.31	-80.2	-164.87	-154.89	-649.17	-230.54
Financing Cash Flow	-1,015	-1,015	-691.74	-1,100	-1,108	-1,092

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash Flow	961.72	938.88	846.51	361.32	421.2	19.27

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	2,082	2,085	1,488	1,391	1,434	1,908
Free Cash Flow Growth	28.82%	40.10%	6.98%	-3.02%	-24.81%	67.75%
Free Cash Flow Margin	68.50%	68.39%	49.19%	45.62%	53.69%	64.08%
Free Cash Flow Per Share	0.76	0.76	0.54	0.51	0.52	0.69
Levered Free Cash Flow	1,369	1,460	1,212	1,271	1,280	1,384
Unlevered Free Cash Flow	1,387	1,480	1,241	1,307	1,337	1,449

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Income Tax Paid	522.14	509.69	543.54	493.09	466.27	448.82
Change in Working Capital	625.28	625.28	-82.51	-59.61	-142.73	233.33

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 31, 2026

Data Sources Report a data error