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Shanghai Zhenhua Heavy Industries Co., Ltd. (SHA:600320)
China flag China · Delayed Price · Currency is CNY
4.040
+0.010 (0.25%)
Aug 24, 2026, 3:00 PM CST

SHA:600320 Cash Flow Statement

Millions CNY. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
852.84731.84533.52519.98371.94439.84
Depreciation & Amortization
1,6071,6071,5091,3691,2781,308
Other Amortization
17.4617.46----
Loss (Gain) From Sale of Assets
-42.15-42.15-106.96-79.04-66.19-71.28
Loss (Gain) From Sale of Investments
-150.43-150.43-150.19-172.5144.57-1,051
Stock-Based Compensation
23.6423.6412.14---
Provision & Write-off of Bad Debts
833833556.69390.6331.99194.83
Other Operating Activities
-799.14689778.711,015820.331,050
Change in Accounts Receivable
-1,287-1,287681.3-1,12761.78452.31
Change in Inventory
669.29669.29-361.37-3,138-1,109-502.31
Change in Accounts Payable
2,4832,4833,3855,7642,5851,018
Change in Unearned Revenue
720.47720.47-1,593659.14-1,679-
Change in Other Net Operating Assets
-10.13-10.138.38.911.15-671.84
Operating Cash Flow
4,8826,2495,2765,1842,5692,120
Operating Cash Flow Growth
-30.01%18.45%1.77%101.83%21.18%158.69%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-1,015-1,050-1,062-746.96-488.78-1,265
Sale of Property, Plant & Equipment
191.49189.16148.96105.3819.39161.31
Cash Acquisitions
--12.02---
Investment in Securities
162.98162.98333.63110.7617.172,157
Other Investing Activities
224.36224.53345.62349.19368.51,438
Investing Cash Flow
-435.93-473.11-221.75-181.63-83.722,491

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
-84.3540114.04--
Long-Term Debt Issued
-10,96417,84727,68739,74235,212
Total Debt Issued
13,24811,04817,88727,80139,74235,212
Short-Term Debt Repaid
--124.35-114.04-97.68-223.21-
Long-Term Debt Repaid
--16,833-19,832-29,165-43,431-37,441
Total Debt Repaid
-17,969-16,957-19,946-29,262-43,654-37,441
Net Debt Issued (Repaid)
-4,721-5,910-2,059-1,462-3,912-2,229
Issuance of Common Stock
500500--500-
Repurchase of Common Stock
-529.01-529.01----
Common Dividends Paid
-1,011-947.84-1,109-986.97-1,337-1,123
Other Financing Activities
133.34-139.79-1,13557.0126.46373.59
Financing Cash Flow
-5,628-7,026-4,303-2,392-4,723-2,979

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
-31-3140.0346.24163.58-79.4
Net Cash Flow
-1,213-1,281791.012,657-2,0751,552

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
3,8675,2004,2144,4372,080854.23
Free Cash Flow Growth
-34.56%23.39%-5.03%113.35%143.47%-
Free Cash Flow Margin
10.64%14.34%12.23%13.47%6.89%3.29%
Free Cash Flow Per Share
0.740.990.790.850.390.15
Levered Free Cash Flow
3,1824,3672,8223,7673,5211,711
Unlevered Free Cash Flow
3,5514,7683,3314,3714,1702,395

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Income Tax Paid
627.04311.466.15280.22-260.64-238.23
Change in Working Capital
2,5402,5402,1432,142-212.06248.64