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Shanghai Zhenhua Heavy Industries Co., Ltd. (SHA:600320)
China flag China · Delayed Price · Currency is CNY
4.210
-0.030 (-0.71%)
Sep 14, 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
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
890.05731.84533.52519.98371.94439.84
Depreciation & Amortization
1,6161,6071,5091,3691,2781,308
Other Amortization
27.0717.46----
Loss (Gain) From Sale of Assets
-51.26-42.15-106.96-79.04-66.19-71.28
Loss (Gain) From Sale of Investments
-63.39-150.43-150.19-172.5144.57-1,051
Stock-Based Compensation
20.9423.6412.14---
Provision & Write-off of Bad Debts
736.89833556.69390.6331.99194.83
Other Operating Activities
813.52689778.711,015820.331,050
Change in Accounts Receivable
-360.56-1,287681.3-1,12761.78452.31
Change in Inventory
178.8669.29-361.37-3,138-1,109-502.31
Change in Accounts Payable
-182.712,4833,3855,7642,5851,018
Change in Unearned Revenue
720.47720.47-1,593659.14-1,679-
Change in Other Net Operating Assets
-13.65-10.138.38.911.15-671.84
Operating Cash Flow
4,3456,2495,2765,1842,5692,120
Operating Cash Flow Growth
-42.44%18.45%1.77%101.83%21.18%158.69%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-893.95-1,050-1,062-746.96-488.78-1,265
Sale of Property, Plant & Equipment
187.74189.16148.96105.3819.39161.31
Cash Acquisitions
--12.02---
Investment in Securities
161.02162.98333.63110.7617.172,157
Other Investing Activities
333.07224.53345.62349.19368.51,438
Investing Cash Flow
-212.13-473.11-221.75-181.63-83.722,491

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '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
14,26011,04817,88727,80139,74235,212
Short-Term Debt Repaid
--124.35-114.04-97.68-223.21-
Long-Term Debt Repaid
--17,333-19,832-29,165-43,431-37,441
Total Debt Repaid
-18,958-17,457-19,946-29,262-43,654-37,441
Net Debt Issued (Repaid)
-4,698-6,410-2,059-1,462-3,912-2,229
Issuance of Common Stock
500500--500-
Repurchase of Common Stock
-29.01-29.01----
Common Dividends Paid
-805.86-947.84-1,109-986.97-1,337-1,123
Other Financing Activities
-99.81-139.79-1,13557.0126.46373.59
Financing Cash Flow
-5,133-7,026-4,303-2,392-4,723-2,979

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '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
-1,031-1,281791.012,657-2,0751,552

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
3,4515,2004,2144,4372,080854.23
Free Cash Flow Growth
-45.69%23.39%-5.03%113.35%143.47%-
Free Cash Flow Margin
9.46%14.34%12.23%13.47%6.89%3.29%
Free Cash Flow Per Share
0.660.990.790.850.390.15
Levered Free Cash Flow
2,6024,3672,8223,7673,5211,711
Unlevered Free Cash Flow
2,9514,7683,3314,3714,1702,395

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Income Tax Paid
375.66311.466.15280.22-260.64-238.23
Change in Working Capital
355.012,5402,1432,142-212.06248.64