COSCO SHIPPING Specialized Carriers Co.,Ltd. (SHA:600428)
China · Delayed Price · Currency is CNY 10.71
+0.29 (2.78%)
Sep 30, 2026, 3:00 PM CST
SHA:600428 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 | 2,326 | 1,780 | 1,531 | 1,064 | 821.34 | 300.33 |
Depreciation & Amortization | 3,990 | 3,350 | 1,808 | 1,383 | 1,135 | 937.14 |
Other Amortization | 99.88 | 75.45 | 51.16 | 15.45 | 1.56 | 44.94 |
Loss (Gain) From Sale of Assets | -12.21 | 1.54 | -62.99 | -115.46 | -55.94 | -4.28 |
Asset Writedown & Restructuring Costs | 105.76 | 105.77 | 21.25 | -0.04 | 514.33 | 516.47 |
Loss (Gain) From Sale of Investments | 26.56 | 14.64 | 129.85 | -202.64 | -80.95 | -51.21 |
Provision & Write-off of Bad Debts | 16.8 | 54.81 | 1.61 | 6.63 | 16.07 | -5.61 |
Other Operating Activities | 1,505 | 1,234 | 616.45 | 384.04 | 280.03 | 256.27 |
Change in Accounts Receivable | -1,044 | -878.13 | -567.45 | 330.29 | -430.55 | -743.4 |
Change in Inventory | -348.81 | -159.99 | -170.76 | 4.11 | -227.22 | -113.22 |
Change in Accounts Payable | 728.14 | 711.45 | 343.73 | 30.3 | 400.92 | 575.84 |
Change in Other Net Operating Assets | -23.02 | - | -31.96 | - | - | - |
Operating Cash Flow | 7,463 | 6,339 | 3,616 | 2,922 | 2,375 | 1,686 |
Operating Cash Flow Growth | 47.81% | 75.31% | 23.74% | 23.05% | 40.88% | 29.20% |
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 | -1,792 | -1,662 | -636.19 | -2,015 | -863.95 | -842.33 |
Sale of Property, Plant & Equipment | 334.83 | 166.22 | 135.61 | 1.82 | 0.12 | 138.95 |
Cash Acquisitions | - | - | 512.79 | 26.85 | - | - |
Investment in Securities | -1,309 | -963.33 | 2.3 | -69.26 | -906.37 | -6.66 |
Other Investing Activities | 908.93 | 51.13 | 27.08 | - | - | 98.13 |
Investing Cash Flow | -1,838 | -2,389 | 103.69 | -1,883 | -1,770 | -611.91 |
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 | - | 2,897 | 1,134 | 3,297 | 4,007 | 3,443 |
Long-Term Debt Repaid | - | -5,974 | -3,069 | -3,240 | -5,506 | -3,815 |
Lease Payments | -3,436 | -2,665 | -1,103 | -570.26 | -335.93 | -170.41 |
Net Debt Issued (Repaid) | -2,897 | -3,076 | -1,935 | 56.46 | -1,499 | -371.52 |
Issuance of Common Stock | - | 3,477 | - | 21.1 | - | - |
Common Dividends Paid | -895.92 | -925.98 | -759.39 | -622.1 | -309.53 | -217.98 |
Other Financing Activities | -27.86 | -142.78 | 298.68 | 1.83 | -1.27 | -1.19 |
Financing Cash Flow | -3,821 | -668.31 | -2,396 | -542.71 | -1,810 | -590.68 |
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 | -94.9 | -41.02 | 54.1 | -12.54 | 289.8 | -84.38 |
Net Cash Flow | 1,709 | 3,241 | 1,378 | 483.99 | -915.74 | 398.65 |
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 | 5,672 | 4,678 | 2,980 | 907.28 | 1,511 | 843.3 |
Free Cash Flow Growth | 52.55% | 56.98% | 228.43% | -39.95% | 79.16% | -2.89% |
Free Cash Flow Margin | 21.10% | 20.15% | 17.76% | 7.44% | 12.38% | 9.63% |
Free Cash Flow Per Share | 2.07 | 1.80 | 1.39 | 0.42 | 0.70 | 0.39 |
Levered Free Cash Flow | 4,550 | 3,460 | 2,066 | -29.52 | 1,142 | -164.26 |
Unlevered Free Cash Flow | 4,952 | 3,859 | 2,374 | 214.53 | 1,311 | -73 |
Free Cash Flow After Leases | 2,236 | 2,013 | 1,877 | 337.02 | 1,175 | 672.89 |
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 Income Tax Paid | 317.85 | 228.64 | 165.76 | 128.33 | 186.9 | 161.56 |
Change in Working Capital | -595.04 | -276.37 | -479.63 | 386.88 | -256.49 | -308.42 |