State Grid Yingda Co.,Ltd. (SHA:600517)

State Grid Yingda 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	2,317	2,531	1,574	1,364	1,101	1,224
Depreciation & Amortization	231.55	231.55	283.73	284.54	250.82	229.56
Other Amortization	57.56	57.56	13.94	7.21	3.54	4.68
Loss (Gain) From Sale of Assets	-2.16	-2.16	-0.11	-5.41	0.61	2.05
Asset Writedown & Restructuring Costs	123.8	123.8	1.65	60.34	0.29	10.72
Loss (Gain) From Sale of Investments	-1,424	-1,424	-128.88	281.63	846.51	570.06
Provision & Write-off of Bad Debts	32.02	32.02	-80.99	109.58	79.99	109.07
Other Operating Activities	2,126	850.58	611.59	653.83	546.06	529.86
Change in Accounts Receivable	2,278	2,278	1,189	-2,304	150.08	-4,868
Change in Inventory	12.69	12.69	20.43	-103.91	-108.5	-215.43
Change in Accounts Payable	-3,398	-3,398	754.3	624.78	-1,315	3,356
Operating Cash Flow	2,831	1,769	4,347	803.22	1,287	761.48
Operating Cash Flow Growth	60.27%	-59.31%	441.18%	-37.57%	68.97%	-

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	-152.37	-154.06	-181.12	-196.02	-146.83	-116.93
Sale of Property, Plant & Equipment	2.62	2.62	0.77	9.14	2.06	1.25
Divestitures	-	-	-	-	-	-47.29
Investment in Securities	-1,016	-1,657	-1,973	254.04	30.72	-89.83
Other Investing Activities	69.86	73.15	63.12	74.55	72.55	173.38
Investing Cash Flow	-1,096	-1,735	-2,090	141.71	-41.5	-79.42

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
Short-Term Debt Issued	-	2,500	1,078	-	-	-
Long-Term Debt Issued	-	-	-	1,480	3,730	7,892
Total Debt Issued	3,200	2,500	1,078	1,480	3,730	7,892
Short-Term Debt Repaid	-	-1,100	-1,494	-	-	-
Long-Term Debt Repaid	-	-102.15	-83.02	-3,783	-3,784	-5,573
Total Debt Repaid	-1,302	-1,202	-1,577	-3,783	-3,784	-5,573
Net Debt Issued (Repaid)	1,898	1,298	-499.02	-2,304	-53.77	2,319
Issuance of Common Stock	24.05	24.05	513.82	-	-	-
Common Dividends Paid	-549.52	-546.51	-613.26	-427.04	-483.47	-515.81
Other Financing Activities	-284.69	-243.95	-189.5	-94.27	-112.99	-283.91
Financing Cash Flow	1,088	531.44	-787.96	-2,825	-650.23	1,520

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
Foreign Exchange Rate Adjustments	-1.22	-0.76	0.49	0.26	11.03	-2.48
Net Cash Flow	2,822	563.97	1,470	-1,880	605.95	2,199

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	2,678	1,615	4,166	607.2	1,140	644.55
Free Cash Flow Growth	68.67%	-61.24%	586.06%	-46.73%	76.84%	-
Free Cash Flow Margin	21.95%	13.51%	36.91%	5.57%	10.49%	6.79%
Free Cash Flow Per Share	0.47	0.28	0.73	0.11	0.20	0.11
Levered Free Cash Flow	5,812	1,549	2,815	1,541	2,230	1,462
Unlevered Free Cash Flow	5,899	1,643	2,966	1,735	2,456	1,711

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 Interest Paid	255.95	260.72	332.98	371.86	319.48	418.92
Cash Income Tax Paid	2,520	2,309	2,524	2,263	1,928	1,733
Change in Working Capital	-633.19	-633.19	2,071	-1,953	-1,540	-1,917

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:

Aug 11, 2026

Data Sources Report a data error