Shede Spirits Co., Ltd. (SHA:600702)
China · Delayed Price · Currency is CNY 32.54
-0.71 (-2.14%)
Nov 11, 2026, 3:00 PM CST
Shede Spirits 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 | Sep '26 Sep 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 | -54.33 | 223.01 | 345.77 | 1,769 | 1,685 | 1,246 |
Depreciation & Amortization | 253.59 | 253.59 | 197.96 | 162.54 | 128.56 | 132.12 |
Other Amortization | 22.05 | 22.05 | 9.61 | 10.54 | 22.95 | 33.73 |
Loss (Gain) From Sale of Assets | -1.04 | -1.04 | 0.01 | -1.79 | 5.61 | -0.04 |
Asset Writedown & Restructuring Costs | 28.58 | 28.58 | 17.17 | -0.8 | 0.58 | 5.94 |
Loss (Gain) From Sale of Investments | 7.91 | 7.91 | 7.26 | -28.31 | -44.26 | -20.57 |
Provision & Write-off of Bad Debts | 9.74 | 9.74 | 0.15 | -0.22 | -0.64 | 0.09 |
Other Operating Activities | 689.12 | 18.31 | 1.24 | 2.44 | 15.36 | -0.05 |
Change in Accounts Receivable | -66.49 | -66.49 | -115.68 | -193.18 | -47.33 | 139.51 |
Change in Inventory | -697.6 | -697.6 | -795.98 | -840.9 | -788.33 | -238.06 |
Change in Accounts Payable | -255.91 | -255.91 | -302.39 | -142.47 | 30.66 | 927.19 |
Change in Other Net Operating Assets | 14.57 | 14.57 | 39.95 | -12.79 | 18.34 | 15.81 |
Operating Cash Flow | -129.53 | -523 | -707.56 | 714.82 | 1,041 | 2,229 |
Operating Cash Flow Growth | - | - | - | -31.34% | -53.29% | 123.50% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | -382.67 | -693.49 | -1,001 | -873.45 | -583.99 | -205.39 |
Sale of Property, Plant & Equipment | 2.95 | 7.8 | - | 3.33 | 1.64 | 0.05 |
Investment in Securities | -152.7 | -247 | 800 | 493.3 | 99.9 | -1,300 |
Other Investing Activities | -79.53 | 0.49 | 9.67 | 41.84 | 54.07 | 460.04 |
Investing Cash Flow | -611.94 | -932.19 | -191.73 | -334.98 | -428.38 | -1,045 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Short-Term Debt Issued | - | 126.04 | 150.89 | 82.76 | - | - |
Long-Term Debt Issued | - | 2,099 | 1,621 | 95.61 | 54.66 | 20 |
Total Debt Issued | 2,384 | 2,225 | 1,772 | 178.37 | 54.66 | 20 |
Long-Term Debt Repaid | - | -822.22 | -552.67 | -13.13 | -14.69 | -474.58 |
Lease Payments | -9.85 | -9.85 | -10.86 | -13.13 | -14.69 | -8.58 |
Total Debt Repaid | -1,425 | -822.22 | -552.67 | -13.13 | -14.69 | -474.58 |
Net Debt Issued (Repaid) | 959.71 | 1,403 | 1,219 | 165.24 | 39.98 | -454.58 |
Issuance of Common Stock | 1.75 | 1.75 | 57.44 | 128.74 | 80.07 | - |
Repurchase of Common Stock | -70.62 | -70.62 | -163.97 | -370.09 | - | - |
Common Dividends Paid | -160.29 | -180 | -721.32 | -502.03 | -265.23 | -88.78 |
Other Financing Activities | -71.87 | -100.74 | -269.54 | 1.71 | 50.5 | 11.67 |
Financing Cash Flow | 658.67 | 1,053 | 121.6 | -576.43 | -94.69 | -531.69 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | -1.15 | 0.15 | -0.03 | 0.2 | -0.12 | -0.31 |
Net Cash Flow | -83.95 | -401.89 | -777.71 | -196.39 | 517.94 | 651.37 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | -512.2 | -1,216 | -1,709 | -158.63 | 457.13 | 2,023 |
Free Cash Flow Growth | - | - | - | - | -77.41% | 170.84% |
Free Cash Flow Margin | -13.43% | -27.53% | -31.90% | -2.24% | 7.55% | 40.72% |
Free Cash Flow Per Share | -1.56 | -3.71 | -5.20 | -0.48 | 1.38 | 6.11 |
Levered Free Cash Flow | -591.28 | -1,282 | -1,216 | -176.72 | 220.02 | 2,171 |
Unlevered Free Cash Flow | -562.61 | -1,271 | -1,212 | -174.09 | 221.79 | 2,173 |
Free Cash Flow After Leases | -522.04 | -1,226 | -1,720 | -171.76 | 442.44 | 2,015 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 1,245 | 1,394 | 2,224 | 2,179 | 1,918 | 1,506 |
Change in Working Capital | -1,085 | -1,085 | -1,287 | -1,199 | -772.47 | 831.82 |