AVIC Heavy Machinery Co., Ltd. (SHA:600765)
China · Delayed Price · Currency is CNY 13.79
-0.24 (-1.71%)
Sep 14, 2026, 3:00 PM CST
AVIC Heavy Machinery 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 | 594.56 | 608.82 | 639.73 | 1,338 | 1,200 | 890.64 |
Depreciation & Amortization | 631.1 | 588.96 | 567.49 | 403.13 | 298.55 | 303.96 |
Other Amortization | 26.36 | 26.02 | 29.66 | 30.98 | 2.58 | 1.58 |
Loss (Gain) From Sale of Assets | -0 | 0.52 | -0.25 | -1.58 | -0.08 | 0.88 |
Asset Writedown & Restructuring Costs | -55.67 | 1.19 | 2.95 | 17.42 | 1.26 | 15.43 |
Loss (Gain) From Sale of Investments | -379.09 | -47.74 | 25.13 | -11.05 | 10.96 | -150.52 |
Provision & Write-off of Bad Debts | 110.35 | 110.35 | -321.69 | 86.94 | 233.95 | 177.03 |
Other Operating Activities | 369.5 | 362.91 | 380.44 | 321.03 | 278.22 | 347.19 |
Change in Accounts Receivable | -1,142 | -1,723 | -1,576 | -3,530 | -3,353 | -568.97 |
Change in Inventory | -266.99 | -895.64 | -897.18 | -485.85 | -130.89 | -187.62 |
Change in Accounts Payable | -279.27 | -212.82 | 1,017 | 2,547 | 2,254 | 739.06 |
Change in Other Net Operating Assets | 329.83 | 20.81 | 11.37 | -18.35 | 5.62 | - |
Operating Cash Flow | -54.58 | -1,167 | -78.69 | 700.47 | 774.38 | 1,518 |
Operating Cash Flow Growth | - | - | - | -9.54% | -48.97% | 130.48% |
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 | -839.09 | -834.33 | -1,015 | -1,212 | -877.8 | -619.69 |
Sale of Property, Plant & Equipment | 15.81 | 1.01 | 0.89 | 52.35 | 0.87 | 1.38 |
Cash Acquisitions | - | - | - | -1,054 | - | - |
Divestitures | 578.01 | 170.12 | 4.98 | - | - | 17.27 |
Investment in Securities | -200 | -200 | - | -11.49 | -50.96 | 29.17 |
Other Investing Activities | 8.1 | 15.31 | 2.83 | 53.26 | 10.34 | 162.94 |
Investing Cash Flow | -437.17 | -847.89 | -1,007 | -2,182 | -917.55 | -281.41 |
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 |
Short-Term Debt Issued | - | - | - | 30 | - | - |
Long-Term Debt Issued | - | 2,945 | 2,389 | 3,833 | 590.54 | 1,055 |
Total Debt Issued | 2,639 | 2,945 | 2,389 | 3,863 | 590.54 | 1,055 |
Long-Term Debt Repaid | - | -2,497 | -2,472 | -2,711 | -734.84 | -1,234 |
Lease Payments | -39.92 | -39.92 | -24.76 | -32.99 | - | - |
Total Debt Repaid | -3,024 | -2,497 | -2,472 | -2,711 | -734.84 | -1,234 |
Net Debt Issued (Repaid) | -384.52 | 448.7 | -82.29 | 1,152 | -144.29 | -178.64 |
Issuance of Common Stock | - | - | 1,939 | 59.3 | - | 2,192 |
Common Dividends Paid | -21.37 | -221.2 | -455.62 | -275.13 | -280.39 | -151.93 |
Other Financing Activities | -92.18 | -74.03 | -450.83 | 42.32 | 159.76 | -18.28 |
Financing Cash Flow | -498.07 | 153.47 | 950.27 | 978.43 | -264.93 | 1,843 |
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 | -12.47 | -7.19 | 3.19 | 2.99 | 12.12 | -4.38 |
Net Cash Flow | -1,002 | -1,868 | -132 | -500.3 | -395.98 | 3,075 |
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 | -893.68 | -2,001 | -1,094 | -511.46 | -103.41 | 897.91 |
Free Cash Flow Growth | - | - | - | - | - | 338.43% |
Free Cash Flow Margin | -9.38% | -19.79% | -10.57% | -4.42% | -0.98% | 10.21% |
Free Cash Flow Per Share | -0.58 | -1.28 | -0.73 | -0.35 | -0.07 | 0.65 |
Levered Free Cash Flow | -1,586 | -2,241 | -1,770 | -802.91 | -72.04 | 1,109 |
Unlevered Free Cash Flow | -1,526 | -2,180 | -1,706 | -739.5 | -15.05 | 1,183 |
Free Cash Flow After Leases | -933.59 | -2,041 | -1,119 | -544.46 | -103.41 | 897.91 |
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 | 520.3 | 594.68 | 583.27 | 705.72 | 347.04 | 269.79 |
Change in Working Capital | -1,352 | -2,818 | -1,402 | -1,485 | -1,251 | -68.59 |