China First Heavy Industries (SHA:601106)
China · Delayed Price · Currency is CNY 2.780
-0.060 (-2.11%)
Oct 30, 2026, 3:00 PM CST
SHA:601106 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 | -234.3 | -311.04 | -3,736 | -2,708 | 103.92 | 168.37 |
Depreciation & Amortization | 798.49 | 798.49 | 829.03 | 856.05 | 700.11 | 626.66 |
Other Amortization | 24.45 | 24.45 | 7.23 | 9.45 | 3.27 | 3.19 |
Loss (Gain) From Sale of Assets | -6.09 | -6.09 | -0.78 | -1.08 | -0.32 | 84.36 |
Asset Writedown & Restructuring Costs | 53.27 | 53.27 | 72.83 | 1.12 | 4.54 | 1.32 |
Loss (Gain) From Sale of Investments | -517.47 | -517.47 | 332.04 | 455.71 | -354.71 | -128.42 |
Provision & Write-off of Bad Debts | -76.81 | -76.81 | 1,082 | 1,226 | 544.57 | -29.49 |
Other Operating Activities | -413.42 | 611.71 | 1,027 | 793.13 | 726.58 | 641.69 |
Change in Accounts Receivable | 1,227 | 1,227 | 1,335 | 3,296 | -3,569 | -799.67 |
Change in Inventory | 160.95 | 160.95 | -636.08 | -2,040 | -75.43 | -292.62 |
Change in Accounts Payable | -437.06 | -437.06 | 165.89 | -1,758 | 701.54 | 428.75 |
Operating Cash Flow | 613.28 | 1,562 | 473.22 | 143.39 | -1,263 | 682.17 |
Operating Cash Flow Growth | -22.30% | 230.01% | 230.02% | - | - | -1.21% |
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 | -1,047 | -931.49 | -508.41 | -589.75 | -200.47 | -164.46 |
Sale of Property, Plant & Equipment | - | - | - | 0.08 | 0 | 1.69 |
Divestitures | 704.81 | 1,204 | - | - | - | 100.06 |
Investment in Securities | - | - | -36.84 | -312 | - | -2,732 |
Other Investing Activities | - | - | - | 0.55 | 1.67 | 6.1 |
Investing Cash Flow | -341.73 | 272.99 | -545.25 | -901.12 | -198.8 | -2,789 |
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 |
Long-Term Debt Issued | - | 10,392 | 10,076 | 12,994 | 13,301 | 12,878 |
Long-Term Debt Repaid | - | -10,139 | -8,789 | -11,105 | -11,519 | -11,023 |
Lease Payments | 42.64 | -24.79 | -115.86 | -116.29 | - | - |
Net Debt Issued (Repaid) | -466.36 | 252.75 | 1,287 | 1,888 | 1,782 | 1,855 |
Issuance of Common Stock | 169.9 | 169.9 | - | - | - | - |
Common Dividends Paid | -512.26 | -315.87 | -372.6 | -579.91 | -635.03 | -597.95 |
Other Financing Activities | -111.37 | 840.85 | - | 16.5 | -37.39 | 1.07 |
Financing Cash Flow | -920.09 | 947.62 | 914.74 | 1,325 | 1,110 | 1,258 |
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 | -18 | 0.56 | -3.04 | -5.71 | 23.89 | -1.16 |
Net Cash Flow | -666.53 | 2,783 | 839.67 | 561.33 | -327.95 | -849.99 |
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 | -433.25 | 630.18 | -35.19 | -446.36 | -1,463 | 517.71 |
Free Cash Flow Growth | - | - | - | - | - | 95.85% |
Free Cash Flow Margin | -4.56% | 6.42% | -0.21% | -2.60% | -6.13% | 2.24% |
Free Cash Flow Per Share | -0.07 | 0.09 | -0.01 | -0.06 | -0.21 | 0.08 |
Levered Free Cash Flow | -1,249 | -1,145 | 3,113 | 531.48 | -4,047 | -653.35 |
Unlevered Free Cash Flow | -1,177 | -890.04 | 3,423 | 890.46 | -3,651 | -280.6 |
Free Cash Flow After Leases | -390.61 | 605.39 | -151.05 | -562.65 | -1,463 | 517.71 |
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 | 310.88 | 297.87 | 160.62 | 358.62 | 681.78 | 339.1 |
Change in Working Capital | 985.14 | 985.14 | 859.82 | -489.07 | -2,991 | -685.51 |