Heilongjiang Transport Development Co., Ltd. (SHA:601188)

SHA:601188 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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	158.38	168.09	178.02	128.06	123.05	168.08
Depreciation & Amortization	191.21	183.75	170.35	138.15	129.25	129.85
Other Amortization	9.26	9.03	11.92	9	0.35	0.89
Loss (Gain) From Sale of Assets	-0.22	-0.46	-1.36	-0.13	0.51	0.56
Asset Writedown & Restructuring Costs	-0.14	-0.09	-	-	0	3.23
Loss (Gain) From Sale of Investments	-67.93	-63.6	-58.48	-55.09	-76.53	-89.12
Provision & Write-off of Bad Debts	1.57	1.54	-0.27	-1.46	-0.57	-0.79
Other Operating Activities	40.64	42.31	42.9	20.76	17.45	10.13
Change in Accounts Receivable	94.88	46.71	-57.01	147.91	-81.37	40.75
Change in Inventory	60.5	96.91	300.67	-231.99	71.72	62.92
Change in Accounts Payable	-8.17	-244.86	217.81	-209.6	53.43	-100.1
Change in Other Net Operating Assets	17.25	19.35	-9.25	182.69	-181.5	0.52
Operating Cash Flow	487.15	249.68	796.69	120.19	50.95	232.52
Operating Cash Flow Growth	-9.64%	-68.66%	562.86%	135.89%	-78.09%	-23.03%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-65.81	-64.4	-71.65	-100.84	-85.7	-24.38
Sale of Property, Plant & Equipment	0.86	1.06	0.36	0.68	0.24	0.24
Cash Acquisitions	-0.33	-0.33	-2.75	-	-	-
Divestitures	-	-	0.32	-	-	-
Investment in Securities	973.64	-603.25	55.25	205.44	-260.82	297.56
Other Investing Activities	13.05	15.45	23.9	34.73	30.55	47.77
Investing Cash Flow	921.41	-651.46	5.44	140.01	-315.73	321.19

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	10	12	13	-	-
Long-Term Debt Issued	-	-	160	-	-	-
Total Debt Issued	12	10	172	13	-	-
Long-Term Debt Repaid	-	-22.45	-211.83	-0.86	-30.53	-39.78
Lease Payments	-3.22	-2.45	-1.46	-0.86	-1.28	-0.86
Net Debt Issued (Repaid)	-810.74	-12.45	-39.83	12.14	-30.53	-39.78
Issuance of Common Stock	-	-	26.01	-	-	-
Repurchase of Common Stock	-	-	-	-	-12.47	-21.65
Common Dividends Paid	-134.23	-144.04	-124.59	-74.44	-100.52	-60.53
Other Financing Activities	-146.69	-150.62	-54.25	-184.36	-	-5.86
Financing Cash Flow	-1,092	-307.11	-192.66	-246.66	-143.51	-127.82

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash Flow	316.9	-708.89	609.47	13.54	-408.29	425.89

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	421.33	185.29	725.04	19.35	-34.75	208.15
Free Cash Flow Growth	-13.53%	-74.44%	3646.53%	-	-	-29.23%
Free Cash Flow Margin	56.26%	24.05%	71.75%	2.92%	-7.98%	38.78%
Free Cash Flow Per Share	0.33	0.14	0.56	0.01	-0.03	0.16
Levered Free Cash Flow	381.09	182.28	871.47	-165.25	142	207.88
Unlevered Free Cash Flow	399.86	204.99	895.61	-165.12	142.15	208.01
Free Cash Flow After Leases	418.11	182.84	723.59	18.49	-36.02	207.29

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	0.62	0.62	-	-	-	-
Cash Income Tax Paid	104.79	104.53	72.35	61.64	20.15	114.14
Change in Working Capital	154.38	-90.9	453.6	-119.11	-142.56	9.69

Data Source: S&P Global Market Intelligence Last updated: Aug 27, 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:

Oct 3, 2026

Data Sources Report a data error