CITIC Heavy Industries Co., Ltd. (SHA:601608)
China · Delayed Price · Currency is CNY 4.380
-0.160 (-3.52%)
Oct 30, 2026, 3:00 PM CST
CITIC Heavy Industries 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 | 377.75 | 375.46 | 374.55 | 383.6 | 145.57 | 226.6 |
Depreciation & Amortization | 318.27 | 318.27 | 308.5 | 322.95 | 357.22 | 344.71 |
Other Amortization | 5.16 | 5.16 | 6.29 | 6.83 | 13.49 | 4.52 |
Loss (Gain) From Sale of Assets | -0.51 | -0.51 | -17.47 | -16.32 | -2.15 | -1.03 |
Asset Writedown & Restructuring Costs | 0.81 | 0.81 | 4.25 | 0.1 | 48.56 | -0.39 |
Loss (Gain) From Sale of Investments | -35.22 | -35.22 | -33.57 | -79.14 | -51.19 | -121.38 |
Provision & Write-off of Bad Debts | -191.02 | -191.02 | 149.45 | 169.85 | 24.27 | 78.63 |
Other Operating Activities | 1,211 | 90.55 | 36.39 | 76.7 | 127.08 | 183.2 |
Change in Accounts Receivable | -123.89 | -123.89 | -48.9 | 267.66 | -825.48 | 21.24 |
Change in Inventory | 575.31 | 575.31 | -371.56 | 302.78 | 617.74 | -605.13 |
Change in Accounts Payable | -181.3 | -181.3 | 468.9 | -224.32 | 782.98 | 558.47 |
Change in Other Net Operating Assets | 1.19 | 1.19 | 1.04 | - | - | - |
Operating Cash Flow | 1,972 | 849.53 | 815.75 | 1,200 | 1,213 | 681.95 |
Operating Cash Flow Growth | 259.02% | 4.14% | -32.02% | -1.09% | 77.90% | 12.68% |
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 | -151.18 | -285.71 | -233.25 | -147.04 | -132.73 | -315.11 |
Sale of Property, Plant & Equipment | -22.77 | 3.85 | 33.51 | 69.57 | 8.42 | 27.07 |
Cash Acquisitions | - | - | - | -3.52 | -90 | -14.38 |
Divestitures | - | 17.92 | - | - | - | - |
Investment in Securities | 176.83 | -304.54 | -202.58 | - | 8.97 | 125.75 |
Other Investing Activities | 75.54 | 80.91 | 62.19 | 40.53 | 40.06 | -36.99 |
Investing Cash Flow | 78.41 | -487.57 | -340.12 | -40.45 | -165.28 | -213.65 |
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 | - | 0.7 | - | - | - | - |
Long-Term Debt Issued | - | 1,283 | 1,700 | 1,850 | 4,890 | 4,379 |
Total Debt Issued | 383.72 | 1,284 | 1,700 | 1,850 | 4,890 | 4,379 |
Long-Term Debt Repaid | - | -1,358 | -1,959 | -3,446 | -6,179 | -4,647 |
Lease Payments | -27.37 | -27.37 | -25.24 | -25.59 | -27.73 | -26.96 |
Net Debt Issued (Repaid) | -765.8 | -73.96 | -259.34 | -1,596 | -1,289 | -268.35 |
Issuance of Common Stock | 3.4 | 3.4 | 819.18 | - | - | - |
Common Dividends Paid | -183.71 | -172.92 | -165.64 | -115.73 | -193.94 | -222.86 |
Other Financing Activities | -0.02 | - | -3.1 | 19.3 | -11.22 | -13.39 |
Financing Cash Flow | -946.14 | -243.48 | 391.1 | -1,692 | -1,494 | -504.6 |
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 | -13.17 | 11.71 | 2.1 | 3.3 | -12.14 | -3.98 |
Net Cash Flow | 1,091 | 130.18 | 868.83 | -529.26 | -458.1 | -40.28 |
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 | 1,821 | 563.82 | 582.5 | 1,053 | 1,080 | 366.84 |
Free Cash Flow Growth | 987.46% | -3.21% | -44.68% | -2.55% | 194.53% | 54.55% |
Free Cash Flow Margin | 21.57% | 6.96% | 7.25% | 11.02% | 12.24% | 4.86% |
Free Cash Flow Per Share | 0.40 | 0.12 | 0.13 | 0.24 | 0.25 | 0.08 |
Levered Free Cash Flow | 1,880 | 551.4 | 267.37 | 1,264 | 351.3 | -117.63 |
Unlevered Free Cash Flow | 1,884 | 573.05 | 296.14 | 1,308 | 432.9 | -15.95 |
Free Cash Flow After Leases | 1,794 | 536.45 | 557.26 | 1,027 | 1,053 | 339.89 |
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 | 239.81 | 191.06 | 180.22 | 248.04 | 361.3 | 239.1 |
Change in Working Capital | 286.02 | 286.02 | -12.63 | 335.39 | 550.34 | -32.91 |