China State Construction Engineering Corporation Limited (SHA:601668)

SHA:601668 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	47,142	46,187	54,264	50,950	51,549	44,925
Depreciation & Amortization	14,131	14,296	13,945	12,857	11,371	8,604
Other Amortization	830.96	726.55	499.51	445.22	585.15	453.17
Loss (Gain) From Sale of Assets	-570.64	-561.19	-226.08	-432.39	-332.74	98.76
Asset Writedown & Restructuring Costs	-590.69	111.99	641.89	558.32	-214.72	-313.89
Loss (Gain) From Sale of Investments	-379.5	-94.32	11.25	20.63	-4,706	-6,156
Provision & Write-off of Bad Debts	14,669	14,385	10,156	9,549	11,832	3,411
Other Operating Activities	37,650	41,055	38,015	35,154	37,766	34,510
Change in Accounts Receivable	-258,710	-276,319	-206,813	-133,011	-107,102	-44,644
Change in Inventory	51,523	30,770	-14,815	-48,449	-38,695	-88,317
Change in Accounts Payable	162,807	181,147	124,182	83,053	51,117	69,863
Change in Other Net Operating Assets	-22,857	-32,371	-5,633	-5,314	4,019	-2,288
Operating Cash Flow	41,712	15,774	11,030	3,829	13,990	20,274
Operating Cash Flow Growth	-	43.00%	188.07%	-72.63%	-31.00%	-
Capital Expenditures	-25,290	-25,919	-39,809	-29,260	-36,637	-52,756
Sale of Property, Plant & Equipment	10,406	8,416	2,552	2,483	2,797	3,277
Cash Acquisitions	143.56	-1,016	-1,059	1,614	-343.49	-2,497
Divestitures	1,690	290.91	31.53	88.61	3,060	20.02
Investment in Securities	-4,740	-4,201	-4,961	-723.83	-8,359	-11,795
Other Investing Activities	21,292	17,795	13,994	12,021	4,497	8,330
Investing Cash Flow	5,366	-2,511	-26,502	-11,477	-32,632	-52,629
Long-Term Debt Issued	-	640,447	758,781	516,637	436,900	293,313
Total Debt Issued	594,761	640,447	758,781	516,637	436,900	293,313
Long-Term Debt Repaid	-	-570,080	-669,582	-447,482	-344,918	-292,323
Total Debt Repaid	-583,968	-570,080	-669,582	-447,482	-344,918	-292,323
Net Debt Issued (Repaid)	10,793	70,366	89,199	69,155	91,982	989.61
Issuance of Common Stock	-	-	9,000	-	-	10,000
Repurchase of Common Stock	-20,458	-22,191	-40,572	-8,881	-26,407	-
Common Dividends Paid	-33,797	-43,904	-41,965	-34,658	-32,652	-30,879
Dividends Paid	-33,797	-43,904	-41,965	-34,658	-32,652	-30,879
Other Financing Activities	12,889	10,896	14,788	-9,095	20,047	50,707
Financing Cash Flow	-30,574	15,168	30,450	16,521	52,970	30,818
Foreign Exchange Rate Adjustments	590.95	1,781	1,152	2,058	-706.11	-2,328
Net Cash Flow	17,095	30,212	16,131	10,930	33,621	-3,866
Free Cash Flow	16,422	-10,146	-28,779	-25,431	-22,648	-32,483
Free Cash Flow Margin	0.76%	-0.46%	-1.27%	-1.24%	-1.20%	-2.01%
Free Cash Flow Per Share	0.40	-0.25	-0.69	-0.62	-0.56	-0.79
Cash Income Tax Paid	63,694	68,487	70,917	68,306	67,697	65,647
Levered Free Cash Flow	83,813	52,135	-21,532	-20,733	-17,733	-65,966
Unlevered Free Cash Flow	97,385	65,755	-8,962	-9,548	-8,969	-58,198
Change in Working Capital	-71,170	-100,332	-106,276	-105,273	-93,860	-65,258

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.