China Merchants Energy Shipping Co., Ltd. (SHA:601872)
China · Delayed Price · Currency is CNY 17.25
+0.16 (0.94%)
Oct 29, 2026, 1:15 PM CST
SHA:601872 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 | 14,696 | 6,012 | 5,107 | 4,837 | 5,087 | 3,609 |
Depreciation & Amortization | 3,169 | 3,169 | 2,671 | 2,375 | 2,390 | 2,451 |
Other Amortization | 650.57 | 650.57 | 509.24 | 457.47 | 448.31 | 498.33 |
Loss (Gain) From Sale of Assets | -677.66 | -677.66 | -2.85 | -50.64 | -272.44 | -500.38 |
Asset Writedown & Restructuring Costs | 33.1 | 33.1 | 8.55 | 53.08 | 27.98 | 0.47 |
Loss (Gain) From Sale of Investments | -960.44 | -960.44 | -671.04 | -655.39 | -645.54 | -705 |
Provision & Write-off of Bad Debts | -0.04 | -0.04 | -1.09 | -13.07 | 18.5 | 6.03 |
Other Operating Activities | 395.93 | 1,194 | 1,322 | 1,347 | 791.81 | 656.42 |
Change in Accounts Receivable | -696.39 | -696.39 | 463.88 | 465.18 | -570.3 | 1,617 |
Change in Inventory | 106.93 | 106.93 | -105.13 | 110.4 | 21.89 | -207.32 |
Change in Accounts Payable | 234.17 | 234.17 | -731.91 | -43.81 | -483.17 | -924.65 |
Change in Other Net Operating Assets | - | - | -106.14 | 62.36 | 180.73 | 20.38 |
Operating Cash Flow | 16,940 | 9,055 | 8,476 | 8,917 | 6,995 | 6,509 |
Operating Cash Flow Growth | 115.04% | 6.83% | -4.95% | 27.48% | 7.48% | -19.37% |
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 | -8,709 | -7,797 | -7,550 | -4,489 | -2,696 | -2,430 |
Sale of Property, Plant & Equipment | 2,165 | 1,779 | 163.46 | 194.99 | 1,007 | 2,004 |
Cash Acquisitions | -701.84 | -701.84 | - | -565.08 | - | - |
Investment in Securities | -1,501 | -1,531 | -921.39 | -193.93 | -472.21 | -4.84 |
Other Investing Activities | 3,046 | 292.29 | 445.63 | 336.42 | 340.1 | 815.57 |
Investing Cash Flow | -5,700 | -7,958 | -7,863 | -4,716 | -1,821 | 385.29 |
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 | - | 24,264 | 14,361 | 9,653 | 2,595 | 4,951 |
Long-Term Debt Repaid | - | -21,827 | -11,261 | -17,245 | -6,211 | -8,454 |
Lease Payments | -852.43 | -852.43 | -378.66 | -287.12 | -697.32 | - |
Net Debt Issued (Repaid) | 565.75 | 2,437 | 3,100 | -7,592 | -3,617 | -3,503 |
Issuance of Common Stock | - | - | - | 47.48 | 53.75 | 59.68 |
Repurchase of Common Stock | -310.55 | -310.55 | -132.48 | - | - | - |
Common Dividends Paid | -3,632 | -2,924 | -3,939 | -2,817 | -1,684 | -1,315 |
Other Financing Activities | -47.15 | -92.28 | -75.6 | -14.39 | -9.31 | -2,030 |
Financing Cash Flow | -3,424 | -889.81 | -1,047 | -10,376 | -5,257 | -6,788 |
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 | -282.39 | -75.03 | 71.46 | 37.67 | 604.62 | -186.21 |
Net Cash Flow | 7,533 | 131.59 | -361.86 | -6,138 | 521.59 | -80.67 |
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 | 8,231 | 1,258 | 925.98 | 4,429 | 4,299 | 4,079 |
Free Cash Flow Growth | 773.22% | 35.86% | -79.09% | 3.01% | 5.40% | -38.69% |
Free Cash Flow Margin | 19.94% | 4.46% | 3.59% | 17.11% | 14.47% | 16.71% |
Free Cash Flow Per Share | 1.01 | 0.15 | 0.11 | 0.55 | 0.52 | 0.54 |
Levered Free Cash Flow | 4,899 | 2,407 | -134.11 | 2,142 | 1,402 | -561.51 |
Unlevered Free Cash Flow | 5,606 | 3,115 | 635.71 | 2,935 | 1,939 | -195.05 |
Free Cash Flow After Leases | 7,379 | 405.62 | 547.32 | 4,141 | 3,602 | 4,079 |
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 | 1,088 | 635.94 | 883.76 | 568.37 | 1,117 | 321.98 |
Change in Working Capital | -366.09 | -366.09 | -467.47 | 566.83 | -850.57 | 492.9 |