Zheshang Securities Co., Ltd. (SHA:601878)
China · Delayed Price · Currency is CNY 8.65
-0.02 (-0.23%)
Nov 13, 2026, 3:00 PM CST
Zheshang Securities 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 | 2,806 | 2,412 | 1,932 | 1,754 | 1,654 | 2,196 |
Depreciation & Amortization, Total | 395.9 | 395.9 | 359.08 | 320.96 | 297.31 | 254.94 |
Gain (Loss) On Sale of Investments | -251.46 | -251.46 | -281.54 | 53.16 | 183.99 | -233.92 |
Change in Accounts Receivable | -33,422 | -33,422 | 399.02 | -5,976 | -14,319 | -9,098 |
Change in Accounts Payable | 22,255 | 22,255 | -4,083 | 6,819 | 9,978 | 23,590 |
Other Operating Activities | 1,949 | 1,452 | 1,102 | 1,080 | 1,010 | 984.35 |
Operating Cash Flow | -2,399 | -3,290 | 6,288 | 5,910 | 523.06 | 1,726 |
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 | -480.33 | -495.65 | -286.5 | -244.36 | -248.88 | -254.28 |
Investment in Securities | - | - | -4,651 | -109.09 | -39.85 | 23.08 |
Other Investing Activities | 62.6 | 7,286 | - | - | - | 4 |
Investing Cash Flow | -417.11 | 6,791 | -4,938 | -352.44 | -288.4 | -219.24 |
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 | - | 2,528 | 1,298 | 640.95 | 747.4 | 108.76 |
Long-Term Debt Issued | - | 40,835 | 18,743 | 26,069 | 20,889 | 33,164 |
Total Debt Issued | 49,412 | 43,362 | 20,042 | 26,710 | 21,636 | 33,273 |
Short-Term Debt Repaid | - | -28,567 | -11,366 | -22,443 | -22,231 | -29,217 |
Long-Term Debt Repaid | - | -202.73 | -160.54 | -144.82 | -140.07 | -107.96 |
Lease Payments | -202.73 | -202.73 | -160.54 | -144.82 | -140.07 | -107.96 |
Total Debt Repaid | -36,253 | -28,770 | -11,527 | -22,588 | -22,371 | -29,325 |
Net Debt Issued (Repaid) | 13,159 | 14,592 | 8,515 | 4,123 | -734.82 | 3,948 |
Issuance of Common Stock | - | - | - | - | - | 2,801 |
Repurchase of Common Stock | - | - | - | -405.14 | - | - |
Common Dividends Paid | -2,039 | -1,832 | -1,327 | -1,175 | -1,400 | -1,431 |
Other Financing Activities | -58.09 | -35.23 | - | - | 1,729 | - |
Financing Cash Flow | 11,062 | 12,725 | 7,187 | 2,543 | -405.92 | 5,318 |
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 | -60.26 | -19.36 | 6.42 | 3.91 | 21.79 | -4.96 |
Net Cash Flow | 8,186 | 16,207 | 8,544 | 8,105 | -149.48 | 6,819 |
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 | -2,879 | -3,785 | 6,001 | 5,666 | 274.17 | 1,471 |
Free Cash Flow Growth | - | - | 5.92% | 1966.55% | -81.37% | - |
Free Cash Flow Margin | -29.09% | -43.08% | 93.14% | 32.23% | 1.64% | 8.98% |
Free Cash Flow Per Share | -0.63 | -0.83 | 1.43 | 1.36 | 0.07 | 0.39 |
Free Cash Flow After Leases | -3,082 | -3,988 | 5,841 | 5,521 | 134.1 | 1,363 |
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 Interest Paid | 386.49 | 854.15 | 697.13 | 861 | 837.21 | 773.03 |
Cash Income Tax Paid | 1,653 | 1,320 | 727.65 | 907.36 | 1,287 | 1,294 |