China Automotive Engineering Research Institute Co., Ltd. (SHA:601965)
China · Delayed Price · Currency is CNY 14.64
+0.32 (2.23%)
Nov 5, 2026, 3:00 PM CST
SHA:601965 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 | 1,086 | 1,058 | 899.54 | 836.17 | 689.14 | 691.67 |
Depreciation & Amortization | 415.22 | 428.32 | 410.02 | 350.07 | 302.87 | 278.88 |
Other Amortization | 57.68 | 44.57 | 12.51 | 9.8 | 5.16 | 4.17 |
Loss (Gain) From Sale of Assets | -0.09 | -0.38 | -14.62 | -0.23 | -0.04 | -94.67 |
Asset Writedown & Restructuring Costs | 1.59 | 1.88 | 1.99 | 0.72 | 1.07 | 1.35 |
Loss (Gain) From Sale of Investments | -8.54 | -8.54 | 30.05 | -53.59 | -0.82 | 1.15 |
Provision & Write-off of Bad Debts | 70.19 | 70.19 | 87.74 | 52.88 | 66.54 | 16.86 |
Other Operating Activities | 308.01 | 100.89 | 101.46 | 56.55 | 43.88 | 48.13 |
Change in Accounts Receivable | -560.09 | -560.09 | -635.51 | -336.74 | -429.61 | -260.04 |
Change in Inventory | 18.96 | 18.96 | -91.11 | -33.2 | -3.38 | 16.7 |
Change in Accounts Payable | 46.02 | 46.02 | -311.29 | -8.32 | 98.18 | -5.27 |
Change in Other Net Operating Assets | 7.77 | 7.77 | 20.43 | 27.66 | 23.23 | 19.74 |
Operating Cash Flow | 1,463 | 1,227 | 501.09 | 890.45 | 799.63 | 708.75 |
Operating Cash Flow Growth | 113.24% | 144.91% | -43.73% | 11.36% | 12.82% | -0.03% |
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 | -1,007 | -972.1 | -724.67 | -498.08 | -487.69 | -365.86 |
Sale of Property, Plant & Equipment | 0.3 | 0.55 | 33.93 | 0.26 | 0.08 | 120.69 |
Investment in Securities | -144.95 | 31.96 | 55.11 | - | -63.5 | -1.95 |
Other Investing Activities | 6.23 | 223.65 | 11.4 | 469.36 | 224.67 | 3.67 |
Investing Cash Flow | -1,146 | -715.93 | -624.23 | -28.45 | -326.45 | -243.45 |
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 | - | 1,232 | 18.73 | 21.9 | 14.38 | - |
Long-Term Debt Repaid | - | -185.36 | -50.18 | -23.62 | -8.71 | -12.92 |
Lease Payments | -92.44 | -92.44 | -42.09 | -13.09 | -5.63 | -0.1 |
Net Debt Issued (Repaid) | 340.9 | 1,046 | -31.45 | -1.72 | 5.67 | -12.92 |
Issuance of Common Stock | - | - | - | - | 183.71 | 12.87 |
Repurchase of Common Stock | -5.22 | -5.22 | -5.47 | -3.8 | -2.49 | -3.39 |
Common Dividends Paid | -368.27 | -461.52 | -361.55 | -301.37 | -296.83 | -297.14 |
Other Financing Activities | -13.05 | 0.93 | -42.74 | -44.4 | -7.03 | 21.75 |
Financing Cash Flow | -45.65 | 580.35 | -441.21 | -351.29 | -116.97 | -278.84 |
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 | -0.02 | 0.01 | -0.01 | 0.01 | 0.06 | -0.01 |
Net Cash Flow | 271.58 | 1,092 | -564.36 | 510.72 | 356.27 | 186.45 |
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 | 455.67 | 255.1 | -223.58 | 392.38 | 311.94 | 342.89 |
Free Cash Flow Growth | - | - | - | 25.79% | -9.02% | - |
Free Cash Flow Margin | 8.70% | 5.14% | -4.72% | 9.58% | 9.48% | 8.94% |
Free Cash Flow Per Share | 0.46 | 0.26 | -0.23 | 0.40 | 0.32 | 0.35 |
Levered Free Cash Flow | 377.11 | 63.81 | -170.13 | 331.48 | 256.29 | 153.35 |
Unlevered Free Cash Flow | 381.16 | 80.03 | -161.46 | 333 | 257.16 | 153.83 |
Free Cash Flow After Leases | 363.23 | 162.66 | -265.67 | 379.29 | 306.31 | 342.78 |
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 | 280.82 | 311.95 | 370.16 | 260.76 | 241.78 | 256.46 |
Change in Working Capital | -467.41 | -467.41 | -1,028 | -361.9 | -308.16 | -238.79 |