Shanghai Research Institute of Building Sciences Group Co., Ltd. (SHA:603153)

SHA:603153 Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	372.87	368.12	362.07	315.76	275.6	279.02
Depreciation & Amortization	153.27	151.76	145.46	98.7	94.33	82.07
Other Amortization	5.51	6.22	4.23	1.97	1.8	2.96
Loss (Gain) From Sale of Assets	-2.05	-1.88	0.05	-0.43	-0.27	-1.52
Asset Writedown & Restructuring Costs	3.61	0.77	16.13	9.39	0.11	21.86
Loss (Gain) From Sale of Investments	-6.83	-4.64	-15.77	-5.24	-1.13	-2.22
Provision & Write-off of Bad Debts	116.82	139.78	138.47	84.68	53.84	-
Other Operating Activities	65.64	31.53	32.84	15.83	24.9	19.21
Change in Accounts Receivable	-335.81	-311.71	-291.04	-185.18	-256.63	-175.28
Change in Inventory	-13.98	0.54	-1.52	-0.59	-7.27	5.28
Change in Accounts Payable	76.67	94.9	41.56	22.87	31.6	-59.48
Change in Other Net Operating Assets	-0.03	-0.03	-0.03	-0.02	-0.04	-0.03
Operating Cash Flow	415.89	458.32	412.7	345.41	211.5	158.41
Operating Cash Flow Growth	12.64%	11.05%	19.48%	63.31%	33.51%	-38.51%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-89.79	-113.86	-181.14	-144.1	-101.01	-106.56
Sale of Property, Plant & Equipment	1.16	1.13	1.44	0.64	0.83	2.31
Cash Acquisitions	-118.86	-257.23	-65.33	-1.76	-15.68	-11.89
Divestitures	-	-	-30.03	-	-0.13	-
Investment in Securities	456.7	4.44	-29.49	-0.05	-	-0.45
Other Investing Activities	-697.25	9.43	18.78	14.87	6.46	104.19
Investing Cash Flow	-448.03	-356.09	-285.78	-129.03	-109.53	-12.4

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	0.15	31.4	4	2	2
Long-Term Debt Issued	-	45	41	-	-	-
Total Debt Issued	65.43	45.15	72.4	4	2	2
Short-Term Debt Repaid	-	-30.25	-1	-6	-2	-
Long-Term Debt Repaid	-	-79.15	-71.51	-15.98	-16.94	-
Total Debt Repaid	-121.92	-109.4	-72.51	-21.98	-18.94	-
Net Debt Issued (Repaid)	-56.5	-64.25	-0.11	-17.98	-16.94	2
Issuance of Common Stock	69.93	-	-	616.23	-	-
Repurchase of Common Stock	-	-5.26	-94.98	-	-	-
Common Dividends Paid	-106.87	-110.61	-107.76	-86.22	-0.14	-70.98
Other Financing Activities	-13.44	-38.94	-95.38	-35.95	-63.69	-60.72
Financing Cash Flow	-106.88	-219.07	-298.24	476.09	-80.78	-129.7

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	0.16	0.18	0	-0.05	0.1	-1.72
Net Cash Flow	-138.86	-116.66	-171.31	692.41	21.29	14.58

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	326.1	344.45	231.56	201.31	110.49	51.85
Free Cash Flow Growth	49.05%	48.75%	15.03%	82.20%	113.11%	-57.20%
Free Cash Flow Margin	6.51%	6.89%	4.70%	5.02%	3.11%	1.51%
Free Cash Flow Per Share	0.78	0.85	0.57	0.51	0.31	0.15
Levered Free Cash Flow	170.03	315.01	153.26	71.32	-59.46	74.95
Unlevered Free Cash Flow	173.75	322.48	161.74	73.19	-57.62	76.02

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Income Tax Paid	337.23	336.14	324.37	251.35	254.02	242.3
Change in Working Capital	-292.96	-233.35	-270.78	-175.26	-237.66	-242.97

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 18, 2026

Data Sources Report a data error