Shanghai Shine-Link International Logistics Co., Ltd. (SHA:603648)
China · Delayed Price · Currency is CNY 8.98
+0.18 (2.05%)
Jul 31, 2026, 3:00 PM CST
SHA:603648 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 | Mar '26 Mar 31, 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 | 124.77 | 123.19 | 130.9 | 153.12 | 162.07 | 145.51 |
Depreciation & Amortization | 163.51 | 163.51 | 180.45 | 176.2 | 152.14 | 137.14 |
Other Amortization | 5.43 | 5.43 | 4.05 | 5.73 | 6.05 | 6.61 |
Loss (Gain) From Sale of Assets | -0.12 | -0.12 | 0.16 | 0.31 | -1.94 | -0.92 |
Asset Writedown & Restructuring Costs | 0.06 | 0.06 | 0.19 | 0.15 | 0.11 | 0.22 |
Loss (Gain) From Sale of Investments | -5.09 | -5.09 | -5.17 | -34.55 | -34.15 | -25.09 |
Provision & Write-off of Bad Debts | -1.82 | -1.82 | 7.38 | 4.4 | 9.36 | 1.17 |
Other Operating Activities | 59.5 | 14.48 | 20.78 | 17.87 | 10.05 | 16.8 |
Change in Accounts Receivable | -33.47 | -33.47 | -130.95 | -19.83 | -20.09 | -42.48 |
Change in Inventory | 1.4 | 1.4 | 47.31 | -18.3 | -11.57 | 2.47 |
Change in Accounts Payable | 43.41 | 43.41 | 0.56 | 45 | 20.42 | 11.59 |
Change in Other Net Operating Assets | - | - | - | -1.13 | -0.3 | 0.44 |
Operating Cash Flow | 354.1 | 307.52 | 254.12 | 328.79 | 288.85 | 252.93 |
Operating Cash Flow Growth | 126.63% | 21.01% | -22.71% | 13.83% | 14.20% | 3.72% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | -102.22 | -89.27 | -81.67 | -160.91 | -138.97 | -22.95 |
Sale of Property, Plant & Equipment | 0.46 | 0.34 | 0.64 | 0.22 | 0.43 | 1.66 |
Cash Acquisitions | - | - | - | -14.78 | - | - |
Divestitures | - | - | - | -5.69 | - | - |
Investment in Securities | -55.15 | -34.46 | 59.67 | 166.07 | 30.61 | -82.98 |
Other Investing Activities | 48.87 | 48.34 | 1.63 | 18.1 | 14.32 | 13.45 |
Investing Cash Flow | -108.04 | -75.04 | -19.73 | 3.02 | -93.61 | -90.82 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | - | 42.63 | 154.19 | 20 | - | - |
Total Debt Issued | 73.22 | 42.63 | 154.19 | 20 | - | - |
Long-Term Debt Repaid | - | -248.13 | -141.91 | -218.97 | -93.55 | -76.49 |
Total Debt Repaid | -198.13 | -248.13 | -141.91 | -218.97 | -93.55 | -76.49 |
Net Debt Issued (Repaid) | -124.91 | -205.5 | 12.28 | -198.97 | -93.55 | -76.49 |
Repurchase of Common Stock | - | - | - | - | -45.02 | -9.98 |
Common Dividends Paid | -110.59 | -110.82 | -127.91 | -126.88 | -108.72 | -66.36 |
Other Financing Activities | 1.79 | 13.08 | -4.73 | -3.9 | 0.65 | 0.21 |
Financing Cash Flow | -233.71 | -303.24 | -120.36 | -329.75 | -246.64 | -152.62 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | -0.93 | -0.12 | -0.17 | 0.71 | 3.43 | -1.46 |
Net Cash Flow | 11.43 | -70.88 | 113.86 | 2.77 | -47.98 | 8.04 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | 251.88 | 218.25 | 172.45 | 167.88 | 149.88 | 229.98 |
Free Cash Flow Growth | 202.77% | 26.55% | 2.73% | 12.01% | -34.83% | 48.84% |
Free Cash Flow Margin | 16.19% | 14.20% | 11.35% | 10.29% | 9.15% | 14.44% |
Free Cash Flow Per Share | 0.69 | 0.60 | 0.48 | 0.46 | 0.41 | 0.62 |
Levered Free Cash Flow | 414.28 | 402.44 | -87.09 | 116.19 | 86.11 | 203.88 |
Unlevered Free Cash Flow | 419.95 | 408.27 | -79.51 | 125.15 | 93.15 | 211.15 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | 69.74 | 68.19 | 71.5 | 45.39 | 47.53 | 72.42 |
Change in Working Capital | 7.86 | 7.86 | -84.62 | 5.56 | -14.84 | -28.52 |