CSD Water Service Co., Ltd. (SHA:603903)
China · Delayed Price · Currency is CNY 14.21
-0.40 (-2.74%)
Sep 11, 2026, 3:00 PM CST
CSD Water Service 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 | Jun '26 Jun 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 | -95.26 | -105.83 | -116.92 | 163.39 | 120.3 | 164.19 |
Depreciation & Amortization | 68.29 | 73.72 | 78.32 | 73.94 | 79.92 | 68.5 |
Other Amortization | 3.33 | 3.62 | 2.71 | 3.51 | 3.33 | 5.74 |
Loss (Gain) From Sale of Assets | -0.99 | -1.71 | -1.76 | -3.18 | -0.41 | 6.33 |
Asset Writedown & Restructuring Costs | 85.37 | 89.07 | 44.35 | 0 | - | 6.6 |
Loss (Gain) From Sale of Investments | -9.17 | -8.3 | -15.94 | -18.58 | -20.31 | -20.66 |
Provision & Write-off of Bad Debts | 115.44 | 115.44 | 71.49 | 59.34 | 41.03 | 18.96 |
Other Operating Activities | 21.89 | 33.07 | 68.73 | 89.64 | 93.38 | 86.26 |
Change in Accounts Receivable | 217.43 | 165.45 | 135.74 | -321.15 | -455.94 | -433.72 |
Change in Inventory | -10.74 | -23.22 | -35.17 | 20.58 | -21.6 | 14.92 |
Change in Accounts Payable | -74.41 | -121.09 | -15.66 | 146.29 | 179.73 | 146.66 |
Change in Other Net Operating Assets | 4.74 | 4.74 | 5.43 | -7.58 | -9.49 | -3.26 |
Operating Cash Flow | 309.03 | 197.76 | 183.51 | 197.91 | 5.32 | 62.79 |
Operating Cash Flow Growth | 148.04% | 7.77% | -7.27% | 3621.73% | -91.53% | -80.33% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | -16.05 | -15.48 | -24.21 | -53.09 | -131.03 | -272.24 |
Sale of Property, Plant & Equipment | 0.27 | 0.25 | 11.27 | 2.68 | 0.45 | 1.52 |
Cash Acquisitions | - | - | -11.1 | - | -6.24 | - |
Investment in Securities | -0.5 | -4.92 | 45.13 | -34.1 | -35.83 | -15.29 |
Other Investing Activities | 7.72 | 4.78 | 4.78 | 8.91 | 0.28 | 4.63 |
Investing Cash Flow | -8.55 | -15.37 | 25.87 | -75.59 | -172.37 | -281.38 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | - | - | - | - | - | 50 |
Long-Term Debt Issued | - | 628.03 | 979.16 | 775.03 | 998.73 | 1,204 |
Total Debt Issued | 511.44 | 628.03 | 979.16 | 775.03 | 998.73 | 1,254 |
Short-Term Debt Repaid | - | - | - | - | -50 | - |
Long-Term Debt Repaid | - | -1,009 | -1,053 | -672.4 | -750.64 | -795.23 |
Lease Payments | -18.44 | -18.44 | -11.55 | -14.06 | -16.41 | -14.19 |
Total Debt Repaid | -914.48 | -1,009 | -1,053 | -672.4 | -800.64 | -795.23 |
Net Debt Issued (Repaid) | -403.03 | -381.37 | -73.39 | 102.62 | 198.09 | 459.2 |
Issuance of Common Stock | - | - | - | - | 476.14 | - |
Repurchase of Common Stock | - | - | - | - | - | -0.54 |
Common Dividends Paid | -58.85 | -67.25 | -131.93 | -133.74 | -127.41 | -90.33 |
Other Financing Activities | 50.99 | 2.99 | -131.27 | -9.04 | -51.69 | -91.73 |
Financing Cash Flow | -410.9 | -445.63 | -336.58 | -40.15 | 495.13 | 276.6 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | -0.21 | -0.1 | 0.06 | 0.07 | 0.35 | -0.09 |
Net Cash Flow | -110.63 | -263.33 | -127.14 | 82.23 | 328.42 | 57.92 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | 292.99 | 182.28 | 159.3 | 144.82 | -125.71 | -209.45 |
Free Cash Flow Growth | 148.09% | 14.43% | 10.00% | - | - | - |
Free Cash Flow Margin | 31.49% | 17.78% | 15.06% | 9.06% | -8.76% | -14.32% |
Free Cash Flow Per Share | 1.15 | 0.71 | 0.63 | 0.57 | -0.51 | -1.03 |
Levered Free Cash Flow | 183.04 | 73.28 | 278.51 | -92.92 | -323.8 | -421.05 |
Unlevered Free Cash Flow | 224.95 | 115.18 | 330.9 | -39.02 | -276.61 | -383.72 |
Free Cash Flow After Leases | 274.54 | 163.84 | 147.75 | 130.75 | -142.12 | -223.64 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | 59.51 | 88.1 | 96.74 | 54.6 | 33.07 | 48.7 |
Change in Working Capital | 120.15 | -1.32 | 52.52 | -170.15 | -311.93 | -273.14 |