Jiangyin Hengrun Heavy Industries Co., Ltd (SHA:603985)
China · Delayed Price · Currency is CNY 16.73
-0.32 (-1.88%)
Sep 11, 2026, 3:00 PM CST
SHA:603985 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 | 111.66 | 83.48 | -138.29 | -34.99 | 94.8 | 441.91 |
Depreciation & Amortization | 330.17 | 271.37 | 177.63 | 106.37 | 49.06 | 56.87 |
Other Amortization | 2.62 | 1.85 | 0.59 | - | 1.55 | 1.56 |
Loss (Gain) From Sale of Assets | 11.01 | 1.32 | 1.89 | 0.72 | 0.24 | -0.06 |
Asset Writedown & Restructuring Costs | 1.6 | 1.79 | - | - | - | - |
Loss (Gain) From Sale of Investments | 5.43 | 7.24 | 6.34 | -32.73 | -34.08 | -182.7 |
Provision & Write-off of Bad Debts | -1.4 | 14.16 | -2.55 | 4.36 | 7.8 | 0.23 |
Other Operating Activities | 109.38 | 49.48 | 83.68 | 73.87 | -0.74 | 33.54 |
Change in Accounts Receivable | -312.91 | -451.41 | 126.32 | -188.59 | -235.09 | -128.6 |
Change in Inventory | -782.35 | -544.56 | -105.25 | 29.47 | -218.66 | 75.57 |
Change in Accounts Payable | 333.97 | 492.33 | -230.54 | -45.22 | 179.69 | 41.22 |
Change in Other Net Operating Assets | 2.24 | 2.24 | - | - | - | - |
Operating Cash Flow | -154.61 | -63.7 | -106.13 | -114.44 | -158 | 325.51 |
Operating Cash Flow Growth | - | - | - | - | - | 34.24% |
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 | -95.77 | -79.26 | -203.78 | -1,086 | -545.25 | -336.19 |
Sale of Property, Plant & Equipment | 33.04 | 0.15 | 0.74 | 1.18 | 0.93 | 1.29 |
Cash Acquisitions | - | - | - | -0 | - | - |
Divestitures | -1 | - | 50.61 | 44.66 | - | 124.65 |
Investment in Securities | 7.5 | 4.2 | 1.86 | -30 | 1,059 | -581.93 |
Other Investing Activities | 4.3 | 3.49 | 85.02 | -26.53 | -94.17 | 13.93 |
Investing Cash Flow | -54.82 | -74.3 | -65.55 | -1,097 | 420.08 | -778.24 |
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 | - | - | - | 120 | 190.23 | - |
Long-Term Debt Issued | - | 1,265 | 838.41 | 940 | - | 414 |
Total Debt Issued | 1,458 | 1,265 | 838.41 | 1,060 | 190.23 | 414 |
Short-Term Debt Repaid | - | - | - | - | -110 | - |
Long-Term Debt Repaid | - | -956.17 | -933.66 | -211.83 | - | -899 |
Lease Payments | -2.41 | -1.46 | -3.61 | -1.78 | - | - |
Total Debt Repaid | -1,143 | -956.17 | -933.66 | -211.83 | -110 | -899 |
Net Debt Issued (Repaid) | 314.96 | 309.09 | -95.25 | 848.17 | 80.23 | -485 |
Issuance of Common Stock | 28.95 | 28.95 | - | - | - | 1,454 |
Repurchase of Common Stock | - | -50.01 | - | - | - | - |
Common Dividends Paid | -54.13 | -25.46 | -26.04 | -32.36 | -36.21 | -106.1 |
Other Financing Activities | 0.48 | - | - | 5 | - | 2.76 |
Financing Cash Flow | 290.27 | 262.57 | -121.29 | 820.81 | 44.02 | 866.06 |
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 | -6.89 | 5.72 | 1.73 | 5.55 | 7.72 | -9.08 |
Net Cash Flow | 73.95 | 130.29 | -291.24 | -385.05 | 313.82 | 404.24 |
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 | -250.37 | -142.96 | -309.92 | -1,201 | -703.26 | -10.69 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -6.67% | -3.61% | -17.96% | -64.95% | -36.16% | -0.47% |
Free Cash Flow Per Share | -0.57 | -0.33 | -0.70 | -2.73 | -1.59 | -0.03 |
Levered Free Cash Flow | 195.59 | 248.83 | -277.93 | -1,383 | -595.79 | 231.77 |
Unlevered Free Cash Flow | 232.23 | 276.88 | -259.93 | -1,372 | -594.03 | 245.26 |
Free Cash Flow After Leases | -252.78 | -144.42 | -313.53 | -1,203 | -703.26 | -10.69 |
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 | 17.15 | 9.89 | 1.15 | -45.14 | -5.78 | 168.11 |
Change in Working Capital | -725.08 | -494.39 | -235.44 | -232.05 | -276.64 | -25.83 |