China Railway Construction Heavy Industry Corporation Limited (SHA:688425)
China · Delayed Price · Currency is CNY 4.300
+0.010 (0.23%)
Jul 31, 2026, 3:00 PM CST
SHA:688425 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 | 1,399 | 1,483 | 1,508 | 1,593 | 1,844 | 1,735 |
Depreciation & Amortization | 892.62 | 892.62 | 888.82 | 802.55 | 695.07 | 586.13 |
Other Amortization | 6.16 | 6.16 | - | - | - | - |
Loss (Gain) From Sale of Assets | - | - | -1.11 | - | - | 0.09 |
Asset Writedown & Restructuring Costs | -0.41 | -0.41 | 0.13 | 0.32 | 0.09 | - |
Loss (Gain) From Sale of Investments | -196.59 | -196.59 | -189.31 | -237.33 | -213.28 | -187.75 |
Provision & Write-off of Bad Debts | 91.7 | 91.7 | 22.66 | 74.2 | 35.32 | 20.43 |
Other Operating Activities | -105.54 | 16.43 | 92.93 | 71.2 | 63.62 | 89.83 |
Change in Accounts Receivable | -677.1 | -677.1 | 284.75 | -879.3 | -184.12 | -1,450 |
Change in Inventory | -622.3 | -622.3 | -765.44 | -58.92 | -1,060 | -1,222 |
Change in Accounts Payable | 118.1 | 118.1 | 209.54 | -669.32 | -121.3 | -1,053 |
Operating Cash Flow | 895.08 | 1,101 | 2,045 | 703.53 | 1,071 | -1,484 |
Operating Cash Flow Growth | -52.66% | -46.16% | 190.62% | -34.29% | - | - |
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 | -118.97 | -82.92 | -273.25 | -1,630 | -892.97 | -476.26 |
Sale of Property, Plant & Equipment | 0.06 | 0.04 | 0.56 | 0.04 | 0 | - |
Investment in Securities | - | - | -6.8 | -1.32 | - | - |
Other Investing Activities | 0.06 | 1.32 | - | - | - | 62.75 |
Investing Cash Flow | -118.84 | -81.56 | -279.49 | -1,631 | -892.97 | -413.51 |
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 | - | 115.61 | 2,620 | 3,560 | 2,953 | 3,181 |
Long-Term Debt Repaid | - | -600.48 | -2,577 | -3,115 | -3,011 | -4,079 |
Net Debt Issued (Repaid) | -502.33 | -484.88 | 43.25 | 445.47 | -57.5 | -897.88 |
Issuance of Common Stock | - | - | - | - | - | 4,174 |
Common Dividends Paid | -482.6 | -485.18 | -539.35 | -628.91 | -588.22 | -86.06 |
Other Financing Activities | -9.34 | - | - | - | 2.66 | - |
Financing Cash Flow | -994.27 | -970.05 | -496.1 | -183.44 | -643.06 | 3,190 |
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 | -9.88 | 15.67 | -4.43 | 3.38 | 13.58 | 1.77 |
Net Cash Flow | -227.91 | 64.96 | 1,265 | -1,108 | -451.73 | 1,294 |
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 | 776.11 | 1,018 | 1,771 | -926.48 | 177.75 | -1,960 |
Free Cash Flow Growth | -53.83% | -42.53% | - | - | - | - |
Free Cash Flow Margin | 7.86% | 10.13% | 17.63% | -9.24% | 1.76% | -20.60% |
Free Cash Flow Per Share | 0.15 | 0.19 | 0.33 | -0.17 | 0.03 | -0.43 |
Levered Free Cash Flow | 679.51 | 876.33 | 1,361 | -665.91 | -494.9 | -1,107 |
Unlevered Free Cash Flow | 697.59 | 896.33 | 1,398 | -619.4 | -455.19 | -1,051 |
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 | 493.82 | 456.24 | 381.88 | 489.69 | 707.52 | 488.52 |
Change in Working Capital | -1,192 | -1,192 | -277.46 | -1,601 | -1,354 | -3,728 |