Shenzhen SED Industry Co., Ltd. (SHE:000032)
China · Delayed Price · Currency is CNY 11.40
+0.13 (1.15%)
Nov 11, 2026, 3:04 PM CST
Shenzhen SED Industry 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 | Sep '26 Sep 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 | -98.27 | -127.07 | 329.73 | 329.64 | -158.4 | 387 |
Depreciation & Amortization | 648.39 | 648.39 | 649.76 | 607.78 | 473.86 | 463.68 |
Other Amortization | 123.12 | 123.12 | 59.12 | 60.03 | 38.09 | 29.43 |
Loss (Gain) From Sale of Assets | -20.2 | -20.2 | -154.72 | 1.66 | 6.13 | -11.8 |
Asset Writedown & Restructuring Costs | 1.79 | 1.79 | -1.64 | 7.37 | 31.23 | 0.62 |
Loss (Gain) From Sale of Investments | -46.98 | -46.98 | -151.74 | -19.05 | -80.65 | -46.12 |
Provision & Write-off of Bad Debts | 508.85 | 508.85 | 640.32 | 351.56 | 261.75 | 269.55 |
Other Operating Activities | 3,903 | 683.93 | 1,005 | 1,061 | 1,274 | 1,112 |
Change in Accounts Receivable | -2,772 | -2,772 | -12,343 | -3,035 | -4,143 | -6,921 |
Change in Inventory | -71.24 | -71.24 | -165.76 | 190.75 | -70.04 | -201.23 |
Change in Accounts Payable | 839.75 | 839.75 | 11,063 | 1,130 | 2,172 | 5,231 |
Operating Cash Flow | 2,951 | -296.56 | 820.79 | 655.31 | -246.86 | 285.85 |
Operating Cash Flow Growth | - | - | 25.25% | - | - | -79.57% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | -314.4 | -382.67 | -534.73 | -655.38 | -640.76 | -582.93 |
Sale of Property, Plant & Equipment | 6.76 | 65.4 | 98.03 | 5.45 | 0.77 | 102.82 |
Cash Acquisitions | - | - | -26.26 | 15.1 | -420.64 | - |
Divestitures | -0.8 | 127.49 | 46.91 | -14 | -12.01 | 348.08 |
Investment in Securities | 240.69 | -48.68 | 271.48 | 215.87 | -378.31 | -81.66 |
Other Investing Activities | 32.5 | 5.47 | 42.5 | 7.18 | -4.12 | 16.8 |
Investing Cash Flow | -35.24 | -232.99 | -42.09 | -425.78 | -1,455 | -196.89 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | - | - | - | - | - | 45.8 |
Long-Term Debt Issued | - | 7,078 | 8,806 | 5,820 | 8,507 | 3,462 |
Total Debt Issued | 4,614 | 7,078 | 8,806 | 5,820 | 8,507 | 3,508 |
Long-Term Debt Repaid | - | -6,690 | -7,263 | -5,866 | -6,052 | -2,525 |
Total Debt Repaid | -6,041 | -6,690 | -7,263 | -5,866 | -6,052 | -2,525 |
Net Debt Issued (Repaid) | -1,427 | 387.87 | 1,543 | -45.68 | 2,455 | 983.54 |
Issuance of Common Stock | 1,199 | 1,199 | - | - | - | 1,030 |
Common Dividends Paid | -232.05 | -474.74 | -537.27 | -522.15 | -504.6 | -349.89 |
Dividends Paid | -232.05 | -474.74 | -537.27 | -522.15 | -504.6 | -349.89 |
Other Financing Activities | -427.05 | -388.28 | 543.02 | 758.77 | 125.12 | -35.61 |
Financing Cash Flow | -887.12 | 723.83 | 1,549 | 190.95 | 2,075 | 1,628 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | -5.01 | -4.37 | 5.18 | 3.14 | 13.69 | -2.8 |
Net Cash Flow | 2,024 | 189.91 | 2,333 | 423.62 | 386.98 | 1,714 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 2,637 | -679.22 | 286.06 | -0.07 | -887.62 | -297.08 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | 4.82% | -1.38% | 0.42% | 0.00% | -1.74% | -0.67% |
Free Cash Flow Per Share | 2.21 | -0.60 | 0.25 | - | -0.78 | -0.30 |
Levered Free Cash Flow | 3,366 | -521.1 | 262.27 | 214.99 | -492.36 | -319.36 |
Unlevered Free Cash Flow | 3,576 | -276.21 | 565.18 | 518.01 | -238.31 | -110.75 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 1,205 | 1,002 | 1,199 | 1,269 | 954.97 | 956.22 |
Change in Working Capital | -2,068 | -2,068 | -1,555 | -1,745 | -2,092 | -1,918 |