Guangdong Provincial Expressway Development Co., Ltd. (SHE:000429)
China · Delayed Price · Currency is CNY 12.64
+0.06 (0.48%)
Sep 11, 2026, 3:04 PM CST
SHE:000429 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 | Jan '25 Jan 1, 2025 | Jan '24 Jan 1, 2024 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 1,594 | 1,801 | 1,562 | 1,634 | 1,276 | 1,700 |
Depreciation & Amortization | 1,033 | 1,029 | 1,072 | 1,159 | 1,052 | 1,276 |
Other Amortization | 3 | 2.03 | 0.35 | 0.35 | 0.35 | 0.35 |
Loss (Gain) From Sale of Assets | -23.94 | -23.94 | 0.72 | - | -0.48 | -3.02 |
Asset Writedown & Restructuring Costs | 0.64 | 0.18 | -0.03 | 22.58 | 0.42 | 3.27 |
Loss (Gain) From Sale of Investments | -275.69 | -248.78 | -305.48 | -314.82 | -265.29 | -277.06 |
Provision & Write-off of Bad Debts | -0.55 | -0.28 | -0.18 | -0.19 | 0.65 | 2.03 |
Other Operating Activities | 792.22 | 503.65 | 843.71 | 966.94 | 852.72 | 1,009 |
Change in Accounts Receivable | -255.32 | -39.82 | -80.52 | -161.41 | -102.79 | 8.32 |
Change in Inventory | - | - | - | - | - | -0.59 |
Change in Accounts Payable | 285.33 | 54.39 | 74.29 | 452.54 | -156.03 | -123.08 |
Change in Other Net Operating Assets | 222.87 | 486.57 | 94.77 | 1.62 | - | - |
Operating Cash Flow | 3,370 | 3,559 | 3,256 | 3,832 | 2,752 | 3,670 |
Operating Cash Flow Growth | -5.08% | 9.31% | -15.02% | 39.23% | -25.01% | 39.21% |
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 | Jan '25 Jan 1, 2025 | Jan '24 Jan 1, 2024 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -3,576 | -2,430 | -2,037 | -1,539 | -875.18 | -513.66 |
Sale of Property, Plant & Equipment | 20.53 | 20.13 | 1.47 | 0.12 | 0.81 | 4.79 |
Divestitures | - | - | - | - | 28.51 | - |
Investment in Securities | -510.43 | -347.93 | -162.05 | -17.18 | -199.93 | -89.65 |
Other Investing Activities | 246.81 | 171.71 | 159.88 | 71.67 | 47.29 | 174.74 |
Investing Cash Flow | -3,819 | -2,586 | -2,037 | -1,485 | -998.5 | -423.79 |
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 | Jan '25 Jan 1, 2025 | Jan '24 Jan 1, 2024 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 0.45 | - | - | - | - |
Long-Term Debt Issued | - | 5,571 | 1,351 | 675.53 | 2,320 | 2,125 |
Total Debt Issued | 3,353 | 5,571 | 1,351 | 675.53 | 2,320 | 2,125 |
Short-Term Debt Repaid | - | -0.45 | - | - | - | - |
Long-Term Debt Repaid | - | -2,670 | -1,282 | -1,052 | -1,308 | -2,512 |
Lease Payments | -11.57 | -11.61 | -11.6 | -13.09 | -13.28 | -8.13 |
Total Debt Repaid | -419.71 | -2,670 | -1,282 | -1,052 | -1,308 | -2,512 |
Net Debt Issued (Repaid) | 2,933 | 2,901 | 69.27 | -376.23 | 1,012 | -386.91 |
Common Dividends Paid | -1,329 | -1,315 | -1,391 | -1,158 | -1,437 | -911.52 |
Dividends Paid | -1,329 | -1,315 | -1,391 | -1,158 | -1,437 | -911.52 |
Other Financing Activities | -148.22 | -326.67 | -334.72 | -395.58 | -0.5 | -1,838 |
Financing Cash Flow | 1,456 | 1,259 | -1,656 | -1,929 | -425.01 | -3,137 |
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 | Jan '25 Jan 1, 2025 | Jan '24 Jan 1, 2024 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 0.41 | 0.41 | -4.59 | -0.69 | 0.99 | -0.37 |
Net Cash Flow | 1,009 | 2,232 | -442 | 416.97 | 1,330 | 109.01 |
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 | Jan '25 Jan 1, 2025 | Jan '24 Jan 1, 2024 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -205.12 | 1,129 | 1,220 | 2,292 | 1,877 | 3,156 |
Free Cash Flow Growth | - | -7.41% | -46.79% | 22.14% | -40.53% | 59.71% |
Free Cash Flow Margin | -4.59% | 25.27% | 26.69% | 46.98% | 45.02% | 59.68% |
Free Cash Flow Per Share | -0.10 | 0.54 | 0.59 | 1.09 | 0.90 | 1.50 |
Levered Free Cash Flow | -997.89 | -287.61 | 722.95 | 786.54 | 1,839 | 1,059 |
Unlevered Free Cash Flow | -906.61 | -208.76 | 833.29 | 920.5 | 1,988 | 1,236 |
Free Cash Flow After Leases | -216.7 | 1,118 | 1,208 | 2,279 | 1,864 | 3,148 |
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 | Jan '25 Jan 1, 2025 | Jan '24 Jan 1, 2024 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Income Tax Paid | 852.16 | 799.08 | 861.5 | 732.38 | 695.59 | 901.81 |
Change in Working Capital | 247.5 | 496.12 | 83.43 | 364.32 | -164.69 | -41.61 |