Skip to main content
logo
Shandong Chenming Paper Holdings Limited (SHE:000488)
China flag China · Delayed Price · Currency is CNY
2.000
-0.050 (-2.44%)
Sep 15, 2026, 3:04 PM CST

SHE:000488 Cash Flow Statement

Millions CNY. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
-5,224-8,296-7,411-1,281189.292,066
Depreciation & Amortization
2,2632,3302,3722,3202,3182,425
Other Amortization
57.7957.7417.294.584.683.96
Loss (Gain) From Sale of Assets
-78.56-9.61-55.41-14.61-161.09-51.56
Asset Writedown & Restructuring Costs
272.5660.11494.91.97-4.970.75
Loss (Gain) From Sale of Investments
905.721,574793.76-476.33116.57148.21
Provision & Write-off of Bad Debts
233.47300.49738.796.45--
Other Operating Activities
2,5782,7593,9672,1312,3132,652
Change in Accounts Receivable
893.191,970795.69348.5332.273,208
Change in Inventory
-1,375-682.561,877741.33-406.34-156.41
Change in Accounts Payable
83.94-175.86-864.87871.65-1,025-1,691
Operating Cash Flow
-219.71243.212,6234,3903,4508,582
Operating Cash Flow Growth
--90.73%-40.25%27.25%-59.80%-23.78%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-46.44-3.21-69.44-314.38-885.44-632.61
Sale of Property, Plant & Equipment
38.0946.4920.43210.12232.39217.79
Cash Acquisitions
--508.96--4.93-368-127.46
Divestitures
821.47330.19503.9499.33-306.24
Investment in Securities
0.840.217.311.6-1,461320.33
Other Investing Activities
2.241.383.5766.5637.5481.43
Investing Cash Flow
816.2-133.9465.858.29-2,445165.72

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
-----200
Long-Term Debt Issued
-19,16928,47034,39736,16228,150
Total Debt Issued
16,94119,16928,47034,39736,16228,350
Long-Term Debt Repaid
--23,916-35,339-37,323-36,042-34,511
Lease Payments
-185.27-185.27-2,136-2,769-2,238-2,253
Total Debt Repaid
-17,445-23,916-35,339-37,323-36,042-34,511
Net Debt Issued (Repaid)
-504.29-4,747-6,869-2,927119.5-6,162
Issuance of Common Stock
98----190.79
Repurchase of Common Stock
---67.39-1,066-11.76-
Preferred Dividends Paid
------323.39
Common Dividends Paid
-909.36-1,001-1,922-2,080-2,252-3,290
Dividends Paid
-909.36-1,001-1,922-2,080-2,252-3,613
Other Financing Activities
765.455,6265,133289.44162.834,144
Financing Cash Flow
-550.2-122.06-3,725-5,784-1,981-9,940

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
-2.71-1.8923.64-59.72-33.25-27.37
Net Cash Flow
43.57-14.65-612.29-1,395-1,009-1,220

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
-266.15239.992,5544,0762,5647,949
Free Cash Flow Growth
--90.60%-37.34%58.93%-67.74%-27.77%
Free Cash Flow Margin
-2.43%3.88%11.24%15.32%8.01%24.07%
Free Cash Flow Per Share
-0.090.080.871.340.772.69
Levered Free Cash Flow
3,0804,8866,1624,6671,9082,215
Unlevered Free Cash Flow
3,9715,8887,3305,8593,2093,683
Free Cash Flow After Leases
-451.4254.72417.931,307326.625,697

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Income Tax Paid
280.41188.13417.99698.61407.341,367
Change in Working Capital
-958.34866.781,7061,609-1,3251,337