China Merchants Property Operation & Service Co., Ltd. (SHE:001914)
China · Delayed Price · Currency is CNY 8.78
-0.06 (-0.68%)
Sep 15, 2026, 3:04 PM CST
SHE:001914 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 | 655.35 | 654.58 | 840.5 | 735.73 | 593.51 | 512.87 |
Depreciation & Amortization | 63 | 66.68 | 78.96 | 85.6 | 70.15 | 59.93 |
Other Amortization | 42.94 | 41.7 | 47.6 | 40.34 | 43.78 | 42.57 |
Loss (Gain) From Sale of Assets | -4.61 | -3.33 | -2.5 | -0.59 | 0.99 | -1.07 |
Asset Writedown & Restructuring Costs | 15.07 | 14.94 | 0.24 | -4.49 | 8.46 | -105.77 |
Loss (Gain) From Sale of Investments | -2.02 | -3.42 | -4.82 | -13.68 | -44.91 | -4.48 |
Provision & Write-off of Bad Debts | 48.52 | 46.3 | 38.17 | 36.85 | 32.95 | 26.48 |
Other Operating Activities | 284.89 | 286.78 | 78.73 | 104.8 | 156.09 | 218.32 |
Change in Accounts Receivable | -1,004 | -449.4 | -59.35 | 310.31 | -514.28 | -581.56 |
Change in Inventory | 32.91 | 30.37 | -29.06 | 47.75 | 167.21 | 175.17 |
Change in Accounts Payable | 1,167 | 960.6 | 858.29 | 492.68 | 464.54 | 313.15 |
Operating Cash Flow | 1,293 | 1,641 | 1,834 | 1,816 | 995.1 | 702.74 |
Operating Cash Flow Growth | -38.03% | -10.55% | 0.99% | 82.53% | 41.60% | -29.18% |
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 | -22.27 | -19.12 | -23.82 | -30.57 | -28.2 | -18.58 |
Sale of Property, Plant & Equipment | 7.87 | 7.97 | 1.27 | 0.82 | 1.71 | 0.86 |
Cash Acquisitions | - | - | - | - | -60.7 | 11 |
Divestitures | - | - | - | - | 726.3 | - |
Investment in Securities | -40.83 | -36.25 | -6.98 | -11.07 | -17.69 | -288.18 |
Other Investing Activities | 154.08 | 98.35 | -91.22 | 1.51 | 2.61 | 0.48 |
Investing Cash Flow | 98.84 | 50.95 | -120.76 | -39.31 | 624.02 | -294.42 |
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 |
Long-Term Debt Issued | - | 844.6 | 1,329 | 1,470 | 2,260 | 2,098 |
Total Debt Issued | 516.73 | 844.6 | 1,329 | 1,470 | 2,260 | 2,098 |
Short-Term Debt Repaid | - | - | - | -60.27 | - | -36.92 |
Long-Term Debt Repaid | - | -1,194 | -2,521 | -1,872 | -2,474 | -2,423 |
Lease Payments | -33.51 | -33.37 | -36.38 | -40.83 | -19 | -34.52 |
Total Debt Repaid | -726.98 | -1,194 | -2,521 | -1,932 | -2,474 | -2,460 |
Net Debt Issued (Repaid) | -210.25 | -349.34 | -1,192 | -462.1 | -214 | -361.33 |
Issuance of Common Stock | - | - | 30 | - | - | - |
Repurchase of Common Stock | -62.15 | -68.12 | -9.89 | - | - | - |
Common Dividends Paid | -289.22 | -298.08 | -273.17 | -215.26 | -222.63 | -259.22 |
Other Financing Activities | -12.55 | -21.41 | -20.07 | 82.5 | -82.11 | -22.17 |
Financing Cash Flow | -574.18 | -736.95 | -1,465 | -594.86 | -518.74 | -642.72 |
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 | -1.64 | -0.79 | 0.59 | 0.18 | - | - |
Net Cash Flow | 816.16 | 954.16 | 248.94 | 1,182 | 1,100 | -234.4 |
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 | 1,271 | 1,622 | 1,811 | 1,786 | 966.9 | 684.16 |
Free Cash Flow Growth | -38.47% | -10.42% | 1.39% | 84.70% | 41.33% | -28.51% |
Free Cash Flow Margin | 6.39% | 8.42% | 10.54% | 11.43% | 7.42% | 6.46% |
Free Cash Flow Per Share | 1.20 | 1.53 | 1.71 | 1.68 | 0.91 | 0.65 |
Levered Free Cash Flow | 1,377 | 1,383 | 1,581 | 1,452 | 950.05 | 45.47 |
Unlevered Free Cash Flow | 1,386 | 1,399 | 1,611 | 1,512 | 1,023 | 135.71 |
Free Cash Flow After Leases | 1,237 | 1,588 | 1,774 | 1,745 | 947.9 | 649.64 |
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 | 951.01 | 923.92 | 802.99 | 699.69 | 683.65 | 571.14 |
Change in Working Capital | 189.99 | 536.73 | 757.54 | 831.85 | 134.06 | -46.1 |