China Merchants Shekou Industrial Zone Holdings Co., Ltd. (SHE:001979)
China · Delayed Price · Currency is CNY 7.46
-0.18 (-2.36%)
Aug 21, 2026, 3:06 PM CST
SHE:001979 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 | 617.46 | 1,024 | 4,039 | 6,319 | 4,264 | 10,372 |
Depreciation & Amortization | 4,004 | 4,004 | 3,432 | 3,111 | 2,632 | 2,002 |
Other Amortization | 278.79 | 278.79 | 216.86 | 236.1 | 229 | 186.47 |
Loss (Gain) From Sale of Assets | -49.25 | -49.25 | -34.16 | 0.2 | -5.88 | -6.78 |
Asset Writedown & Restructuring Costs | 224.79 | 224.79 | 185.27 | 5.61 | 1,199 | 780.91 |
Loss (Gain) From Sale of Investments | -1,197 | -1,197 | -3,130 | -2,471 | -1,924 | -3,028 |
Provision & Write-off of Bad Debts | 74.39 | 74.39 | 67.34 | 91.48 | 51.43 | 48.63 |
Other Operating Activities | 12,224 | 6,795 | 7,968 | 7,033 | 12,432 | 10,466 |
Change in Accounts Receivable | 1,117 | 1,117 | 6,729 | -2,061 | 5,914 | 4,692 |
Change in Inventory | 36,013 | 36,013 | 69,311 | 41,558 | 18,283 | -27,562 |
Change in Accounts Payable | -38,121 | -38,121 | -56,358 | -24,301 | -20,199 | 30,175 |
Operating Cash Flow | 14,716 | 9,693 | 31,964 | 31,431 | 22,174 | 25,977 |
Operating Cash Flow Growth | -56.44% | -69.67% | 1.70% | 41.75% | -14.64% | -5.96% |
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 | -3,092 | -3,483 | -5,703 | -6,591 | -32,274 | -10,007 |
Sale of Property, Plant & Equipment | 2,925 | 18.95 | 4.76 | 6.65 | 228.04 | 4.75 |
Cash Acquisitions | 2,990 | 2,990 | 2,050 | 1,123 | -3,679 | -977.12 |
Divestitures | 1,678 | 1,416 | 980.51 | 1,625 | 836.85 | 2,326 |
Investment in Securities | -5,333 | -3,552 | 5,134 | -8,825 | -6,590 | -15,823 |
Other Investing Activities | 4,155 | 321.47 | 690.75 | 420.49 | 30,279 | 200.51 |
Investing Cash Flow | 3,324 | -2,287 | 3,158 | -12,241 | -10,014 | -24,277 |
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 |
Short-Term Debt Issued | - | 8,095 | 5,597 | 12,113 | - | 32,402 |
Long-Term Debt Issued | - | 113,716 | 122,741 | 129,094 | 136,743 | 122,046 |
Total Debt Issued | 116,267 | 121,811 | 128,337 | 141,207 | 136,743 | 154,448 |
Short-Term Debt Repaid | - | -13,469 | -13,996 | -36,314 | - | -57,050 |
Long-Term Debt Repaid | - | -115,882 | -116,079 | -119,846 | -113,690 | -114,224 |
Total Debt Repaid | -128,919 | -129,351 | -130,076 | -156,160 | -113,690 | -171,274 |
Net Debt Issued (Repaid) | -12,652 | -7,540 | -1,739 | -14,953 | 23,054 | -16,825 |
Issuance of Common Stock | - | - | - | 19,075 | 2,090 | 18,074 |
Repurchase of Common Stock | -7,843 | -7,843 | -9,059 | -7,730 | -8,016 | -9,728 |
Common Dividends Paid | -8,651 | -8,863 | -11,157 | -10,582 | -13,232 | -14,107 |
Other Financing Activities | 8,133 | 2,451 | -1,451 | -3,163 | -9,771 | 11,425 |
Financing Cash Flow | -21,014 | -21,795 | -23,405 | -17,353 | -5,874 | -11,161 |
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 | -31.37 | -12.44 | -1.59 | -39.83 | 186.62 | -151.58 |
Net Cash Flow | -3,005 | -14,402 | 11,714 | 1,797 | 6,472 | -9,612 |
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 | 11,624 | 6,211 | 26,261 | 24,840 | -10,100 | 15,970 |
Free Cash Flow Growth | -58.77% | -76.35% | 5.72% | - | - | -31.72% |
Free Cash Flow Margin | 7.36% | 4.01% | 14.67% | 14.19% | -5.52% | 9.94% |
Free Cash Flow Per Share | 1.34 | 0.69 | 2.92 | 2.56 | -0.97 | 1.79 |
Levered Free Cash Flow | -1,839 | -6,468 | 26,220 | 2,042 | -21,942 | -33,163 |
Unlevered Free Cash Flow | 478.22 | -4,189 | 28,468 | 4,166 | -19,362 | -30,358 |
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 Interest Paid | 66.54 | 66.54 | 37.72 | 108.44 | 178.88 | 104.13 |
Cash Income Tax Paid | 13,494 | 13,086 | 18,128 | 25,763 | 24,822 | 26,365 |
Change in Working Capital | -1,461 | -1,461 | 19,220 | 17,105 | 3,296 | 5,155 |