Beijing SPC Environment Protection Tech Co., Ltd. (SHE:002573)
China · Delayed Price · Currency is CNY 2.880
0.00 (0.00%)
Nov 11, 2026, 3:04 PM CST
SHE:002573 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 | Jan '22 Jan 1, 2022 |
Net Income | -403.04 | -420.78 | -374.55 | 127.37 | 447.66 | 568.22 |
Depreciation & Amortization | 1,140 | 1,140 | 1,019 | 846.74 | 814.77 | 752.5 |
Other Amortization | 19.88 | 19.88 | 22.11 | 23.57 | 42.24 | 36.24 |
Loss (Gain) From Sale of Assets | -14.71 | -14.71 | -1.19 | 25.18 | 0.1 | -14.09 |
Asset Writedown & Restructuring Costs | 145.29 | 145.29 | 99.06 | 13.37 | 13.67 | 3.94 |
Loss (Gain) From Sale of Investments | -36.44 | -36.44 | -49.36 | -70.75 | -88.98 | -87.9 |
Provision & Write-off of Bad Debts | 279.98 | 279.98 | 244.38 | 194.81 | 108.03 | 55.79 |
Other Operating Activities | 640.09 | 628.82 | 592.52 | 569.87 | 651.08 | 425.18 |
Change in Accounts Receivable | -403.06 | -403.06 | 418.95 | -914.73 | 388.3 | -1,899 |
Change in Inventory | 240.43 | 240.43 | -379.09 | 269.16 | -415.24 | -59.14 |
Change in Accounts Payable | 5.73 | 5.73 | -112 | -124.33 | -928.18 | 487.33 |
Change in Other Net Operating Assets | 13.38 | 13.38 | -3.08 | 14.04 | 14.97 | - |
Operating Cash Flow | 1,534 | 1,505 | 1,492 | 876.95 | 1,054 | 289.7 |
Operating Cash Flow Growth | 1.03% | 0.88% | 70.09% | -16.79% | 263.80% | -47.78% |
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 | Jan '22 Jan 1, 2022 |
Capital Expenditures | -434.29 | -427.23 | -569.07 | -1,040 | -1,046 | -539.72 |
Sale of Property, Plant & Equipment | 35.86 | 30.57 | 10.21 | 1.8 | 10.21 | 21.04 |
Cash Acquisitions | -5.74 | -11.38 | -125.76 | -65.07 | -405.64 | -208.55 |
Divestitures | 135.29 | 28.51 | 0 | 0 | - | 63.08 |
Investment in Securities | -75.14 | -31.67 | -85.48 | -31.03 | 150.61 | -289.14 |
Other Investing Activities | 47.38 | 6.95 | 32.05 | 25.34 | 18.54 | 12.31 |
Investing Cash Flow | -296.64 | -404.25 | -738.05 | -1,109 | -1,272 | -940.98 |
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 | Jan '22 Jan 1, 2022 |
Long-Term Debt Issued | - | 6,506 | 5,646 | 6,563 | 6,477 | 7,477 |
Total Debt Issued | 6,313 | 6,506 | 5,646 | 6,563 | 6,477 | 7,477 |
Long-Term Debt Repaid | - | -6,828 | -5,992 | -6,062 | -5,690 | -4,472 |
Lease Payments | -25.89 | -25.89 | -32.69 | -41.73 | -31.62 | -26.57 |
Total Debt Repaid | -6,894 | -6,828 | -5,992 | -6,062 | -5,690 | -4,472 |
Net Debt Issued (Repaid) | -581.02 | -322.53 | -345.82 | 500.89 | 786.49 | 3,005 |
Issuance of Common Stock | - | - | - | - | 101.54 | 1,574 |
Repurchase of Common Stock | -28.24 | -28.24 | -30.72 | -1.59 | - | - |
Common Dividends Paid | -317.65 | -379.49 | -556.14 | -573.11 | -567.64 | -651.45 |
Other Financing Activities | -40.91 | -82.77 | -62.23 | -47.47 | -37.94 | -2,243 |
Financing Cash Flow | -967.81 | -813.02 | -994.91 | -121.29 | 282.44 | 1,683 |
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 | Jan '22 Jan 1, 2022 |
Foreign Exchange Rate Adjustments | -0.94 | -0.86 | 0.85 | 2.94 | -2.32 | -0.23 |
Net Cash Flow | 268.35 | 286.59 | -240.5 | -350.38 | 61.77 | 1,032 |
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 | Jan '22 Jan 1, 2022 |
Free Cash Flow | 1,099 | 1,077 | 922.54 | -163.07 | 7.93 | -250.02 |
Free Cash Flow Growth | -2.76% | 16.80% | - | - | - | - |
Free Cash Flow Margin | 12.17% | 11.82% | 10.56% | -1.89% | 0.10% | -3.63% |
Free Cash Flow Per Share | 0.77 | 0.76 | 0.66 | -0.11 | 0.01 | -0.19 |
Levered Free Cash Flow | 895.22 | 1,001 | 1,217 | -619.43 | -974.73 | -1,470 |
Unlevered Free Cash Flow | 1,120 | 1,243 | 1,491 | -351.93 | -683.02 | -1,242 |
Free Cash Flow After Leases | 1,074 | 1,052 | 889.85 | -204.81 | -23.69 | -276.59 |
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 | Jan '22 Jan 1, 2022 |
Cash Income Tax Paid | 657.85 | 616.32 | 672.51 | 427.53 | 371.31 | 237.39 |
Change in Working Capital | -236.96 | -236.96 | -60.78 | -853.2 | -934.63 | -1,450 |