Shenzhen Water Planning & Design Institute Co., Ltd. (SHE:301038)

SHE:301038 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Net Income	61.72	52.71	52.83	-29.66	-29.31	106.14
Depreciation & Amortization	16.93	19.06	25.51	43.48	67.91	69.59
Other Amortization	12.66	10.52	6.91	12.05	30.69	36.45
Loss (Gain) From Sale of Assets	-0	-0	-0	-0.01	0.02	0.1
Asset Writedown & Restructuring Costs	0.06	0.06	1.09	0.09	165.37	59.07
Loss (Gain) From Sale of Investments	-1.39	-1.39	-6.28	-4.9	-5.48	-7.22
Provision & Write-off of Bad Debts	42.3	42.3	37.42	127.69	-	-
Other Operating Activities	-5.39	0.18	0.77	0.44	1.43	1.87
Change in Accounts Receivable	65.95	-23.71	-43.13	-148.96	-199.71	-152.32
Change in Inventory	-	-	21.65	-21.65	38.5	-31.88
Change in Accounts Payable	-112.88	-23.21	66.22	106.01	59.38	12.73
Operating Cash Flow	73.23	69.79	156.17	64.35	102.32	85.26
Operating Cash Flow Growth	68.44%	-55.31%	142.69%	-37.11%	20.00%	-63.23%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Capital Expenditures	-9.22	-27.92	-56.62	-45.45	-92.66	-90.62
Sale of Property, Plant & Equipment	0.14	0.02	0.23	0.03	0.01	0.03
Cash Acquisitions	-	-	-	-	0	-
Investment in Securities	61.9	-151.69	-	-1.1	-1.75	2.71
Other Investing Activities	8.58	4.13	5.23	1.1	-	-
Investing Cash Flow	61.4	-175.45	-51.17	-45.42	-94.4	-87.88

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Short-Term Debt Issued	-	11.95	6	-	16	4
Long-Term Debt Issued	-	-	-	6.88	-	-
Total Debt Issued	15	11.95	6	6.88	16	4
Short-Term Debt Repaid	-	-7.95	-6.88	-	-20.04	-10.26
Long-Term Debt Repaid	-	-3.89	-5.76	-27.48	-	-
Lease Payments	-3.89	-3.89	-5.76	-	-	-
Total Debt Repaid	-13.89	-11.84	-12.64	-27.48	-20.04	-10.26
Net Debt Issued (Repaid)	1.11	0.11	-6.64	-20.6	-4.04	-6.26
Issuance of Common Stock	-	-	-	-	-	194.02
Repurchase of Common Stock	-3.04	-3.04	-	-	-	-
Common Dividends Paid	-15.72	-16.03	-0.22	-1.32	-43.93	-0.1
Other Financing Activities	0.96	-	-	3	-0.63	-14.73
Financing Cash Flow	-16.68	-18.96	-6.86	-18.93	-48.61	172.93

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Foreign Exchange Rate Adjustments	-0.01	-0.01	-	-	-	-
Net Cash Flow	117.93	-124.64	98.14	0	-40.69	170.3

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Free Cash Flow	64.01	41.87	99.54	18.9	9.66	-5.36
Free Cash Flow Growth	610.92%	-57.93%	426.71%	95.67%	-	-
Free Cash Flow Margin	7.60%	5.34%	11.65%	2.46%	1.04%	-0.57%
Free Cash Flow Per Share	0.29	0.19	0.45	0.09	0.04	-0.03
Levered Free Cash Flow	102.97	29.57	113.9	-22.25	77.64	-93.16
Unlevered Free Cash Flow	103.03	29.84	114.55	-21.42	78.54	-91.99
Free Cash Flow After Leases	60.12	37.98	93.78	18.9	9.66	-5.36

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Cash Income Tax Paid	40.92	33.61	30.18	40.26	31.17	43.54
Change in Working Capital	-53.66	-53.66	37.91	-84.81	-128.32	-180.73

Data Source: S&P Global Market Intelligence Last updated: Oct 25, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 29, 2026

Data Sources Report a data error