ZhongHe Shangda Aeronautic Materials Co., Ltd. (SHE:301522)
China · Delayed Price · Currency is CNY 19.77
+0.05 (0.25%)
At close: Nov 11, 2026
SHE:301522 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 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Net Income | 78.07 | 100.52 | 161.58 | 150.81 | 69.13 | 18.69 |
Depreciation & Amortization | 77.75 | 78.15 | 69.11 | 61.39 | 39.66 | 40.75 |
Other Amortization | 1.34 | 0.93 | - | - | 0.05 | 0.04 |
Loss (Gain) From Sale of Assets | 0 | 0 | - | -0.09 | -0 | 35.36 |
Asset Writedown & Restructuring Costs | 3.15 | 3.15 | 0.24 | 0.28 | 6.67 | 9.13 |
Loss (Gain) From Sale of Investments | -1.62 | -1.62 | -4.32 | -0.6 | - | - |
Provision & Write-off of Bad Debts | 13 | 13 | 16.32 | 4.21 | 5.98 | -0.79 |
Other Operating Activities | -141.45 | 28.45 | 25.47 | 54.36 | 15.18 | 11.73 |
Change in Accounts Receivable | -177.55 | -177.55 | -176.47 | -254.25 | -121.16 | 36.8 |
Change in Inventory | -28.24 | -28.24 | -65.5 | -175.51 | -79.54 | -28.33 |
Change in Accounts Payable | -25.5 | -25.5 | 57.16 | 238.93 | 82.48 | -106.25 |
Operating Cash Flow | -202.81 | -10.47 | 82.71 | 77.12 | 25.61 | 17.11 |
Operating Cash Flow Growth | - | - | 7.25% | 201.12% | 49.70% | 151.16% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Capital Expenditures | -258.08 | -289.89 | -50.05 | -96.17 | -63.64 | -146.09 |
Sale of Property, Plant & Equipment | 0.22 | - | - | 0.28 | 0.01 | 63.69 |
Investment in Securities | 70 | -71 | - | - | - | - |
Other Investing Activities | 0.62 | 0.48 | 0.01 | - | - | - |
Investing Cash Flow | -187.25 | -360.41 | -50.03 | -95.89 | -63.63 | -82.4 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Long-Term Debt Issued | - | 683.1 | 421.28 | 430.7 | 170 | 120 |
Long-Term Debt Repaid | - | -531.32 | -596.74 | -310.32 | -153.26 | -86.98 |
Lease Payments | -1.01 | -1.01 | -2.64 | -18.92 | - | - |
Net Debt Issued (Repaid) | 394.02 | 151.78 | -175.46 | 120.39 | 16.74 | 33.02 |
Issuance of Common Stock | - | - | 584.89 | - | - | - |
Common Dividends Paid | -52.78 | -64.71 | -28.55 | -30.8 | -21.95 | -16.46 |
Other Financing Activities | -1.04 | -2.82 | -22.66 | -0.87 | - | 3 |
Financing Cash Flow | 340.2 | 84.25 | 358.22 | 88.71 | -5.21 | 19.56 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Foreign Exchange Rate Adjustments | -0.25 | 0.03 | 0.04 | - | - | - |
Net Cash Flow | -50.11 | -286.59 | 390.93 | 69.94 | -43.23 | -45.74 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Free Cash Flow | -460.89 | -300.36 | 32.66 | -19.05 | -38.03 | -128.98 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -18.07% | -12.48% | 1.30% | -0.94% | -4.17% | -23.05% |
Free Cash Flow Per Share | -1.24 | -0.81 | 0.11 | -0.07 | -0.14 | -0.47 |
Levered Free Cash Flow | -460.56 | -235.44 | 98.38 | - | -58.41 | -320.9 |
Unlevered Free Cash Flow | -456.9 | -221.31 | 116.31 | - | -48.89 | -313.53 |
Free Cash Flow After Leases | -461.91 | -301.37 | 30.02 | -37.97 | -38.03 | -128.98 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Cash Income Tax Paid | 13.35 | 17.8 | 34.2 | 19.91 | 7.62 | 11.92 |
Change in Working Capital | -233.06 | -233.06 | -185.68 | -193.24 | -111.05 | -97.8 |