Concord Medical Services Holdings Limited (CCM)

CCM Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-379.42	-652.08	-531.02	-768.99	-522.67
Depreciation & Amortization	164.07	153.34	155.14	152.14	125.8
Stock-Based Compensation	-	-	-	-5.92	14.68
Other Adjustments	111.37	250.32	154.42	301.05	69.48
Change in Receivables	6.15	12.02	36.45	0.64	-64.45
Changes in Inventories	-12.58	6.5	44.49	-46.75	-4.35
Changes in Accounts Payable	-122.29	93.05	15.78	113.74	262.84
Changes in Accrued Expenses	-165.6	97.5	70.84	119.06	-2.52
Changes in Income Taxes Payable	12.54	0.14	-15.13	-5.72	-0.24
Changes in Unearned Revenue	39.53	-3.09	-41.18	57.17	-193.46
Changes in Other Operating Activities	144.4	-355.45	-166.27	-133.11	-44.42
Operating Cash Flow	-201.82	-397.75	-276.47	-216.69	-359.31
Capital Expenditures	-91.3	-400.67	-115.7	-383.99	-760.58
Sale of Property, Plant & Equipment	7.5	-	0.31	5.64	212.98
Purchases of Intangible Assets	-0.03	-10.16	-4.21	-0.82	-19.71
Purchases of Investments	134.62	-306.61	-0.1	-2.3	-67.6
Proceeds from Sale of Investments	-	114.94	72.02	24.59	67.37
Payments for Business Acquisitions	-	-	-	-	1.57
Proceeds from Business Divestments	-0.01	9.06	-	238.09	-
Other Investing Activities	3.19	-	-	-	-
Investing Cash Flow	53.97	-593.44	-47.68	-118.79	-565.98
Short-Term Debt Issued	359.23	504.7	337.7	217.47	126.11
Short-Term Debt Repaid	-437.06	-360.33	-442.86	-197.6	-24.71
Net Short-Term Debt Issued (Repaid)	-77.84	144.37	-105.16	19.87	101.41
Long-Term Debt Issued	611.83	2,218	132.15	643.13	431.07
Long-Term Debt Repaid	-901.95	-1,727	-69.34	-279.92	-286.94
Net Long-Term Debt Issued (Repaid)	-290.12	491.14	62.81	363.22	144.12
Issuance of Common Stock	565.19	510.52	300	-	401.5
Repurchase of Common Stock	-	-	-	-	-4.58
Net Common Stock Issued (Repurchased)	565.19	510.52	300	-	396.92
Financing Cash Flow	197.23	1,146	257.65	383.09	642.45
Effect of Exchange Rate Changes on Cash and Cash Equivalents	12.35	-8.28	-2.43	-47.17	-4.64
Net Cash Flow	61.73	146.56	-68.92	0.43	-287.48
Free Cash Flow	-293.13	-798.42	-392.17	-600.68	-1,120
FCF Margin	-63.65%	-207.95%	-72.98%	-127.24%	-230.60%
Free Cash Flow Per Share	-67.10	-182.77	-89.77	-137.50	-256.36
Levered Free Cash Flow	-491.99	-81.42	-392.04	-234.04	-642.83
Unlevered Free Cash Flow	-288.47	-954.76	-535.49	-696.84	-1,081

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q