Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow (FCF).

0688 Free Cash Flow Analysis

Free cash flow, a measure commonly used by analysts to assess a company's profitability, represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

The Free Cash Flow is calculated using a number of methods including using Operating Cash Flow. Following is the formula to calculate Free Cash Flow based on Operating Cash Flow.

Free Cash Flow = Operating Cash Flow - Capital Expenditures

Using above formula to calculate Free Cash Flow for China Overseas Land & Investment Limited (0688), the free cash flow value is 22.338606B.

All amounts in CNY

Operating Cash
Capital Expenditure
Free Cash Flow

China Overseas Land & Investment Limited has a positive free cash flow as per the latest annual Cash flow statement released by the company. Positive free cash flow is cruscial for the financial health of a company, which can be used to pay dividends, expand operations, and deleverage its balance sheet (i.e., reduce debt).

0688 Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for China Overseas Land & Investment Limited (HKEX:0688).

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income40.16B43.9B41.62B37.72B
Change To Netincome-9.45B-12.17B-7.61B-211.94M
Change To Account Receivables4.91B-4.05B-2.94B-4.36B
Change To Liabilities-17.34B38.27B26.82B7.35B
Change To Inventory-1.01B-64.71B-44.59B-40.33B
Change To Operating Activities4.89B9.58B-3.63B-7.16B
Total Cash From Operating Activities22.56B11.2B9.91B-6.8B
Capital Expenditures-226.13M-312.65M-124.69M-114.62M
Other Cashflows From Investing Activities532.5M1.75B4.07B1.56B
Total Cashflows From Investing Activities-14.47B-4.04B-2.6B-6.98B
Dividends Paid-10.73B-9.97B-9.07B-7.82B
Net Borrowings33.8B26.19B19.03B28.75B
Other Cashflows From Financing Activities-8.54B-8.14B-8.48B-6.5B
Total Cash From Financing Activities14.43B8.04B1.48B14.43B
Effect Of Exchange Rate-327.68M-422.69M107.24M791.75M
Change In Cash22.2B14.77B8.9B1.44B
Repurchase Of Stock-108.41M-51.52M-51.52M-51.52M