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).

0857 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 PetroChina Company Limited (0857), the free cash flow value is 79.852B.

All amounts in CNY

Operating Cash
341.47B
Capital Expenditure
-261.62B
Free Cash Flow
79.852B

PetroChina Company 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).

0857 Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for PetroChina Company Limited (HKEX:0857).

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income92.17B19.01B45.68B53.04B
Depreciation236.82B221.35B232.31B230.79B
Change To Netincome47.38B2.43B50.5B63.4B
Change To Account Receivables-8.27B14.75B-5.02B-9.28B
Change To Liabilities-10.74B17.4B41.76B50.02B
Change To Inventory-15.89B43.65B-5.62B-34.7B
Total Cash From Operating Activities341.47B318.57B359.61B353.26B
Capital Expenditures-261.62B-248.38B-319.69B-267.31B
Investments-582M-16.61B-16.25B-2.22B
Other Cashflows From Investing Activities50.37B87.11B4.41B4.77B
Total Cashflows From Investing Activities-213.03B-181.99B-332.95B-267.81B
Dividends Paid-39.87B-28.08B-30.28B-13.84B
Net Borrowings-39.36B-40.96B33.08B-65.86B
Other Cashflows From Financing Activities-28.75B-30.36B-29.68B-32.47B
Total Cash From Financing Activities-107.97B-99.4B-27.28B-125.7B
Effect Of Exchange Rate-2.31B-4.97B1.07B2.51B
Change In Cash18.16B32.22B455M-37.75B