Zhejiang Expressway Co., Ltd.
ZHEXF · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $8,857,582 | $7,851,538 | $7,542,261 | $8,164,125 |
| Dep. & Amort. | $3,812,426 | $3,705,043 | $3,384,990 | $3,218,465 |
| Deferred Tax | $0 | $0 | $0 | $0 |
| Stock-Based Comp. | $0 | $0 | $0 | $0 |
| Change in WC | -$1,020,539 | $952,655 | $1,415,118 | -$5,522,054 |
| Other Non-Cash | -$2,567,444 | -$2,694,907 | -$4,700,997 | -$3,037,541 |
| Operating Cash Flow | $9,082,025 | $9,814,329 | $7,641,372 | $2,822,995 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$818,447 | -$1,283,516 | -$1,585,480 | -$956,028 |
| Net Acquisitions | -$714,067 | -$1,735,553 | $2,157,237 | -$337,583 |
| Inv. Purchases | -$19,124,106 | -$20,896,313 | -$886,221 | -$150,000 |
| Inv. Sales/Matur. | $5,277,586 | $6,486,146 | $200,000 | $249,757 |
| Other Inv. Act. | $48,584 | $813,088 | $3,061,608 | $597,412 |
| Investing Cash Flow | -$15,330,450 | -$16,616,148 | $2,947,144 | -$596,442 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $6,118,214 | $3,081,065 | -$2,625,573 | $5,869,063 |
| Stock Issued | $0 | $6,128,918 | $0 | $0 |
| Stock Repurch. | $0 | -$405,138 | $0 | $0 |
| Dividends Paid | -$1,927,130 | -$1,642,803 | -$1,632,065 | -$1,533,306 |
| Other Fin. Act. | -$847,039 | -$523,855 | $410,594 | $1,951,545 |
| Financing Cash Flow | $3,344,045 | $6,638,187 | -$3,847,044 | $6,287,302 |
| Forex Effect | $6,420 | $3,907 | $21,787 | -$4,963 |
| Net Chg. in Cash | -$2,897,960 | -$159,725 | $6,763,259 | $8,508,892 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $23,830,440 | $23,990,165 | $17,153,977 | $8,645,085 |
| End Cash | $20,932,480 | $23,830,440 | $23,917,236 | $17,153,977 |
| Free Cash Flow | $8,157,658 | $8,401,706 | $6,055,892 | $1,866,967 |