Angang Steel Company Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-4,078	-7,122	-3,255	108	6,964	1,978
Depreciation & Amortization	4,098	4,098	3,965	3,839	3,980	3,874
Other Amortization	230	230	-	-	-	-
Loss (Gain) From Sale of Assets	-92	-92	-1	-16	-52	-8
Asset Writedown & Restructuring Costs	85	85	23	41	389	86
Loss (Gain) From Sale of Investments	-551	-551	-323	-227	-340	-208
Provision & Write-off of Bad Debts	4	4	-16	-62	88	324
Other Operating Activities	-133	630	136	-48	571	712
Change in Accounts Receivable	-666	-666	3,280	-3,363	-14	1,219
Change in Inventory	1,143	1,143	-3,105	5,833	-8,383	-996
Change in Accounts Payable	1,457	1,457	1,926	687	9,127	3,269
Change in Other Net Operating Assets	16	16	-44	11	-23	9
Operating Cash Flow	1,494	-787	1,637	6,139	12,935	9,916
Operating Cash Flow Growth	-	-	-73.33%	-52.54%	30.45%	-1.04%
Capital Expenditures	-3,667	-3,251	-3,063	-4,249	-4,579	-3,778
Sale of Property, Plant & Equipment	102	90	16	21	83	22
Investment in Securities	-1,138	-1,039	-150	-100	-15	-14
Other Investing Activities	1,006	473	244	359	282	218
Investing Cash Flow	-3,697	-3,727	-2,953	-3,969	-4,229	-3,552
Long-Term Debt Issued	-	19,359	10,300	3,048	4,929	12,605
Total Debt Issued	24,116	19,359	10,300	3,048	4,929	12,605
Short-Term Debt Repaid	-	-	-	-	-70	-
Long-Term Debt Repaid	-	-13,456	-10,538	-3,192	-12,515	-16,887
Total Debt Repaid	-21,110	-13,456	-10,538	-3,192	-12,585	-16,887
Net Debt Issued (Repaid)	3,006	5,903	-238	-144	-7,656	-4,282
Issuance of Common Stock	-	-	-	-	215	6
Repurchase of Common Stock	-1	-1	-30	-4	-	-166
Common Dividends Paid	-305	-256	-300	-2,402	-1,177	-1,253
Other Financing Activities	41	93	-64	75	-76	-11
Financing Cash Flow	2,741	5,739	-632	-2,475	-8,694	-5,706
Foreign Exchange Rate Adjustments	-	-	33	-	-	-
Net Cash Flow	538	1,225	-1,915	-305	12	658
Free Cash Flow	-2,173	-4,038	-1,426	1,890	8,356	6,138
Free Cash Flow Growth	-	-	-	-77.38%	36.14%	-7.07%
Free Cash Flow Margin	-2.20%	-3.84%	-1.23%	1.44%	6.14%	6.08%
Free Cash Flow Per Share	-0.23	-0.43	-0.15	0.19	0.86	0.61
Cash Income Tax Paid	1,473	1,067	1,331	2,886	4,821	2,705
Levered Free Cash Flow	-1,779	1,053	1,816	3,139	6,085	5,184
Unlevered Free Cash Flow	-1,550	1,231	1,996	3,383	6,446	5,746
Change in Working Capital	1,931	1,931	1,108	2,504	1,335	3,158

Source: S&P Global Market Intelligence. Standard template. Financial Sources.