SHA:600067 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	130.29	-667.34	-444.58	70.33	-976.27
Depreciation & Amortization	149.48	147.87	141.36	138.43	129.28
Other Amortization	5.78	7.97	6.49	4.92	6.84
Loss (Gain) From Sale of Assets	1.13	0.03	0.06	0.59	3.91
Asset Writedown & Restructuring Costs	68.25	91.41	15.19	0.98	164.32
Loss (Gain) From Sale of Investments	72.64	38.27	-107.5	-13.77	-71.87
Provision & Write-off of Bad Debts	-	24.93	15.39	-5.99	51.88
Other Operating Activities	178.91	699.56	505.33	628.17	1,111
Change in Accounts Receivable	-1,926	1,509	106.92	-2,109	-621.07
Change in Inventory	4,159	598.14	1,601	2,179	426.05
Change in Accounts Payable	-1,296	-1,671	386.47	475.35	1,960
Operating Cash Flow	1,543	773.47	2,224	1,380	2,186
Operating Cash Flow Growth	99.49%	-65.23%	61.18%	-36.86%	1590.95%
Capital Expenditures	-107.8	-100.17	-143.2	-225.13	-152.34
Sale of Property, Plant & Equipment	17.43	0.36	0.15	1.13	1.99
Divestitures	2.16	-	-	-	109.24
Investment in Securities	13.36	10.08	37.16	-1.28	290.54
Other Investing Activities	11.91	22.09	21.15	32.67	84.3
Investing Cash Flow	-62.94	-67.63	-84.75	-192.61	333.73
Long-Term Debt Issued	2,121	2,194	1,535	1,888	2,470
Short-Term Debt Repaid	-	-101.92	-69.86	-54.13	-
Long-Term Debt Repaid	-2,549	-3,304	-3,000	-2,958	-3,638
Total Debt Repaid	-2,549	-3,406	-3,069	-3,012	-3,638
Net Debt Issued (Repaid)	-428.51	-1,213	-1,535	-1,124	-1,169
Repurchase of Common Stock	-	-53.01	-	-	-
Common Dividends Paid	-453.71	-209.48	-346.5	-427.56	-605.65
Other Financing Activities	-32.47	-77.95	45.72	30.81	-142.2
Financing Cash Flow	-914.69	-1,553	-1,836	-1,521	-1,917
Foreign Exchange Rate Adjustments	-2.81	2.55	1.08	9.55	-4.79
Net Cash Flow	562.55	-844.64	305.12	-323.96	598.09
Free Cash Flow	1,435	673.3	2,081	1,155	2,033
Free Cash Flow Growth	113.16%	-67.65%	80.20%	-43.20%	3507.79%
Free Cash Flow Margin	11.58%	7.97%	21.41%	10.37%	21.50%
Free Cash Flow Per Share	0.96	0.49	1.50	0.82	1.46
Cash Income Tax Paid	202.85	359.19	487.02	699.58	947.58
Levered Free Cash Flow	1,089	515.31	1,880	411.04	471.68
Unlevered Free Cash Flow	1,089	642	2,047	580	662.29
Change in Working Capital	936.51	430.77	2,093	556.33	1,766

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