SHA:600106 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	229.81	157.45	211.47	202.9	255.72	227.23
Depreciation & Amortization	3.78	3.78	5.05	5.04	14.27	14.28
Loss (Gain) From Sale of Assets	-0	-0	0	-0	-0	-0
Asset Writedown & Restructuring Costs	0	0	25.79	-0	-	-
Loss (Gain) From Sale of Investments	-136.64	-136.64	-200.85	-190.55	-198.5	-184.86
Provision & Write-off of Bad Debts	-	-	-	-1.18	1.18	-3.25
Other Operating Activities	-21.75	65.23	77.95	96.03	97.23	80.11
Change in Accounts Receivable	63.91	63.91	64.04	76.59	42.4	507.68
Change in Inventory	-2.57	-2.57	-1.18	-1.13	-1.3	-0.95
Change in Accounts Payable	-2.39	-2.39	-7.75	7.4	-17.22	13.44
Operating Cash Flow	133.03	147.65	172.53	186.64	194.19	696.11
Operating Cash Flow Growth	-15.02%	-14.42%	-7.56%	-3.89%	-72.10%	-
Capital Expenditures	-0.02	-0.01	-0.02	-0.05	-0.02	-0.08
Sale of Property, Plant & Equipment	-	-	-	0.03	0	0
Divestitures	-	-	-	-	-	472.09
Investment in Securities	-105.9	-70.15	-6.13	-15.52	167.31	16.8
Other Investing Activities	140.68	73.12	73.63	69.14	77.28	96.15
Investing Cash Flow	34.75	2.97	67.48	53.6	244.58	584.98
Long-Term Debt Issued	-	600	800	1,100	900	800
Long-Term Debt Repaid	-	-708	-1,208	-1,208	-1,008	-1,040
Net Debt Issued (Repaid)	-325.55	-108	-408	-108	-108	-240.28
Common Dividends Paid	-98.86	-128.26	-146.76	-169.39	-161.95	-191.64
Other Financing Activities	-	-	315	0.27	-315.27	609.8
Financing Cash Flow	-424.41	-236.26	-239.76	-277.12	-585.22	177.88
Net Cash Flow	-256.62	-85.64	0.25	-36.87	-146.46	1,459
Free Cash Flow	133.01	147.65	172.52	186.59	194.17	696.03
Free Cash Flow Growth	-15.03%	-14.41%	-7.54%	-3.90%	-72.10%	-
Free Cash Flow Margin	117.79%	130.62%	147.79%	153.80%	117.84%	345.02%
Free Cash Flow Per Share	0.10	0.11	0.13	0.14	0.14	0.52
Cash Income Tax Paid	48.3	38.98	48.33	31.66	42.72	29.72
Levered Free Cash Flow	18.32	-33.21	-10.98	19.75	-12	483.19
Unlevered Free Cash Flow	49.82	6.91	37.29	79.38	48.8	548.24
Change in Working Capital	57.83	57.83	53.11	74.4	24.29	562.6

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