SHA:600155 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	158.56	61.76	462.31	379.37	968.34	658.33
Depreciation & Amortization, Total	156.71	156.71	168.99	154.58	154.95	61.23
Gain (Loss) On Sale of Investments	280.75	280.75	-262.32	171.93	-744.9	14.78
Change in Accounts Receivable	-192.81	-192.81	-667.48	1,568	1,907	520.65
Change in Accounts Payable	3,746	3,746	-160.88	-1,066	1,669	3,206
Change in Other Net Operating Assets	-	-	-	-	154.32	21.71
Other Operating Activities	-3,029	462.35	517.23	630.03	702.3	633.82
Operating Cash Flow	569.18	3,964	1,594	-912.86	2,929	1,791
Capital Expenditures	-148.94	-149.14	-97.95	-88.46	-107.58	-92.54
Cash Acquisitions	589.41	589.41	-	-	-	-
Investment in Securities	-265.03	-588.81	196.57	-503.42	-891.72	219.35
Other Investing Activities	-563.02	13.32	116.72	124.28	134.5	151.95
Investing Cash Flow	-387.85	-135.15	215.49	-467.5	-863.09	279.88
Long-Term Debt Issued	-	8,114	7,209	5,154	6,693	4,021
Total Debt Issued	6,855	8,114	7,209	5,154	6,693	4,021
Short-Term Debt Repaid	-	-	-	-6,340	-6,372	-3,824
Long-Term Debt Repaid	-	-7,529	-8,136	-106.16	-105.2	-
Total Debt Repaid	-4,820	-7,529	-8,136	-6,446	-6,477	-3,824
Net Debt Issued (Repaid)	2,034	584.8	-927.72	-1,292	216.24	197.02
Issuance of Common Stock	-	-	-	2,989	431.38	50.66
Repurchase of Common Stock	-23.54	-23.54	-222.26	-82.3	-498.38	-501.83
Common Dividends Paid	-379.05	-469.48	-557.66	-583.54	-628.36	-645.28
Other Financing Activities	72.67	-18.98	-8.45	-18.83	-1.75	-
Financing Cash Flow	1,704	72.81	-1,716	1,012	-480.87	-899.44
Foreign Exchange Rate Adjustments	0.35	1.41	0.25	1.3	-0.35	-0.99
Net Cash Flow	1,886	3,903	93.92	-367.02	1,585	1,171
Free Cash Flow	420.23	3,815	1,496	-1,001	2,822	1,699
Free Cash Flow Growth	-75.43%	154.95%	-	-	66.12%	553.24%
Free Cash Flow Margin	13.14%	114.53%	50.11%	-39.88%	75.25%	52.31%
Free Cash Flow Per Share	0.20	1.85	0.68	-0.58	1.66	0.98
Cash Interest Paid	518.55	661.14	667.18	580.77	663.71	784.06
Cash Income Tax Paid	605.69	651.94	684.01	658.68	999.01	895.16

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.