SHA:600259 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	88.7	-298.5	203.38	232.31	139.09
Depreciation & Amortization	88.97	124.01	117.81	56.66	53.31
Other Amortization	18.21	17.41	8.1	6.58	7.7
Loss (Gain) From Sale of Assets	-0.15	0.31	-6.47	-2.56	0.01
Asset Writedown & Restructuring Costs	85.14	5.25	1.25	41.44	-0.16
Loss (Gain) From Sale of Investments	-269.32	-150.63	-138.82	-154.63	-77.58
Provision & Write-off of Bad Debts	-	8.32	10.27	0.62	-7.52
Other Operating Activities	99.07	342.61	212.54	160.91	156.42
Change in Accounts Receivable	621.54	-515.54	-200.56	-18.33	60.89
Change in Inventory	199.19	508.68	-303.6	-763.6	-253.99
Change in Accounts Payable	-23.05	-1.76	-384.6	64.38	452.62
Operating Cash Flow	927.07	-4.99	-476.75	-377.54	533.94
Operating Cash Flow Growth	-	-	-	-	18.10%
Capital Expenditures	-148.59	-191.22	-264.71	-839.18	-208.27
Sale of Property, Plant & Equipment	1.22	11.74	14.33	3.88	0.59
Cash Acquisitions	-	-	-	-	0
Divestitures	-	-	-	-	35.02
Investment in Securities	5.83	-13.35	13.84	6.9	-0.43
Other Investing Activities	80.38	114.35	0.96	2.66	0.06
Investing Cash Flow	-61.15	-78.48	-235.57	-825.74	-173.03
Long-Term Debt Issued	2,092	3,062	2,987	2,022	2,344
Long-Term Debt Repaid	-2,616	-2,926	-2,410	-2,477	-2,009
Net Debt Issued (Repaid)	-523.55	136.91	577.52	-454.73	334.72
Issuance of Common Stock	-	-	110	1,386	-
Common Dividends Paid	-61.87	-69.98	-111.09	-86.59	-91.28
Other Financing Activities	57.43	-88.68	-32.66	-65.52	-275.53
Financing Cash Flow	-528	-21.76	543.77	779.41	-32.09
Foreign Exchange Rate Adjustments	-0.4	0.64	2.66	0.07	0.71
Net Cash Flow	337.52	-104.59	-165.89	-423.81	329.53
Free Cash Flow	778.48	-196.21	-741.46	-1,217	325.67
Free Cash Flow Growth	-	-	-	-	-23.94%
Free Cash Flow Margin	13.38%	-1.56%	-3.56%	-5.32%	2.02%
Free Cash Flow Per Share	2.32	-0.58	-2.19	-3.67	1.08
Cash Income Tax Paid	137.06	80.46	223.44	207.39	92.61
Levered Free Cash Flow	1,055	414.33	-1,019	-1,120	342.21
Unlevered Free Cash Flow	1,055	468.69	-965.26	-1,058	400.62
Change in Working Capital	816.44	-53.77	-884.82	-718.87	262.68

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