SHA:600266 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	-731.6	-951.04	558.89	-926.18	641.26	1,234
Depreciation & Amortization	63.84	63.84	61.87	63.25	56.14	33.14
Other Amortization	41.35	41.35	46.32	35.73	42.92	31.85
Loss (Gain) From Sale of Assets	-0.48	-0.48	-16.36	-0.45	-58.55	0.02
Asset Writedown & Restructuring Costs	130.59	130.59	96.73	-15.88	-19.72	33.98
Loss (Gain) From Sale of Investments	24.59	24.59	-390.64	1,398	540.11	-727
Provision & Write-off of Bad Debts	2.41	2.41	6.74	5.03	-2.57	14.4
Other Operating Activities	3,926	2,165	1,275	1,195	1,379	1,371
Change in Accounts Receivable	2,588	2,588	-3,887	4,056	224.48	-2,795
Change in Inventory	11,590	11,590	3,213	-4,060	-2,916	-1,256
Change in Accounts Payable	-10,002	-10,002	12,604	7,114	3,653	1,300
Operating Cash Flow	7,555	5,575	13,116	8,337	3,092	-903.76
Operating Cash Flow Growth	6.67%	-57.49%	57.32%	169.64%	-	-
Capital Expenditures	-66.71	-70.61	-108.95	-143.71	-183.99	-96.39
Sale of Property, Plant & Equipment	0	0.42	0.42	0.53	78.57	0.4
Divestitures	-	-	5.68	-	-	-291.96
Investment in Securities	-206.96	-1,628	-3.33	-2.7	598.4	-83.15
Other Investing Activities	155.1	127.35	119.84	251.52	160.12	120.98
Investing Cash Flow	-118.58	-1,571	13.66	105.64	653.09	-350.12
Long-Term Debt Issued	-	12,712	9,459	14,147	22,137	21,064
Long-Term Debt Repaid	-	-18,599	-19,781	-20,859	-18,617	-13,275
Net Debt Issued (Repaid)	-5,284	-5,886	-10,322	-6,711	3,519	7,788
Issuance of Common Stock	-	-	-	-	2,300	-
Repurchase of Common Stock	-	-	-	-	-2,702	-1,623
Common Dividends Paid	-1,634	-1,978	-2,668	-3,205	-3,198	-3,728
Other Financing Activities	217.16	60.35	-381.21	1,296	-79.04	-262.62
Financing Cash Flow	-6,701	-7,804	-13,371	-8,620	-159.43	2,175
Net Cash Flow	735.92	-3,800	-241.12	-177.42	3,586	921.08
Free Cash Flow	7,488	5,504	13,007	8,193	2,908	-1,000
Free Cash Flow Growth	6.97%	-57.68%	58.75%	181.76%	-	-
Free Cash Flow Margin	22.70%	21.63%	63.88%	33.36%	12.02%	-7.20%
Free Cash Flow Per Share	4.99	2.65	3.63	4.95	1.38	-0.36
Cash Interest Paid	-	-	-	-	-	13.43
Cash Income Tax Paid	1,312	1,855	2,851	3,383	2,319	2,281
Levered Free Cash Flow	7,895	4,517	10,511	7,207	5,213	-5,852
Unlevered Free Cash Flow	8,297	4,999	10,995	7,589	5,633	-5,131
Change in Working Capital	4,099	4,099	11,477	6,582	512.91	-2,895

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