SHA:600288 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	163.55	104.16	-32.02	49.91	69.54	91.94
Depreciation & Amortization	18.75	18.75	30.91	58.55	42.44	44.4
Other Amortization	5.2	5.2	1.64	1.5	2.22	3.29
Loss (Gain) From Sale of Assets	3.57	3.57	-0.34	-93.76	-15.6	-1.22
Asset Writedown & Restructuring Costs	-15.79	-15.79	12.99	40.13	-23.74	0.68
Loss (Gain) From Sale of Investments	-46.83	-46.83	-31.57	-77.63	-45.18	-86.09
Provision & Write-off of Bad Debts	-7.32	-7.32	17.66	40.62	26.86	46.55
Other Operating Activities	-52.48	49.86	36.95	6.22	38.62	11.02
Change in Accounts Receivable	31.4	31.4	118.72	127.96	-11.25	144.74
Change in Inventory	-3.19	-3.19	164.21	248.06	-31.02	-52.54
Change in Accounts Payable	-5.14	-5.14	-227.08	-400.53	-155.52	-224.5
Operating Cash Flow	97.78	140.74	90.03	3.21	-103.85	-21.16
Operating Cash Flow Growth	-35.88%	56.32%	2705.76%	-	-	-
Capital Expenditures	-1.95	-1.01	-0.93	-2.21	-11.69	-22.59
Sale of Property, Plant & Equipment	6.68	6.67	0.14	134.64	27.43	2.92
Divestitures	1.68	3.68	35.03	11.26	18.6	12.63
Investment in Securities	139.73	-9.81	-	150	-254.19	6
Other Investing Activities	37.86	35.33	26.69	72.06	48.61	41.09
Investing Cash Flow	183.99	34.85	60.92	365.76	-171.24	40.06
Short-Term Debt Issued	-	-	-	-	245.7	87.9
Long-Term Debt Issued	-	29.8	111.49	194.4	-	-
Total Debt Issued	29.9	29.8	111.49	194.4	245.7	87.9
Short-Term Debt Repaid	-	-	-	-	-	-107.98
Long-Term Debt Repaid	-	-111.4	-133.7	-241.4	-129	-
Total Debt Repaid	-98.4	-111.4	-133.7	-241.4	-129	-107.98
Net Debt Issued (Repaid)	-68.5	-81.6	-22.21	-47	116.7	-20.08
Common Dividends Paid	-	-	-5.24	-3.49	-27.61	-4.37
Other Financing Activities	64.89	39.79	-6.79	-12.73	-9.03	-12.32
Financing Cash Flow	-3.61	-41.81	-34.25	-63.22	80.07	-36.77
Foreign Exchange Rate Adjustments	0.12	0.2	0.31	0.17	-0.09	-0.35
Net Cash Flow	278.27	133.98	117.02	305.91	-195.11	-18.22
Free Cash Flow	95.83	139.72	89.09	1	-115.54	-43.75
Free Cash Flow Growth	-36.84%	56.83%	8805.83%	-	-	-
Free Cash Flow Margin	5.47%	8.02%	5.05%	0.04%	-4.98%	-1.72%
Free Cash Flow Per Share	0.22	0.32	0.20	0.00	-0.27	-0.10
Cash Interest Paid	3.95	4.3	5.3	10.82	9.05	7.51
Cash Income Tax Paid	104.89	110.56	74.95	113.64	87.98	83.15
Levered Free Cash Flow	181.8	228.23	138.38	75.96	-62.35	11.45
Unlevered Free Cash Flow	184.12	230.77	141.83	82.72	-56.7	16.15
Change in Working Capital	29.14	29.14	53.8	-22.32	-199.02	-131.73

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