SHA:600339 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	356.24	635.46	745.87	723.62	459.38
Depreciation & Amortization	925.34	982.4	994.19	1,034	1,014
Other Amortization	120.28	60.13	114.76	137.79	115.59
Loss (Gain) From Sale of Assets	-23.55	-1.68	-173.11	-0.79	-6.04
Asset Writedown & Restructuring Costs	8.12	1.45	4.59	480.18	150.47
Loss (Gain) From Sale of Investments	-34.24	-14.4	-25.08	-31.74	-30.64
Provision & Write-off of Bad Debts	273.23	353.11	401.93	239.15	188.85
Other Operating Activities	379.92	139.54	57.24	-429.6	368.08
Change in Accounts Receivable	-2,834	-2,814	2,101	350.63	3,312
Change in Inventory	-4,309	-1,261	1,455	-5,153	-533.15
Change in Accounts Payable	11,216	-7,382	-2,566	2,545	-1,184
Operating Cash Flow	6,050	-9,341	3,047	-143.07	3,864
Capital Expenditures	-399.7	-418.09	-321.64	-336.06	-516.38
Sale of Property, Plant & Equipment	49.57	35.92	94.98	2.19	10.03
Cash Acquisitions	-	-	-573.35	-573.35	-
Investment in Securities	75.01	25.67	35.61	120.74	-266.95
Other Investing Activities	33.16	122.23	14.35	9,412	-101.61
Investing Cash Flow	-256.38	-234.26	-750.07	8,625	-874.91
Long-Term Debt Issued	3,885	7,500	3,974	1,500	1,500
Total Debt Issued	3,885	7,500	3,974	1,500	1,500
Long-Term Debt Repaid	-2,237	-276.65	-2,211	-1,667	-3,550
Total Debt Repaid	-2,237	-276.65	-2,211	-1,667	-3,550
Net Debt Issued (Repaid)	1,648	7,223	1,763	-167.32	-2,050
Common Dividends Paid	-534.74	-313.87	-271.78	-166.21	-303.29
Other Financing Activities	-8.05	-7.52	-45.4	-6.45	-130.79
Financing Cash Flow	1,105	6,902	1,446	-339.97	-2,484
Foreign Exchange Rate Adjustments	0.59	130.24	104.19	490.75	-151.23
Net Cash Flow	6,899	-2,543	3,848	8,633	353.86
Free Cash Flow	5,650	-9,759	2,726	-479.13	3,348
Free Cash Flow Margin	5.67%	-11.36%	3.39%	-0.57%	4.19%
Free Cash Flow Per Share	1.01	-1.75	0.49	-0.09	0.60
Cash Income Tax Paid	3,259	3,155	2,743	2,332	2,489
Levered Free Cash Flow	6,253	-9,156	2,930	9,001	2,067
Unlevered Free Cash Flow	6,475	-9,044	3,015	9,063	2,136
Change in Working Capital	4,044	-11,497	926.89	-2,295	1,604

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