SHA:600340 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	-23,476	-4,817	-6,028	1,588	-39,030
Depreciation & Amortization	593.87	655.42	767.72	907.69	1,073
Other Amortization	241.26	289.48	235.33	272.63	592.79
Loss (Gain) From Sale of Assets	-200.51	178.86	23.03	122.32	-1
Asset Writedown & Restructuring Costs	8,034	124.42	33.8	602.07	1,978
Loss (Gain) From Sale of Investments	-934.78	-8,457	-5,562	-26,268	1,924
Provision & Write-off of Bad Debts	-	7,411	5,299	3,117	3,643
Other Operating Activities	15,753	8,873	8,819	15,099	28,971
Change in Accounts Receivable	4,094	5,908	1,971	-1,135	494.08
Change in Inventory	12,273	11,791	18,114	23,210	29,479
Change in Accounts Payable	-15,997	-21,421	-22,628	-19,912	-25,607
Change in Other Net Operating Assets	192.83	11.28	122.65	618.73	-119.18
Operating Cash Flow	-3,573	-2,422	-1,646	137.19	-2,646
Capital Expenditures	-0.46	-41.18	-42.63	-716.49	-1,164
Sale of Property, Plant & Equipment	787.72	502.75	1,061	1,003	115.33
Cash Acquisitions	-	-1,082	-	-1.11	-
Divestitures	1,679	3,995	-480.13	1,249	1,491
Investment in Securities	488.3	236.55	31.18	363.55	434.05
Other Investing Activities	38.1	45.3	-	396.7	47.27
Investing Cash Flow	2,993	3,764	662.87	2,311	923.95
Long-Term Debt Issued	10	25	-	60.97	549.8
Long-Term Debt Repaid	-744.13	-1,384	-4,183	-2,736	-8,767
Net Debt Issued (Repaid)	-734.13	-1,359	-4,183	-2,675	-8,217
Repurchase of Common Stock	-	-	-	-	-176.21
Common Dividends Paid	-134	-32.53	-111.82	-257.68	-1,236
Other Financing Activities	-63.07	-608.51	-557.42	-973.86	-1,273
Financing Cash Flow	-931.2	-2,000	-4,852	-3,907	-10,902
Foreign Exchange Rate Adjustments	-30.16	-1.64	17.46	57.62	-50.51
Net Cash Flow	-1,541	-659.61	-5,817	-1,401	-12,675
Free Cash Flow	-3,573	-2,463	-1,688	-579.3	-3,810
Free Cash Flow Margin	-41.53%	-10.37%	-4.70%	-1.81%	-8.82%
Free Cash Flow Per Share	-0.92	-0.63	-0.43	-0.15	-0.99
Cash Income Tax Paid	1,189	1,475	1,335	1,320	5,509
Levered Free Cash Flow	37,465	19,074	-2,042	-44,720	47,466
Unlevered Free Cash Flow	37,465	24,388	3,688	-36,215	58,737
Change in Working Capital	-3,584	-6,681	-5,233	4,696	-1,797

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