SHA:600343 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	-220.17	-187.23	-195.36	-39.96	-257.94
Depreciation & Amortization	63.58	63.32	64.05	86.85	72.7
Other Amortization	2.42	3.48	2.62	3.88	5.41
Loss (Gain) From Sale of Assets	0.44	-0.06	-2.88	-10.57	-1.26
Asset Writedown & Restructuring Costs	44.83	-0.03	-0.01	4.82	6.82
Loss (Gain) From Sale of Investments	20.51	2.39	21.35	17.29	-3.3
Provision & Write-off of Bad Debts	-	9.27	2.34	-	66.67
Other Operating Activities	18.17	16.6	68.16	22.23	21.2
Change in Accounts Receivable	-9.94	-3.48	-118.69	101.32	168.78
Change in Inventory	34.11	22.52	-18.64	182.35	49.34
Change in Accounts Payable	-15.43	15.25	70.06	-355.52	79.26
Operating Cash Flow	-47.06	-62.3	-117.43	20.64	192.29
Operating Cash Flow Growth	-	-	-	-89.27%	2551.67%
Capital Expenditures	-17.88	-26.92	-106.63	-68.97	-33.85
Sale of Property, Plant & Equipment	0.3	15.15	-	17.19	1.75
Cash Acquisitions	-	-	-16.61	-	-
Divestitures	-	-	-	-225.62	-
Investment in Securities	-	-	-	77.16	-77.17
Other Investing Activities	-	-	-	0.33	3.3
Investing Cash Flow	-17.58	-11.77	-123.25	-199.91	-105.97
Short-Term Debt Issued	-	-	-	-	405
Long-Term Debt Issued	316.4	317.96	497.5	248	-
Total Debt Issued	316.4	317.96	497.5	248	405
Short-Term Debt Repaid	-	-	-	-	-469
Long-Term Debt Repaid	-322.06	-317	-414.5	-269.8	-
Total Debt Repaid	-322.06	-317	-414.5	-269.8	-469
Net Debt Issued (Repaid)	-5.66	0.96	83	-21.8	-64
Common Dividends Paid	-9.85	-11.07	-10.58	-19.97	-9.3
Other Financing Activities	303	-	-	90	-
Financing Cash Flow	287.49	-10.11	72.42	48.23	-73.3
Net Cash Flow	222.85	-84.19	-168.26	-131.03	13.02
Free Cash Flow	-64.94	-89.22	-224.07	-48.33	158.44
Free Cash Flow Margin	-7.89%	-9.64%	-24.89%	-3.79%	12.92%
Free Cash Flow Per Share	-0.10	-0.14	-0.35	-0.07	0.25
Cash Income Tax Paid	30.2	35.23	42.4	45.05	45
Levered Free Cash Flow	69.02	-3.76	-105.98	139.71	238.14
Unlevered Free Cash Flow	69.02	2.91	-99.34	146.23	245.18
Change in Working Capital	23.16	29.98	-77.69	-63.91	281.99

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