SHA:600343 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	-213.22	-187.23	-195.36	-39.96	-257.94	27.61
Depreciation & Amortization	63.32	63.32	64.05	86.85	72.7	72.58
Other Amortization	3.48	3.48	2.62	3.88	5.41	5.93
Loss (Gain) From Sale of Assets	-0.06	-0.06	-2.88	-10.57	-1.26	-13.6
Asset Writedown & Restructuring Costs	-0.03	-0.03	-0.01	4.82	6.82	0
Loss (Gain) From Sale of Investments	2.39	2.39	21.35	17.29	-3.3	-0.94
Provision & Write-off of Bad Debts	9.27	9.27	2.34	-	66.67	12.45
Other Operating Activities	75.66	16.6	68.16	22.23	21.2	9.55
Change in Accounts Receivable	-3.48	-3.48	-118.69	101.32	168.78	463.12
Change in Inventory	22.52	22.52	-18.64	182.35	49.34	129.24
Change in Accounts Payable	15.25	15.25	70.06	-355.52	79.26	-698.48
Operating Cash Flow	-29.22	-62.3	-117.43	20.64	192.29	7.25
Operating Cash Flow Growth	-	-	-	-89.27%	2551.67%	-
Capital Expenditures	-17.13	-26.92	-106.63	-68.97	-33.85	-27.66
Sale of Property, Plant & Equipment	0.3	15.15	-	17.19	1.75	22.53
Cash Acquisitions	-	-	-16.61	-	-	-
Divestitures	-	-	-	-225.62	-	-
Investment in Securities	-	-	-	77.16	-77.17	54.65
Other Investing Activities	-	-	-	0.33	3.3	0.94
Investing Cash Flow	-16.83	-11.77	-123.25	-199.91	-105.97	50.44
Short-Term Debt Issued	-	-	-	-	405	343
Long-Term Debt Issued	-	317.96	497.5	248	-	-
Total Debt Issued	365.96	317.96	497.5	248	405	343
Short-Term Debt Repaid	-	-	-	-	-469	-264
Long-Term Debt Repaid	-	-317	-414.5	-269.8	-	-
Total Debt Repaid	-293.2	-317	-414.5	-269.8	-469	-264
Net Debt Issued (Repaid)	72.76	0.96	83	-21.8	-64	79
Common Dividends Paid	-10.54	-11.07	-10.58	-19.97	-9.3	-14.85
Other Financing Activities	-	-	-	90	-	-61.78
Financing Cash Flow	62.22	-10.11	72.42	48.23	-73.3	2.37
Net Cash Flow	16.17	-84.19	-168.26	-131.03	13.02	60.07
Free Cash Flow	-46.36	-89.22	-224.07	-48.33	158.44	-20.41
Free Cash Flow Margin	-5.51%	-9.64%	-24.89%	-3.79%	12.92%	-1.63%
Free Cash Flow Per Share	-0.07	-0.14	-0.35	-0.07	0.25	-0.03
Cash Income Tax Paid	23.86	35.23	42.4	45.05	45	47.05
Levered Free Cash Flow	53.46	-3.76	-105.98	139.71	238.14	40.28
Unlevered Free Cash Flow	59.92	2.91	-99.34	146.23	245.18	48.37
Change in Working Capital	29.98	29.98	-77.69	-63.91	281.99	-106.35

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