SHA:600493 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	15.71	53.17	271.24	25.85	73.19
Depreciation & Amortization	58.07	49.21	49.75	57.27	47.33
Other Amortization	0.45	0.42	-	-	-
Loss (Gain) From Sale of Assets	-2.92	-88.33	-361.23	-2.45	-6.06
Asset Writedown & Restructuring Costs	15.89	-	-	-	-12.43
Loss (Gain) From Sale of Investments	-4.21	-6.05	-2.39	-1.03	-7.99
Provision & Write-off of Bad Debts	-	13.02	5.37	-1.22	1.41
Other Operating Activities	-1.27	25.71	20.33	37.17	27.66
Change in Accounts Receivable	4.93	0.94	-18.32	-36.02	32.98
Change in Inventory	10.87	-21.71	13.41	68.01	-148.8
Change in Accounts Payable	27.24	-37.8	-108.77	-17.86	141.46
Change in Other Net Operating Assets	-1.1	8.01	118.53	-50.1	-89.05
Operating Cash Flow	118.42	6.14	-22.14	82.96	75.01
Operating Cash Flow Growth	1828.47%	-	-	10.60%	-42.05%
Capital Expenditures	-70.95	-99.66	-50.59	-50.31	-181.72
Sale of Property, Plant & Equipment	17.38	50.74	465.82	2.93	108.27
Investment in Securities	-72.73	17.82	-22.72	32.62	85.87
Other Investing Activities	4.68	5.46	9.12	1.78	4.98
Investing Cash Flow	-121.62	-25.65	401.64	-12.97	17.4
Long-Term Debt Issued	188.2	177.43	202	486.14	268.41
Total Debt Issued	188.2	177.43	202	486.14	268.41
Long-Term Debt Repaid	-111.67	-212.1	-673.46	-488.98	-333.46
Total Debt Repaid	-111.67	-212.1	-673.46	-488.98	-333.46
Net Debt Issued (Repaid)	76.53	-34.67	-471.46	-2.84	-65.04
Common Dividends Paid	-19.36	-31.33	-21.24	-41.88	-23.68
Other Financing Activities	-3.39	-	-4.53	-	-
Financing Cash Flow	53.78	-66.01	-497.23	-44.72	-88.73
Foreign Exchange Rate Adjustments	2.43	7.01	-3.92	1.32	4.17
Net Cash Flow	53.01	-78.5	-121.65	26.58	7.85
Free Cash Flow	47.47	-93.52	-72.72	32.65	-106.71
Free Cash Flow Margin	5.16%	-10.06%	-7.31%	2.84%	-8.20%
Free Cash Flow Per Share	0.17	-0.34	-0.27	0.12	-0.39
Cash Income Tax Paid	-33.24	-13.39	56.65	-46.12	-51.36
Levered Free Cash Flow	74.72	-154.67	-76.14	76.49	-43.18
Unlevered Free Cash Flow	74.72	-152.3	-67.91	92.15	-30.96
Change in Working Capital	36.72	-41.03	-5.2	-32.64	-48.1

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