SHA:600583 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	2,112	2,161	1,621	1,459	369.8
Depreciation & Amortization	1,595	1,410	1,334	1,095	1,056
Other Amortization	94.87	139.49	96.84	62.04	29.59
Loss (Gain) From Sale of Assets	-0.12	-0.2	0.55	-0.11	-14.06
Asset Writedown & Restructuring Costs	-69.11	5.9	8.74	0.67	13.73
Loss (Gain) From Sale of Investments	-165.31	-308.52	-375.83	-714.76	359.65
Provision & Write-off of Bad Debts	-	-10.72	227.01	44.51	22.23
Other Operating Activities	-79.91	21.35	8.11	-18.12	63.16
Change in Accounts Receivable	470.04	-2,185	836.07	-923.44	1,081
Change in Inventory	88.86	189.98	347.26	77.13	-123.87
Change in Accounts Payable	-414.21	2,529	1,268	2,133	115.53
Change in Other Net Operating Assets	-36.04	-19.68	-58.54	-76.05	-28.72
Operating Cash Flow	3,594	3,850	5,125	3,313	3,033
Operating Cash Flow Growth	-6.66%	-24.87%	54.67%	9.24%	50.10%
Capital Expenditures	-1,088	-947.18	-847.08	-469.77	-1,137
Sale of Property, Plant & Equipment	0.08	0.81	-	2.95	21.03
Divestitures	-	-	6.06	-	-
Investment in Securities	1,000	-2,500	-1,399	-2,293	-1,978
Other Investing Activities	244.12	341.72	289.89	941.59	148.64
Investing Cash Flow	156.5	-3,105	-1,950	-1,818	-2,946
Long-Term Debt Issued	-	-	221.94	90	386.34
Long-Term Debt Repaid	-	-125.47	-817.86	-332.96	-531.42
Net Debt Issued (Repaid)	-	-125.47	-595.92	-242.96	-145.08
Common Dividends Paid	-888.92	-650.16	-450.54	-362.28	-323.67
Other Financing Activities	-286.47	-	-5.31	-1.19	-0.07
Financing Cash Flow	-1,175	-775.63	-1,052	-606.43	-468.82
Foreign Exchange Rate Adjustments	-20.81	45.7	19.21	27.06	-20.04
Net Cash Flow	2,554	15.66	2,142	915.94	-401.19
Free Cash Flow	2,506	2,903	4,278	2,844	1,896
Free Cash Flow Growth	-13.68%	-32.14%	50.43%	50.00%	39.71%
Free Cash Flow Margin	9.23%	9.69%	13.91%	9.69%	9.58%
Free Cash Flow Per Share	0.56	0.66	0.98	0.64	0.43
Cash Income Tax Paid	867.53	909.12	752.17	496.66	304.4
Levered Free Cash Flow	461.46	2,297	4,170	2,983	2,126
Unlevered Free Cash Flow	461.46	2,310	4,176	2,991	2,137
Change in Working Capital	107.13	431.58	2,205	1,385	1,133

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