SHA:600589 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	43.71	-22.13	82.57	-745.44	-718.72	-1,226
Depreciation & Amortization	40.4	40.4	34.38	38.06	47.29	75.13
Other Amortization	43.57	43.57	67.62	6.11	2.33	1.36
Loss (Gain) From Sale of Assets	-27.74	-27.74	-0.17	39.32	-	-
Asset Writedown & Restructuring Costs	9.15	9.15	23.36	16.46	270.01	545.4
Loss (Gain) From Sale of Investments	-63.47	-63.47	-347.33	-0.72	2.61	-0.25
Provision & Write-off of Bad Debts	5.35	5.35	-3.08	312.32	17.91	267.12
Other Operating Activities	-235.81	-115.16	80.25	189.68	83.91	87.24
Change in Accounts Receivable	123.14	123.14	61.13	588.79	182.92	-348.28
Change in Inventory	-	-	-	158.48	74.23	354.27
Change in Accounts Payable	35.32	35.32	-11.25	-434.71	-385.57	-96.45
Operating Cash Flow	-30.22	24.6	-12.61	168.32	-418.19	-325.11
Capital Expenditures	-1,125	-97.22	-34.63	-25.69	-8.76	-82.71
Sale of Property, Plant & Equipment	171.47	145.72	0.35	5.58	0.33	-
Cash Acquisitions	-	-11.33	-	-	-	-
Investment in Securities	-	-	-	-	6.02	16.54
Other Investing Activities	-0.03	-	-	0.93	3.09	0.53
Investing Cash Flow	-953.16	37.16	-34.27	-19.19	0.7	-65.64
Long-Term Debt Issued	-	420	-	-	544	1,339
Total Debt Issued	1,158	420	-	-	544	1,339
Long-Term Debt Repaid	-	-1,430	-23.82	-21.59	-628.44	-1,193
Total Debt Repaid	-743.44	-1,430	-23.82	-21.59	-628.44	-1,193
Net Debt Issued (Repaid)	414.13	-1,010	-23.82	-21.59	-84.44	145.99
Issuance of Common Stock	24.99	-	1,082	-	-	-
Common Dividends Paid	-67.31	-54.49	-	-	-47.81	-83.49
Other Financing Activities	527.86	1,006	-1,083	-	-	39.6
Financing Cash Flow	899.66	-58.89	-24.34	-21.59	-132.24	102.1
Foreign Exchange Rate Adjustments	-	-	-	-	-0	-
Net Cash Flow	-83.72	2.86	-71.22	127.55	-549.74	-288.65
Free Cash Flow	-1,155	-72.63	-47.24	142.63	-426.95	-407.82
Free Cash Flow Margin	-280.06%	-17.92%	-12.88%	33.87%	-54.74%	-38.16%
Free Cash Flow Per Share	-0.52	-0.03	-0.03	0.10	-0.29	-0.28
Cash Income Tax Paid	-	16.41	1.2	-12.33	8.37	53.38
Levered Free Cash Flow	-830.16	-820.86	738.71	528.86	251	-315.81
Unlevered Free Cash Flow	-799.74	-806.23	797.2	625.12	305.09	-264.37
Change in Working Capital	154.62	154.62	49.78	312.53	-123.52	-74.9

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