SHA:600593 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	-109.37	-70.18	34.38	-76.64	-197.76	-69.98
Depreciation & Amortization	64.81	64.81	56.24	50.58	45.6	34.38
Other Amortization	14.18	14.18	8.29	6.64	6.86	7.49
Loss (Gain) From Sale of Assets	-2.13	-2.13	-6.89	-1.17	-15.46	-3.78
Asset Writedown & Restructuring Costs	5.67	5.67	18.29	5.98	26.37	-0.82
Loss (Gain) From Sale of Investments	30.41	30.41	14.21	11.64	13.14	14.64
Provision & Write-off of Bad Debts	-0.06	-0.06	0.24	1.82	38.95	15.57
Other Operating Activities	169.26	151.77	79.71	29.75	32.94	13.6
Change in Accounts Receivable	-1.83	-1.83	13.47	20.37	16.76	29.58
Change in Inventory	-2.3	-2.3	-4.11	0.77	-1.92	-2.63
Change in Accounts Payable	24.19	24.19	-6.48	-3.22	142.01	-11.19
Change in Other Net Operating Assets	-	-	-	0.6	0.6	0.6
Operating Cash Flow	173.43	195.13	205.32	36.93	62.14	13.25
Operating Cash Flow Growth	-20.82%	-4.96%	456.04%	-40.57%	368.99%	-85.76%
Capital Expenditures	-50.21	-85.1	-58.84	-57.86	-55.75	-172.6
Sale of Property, Plant & Equipment	3.85	5.54	4.01	3.54	18.36	5.9
Cash Acquisitions	-3	-3	-5	-	-	-20
Divestitures	-3.29	-	0.78	-	-0.05	-
Investment in Securities	4.65	4.65	-	-	-	-0.01
Other Investing Activities	-0.64	0.95	0.71	0.83	0.95	0.11
Investing Cash Flow	-48.63	-76.95	-58.34	-53.48	-36.49	-186.61
Short-Term Debt Issued	-	-	-	20	40.5	-
Long-Term Debt Issued	-	147.91	119.64	120.6	129.74	321.33
Total Debt Issued	351.67	147.91	119.64	140.6	170.24	321.33
Long-Term Debt Repaid	-	-208.31	-159.2	-104.76	-187.55	-192.71
Net Debt Issued (Repaid)	-38.7	-60.4	-39.56	35.84	-17.31	128.61
Repurchase of Common Stock	-	-	-10	-	-	-
Common Dividends Paid	-45.24	-48.07	-33.61	-24.89	-40.61	-26.96
Other Financing Activities	9.37	-	-	12.38	1.84	11.89
Financing Cash Flow	-74.58	-108.47	-83.17	23.33	-56.08	113.55
Net Cash Flow	50.23	9.71	63.81	6.77	-30.44	-59.81
Free Cash Flow	123.22	110.04	146.49	-20.93	6.38	-159.36
Free Cash Flow Growth	11.39%	-24.88%	-	-	-	-
Free Cash Flow Margin	24.31%	21.78%	31.29%	-13.31%	3.12%	-139.52%
Free Cash Flow Per Share	0.96	0.85	1.14	-0.16	0.05	-1.24
Cash Income Tax Paid	34.49	43.38	36.77	-8.77	3.57	3.67
Levered Free Cash Flow	78.96	112.09	134.6	48.87	78.56	-65.22
Unlevered Free Cash Flow	119.68	143.87	154.79	69.14	102.83	-55.77
Change in Working Capital	0.67	0.67	0.85	8.32	111.48	2.15

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