SHA:600640 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	20.43	18.35	15.18	5.2	-199.67	-357.53
Depreciation & Amortization	83.64	83.64	86.42	128.48	144.86	170.27
Other Amortization	12.84	12.84	39.97	19.33	23.42	24.44
Loss (Gain) From Sale of Assets	-0.03	-0.03	-0.19	0.07	3.34	0.04
Asset Writedown & Restructuring Costs	16.51	16.51	20.11	5.67	4.96	29.51
Loss (Gain) From Sale of Investments	-15.53	-15.53	26.7	-36.1	71.05	26.86
Provision & Write-off of Bad Debts	-	-	-0.07	3.11	-4.32	10.36
Other Operating Activities	194.55	-73.64	-63.71	-60.09	-64.73	-54.53
Change in Accounts Receivable	-67.78	-67.78	134.67	183.42	292.03	492.56
Change in Inventory	-0.31	-0.31	-11.4	-1.42	2.91	2.1
Change in Accounts Payable	-198.09	-198.09	345.79	161.52	-304.43	-274.73
Operating Cash Flow	59.97	-210.29	594.01	445.43	-33.03	73.6
Operating Cash Flow Growth	-71.09%	-	33.36%	-	-	-
Capital Expenditures	-16.7	-21.83	-18.31	-43.1	-70.36	-90.02
Sale of Property, Plant & Equipment	0.33	0.54	0.33	0.48	0.67	1.91
Investment in Securities	-542.37	-1.8	-723.36	-54.81	-405.3	118
Other Investing Activities	56.38	50.73	80.35	112.53	29.4	17.32
Investing Cash Flow	-502.36	27.63	-660.99	15.1	-445.59	47.21
Short-Term Debt Issued	-	-	-	-	41.94	-
Total Debt Issued	-	-	-	-	41.94	-
Long-Term Debt Repaid	-	-	-6.76	-51.4	-6.39	-7.45
Net Debt Issued (Repaid)	-	-	-6.76	-51.4	35.55	-7.45
Common Dividends Paid	-7.16	-7.16	-1.59	-0.71	-0.54	-9.73
Other Financing Activities	-16.26	-7.97	-	-8.61	-7.03	-16.33
Financing Cash Flow	-23.42	-15.12	-8.35	-60.71	27.98	-33.51
Net Cash Flow	-465.81	-197.78	-75.33	399.81	-450.64	87.3
Free Cash Flow	43.27	-232.12	575.7	402.33	-103.39	-16.42
Free Cash Flow Growth	-76.17%	-	43.09%	-	-	-
Free Cash Flow Margin	2.38%	-12.77%	26.92%	16.87%	-2.94%	-0.36%
Free Cash Flow Per Share	0.05	-0.29	0.72	0.50	-0.13	-0.02
Cash Income Tax Paid	98.52	83.98	77.17	45.6	6.17	45.45
Levered Free Cash Flow	569.07	-1,051	572.07	285.09	-191.97	115.81
Unlevered Free Cash Flow	569.07	-1,051	572.34	285.95	-191.31	116.35
Change in Working Capital	-252.42	-252.42	469.6	379.76	-11.95	224.18

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