SHA:600645 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	74.75	100.35	106.45	112.99	155.32	-126.86
Depreciation & Amortization	133.4	133.4	143.6	138.21	124.62	103.31
Other Amortization	36.67	36.67	29.02	26.12	23.09	24.33
Loss (Gain) From Sale of Assets	-1.3	-1.3	-3.67	-2.03	-1.49	-21.24
Asset Writedown & Restructuring Costs	4.68	4.68	0.31	0.8	27.64	265.48
Loss (Gain) From Sale of Investments	44.33	44.33	47.94	8.71	-85.87	-45.51
Provision & Write-off of Bad Debts	27.68	27.68	20.9	17.63	38.21	18.12
Other Operating Activities	74.23	3.12	2.09	-2.04	-5.18	1.09
Change in Accounts Receivable	-31.23	-31.23	-12.23	-31.93	30.73	67.71
Change in Inventory	-0.63	-0.63	-9.25	-27.64	-4.56	-5.88
Change in Accounts Payable	-11.18	-11.18	-1.07	35.06	19.42	-29.76
Change in Other Net Operating Assets	-0.03	-0.03	12.21	-6.68	-19.46	-
Operating Cash Flow	330.7	285.19	299.02	261.89	320.96	244.35
Operating Cash Flow Growth	13.74%	-4.62%	14.18%	-18.40%	31.35%	1.19%
Capital Expenditures	-51.23	-67.32	-88.61	-99.19	-127.74	-91.72
Sale of Property, Plant & Equipment	0.37	0.78	0.19	1.42	12.63	11.57
Cash Acquisitions	-	-	-	-	-	0.24
Divestitures	-	-	-	-	-	-0.77
Investment in Securities	-541.64	1.95	-2.06	-0.57	-18.95	379.9
Other Investing Activities	8.92	0.72	-	-	-	8.87
Investing Cash Flow	-583.57	-63.86	-90.49	-98.34	-134.05	308.09
Long-Term Debt Issued	-	-	-	-	-	13.2
Long-Term Debt Repaid	-	-41.19	-35.76	-41.33	-29.13	-105.04
Net Debt Issued (Repaid)	-36.46	-41.19	-35.76	-41.33	-29.13	-91.84
Repurchase of Common Stock	-200.03	-200.03	-	-	-	-0.32
Common Dividends Paid	-	-	-	-	-1.61	-4.02
Other Financing Activities	165.61	-43.69	17.03	33.58	-18.97	-8.79
Financing Cash Flow	-70.87	-284.91	-18.73	-7.75	-49.71	-104.96
Foreign Exchange Rate Adjustments	5.57	7.3	10.22	35.3	-7.44	-18.86
Net Cash Flow	-318.18	-56.28	200.02	191.1	129.75	428.63
Free Cash Flow	279.47	217.87	210.4	162.7	193.22	152.64
Free Cash Flow Growth	33.72%	3.55%	29.32%	-15.79%	26.59%	28.77%
Free Cash Flow Margin	18.99%	13.74%	13.23%	10.46%	12.58%	11.57%
Free Cash Flow Per Share	0.62	0.48	0.46	0.35	0.41	0.33
Cash Interest Paid	0.12	0.59	0.92	1.27	-	-
Cash Income Tax Paid	157.95	162.15	170.94	110.96	116.78	97.19
Levered Free Cash Flow	281.98	189.08	164.65	141.27	197.98	139.62
Unlevered Free Cash Flow	284.83	192.22	167.79	143.78	199.95	141.97
Change in Working Capital	-63.75	-63.75	-47.63	-38.49	44.62	25.63

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