SHA:600663 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	794.39	1,226	1,508	1,432	1,047	4,311
Depreciation & Amortization	1,340	1,340	1,077	1,080	1,022	125.29
Other Amortization	52.28	52.28	26.84	29.01	26.17	31.66
Loss (Gain) From Sale of Assets	-1,254	-1,254	-2,129	-1,794	-0.05	-0.15
Loss (Gain) From Sale of Investments	-566.18	-566.18	-473.35	-378.76	282.61	56.5
Provision & Write-off of Bad Debts	3.76	3.76	-4.45	-15.09	15.03	0.27
Other Operating Activities	5,272	2,703	1,752	1,951	1,635	1,819
Change in Accounts Receivable	1,484	1,484	-1,927	-925.26	29.47	-346.99
Change in Inventory	4,624	4,624	-174.24	-3,667	-8,165	-616.62
Change in Accounts Payable	946.62	946.62	1,527	13,557	754.48	-2,336
Change in Other Net Operating Assets	-	-	-	-	-	516.68
Operating Cash Flow	12,597	10,459	1,316	11,381	-3,672	3,715
Operating Cash Flow Growth	585.71%	694.84%	-88.44%	-	-	-
Capital Expenditures	-1,534	-1,293	-3,352	-3,239	-2,430	-2,804
Sale of Property, Plant & Equipment	15.09	639.29	3,538	2,830	0.22	1.88
Cash Acquisitions	-0.66	-0.66	-	-	0.4	-
Divestitures	-	-	-	-	-	66.57
Investment in Securities	-6,544	-5,104	3,314	1,485	-7,610	-3,926
Other Investing Activities	609.16	580.38	581.88	639.51	1,918	1,083
Investing Cash Flow	-7,454	-5,178	4,081	1,716	-8,121	-5,578
Long-Term Debt Issued	-	36,689	36,301	39,095	44,390	45,889
Long-Term Debt Repaid	-	-35,579	-41,073	-37,783	-34,182	-38,561
Net Debt Issued (Repaid)	-171.2	1,110	-4,772	1,313	10,208	7,328
Issuance of Common Stock	-	-	1,797	-	-	-
Common Dividends Paid	-2,523	-2,670	-3,430	-3,145	-4,942	-3,827
Other Financing Activities	-79.63	-327.83	-2,265	-5,042	-2,662	7,637
Financing Cash Flow	-2,774	-1,888	-8,670	-6,874	2,603	11,139
Foreign Exchange Rate Adjustments	-3.17	-2.62	-2.36	0.71	1.87	-0.45
Net Cash Flow	2,366	3,391	-3,275	6,223	-9,187	9,275
Free Cash Flow	11,063	9,166	-2,036	8,142	-6,101	910.93
Free Cash Flow Margin	68.39%	50.46%	-13.90%	73.98%	-51.91%	6.57%
Free Cash Flow Per Share	2.20	1.82	-0.41	1.69	-1.27	0.23
Cash Interest Paid	142.55	125.76	46.63	42.64	50.69	69.92
Cash Income Tax Paid	2,082	2,592	3,790	3,985	2,577	4,263
Levered Free Cash Flow	11,084	12,714	-11,664	7,962	-20,254	7,648
Unlevered Free Cash Flow	11,968	13,607	-10,791	8,953	-19,331	8,346
Change in Working Capital	6,936	6,936	-449.67	9,029	-7,706	-2,638

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