SHA:600716 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	-141.18	-178.78	7.67	-391.36	35.3	57.51
Depreciation & Amortization	34.18	34.18	22.47	21.58	20.59	26.02
Other Amortization	0.45	0.45	0.55	0.47	0.18	0.37
Loss (Gain) From Sale of Assets	-0	-0	-	-0.2	-0.48	-0
Asset Writedown & Restructuring Costs	9.83	9.83	-0	2.44	13.95	-
Loss (Gain) From Sale of Investments	-22.31	-22.31	-43.55	40.9	-38.24	-83.03
Provision & Write-off of Bad Debts	0.01	0.01	-0.08	-6.02	3.31	2.99
Other Operating Activities	222.74	189.04	53.4	421.25	55.76	47.7
Change in Accounts Receivable	-60.94	-60.94	29.68	78.02	37.82	-31.03
Change in Inventory	60.14	60.14	92.8	-2,214	-28.04	566.17
Change in Accounts Payable	109.34	109.34	-111.77	-508.5	-177.02	304.29
Operating Cash Flow	215.92	144.61	56.96	-2,538	-127.18	916
Operating Cash Flow Growth	7.90%	153.91%	-	-	-	-
Capital Expenditures	-0.11	-0.19	-0.99	-0.29	-1.12	-0.15
Sale of Property, Plant & Equipment	0	0	0.01	0.09	3.05	0.03
Investment in Securities	-	-	197.91	-	46.63	699.64
Other Investing Activities	26.09	17.37	16.11	17.43	-68.36	-16.39
Investing Cash Flow	25.98	17.18	213.04	17.23	-19.8	683.13
Long-Term Debt Issued	-	200	240	1,809	200	200
Short-Term Debt Repaid	-	-400	-	-	-	-
Long-Term Debt Repaid	-	-325.53	-347.84	-114.34	-708.49	-500
Total Debt Repaid	-460.99	-725.53	-347.84	-114.34	-708.49	-500
Net Debt Issued (Repaid)	-460.99	-525.53	-107.84	1,695	-508.49	-300
Common Dividends Paid	-49.4	-63.76	-80.32	-44.54	-73.86	-128.82
Other Financing Activities	300.08	-	-	-	-	-
Financing Cash Flow	-210.31	-589.29	-188.16	1,650	-582.34	-428.82
Net Cash Flow	31.59	-427.49	81.84	-870.81	-729.33	1,170
Free Cash Flow	215.81	144.42	55.97	-2,538	-128.3	915.85
Free Cash Flow Growth	8.09%	158.05%	-	-	-	-
Free Cash Flow Margin	19.07%	17.08%	8.66%	-417.81%	-29.09%	102.43%
Free Cash Flow Per Share	0.23	0.15	0.06	-2.71	-0.14	0.98
Cash Income Tax Paid	73.92	54.45	41.95	-	118.28	131.39
Levered Free Cash Flow	428.3	471.58	-1,427	-967.54	-793.16	677.5
Unlevered Free Cash Flow	453.86	497.82	-1,394	-948.68	-781.01	699.32
Change in Working Capital	112.2	112.2	16.5	-2,627	-217.56	864.43

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