SHA:600743 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	-101.55	-105.88	-1,407	-1,529	-3,812	-669.46
Depreciation & Amortization	51.91	51.91	256.64	206.35	104.44	113.32
Other Amortization	0.22	0.22	1.34	0.08	-	1.09
Loss (Gain) From Sale of Assets	-	-	0.63	-2.42	1.11	-0.46
Asset Writedown & Restructuring Costs	6.15	6.15	-	-	0.04	63.39
Loss (Gain) From Sale of Investments	-2.15	-2.15	17.2	-12.28	21.44	-44.67
Provision & Write-off of Bad Debts	0.09	0.09	0.03	0.21	0.08	0.15
Other Operating Activities	94.3	85.23	1,443	2,166	2,959	1,411
Change in Accounts Receivable	-21.39	-21.39	2,693	716.16	677.63	1,073
Change in Inventory	5.22	5.22	3,066	8,184	4,862	2,221
Change in Accounts Payable	13.66	13.66	-8,200	-9,626	-3,294	3,083
Operating Cash Flow	52.67	39.27	-1,919	77.23	1,806	7,347
Operating Cash Flow Growth	-	-	-	-95.73%	-75.42%	16.36%
Capital Expenditures	-0.17	-0.33	-33.01	-48.11	-12.16	-30.5
Sale of Property, Plant & Equipment	-	-	0	1.97	0	0.01
Cash Acquisitions	-	-	-72.86	-5.93	-	-17.14
Divestitures	-	327.7	-	-	-	130.75
Investment in Securities	-	-	1.58	9.94	15.49	359.84
Other Investing Activities	2.15	2.15	6.35	12.85	27.89	45.15
Investing Cash Flow	1.98	329.52	-97.93	-29.29	31.22	488.12
Short-Term Debt Issued	-	-	1,638	1,353	-	-
Long-Term Debt Issued	-	771.43	10,812	1,637	6,243	9,145
Total Debt Issued	771.43	771.43	12,450	2,990	6,243	9,145
Short-Term Debt Repaid	-	-	-150	-902.5	-	-
Long-Term Debt Repaid	-	-1,099	-10,513	-2,806	-10,769	-16,268
Total Debt Repaid	-1,100	-1,099	-10,663	-3,709	-10,769	-16,268
Net Debt Issued (Repaid)	-328.21	-328.01	1,787	-718.83	-4,526	-7,123
Issuance of Common Stock	-	-	-	-	1,114	1,934
Repurchase of Common Stock	-	-	-776.41	-975	-344.71	-
Common Dividends Paid	-40.67	-58.31	-866.47	-985.72	-1,203	-1,907
Other Financing Activities	1.78	-25.39	-199.78	-146.4	259.68	53.47
Financing Cash Flow	-367.1	-411.7	-55.6	-2,826	-4,701	-7,042
Foreign Exchange Rate Adjustments	0.01	-	0.09	0.09	0.98	-8.86
Net Cash Flow	-312.44	-42.91	-2,072	-2,778	-2,863	784.43
Free Cash Flow	52.5	38.94	-1,952	29.11	1,794	7,317
Free Cash Flow Growth	-	-	-	-98.38%	-75.48%	16.59%
Free Cash Flow Margin	16.49%	12.35%	-42.16%	0.18%	16.42%	53.43%
Free Cash Flow Per Share	0.02	0.02	-0.95	0.01	0.82	3.12
Cash Income Tax Paid	32.32	32.32	776.83	456.38	1,091	1,632
Levered Free Cash Flow	79.34	326.37	4,416	5,328	2,918	4,988
Unlevered Free Cash Flow	106.09	357.31	4,798	5,450	2,999	5,025
Change in Working Capital	3.7	3.7	-2,231	-752.41	2,532	6,473

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