SHA:600760 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	3,543	3,394	3,007	2,305	1,713
Depreciation & Amortization	1,156	1,016	855.28	787.89	766.44
Other Amortization	0.4	50.35	1.21	1.86	3.18
Loss (Gain) From Sale of Assets	-0.05	-1.1	-13.03	1.53	-10.38
Asset Writedown & Restructuring Costs	133.05	25.98	4.36	1.32	10.34
Loss (Gain) From Sale of Investments	-11.14	-2.59	-16.12	1.1	-11.31
Provision & Write-off of Bad Debts	-	-103.63	-112.62	-157.47	304.86
Other Operating Activities	-48.08	31.52	92.15	202.15	15.26
Change in Accounts Receivable	-13,495	-6,172	-1,963	8,976	-19,592
Change in Inventory	2,233	-1,952	446.62	-3,100	-1,148
Change in Accounts Payable	4,655	110.52	-6,671	-6,315	28,136
Change in Other Net Operating Assets	31.82	61.03	45.77	2.62	7.26
Operating Cash Flow	-2,286	-3,742	-4,393	2,678	10,143
Operating Cash Flow Growth	-	-	-	-73.60%	60.50%
Capital Expenditures	-3,880	-3,053	-2,563	-1,060	-1,095
Sale of Property, Plant & Equipment	5.13	5.68	34.44	1.73	6.8
Divestitures	-	-	29.78	-151.29	-
Investment in Securities	-9.78	-	-340	-79.82	201.94
Other Investing Activities	2,398	1,555	654.86	0.87	0.8
Investing Cash Flow	-1,486	-1,492	-2,184	-1,289	-885.06
Long-Term Debt Issued	580	150	110	460	380
Long-Term Debt Repaid	-100	-279.07	-136.56	-608.36	-382.66
Net Debt Issued (Repaid)	480	-129.07	-26.56	-148.36	-2.66
Issuance of Common Stock	3,971	300	251.2	83.47	-
Common Dividends Paid	-1,102	-1,102	-789.45	-694.81	-464.08
Other Financing Activities	201.49	484.11	220	46.27	82.84
Financing Cash Flow	3,550	-446.74	-344.8	-713.43	-383.9
Foreign Exchange Rate Adjustments	-9.55	0.47	-1.77	30.09	-2.12
Net Cash Flow	-231.62	-5,680	-6,924	705.71	8,872
Free Cash Flow	-6,166	-6,795	-6,956	1,618	9,049
Free Cash Flow Growth	-	-	-	-82.12%	62.23%
Free Cash Flow Margin	-13.81%	-15.86%	-15.04%	3.89%	26.09%
Free Cash Flow Per Share	-2.21	-2.46	-2.52	0.59	3.28
Cash Income Tax Paid	1,057	916.66	2,089	514.97	397.47
Levered Free Cash Flow	-6,197	-6,047	-10,288	1,223	7,919
Unlevered Free Cash Flow	-6,197	-6,044	-10,286	1,227	7,922
Change in Working Capital	-7,059	-8,153	-8,211	-465.6	7,352

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