SHA:600769 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	19.24	19.03	12.81	12.16	10.67	6.92
Depreciation & Amortization	4.94	4.94	4.72	4.07	3.53	3.52
Other Amortization	0.6	0.6	0.59	0.46	0.34	0.34
Loss (Gain) From Sale of Assets	-	-	-0.07	-	-	-
Asset Writedown & Restructuring Costs	-	-	0.04	0.01	1.56	0.57
Loss (Gain) From Sale of Investments	-3.05	-3.05	-4.02	-0.82	-1.19	-0.09
Provision & Write-off of Bad Debts	-5.58	-5.58	0.85	0.76	-0.32	1.73
Other Operating Activities	-8.86	-0.07	0.45	0.21	-0.41	-
Change in Accounts Receivable	-7.21	-7.21	-4.3	-5.78	-6.95	-5.19
Change in Inventory	-0.06	-0.06	-0.17	0.01	-0.15	0.06
Change in Accounts Payable	64.1	64.1	48.37	36.41	35.01	23.13
Operating Cash Flow	63.9	72.48	59.47	47.25	41.96	30.85
Operating Cash Flow Growth	22.37%	21.88%	25.86%	12.61%	36.00%	60.72%
Capital Expenditures	-10.17	-5.07	-13.67	-13.3	-14.55	-3.69
Sale of Property, Plant & Equipment	-	-	0.02	-	-	-
Investment in Securities	-68.6	-58.86	-22.18	-0.94	-27.44	1.5
Other Investing Activities	0.69	0.86	0.45	1.23	1.21	-
Investing Cash Flow	-78.07	-63.07	-35.38	-13	-40.78	-2.19
Net Cash Flow	-14.17	9.41	24.09	34.24	1.18	28.66
Free Cash Flow	53.73	67.41	45.8	33.95	27.41	27.16
Free Cash Flow Growth	24.09%	47.19%	34.89%	23.86%	0.92%	89.56%
Free Cash Flow Margin	65.85%	82.64%	60.47%	50.98%	53.57%	51.26%
Free Cash Flow Per Share	0.14	0.18	0.12	0.09	0.07	0.07
Cash Income Tax Paid	7.71	8.16	7.74	9.21	-3.14	1.6
Levered Free Cash Flow	127.47	66.73	36.41	23.82	29.02	24.14
Unlevered Free Cash Flow	127.47	66.73	36.51	23.9	29.02	24.14
Change in Working Capital	56.63	56.63	44.09	30.4	27.78	17.86