SHA:600844 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	-197.74	-307.51	-392.95	-292.98	-104.07	-367.17
Depreciation & Amortization	181.49	181.49	187.62	190.78	210.96	260.33
Other Amortization	0.07	0.07	0.1	0.1	11.29	0.7
Loss (Gain) From Sale of Assets	-0.18	-0.18	-0.22	-0.58	-3.42	-
Asset Writedown & Restructuring Costs	11.2	11.2	71.04	27.93	-0.04	233.88
Loss (Gain) From Sale of Investments	-3.18	-3.18	19.01	8.39	15.79	1.72
Provision & Write-off of Bad Debts	6.38	6.38	10.21	5.08	32.15	2.03
Other Operating Activities	-86.55	-49.71	-65.38	-41.65	4.42	-65.54
Change in Accounts Receivable	10.82	10.82	16.71	-18.04	19.75	-54.91
Change in Inventory	-37.61	-37.61	30.78	-30.98	46.5	80.79
Change in Accounts Payable	95.79	95.79	20.4	-47.1	-29.46	-48.84
Operating Cash Flow	13.54	-59.4	-94.17	-45.59	180.71	-38.28
Capital Expenditures	-81.2	-20.33	-12.56	-5.96	-59.98	-28.32
Sale of Property, Plant & Equipment	1.06	1.71	0.6	1.06	6.37	0.13
Investment in Securities	11.08	7.82	2.61	-	-	8.45
Other Investing Activities	0	0.05	-	4.41	0	0.01
Investing Cash Flow	-69.06	-10.75	-9.35	-0.49	-53.6	-19.74
Short-Term Debt Issued	-	295	239.4	165.3	207.8	465
Long-Term Debt Issued	-	-	-	80	-	-
Total Debt Issued	216.03	295	239.4	245.3	207.8	465
Short-Term Debt Repaid	-	-196.4	-119.3	-204.19	-290	-325
Long-Term Debt Repaid	-	-30.33	-30.1	-15.59	-0.98	-
Total Debt Repaid	-175.52	-226.73	-149.4	-219.78	-290.98	-325
Net Debt Issued (Repaid)	40.5	68.27	90	25.52	-83.18	140
Common Dividends Paid	-3.52	-8.29	-7.75	-14.15	-11.8	-18.76
Other Financing Activities	22.07	-0.3	-1.77	-0.24	1.73	-97
Financing Cash Flow	59.05	59.68	80.49	11.13	-93.25	24.24
Foreign Exchange Rate Adjustments	0	0	0.01	0.01	-0	-0.01
Net Cash Flow	3.52	-10.47	-23.03	-34.94	33.86	-33.79
Free Cash Flow	-67.67	-79.74	-106.73	-51.56	120.74	-66.6
Free Cash Flow Margin	-7.77%	-10.36%	-12.39%	-5.52%	11.10%	-6.19%
Free Cash Flow Per Share	-0.07	-0.08	-0.10	-0.05	0.12	-0.07
Cash Income Tax Paid	25.91	22.7	35.41	59.1	71.64	34.89
Levered Free Cash Flow	251.16	140.13	127.08	42.04	91.73	84.82
Unlevered Free Cash Flow	264.67	154.31	133.82	50.2	101.88	96.6
Change in Working Capital	102.04	102.04	76.41	57.34	13.63	-104.22

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