SHA:600893 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	634.33	860.29	1,421	1,267	1,188
Depreciation & Amortization	2,263	2,258	2,025	1,823	1,599
Other Amortization	165.72	4.31	4.32	3.61	0.02
Loss (Gain) From Sale of Assets	-41.22	-18.69	-9.74	-23.71	-18.75
Asset Writedown & Restructuring Costs	9.61	28.7	24.1	65.64	15.75
Loss (Gain) From Sale of Investments	-340.75	-112.55	-262.03	-398.1	-359.98
Provision & Write-off of Bad Debts	174.16	208.09	52.73	97.62	45.11
Other Operating Activities	947.12	872.08	825.45	520.82	684.14
Change in Accounts Receivable	-8,346	-13,778	-5,745	-5,837	-8,030
Change in Inventory	-685.41	-2,280	-4,292	-5,545	-2,095
Change in Accounts Payable	815.14	-2,302	-697.3	-3,215	23,684
Operating Cash Flow	-4,418	-14,309	-6,739	-11,241	16,704
Operating Cash Flow Growth	-	-	-	-	362.90%
Capital Expenditures	-3,768	-2,919	-3,343	-2,839	-3,012
Sale of Property, Plant & Equipment	10.87	63.8	45.67	20.36	332.65
Divestitures	-	-	-	30.8	5.79
Investment in Securities	230.35	-40	247.32	6,300	-6,224
Other Investing Activities	223.89	48.31	246.54	210.13	-
Investing Cash Flow	-3,303	-2,847	-2,804	3,722	-8,898
Long-Term Debt Issued	39,721	28,129	15,928	5,657	2,915
Long-Term Debt Repaid	-34,443	-11,599	-7,567	-4,998	-3,170
Net Debt Issued (Repaid)	5,277	16,530	8,360	658.96	-255.21
Common Dividends Paid	-844.92	-868.36	-879.44	-437.44	-577.3
Other Financing Activities	1,039	821.63	1,118	662.42	886.6
Financing Cash Flow	5,471	16,483	8,599	883.94	54.09
Foreign Exchange Rate Adjustments	-10.41	14.68	14.99	68.27	-19.59
Net Cash Flow	-2,260	-657.61	-929.12	-6,567	7,841
Free Cash Flow	-8,186	-17,228	-10,083	-14,080	13,692
Free Cash Flow Growth	-	-	-	-	1242.74%
Free Cash Flow Margin	-17.67%	-35.98%	-23.05%	-37.95%	40.15%
Free Cash Flow Per Share	-3.10	-6.41	-3.76	-5.33	5.19
Cash Income Tax Paid	987.44	1,294	1,322	768.43	397.54
Levered Free Cash Flow	-6,321	-13,903	-7,880	-13,295	12,551
Unlevered Free Cash Flow	-5,938	-13,588	-7,695	-13,201	12,640
Change in Working Capital	-8,229	-18,410	-10,821	-14,598	13,551

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.