SHA:600895 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	982.42	947.9	822.22	740.62
Depreciation & Amortization	274.51	268.43	293.46	267.16
Other Amortization	17.62	16.63	9.57	9.85
Loss (Gain) From Sale of Assets	-24.81	-0	-	-
Asset Writedown & Restructuring Costs	-	0.04	0.06	-
Loss (Gain) From Sale of Investments	-1,015	-851.17	-650.94	-139.82
Provision & Write-off of Bad Debts	-4.25	0.69	0.67	1.34
Other Operating Activities	608.43	511.86	446.71	337.24
Change in Accounts Receivable	-1,199	-237.92	91.36	-120.43
Change in Inventory	-3,821	-5,281	-2,444	-1,861
Change in Accounts Payable	1,824	1,751	1,047	394.26
Operating Cash Flow	-2,401	-2,785	-455.74	-427.95
Capital Expenditures	-2,062	-1,949	-1,590	-990.2
Sale of Property, Plant & Equipment	-	0	-	-
Investment in Securities	407.06	-703.12	-261.68	-1,116
Other Investing Activities	317.54	542.14	587.19	437.06
Investing Cash Flow	-1,337	-2,109	-1,264	-1,669
Short-Term Debt Issued	-	26.65	-	48
Long-Term Debt Issued	11,065	14,946	10,238	13,885
Total Debt Issued	11,065	14,973	10,238	13,933
Long-Term Debt Repaid	-8,227	-9,728	-6,699	-10,573
Net Debt Issued (Repaid)	2,838	5,245	3,539	3,360
Issuance of Common Stock	1,649	-	-	-
Common Dividends Paid	-1,225	-947.97	-832.76	-1,074
Other Financing Activities	53.9	-	-	-
Financing Cash Flow	3,316	4,297	2,706	2,286
Foreign Exchange Rate Adjustments	19.5	12.26	43.55	-5.36
Net Cash Flow	-403.11	-585.36	1,030	183.25
Free Cash Flow	-4,463	-4,734	-2,045	-1,418
Free Cash Flow Margin	-225.03%	-233.69%	-107.28%	-67.63%
Free Cash Flow Per Share	-2.86	-3.05	-1.32	-0.92
Cash Income Tax Paid	525.61	577.27	562.03	356.44
Levered Free Cash Flow	-922.68	-4,842	-2,755	-716.78
Unlevered Free Cash Flow	-554.37	-4,520	-2,457	-443.45
Change in Working Capital	-3,240	-3,680	-1,377	-1,644

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