SHA:600908 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	2,326	2,309	2,252	2,200	2,001	1,580
Depreciation & Amortization	157.57	157.57	202.74	199.44	195.68	190.73
Other Amortization	45.74	45.74	0.96	39.47	44.99	28.53
Gain (Loss) on Sale of Assets	-	-	-47.25	-139.39	-11.43	0.61
Gain (Loss) on Sale of Investments	-1,213	-1,213	-1,073	-473.64	-720.19	-633.28
Total Asset Writedown	4.48	4.48	5.19	1.13	1.12	-
Provision for Credit Losses	778.31	778.31	769.39	420.21	877.56	1,285
Change in Other Net Operating Assets	9,534	9,534	5,371	3,781	-863.16	4,523
Other Operating Activities	-1,494	21.51	73.74	203.46	331.53	472.63
Operating Cash Flow	10,133	11,631	7,540	6,088	1,681	7,222
Operating Cash Flow Growth	406.93%	54.27%	23.84%	262.14%	-76.72%	-23.88%
Capital Expenditures	-103.54	-110.65	-146.11	-177.55	-152.92	-229.18
Sale of Property, Plant and Equipment	-	-	47.25	139.39	11.43	-
Investment in Securities	-8,062	-6,357	-1,423	-7,626	1,061	-4,011
Other Investing Activities	992.1	1,067	807.62	533.22	480.8	414.42
Investing Cash Flow	-7,173	-5,400	-713.78	-7,131	1,400	-3,826
Long-Term Debt Issued	-	2,098	6,173	1,198	491.82	10,752
Long-Term Debt Repaid	-	-1,235	-9,457	-337.14	-5,484	-10,932
Total Debt Repaid	-5,335	-1,235	-9,457	-337.14	-5,484	-10,932
Net Debt Issued (Repaid)	4,052	862.78	-3,284	861.17	-4,993	-180.34
Issuance of Common Stock	-	-	-	-	1,998	-
Repurchase of Common Stock	-1,500	-1,500	-	-	-	-
Common Dividends Paid	-837.4	-837.4	-785.1	-740.99	-766.05	-878.88
Other Financing Activities	-58.31	-58.31	-14.48	-1.47	-2.21	-
Financing Cash Flow	1,656	-1,533	-4,084	118.72	-3,763	-1,059
Foreign Exchange Rate Adjustments	-4.28	-1.75	0.99	1.74	11.54	-10.75
Net Cash Flow	4,611	4,696	2,743	-922.87	-670.02	2,326
Free Cash Flow	10,029	11,520	7,393	5,910	1,528	6,993
Free Cash Flow Growth	442.24%	55.82%	25.09%	286.76%	-78.15%	-24.45%
Free Cash Flow Margin	248.90%	287.08%	186.85%	155.94%	43.09%	230.03%
Free Cash Flow Per Share	4.58	5.25	3.37	2.20	0.64	3.00
Cash Interest Paid	4,621	4,621	4,808	3,389	4,766	2,820
Cash Income Tax Paid	488.66	488.66	469.7	702.07	699.36	624.88

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