SHA:601086 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	83.37	58.01	157.76	118.72	86.51	100.83
Depreciation & Amortization	95.4	95.4	95.43	97.16	97.52	61.63
Other Amortization	43.75	43.75	42	40.21	41.85	42.57
Loss (Gain) From Sale of Assets	-	-	-	-0.89	-0.26	-0.39
Asset Writedown & Restructuring Costs	0.09	0.09	-1.86	0.6	0.41	0.13
Loss (Gain) From Sale of Investments	12.07	12.07	-55.27	-99.87	-6.25	-9.94
Provision & Write-off of Bad Debts	0.82	0.82	-0.1	0.14	-0.47	1.26
Other Operating Activities	-69.55	3.45	-5.86	18.05	18.58	7.62
Change in Accounts Receivable	13.76	13.76	17.27	-11.52	-26.68	3.62
Change in Inventory	-32.16	-32.16	16.71	-26.82	1.85	-9.84
Change in Accounts Payable	69.28	69.28	171.76	-10.73	-14.96	-15.47
Operating Cash Flow	207.18	254.82	451.4	131.55	194.42	177.87
Operating Cash Flow Growth	17.88%	-43.55%	243.13%	-32.34%	9.31%	-1.35%
Capital Expenditures	-134.06	-92.14	-29.67	-21.85	-58.99	-66.42
Sale of Property, Plant & Equipment	0.19	0.19	0	0.02	1.16	0
Investment in Securities	-150.37	17.36	57.07	-40	222.9	-12.02
Other Investing Activities	-15.44	3.57	10.3	12.98	-37.34	15.68
Investing Cash Flow	-254.68	-26.02	60.16	-48.84	107.73	-71.28
Short-Term Debt Issued	-	-	100	100	100	100
Total Debt Issued	-	-	100	100	100	100
Short-Term Debt Repaid	-	-	-100	-100	-150	-250
Long-Term Debt Repaid	-	-45.55	-44.24	-41.46	-32.55	-
Total Debt Repaid	-45.55	-45.55	-144.24	-141.46	-182.55	-250
Net Debt Issued (Repaid)	-45.55	-45.55	-44.24	-41.46	-82.55	-150
Repurchase of Common Stock	-21.21	-21.21	-	-	-	-
Common Dividends Paid	-52.78	-119.15	-69.14	-70.18	-417.47	-74.21
Other Financing Activities	10.2	-	-	-	-	-
Financing Cash Flow	-109.33	-185.91	-113.39	-111.64	-500.02	-224.21
Net Cash Flow	-156.84	42.89	398.17	-28.93	-197.86	-117.63
Free Cash Flow	73.12	162.68	421.73	109.71	135.44	111.45
Free Cash Flow Growth	-44.14%	-61.43%	284.41%	-19.00%	21.52%	24.77%
Free Cash Flow Margin	10.00%	21.49%	43.49%	14.55%	13.99%	10.91%
Free Cash Flow Per Share	0.12	0.25	0.64	0.17	0.20	0.17
Cash Interest Paid	0.51	0.51	0.18	0.4	0.68	0.54
Cash Income Tax Paid	89.59	108.85	133.25	83.27	122.54	99.59
Levered Free Cash Flow	74.82	204.91	435.54	112.22	123.35	147.4
Unlevered Free Cash Flow	74.82	204.91	437.13	114.46	126.17	152.16
Change in Working Capital	41.23	41.23	219.31	-42.58	-43.45	-25.84

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.