SHA:601116 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	135.96	142.53	137.7	155.78	88.29	122.35
Depreciation & Amortization	163.53	163.53	170.62	168.55	165.7	79.08
Other Amortization	35.55	35.55	45.91	48.43	49.67	39.91
Loss (Gain) From Sale of Assets	-0.57	-0.57	-0.06	0.01	-5.25	0.65
Asset Writedown & Restructuring Costs	1.38	1.38	0.5	3.78	3.61	2.91
Loss (Gain) From Sale of Investments	-7.96	-7.96	6.07	0.99	-2.49	-3.18
Provision & Write-off of Bad Debts	-0.04	-0.04	-1.03	1.8	0.25	0.08
Other Operating Activities	-56.09	-58.89	-69.56	-75.69	-77.41	-104.81
Change in Accounts Receivable	-11.43	-11.43	20.84	-63.13	-13.27	-19.94
Change in Inventory	-32.34	-32.34	89.43	13.03	-	85.82
Change in Accounts Payable	49.51	49.51	-39.2	101.16	141.26	-95.75
Operating Cash Flow	280.86	284.63	362.13	356.13	308.03	105.83
Operating Cash Flow Growth	-2.49%	-21.40%	1.68%	15.62%	191.07%	33.20%
Capital Expenditures	-243.2	-167.94	-163.65	-59.54	-141.13	-123.54
Sale of Property, Plant & Equipment	0.56	0.42	0.17	0.47	5.97	0.34
Investment in Securities	123.76	103.76	-44.61	37.7	9.2	-
Other Investing Activities	129.54	2.11	0.23	0.23	156.82	36.8
Investing Cash Flow	10.66	-61.65	-207.86	-21.14	30.86	-86.4
Short-Term Debt Issued	-	-	-	1.5	-	-
Total Debt Issued	-	-	-	1.5	-	-
Short-Term Debt Repaid	-	-	-3.01	-1.5	-	-
Long-Term Debt Repaid	-	-100.74	-109.49	-104.76	-	-
Total Debt Repaid	-100.74	-100.74	-112.5	-106.26	-	-
Net Debt Issued (Repaid)	-100.74	-100.74	-112.5	-104.76	-	-
Common Dividends Paid	-109.54	-109.54	-109.54	-109.54	-109.54	-109.54
Other Financing Activities	2.45	-	-7	-	-110.27	-
Financing Cash Flow	-207.82	-210.27	-229.04	-214.3	-219.8	-109.54
Net Cash Flow	83.7	12.71	-74.77	120.69	119.09	-90.11
Free Cash Flow	37.66	116.7	198.47	296.59	166.9	-17.72
Free Cash Flow Growth	-70.89%	-41.20%	-33.08%	77.70%	-	-
Free Cash Flow Margin	0.97%	3.01%	5.09%	7.25%	4.25%	-0.41%
Free Cash Flow Per Share	0.07	0.21	0.36	0.53	0.30	-0.03
Cash Income Tax Paid	145.1	170.38	130.43	174.66	112.28	96.66
Levered Free Cash Flow	35.31	110.52	223.51	267.08	199.08	120.59
Unlevered Free Cash Flow	43.73	119.71	234.15	279.56	213.79	120.59
Change in Working Capital	9.09	9.09	71.98	52.47	85.65	-31.17

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