SHA:601136 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	2015 - 2019
Period Ending	Jun '25 Jun 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	2015 - 2019
Net Income	998.24	984.89	701.04	554.93	858.6	610.62	Upgrade
Depreciation & Amortization, Total	66.04	77.89	89.44	80.55	69.98	3.59	Upgrade
Gain (Loss) On Sale of Investments	-592.36	-373.18	-279.51	252.38	-276.99	-59.93	Upgrade
Change in Accounts Receivable	-2,587	-1,252	-2,109	853.75	436.95	-33.03	Upgrade
Change in Accounts Payable	4,086	784.13	786.92	3,226	2,708	3,219	Upgrade
Change in Other Net Operating Assets	-	-	-	-	-	-1,567	Upgrade
Other Operating Activities	151.72	145.26	64.22	106	89.52	283.96	Upgrade
Operating Cash Flow	2,328	413.73	-665.19	734.04	539.36	2,449	Upgrade
Capital Expenditures	-167.55	-100.35	-82.34	-109.16	-93.5	-24.84	Upgrade
Investment in Securities	-3,069	153.77	-1,777	-3,633	-1,874	-2,439	Upgrade
Other Investing Activities	748.29	742.75	587.83	462.84	314.99	157.55	Upgrade
Investing Cash Flow	-2,489	796.21	-1,271	-3,279	-1,652	-2,305	Upgrade
Long-Term Debt Issued	-	7,365	4,941	4,994	5,881	1,955	Upgrade
Long-Term Debt Repaid	-	-5,774	-2,202	-4,214	-3,763	-3,300	Upgrade
Net Debt Issued (Repaid)	3,322	1,591	2,740	780.55	2,118	-1,345	Upgrade
Issuance of Common Stock	-	-	-	1,887	-	3,990	Upgrade
Common Dividends Paid	-765.55	-783.58	-823.52	-280.13	-362.77	-438.13	Upgrade
Other Financing Activities	-8.85	-15.89	-14.98	-13.04	-15.97	-5.22	Upgrade
Financing Cash Flow	2,548	791.52	1,901	2,374	1,740	2,202	Upgrade
Foreign Exchange Rate Adjustments	0.04	0.4	0.38	1.96	-0.5	-1.39	Upgrade
Net Cash Flow	2,387	2,002	-34.82	-168.46	626.45	2,345	Upgrade
Free Cash Flow	2,160	313.37	-747.53	624.88	445.86	2,424	Upgrade
Free Cash Flow Growth	132.06%	-	-	40.15%	-81.61%	508.72%	Upgrade
Free Cash Flow Margin	88.83%	13.03%	-38.96%	39.76%	21.19%	146.61%	Upgrade
Free Cash Flow Per Share	0.80	0.12	-0.28	0.26	0.18	1.51	Upgrade
Cash Interest Paid	782.87	791.63	707.62	614.75	642.74	492.87	Upgrade
Cash Income Tax Paid	295.29	253.16	190.16	278.51	380.17	255.98	Upgrade

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