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 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	1,102	1,056	984.89	701.04	554.93	858.6
Depreciation & Amortization, Total	76.24	76.24	101.62	89.44	80.55	69.98
Gain (Loss) On Sale of Investments	-323.39	-323.39	-373.18	-279.51	252.38	-276.99
Change in Accounts Receivable	-2,042	-2,042	-1,252	-2,109	853.75	436.95
Change in Accounts Payable	1,796	1,796	784.13	786.92	3,226	2,708
Other Operating Activities	-1,348	104.06	145.26	64.22	106	89.52
Operating Cash Flow	-668.57	738.1	413.73	-665.19	734.04	539.36
Capital Expenditures	-177.71	-179	-100.35	-82.34	-109.16	-93.5
Investment in Securities	-2,725	-3,688	153.77	-1,777	-3,633	-1,874
Other Investing Activities	823.3	802.01	742.75	587.83	462.84	314.99
Investing Cash Flow	-2,079	-3,065	796.21	-1,271	-3,279	-1,652
Long-Term Debt Issued	-	11,977	7,365	4,941	4,994	5,881
Long-Term Debt Repaid	-	-8,359	-5,781	-2,206	-4,214	-3,763
Net Debt Issued (Repaid)	3,226	3,619	1,584	2,735	780.55	2,118
Issuance of Common Stock	2,000	-	-	-	1,887	-
Common Dividends Paid	-857.67	-916.11	-783.58	-823.52	-280.13	-362.77
Other Financing Activities	-29.42	-32.65	-8.51	-10.37	-13.04	-15.97
Financing Cash Flow	4,339	2,670	791.52	1,901	2,374	1,740
Foreign Exchange Rate Adjustments	0.5	-1.47	0.4	0.38	1.96	-0.5
Net Cash Flow	1,592	341.23	2,002	-34.82	-168.46	626.45
Free Cash Flow	-846.29	559.1	313.37	-747.53	624.88	445.86
Free Cash Flow Growth	-	78.41%	-	-	40.15%	-81.61%
Free Cash Flow Margin	-31.88%	22.17%	13.03%	-38.96%	39.76%	21.19%
Free Cash Flow Per Share	-0.30	0.21	0.12	-0.28	0.26	0.18
Cash Interest Paid	670.58	739.56	791.63	707.62	614.75	642.74
Cash Income Tax Paid	348.53	339.9	253.16	190.16	278.51	380.17