SHA:601198 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	2,200	1,544	819.74	517.2	1,652	1,540
Depreciation & Amortization, Total	217.19	217.19	299.67	281.5	239.9	64.52
Gain (Loss) On Sale of Investments	-427.49	-427.49	-384.74	1,661	-850.22	-31.03
Change in Accounts Receivable	-14,315	-14,315	1,416	2,343	-5,569	-4,549
Change in Accounts Payable	2,771	2,771	-3,114	7,554	11,531	7,300
Other Operating Activities	15,369	-166.06	-290.31	-681.66	87.59	446.49
Operating Cash Flow	6,035	-10,156	-1,165	11,375	7,305	5,333
Capital Expenditures	-96.71	-146.1	-97.48	-110.8	-123.03	-73.58
Cash Acquisitions	-	-	-1	-	-83	-36
Investment in Securities	-9,384	14,617	-2,757	-11,295	24.76	-1,272
Other Investing Activities	1,527	1,484	1,693	1,351	1,328	1,224
Investing Cash Flow	-7,952	15,956	-1,157	-10,055	1,150	-157.36
Long-Term Debt Issued	-	17,814	12,428	17,637	25,422	43,579
Total Debt Issued	26,783	17,814	12,428	17,637	25,422	43,579
Long-Term Debt Repaid	-	-16,427	-13,549	-21,555	-30,456	-42,926
Total Debt Repaid	-20,168	-16,427	-13,549	-21,555	-30,456	-42,926
Net Debt Issued (Repaid)	6,616	1,387	-1,121	-3,917	-5,035	652.78
Issuance of Common Stock	-	-	-	-	4,474	-
Common Dividends Paid	-1,085	-1,133	-870.26	-1,813	-1,694	-1,913
Other Financing Activities	-16.84	-	-	-	-	-
Financing Cash Flow	5,514	254.2	-1,991	-5,730	-2,254	-1,260
Foreign Exchange Rate Adjustments	10.42	10.19	29.62	101.02	-44.76	-36.77
Net Cash Flow	3,607	6,064	-4,285	-4,309	6,157	3,878
Free Cash Flow	5,938	-10,302	-1,263	11,264	7,182	5,259
Free Cash Flow Growth	-	-	-	56.84%	36.57%	2528.29%
Free Cash Flow Margin	59.35%	-109.71%	-26.80%	330.52%	133.73%	92.90%
Free Cash Flow Per Share	1.84	-3.19	-0.39	3.48	2.53	1.91
Cash Interest Paid	1,149	1,146	1,034	891.79	602.68	814.48
Cash Income Tax Paid	409.25	347.92	520.49	789.53	637.83	499.23

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