SHA:601579 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	245.59	196.19	166.63	144.75	283.73
Depreciation & Amortization	116.6	137.06	139.54	137.45	133.68
Other Amortization	2.36	2.35	0.3	-	-
Loss (Gain) From Sale of Assets	2.01	2.22	-0.4	-14.37	-208
Asset Writedown & Restructuring Costs	16.74	8.82	7.53	7.51	8.7
Loss (Gain) From Sale of Investments	6.74	-6.66	0.34	0.01	-0.36
Provision & Write-off of Bad Debts	-	0.95	0.93	6.46	5.59
Other Operating Activities	7.76	5.94	9.16	5.06	13.98
Change in Accounts Receivable	-1.37	2.59	-12.13	-11.83	11.38
Change in Inventory	-133.31	26.42	-16.24	-11.53	23.47
Change in Accounts Payable	-28.45	-39.27	97.05	3.78	3.53
Operating Cash Flow	238.21	329.46	383.47	267.51	276.53
Operating Cash Flow Growth	-27.70%	-14.09%	43.35%	-3.26%	12.60%
Capital Expenditures	-104.96	-65.38	-83.52	-113.97	-168.67
Sale of Property, Plant & Equipment	1.46	1.38	0.78	79.14	156.36
Divestitures	-	44.61	-	-	-
Investment in Securities	-278.08	-79.65	-28.94	35.01	0.61
Other Investing Activities	0.09	-	-	-6.77	-24.39
Investing Cash Flow	-381.49	-99.03	-111.67	-6.6	-36.1
Short-Term Debt Issued	-	2	70	155	60
Long-Term Debt Issued	161.78	0.9	-	0.3	0.42
Total Debt Issued	161.78	2.9	70	155.3	60.42
Short-Term Debt Repaid	-	-1	-115	-170	-175
Long-Term Debt Repaid	-94.37	-0.58	-	-	-1.43
Total Debt Repaid	-94.37	-1.58	-115	-170	-176.43
Net Debt Issued (Repaid)	67.41	1.32	-45	-14.7	-116.01
Repurchase of Common Stock	-	-30.45	-65.21	-	-
Common Dividends Paid	-189.14	-98.8	-145.18	-92.41	-28.49
Other Financing Activities	4.39	-	-0.91	-	-
Financing Cash Flow	-117.33	-127.93	-256.29	-107.11	-144.5
Foreign Exchange Rate Adjustments	-0.6	0.05	0.11	1.25	-0.41
Net Cash Flow	-261.21	102.55	15.61	155.04	95.53
Free Cash Flow	133.25	264.08	299.96	153.53	107.86
Free Cash Flow Growth	-49.54%	-11.96%	95.37%	42.34%	-
Free Cash Flow Margin	7.31%	16.19%	21.25%	12.51%	8.63%
Free Cash Flow Per Share	0.28	0.55	0.63	0.32	0.22
Cash Income Tax Paid	266.72	232.06	199.71	191.96	210.41
Levered Free Cash Flow	81.09	218.27	264.77	189.93	27.62
Unlevered Free Cash Flow	81.09	218.35	265.55	192.06	30.37
Change in Working Capital	-159.6	-17.41	59.46	-19.37	39.2

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