SHA:601616 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	19.12	74.73	14.62	59.36	74.44	75.69
Depreciation & Amortization	50.92	50.92	63.7	61.85	66.11	70.93
Other Amortization	5.18	5.18	3.8	3.65	2.27	1.05
Loss (Gain) From Sale of Assets	-0.27	-0.27	-0.16	-0.42	-6.14	-0.59
Asset Writedown & Restructuring Costs	1.48	1.48	1.12	1.37	2.91	2.9
Loss (Gain) From Sale of Investments	-12.15	-12.15	-7.33	-12.57	-8.86	-11.63
Provision & Write-off of Bad Debts	-3.83	-3.83	12.21	10.55	-27.63	-2.71
Other Operating Activities	28.08	14.27	22.29	17.08	46.1	55.93
Change in Accounts Receivable	-82.78	-82.78	73.25	21.66	1	128.27
Change in Inventory	11.03	11.03	6.12	11.64	9.1	23.95
Change in Accounts Payable	78.78	78.78	-51.93	-35.44	-4.39	-173.85
Change in Other Net Operating Assets	1.5	1.5	4.5	4.46	3.04	-
Operating Cash Flow	95.86	137.66	140.81	142.92	161.83	170.97
Operating Cash Flow Growth	-40.78%	-2.24%	-1.48%	-11.68%	-5.35%	36.76%
Capital Expenditures	-15.7	-6.73	-13.95	-24.05	-35.52	-48.53
Sale of Property, Plant & Equipment	0.05	0.89	0.29	0.77	6.72	3.51
Investment in Securities	134.18	-422.3	37.65	455.48	-97.76	-183.52
Other Investing Activities	2.17	5.34	-	0.62	1.27	-
Investing Cash Flow	147.58	-395.92	-1.01	432.82	-125.28	-228.55
Long-Term Debt Issued	-	-	18	21	19.75	-
Long-Term Debt Repaid	-	-30.38	-43.35	-24	-20.5	-40.82
Total Debt Repaid	-0.03	-30.38	-43.35	-24	-20.5	-40.82
Net Debt Issued (Repaid)	45.9	-30.38	-25.35	-3	-0.75	-40.82
Repurchase of Common Stock	-	-	-	-	-271.47	-
Common Dividends Paid	-60.95	-61.08	-78.31	-2.78	-88.74	-50.82
Other Financing Activities	-17.34	22.93	-	-24.16	-28.92	-9.45
Financing Cash Flow	-32.39	-68.53	-103.66	-29.94	-389.87	-101.09
Foreign Exchange Rate Adjustments	6.13	8.05	4.43	22.77	-4.51	-14.81
Net Cash Flow	217.18	-318.74	40.57	568.57	-357.83	-173.48
Free Cash Flow	80.16	130.93	126.86	118.87	126.32	122.44
Free Cash Flow Growth	-47.83%	3.21%	6.72%	-5.89%	3.16%	4.18%
Free Cash Flow Margin	9.09%	12.63%	16.76%	12.08%	12.57%	11.79%
Free Cash Flow Per Share	0.09	0.15	0.14	0.14	0.14	0.13
Cash Income Tax Paid	13.77	29.5	53.79	43.53	51.46	50.68
Levered Free Cash Flow	69.56	78.19	70.57	94.82	104.15	-1.4
Unlevered Free Cash Flow	69.76	78.43	71.8	96.64	106.13	0.96
Change in Working Capital	7.33	7.33	30.55	2.07	12.63	-20.6

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