SHA:601799 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	1,624	1,408	1,102	941.42	949.52
Depreciation & Amortization	533.97	481.13	377.22	305.55	241.83
Other Amortization	100.75	79.52	82.04	66.79	61.39
Loss (Gain) From Sale of Assets	1.36	11.71	0.89	4.99	5.82
Loss (Gain) From Sale of Investments	-44.09	-47.2	-56.13	-85.51	-90.03
Provision & Write-off of Bad Debts	-0.52	76.77	92.83	14.72	8.68
Other Operating Activities	4.54	21.54	22.14	22.96	45.58
Change in Accounts Receivable	-954.85	-1,804	-2,033	-258.61	-376.92
Change in Inventory	43.72	-410.18	58.85	-378.34	-425.95
Change in Accounts Payable	1,097	1,077	1,057	797.83	86.34
Change in Other Net Operating Assets	22.6	1.63	-	-	-
Operating Cash Flow	2,437	909.22	697.13	1,408	519.58
Operating Cash Flow Growth	168.00%	30.42%	-50.50%	171.06%	-72.30%
Capital Expenditures	-930.97	-679.14	-1,041	-955.7	-1,265
Sale of Property, Plant & Equipment	15.36	12.84	7.88	3.5	8.53
Investment in Securities	-603.14	20.01	1,396	-146.23	238.6
Other Investing Activities	43.89	46.75	66.76	84.73	79.8
Investing Cash Flow	-1,475	-599.55	430.01	-1,014	-938.26
Long-Term Debt Repaid	-19.54	-13.28	-17.91	-6.77	-17.38
Total Debt Repaid	-19.54	-13.28	-17.91	-6.77	-17.38
Net Debt Issued (Repaid)	-19.54	-13.28	-17.91	-6.77	-17.38
Issuance of Common Stock	38.84	38.88	-	-	-
Repurchase of Common Stock	-161.19	-	-220.03	-	-
Common Dividends Paid	-426.46	-397.28	-312.44	-314.25	-359.02
Other Financing Activities	-	-	-	-	-0.25
Financing Cash Flow	-568.35	-371.68	-550.37	-321.02	-376.65
Foreign Exchange Rate Adjustments	25.3	-27.75	30.2	14.33	-9.08
Net Cash Flow	418.8	-89.76	606.97	87.98	-804.41
Free Cash Flow	1,506	230.08	-343.5	452.66	-745.62
Free Cash Flow Growth	554.45%	-	-	-	-
Free Cash Flow Margin	9.87%	1.74%	-3.35%	5.49%	-9.43%
Free Cash Flow Per Share	5.29	0.81	-1.20	1.58	-2.68
Cash Income Tax Paid	581.17	576.02	394.45	299.24	408.39
Levered Free Cash Flow	1,130	-92.67	-944.33	-206.34	-1,315
Unlevered Free Cash Flow	1,135	-88.67	-943.65	-206.16	-1,293
Change in Working Capital	216.59	-1,123	-923.99	137.42	-703.21

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