SHA:601816 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	13,055	12,768	11,546	-576.23	4,816	3,229
Depreciation & Amortization	5,858	5,858	5,926	5,946	5,712	5,620
Loss (Gain) From Sale of Assets	-0.02	-0.02	-	-	-	-3.2
Asset Writedown & Restructuring Costs	0.19	0.19	2.59	0.26	0.27	0.19
Other Operating Activities	2,156	1,854	2,249	2,118	2,900	2,590
Change in Accounts Receivable	-299.98	-299.98	-807.57	-335.1	1,979	1,298
Change in Accounts Payable	-105.75	-105.75	2,175	-340.45	76.29	-110.89
Operating Cash Flow	20,655	20,065	21,081	6,801	15,468	12,602
Operating Cash Flow Growth	0.13%	-4.82%	209.96%	-56.03%	22.74%	-30.19%
Capital Expenditures	-1,225	-1,180	-1,490	-1,099	-3,704	-5,546
Sale of Property, Plant & Equipment	8.9	6.83	0.25	0	74.65	0.06
Other Investing Activities	-2,988	5	377.57	-	22.36	520.32
Investing Cash Flow	-4,205	-1,168	-1,113	-1,099	-3,607	-5,026
Long-Term Debt Issued	-	12,993	16,894	4,659	7,888	28,922
Long-Term Debt Repaid	-	-26,999	-26,021	-8,380	-13,608	-11,277
Net Debt Issued (Repaid)	-1,761	-14,006	-9,127	-3,721	-5,720	17,645
Issuance of Common Stock	-	-	-	-	-	30,658
Common Dividends Paid	-7,424	-7,559	-3,277	-5,560	-5,173	-6,196
Other Financing Activities	-962.16	-44.46	-	-	-	-51,799
Financing Cash Flow	-10,147	-21,609	-12,404	-9,281	-10,892	-9,692
Net Cash Flow	6,303	-2,712	7,564	-3,578	967.91	-2,117
Free Cash Flow	19,429	18,885	19,590	5,703	11,763	7,055
Free Cash Flow Growth	-0.95%	-3.60%	243.54%	-51.52%	66.72%	149.95%
Free Cash Flow Margin	45.60%	44.80%	48.15%	29.49%	40.14%	27.96%
Free Cash Flow Per Share	0.40	0.39	0.40	0.12	0.24	0.14
Cash Income Tax Paid	6,704	6,558	4,948	513.16	3,373	2,686
Levered Free Cash Flow	17,125	14,205	15,354	4,586	5,318	211.42
Unlevered Free Cash Flow	18,143	15,424	16,971	6,520	7,505	2,285
Change in Working Capital	-414.75	-414.75	1,359	-687.04	2,040	1,166

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