SHA:601825 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	12,339	12,313	12,288	12,142	10,974	9,698
Depreciation & Amortization	870.66	870.66	863.26	852.28	809.88	752.51
Other Amortization	219.43	219.43	191.96	151.81	140.5	118.51
Gain (Loss) on Sale of Assets	-348.84	-348.84	-549.67	-34.24	-19.72	-144.52
Gain (Loss) on Sale of Investments	-310.7	-310.7	-1,143	-1,621	-962.1	-2,087
Total Asset Writedown	4.67	4.67	1.14	1.56	3.7	-3.02
Provision for Credit Losses	2,031	2,031	2,468	3,201	3,873	4,496
Change in Other Net Operating Assets	-14,779	-14,779	47,687	33,711	117,890	-7,732
Other Operating Activities	-21,531	-11,012	-10,395	-9,153	-6,946	-5,682
Operating Cash Flow	-21,865	-11,371	51,203	39,167	125,031	-1,147
Operating Cash Flow Growth	-	-	30.73%	-68.67%	-	-
Capital Expenditures	-999.73	-1,086	-1,162	-1,036	-701.94	-784.48
Sale of Property, Plant and Equipment	380.66	373.3	579.34	618.45	28.86	188.34
Cash Acquisitions	-10.07	-8.74	-	-771.95	-	-101,797
Investment in Securities	-29,709	-30,206	-31,290	-72,829	-108,774	100,256
Other Investing Activities	13,727	13,789	12,626	10,577	8,686	10,212
Investing Cash Flow	-16,611	-17,138	-19,247	-63,441	-100,761	8,076
Long-Term Debt Issued	-	147,342	109,469	129,546	100,245	122,863
Long-Term Debt Repaid	-	-100,342	-128,347	-124,986	-98,634	-125,503
Net Debt Issued (Repaid)	46,456	46,999	-18,878	4,560	1,611	-2,640
Issuance of Common Stock	-	-	-	-	-	8,544
Common Dividends Paid	-6,140	-6,067	-8,126	-5,848	-5,221	-4,861
Financing Cash Flow	40,315	40,932	-27,004	-1,288	-3,610	1,042
Foreign Exchange Rate Adjustments	-228.46	-108.47	21.42	16.14	454.55	-87.8
Net Cash Flow	1,611	12,315	4,973	-25,547	21,114	7,883
Free Cash Flow	-22,864	-12,457	50,041	38,131	124,329	-1,932
Free Cash Flow Growth	-	-	31.23%	-69.33%	-	-
Free Cash Flow Margin	-96.39%	-52.35%	207.85%	164.55%	571.98%	-9.85%
Free Cash Flow Per Share	-2.37	-1.29	5.19	3.95	12.89	-0.21
Cash Interest Paid	22,788	23,796	23,138	18,742	19,865	17,057
Cash Income Tax Paid	4,364	4,494	4,487	5,460	5,239	4,719

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