SHA:603007 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	-228.06	-813.31	-182.58	-227.99	-592.79
Depreciation & Amortization	13.14	7.35	18.69	16.39	17.4
Other Amortization	3.94	0.27	0.2	0.03	0.09
Loss (Gain) From Sale of Assets	-1.54	-0.78	-0	-1.14	-1.18
Asset Writedown & Restructuring Costs	46.48	1.44	31.44	-5.22	153.51
Loss (Gain) From Sale of Investments	-0.21	-152.9	-78.25	-9.05	-38.25
Provision & Write-off of Bad Debts	205.67	118.44	96.28	70.27	118.51
Other Operating Activities	32.85	39.17	47.9	103.7	89.13
Change in Accounts Receivable	-75.09	13.45	7.81	90.63	671.95
Change in Inventory	-4.89	4.53	5.21	13.62	24.91
Change in Accounts Payable	30.88	106.75	14.12	-33.94	-202.63
Change in Other Net Operating Assets	-96.73	631.48	-7.43	0.32	5.33
Operating Cash Flow	-72.08	-30.36	-54.2	20.04	272.7
Operating Cash Flow Growth	-	-	-	-92.65%	-
Capital Expenditures	-58.88	-19.02	-14.73	-26.73	-34.89
Sale of Property, Plant & Equipment	1.73	2.71	0.03	1.25	5
Cash Acquisitions	-191.17	-	-	-	0.01
Divestitures	1.61	-1.89	50	-	-
Investment in Securities	28	-157.89	1	-	-0.52
Other Investing Activities	151.86	5.06	-	0.03	0.1
Investing Cash Flow	-66.84	-171.03	36.3	-25.43	-123.49
Long-Term Debt Issued	32	102.99	2	73	229
Total Debt Issued	32	102.99	2	73	229
Long-Term Debt Repaid	-2.9	-15.91	-2.67	-12.51	-476.39
Total Debt Repaid	-2.9	-15.91	-2.67	-12.51	-476.39
Net Debt Issued (Repaid)	29.1	87.08	-0.67	60.49	-247.39
Issuance of Common Stock	20.73	409.73	-	-	-
Repurchase of Common Stock	-	-	-	-6.19	-6.42
Common Dividends Paid	-16.42	-0.5	-6.48	-22.88	-41.22
Other Financing Activities	-1.46	-	-	-	-11.3
Financing Cash Flow	31.96	496.3	-7.15	31.42	-306.32
Net Cash Flow	-106.97	294.91	-25.05	26.03	-157.11
Free Cash Flow	-130.96	-49.38	-68.93	-6.7	237.81
Free Cash Flow Margin	-31.93%	-53.88%	-43.28%	-3.42%	143.07%
Free Cash Flow Per Share	-0.15	-0.12	-0.17	-0.02	0.62
Cash Income Tax Paid	-	7.22	4.58	10.04	65.88
Levered Free Cash Flow	45.35	-331.95	101.82	2.68	-26.91
Unlevered Free Cash Flow	56.32	-307.84	136.19	44.67	9.52
Change in Working Capital	-144.35	769.96	12.13	73.06	526.29

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