SHA:603030 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	-301.91	-110.14	94.89	-1,197	-1,293
Depreciation & Amortization	30.14	38.3	45.56	38.98	40.7
Other Amortization	5.04	4.03	5.64	16.99	9.35
Loss (Gain) From Sale of Assets	30.7	-6.11	8.51	-	-
Asset Writedown & Restructuring Costs	58.25	58.15	61.87	90.61	46.39
Loss (Gain) From Sale of Investments	5.68	33.14	-551.93	4.29	-5.69
Provision & Write-off of Bad Debts	-	-20.1	140.56	963.66	418.73
Other Operating Activities	119.3	16.56	88.37	-158.95	493.25
Change in Accounts Receivable	37.81	57.12	-54.08	1,467	442.06
Change in Inventory	-116.73	77.95	3.7	-97.29	-326.12
Change in Accounts Payable	128.47	-379.91	183.01	-1,177	-118.89
Change in Other Net Operating Assets	0.04	-	-	-	40.69
Operating Cash Flow	-4.46	-235.59	13.83	50.15	-249.16
Operating Cash Flow Growth	-	-	-72.43%	-	-
Capital Expenditures	-29.69	-7.31	-5.38	-25.3	-43.45
Sale of Property, Plant & Equipment	96.02	16.04	0.02	0.04	0.8
Cash Acquisitions	0.01	-	-	-0.38	-
Investment in Securities	-10	23.69	-2.41	58.56	-69.38
Other Investing Activities	0.36	0.18	-40.55	3.52	3.65
Investing Cash Flow	56.7	32.61	-48.33	36.44	-108.38
Long-Term Debt Issued	46.29	257.22	91.35	188.67	969.11
Long-Term Debt Repaid	-187.62	-456.78	-335.51	-266.12	-952.59
Net Debt Issued (Repaid)	-141.33	-199.55	-244.16	-77.45	16.52
Issuance of Common Stock	-	-	710	-	136.69
Common Dividends Paid	-33.58	-22.38	-22.1	-81.05	-154.95
Other Financing Activities	95.71	446.9	-434.83	-2	-26.92
Financing Cash Flow	-79.2	224.97	8.91	-160.5	-28.67
Foreign Exchange Rate Adjustments	1.92	-2.56	0.88	21.99	-3.37
Net Cash Flow	-25.04	19.42	-24.71	-51.92	-389.58
Free Cash Flow	-34.15	-242.89	8.44	24.85	-292.61
Free Cash Flow Growth	-	-	-66.03%	-	-
Free Cash Flow Margin	-3.60%	-31.06%	0.81%	1.24%	-7.24%
Free Cash Flow Per Share	-0.03	-0.18	0.01	0.04	-0.53
Cash Income Tax Paid	31.96	23.18	22.3	36.31	156.63
Levered Free Cash Flow	208.61	-228.4	-742.48	-401.83	426.99
Unlevered Free Cash Flow	208.61	-206.72	-704.28	-358.13	527.15
Change in Working Capital	48.33	-249.43	120.37	292.05	41.05

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