SHA:603036 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	106.23	95.98	95.12	81.14	55.54
Depreciation & Amortization	17.78	19.85	16.45	16.76	16.49
Other Amortization	-	0.57	0.75	0.75	0.37
Loss (Gain) From Sale of Assets	-0.15	-0	0.37	-2.24	-0.47
Asset Writedown & Restructuring Costs	11.66	0.11	0.24	-	-
Loss (Gain) From Sale of Investments	-10.88	-10.35	-22.5	-14.48	-10.51
Provision & Write-off of Bad Debts	-	3.2	0.85	0.94	0.06
Other Operating Activities	-3.15	6.61	7.62	-2.75	1.28
Change in Accounts Receivable	65.08	-14.58	-17.93	-34.75	-14.93
Change in Inventory	17.45	-41.53	-54.87	-12.61	-33.45
Change in Accounts Payable	-8.14	6.31	27.42	13.15	28.25
Change in Other Net Operating Assets	0.09	-2.8	1.54	2.06	4.83
Operating Cash Flow	195.48	62.66	55.11	49.59	48.3
Operating Cash Flow Growth	211.99%	13.70%	11.13%	2.66%	-9.30%
Capital Expenditures	-15.17	-12.05	-6.95	-5.38	-58.83
Sale of Property, Plant & Equipment	0.09	0.32	0.11	5.6	1.9
Investment in Securities	10.54	-14	2	-13.42	11.9
Other Investing Activities	-95.63	11.38	19.56	14.27	10.84
Investing Cash Flow	-100.17	-14.36	14.72	1.07	-34.19
Long-Term Debt Issued	9.08	-	-	-	-
Net Debt Issued (Repaid)	9.08	-	-	-	-
Repurchase of Common Stock	-	-	-	-3.33	-0.23
Common Dividends Paid	-41.2	-41.2	-39.14	-24.8	-31
Other Financing Activities	-1.47	-	-	-2.3	-1.03
Financing Cash Flow	-33.6	-41.2	-39.14	-30.43	-32.26
Foreign Exchange Rate Adjustments	-0.43	0.53	0.63	9.29	-1.5
Net Cash Flow	61.29	7.63	31.31	29.52	-19.64
Free Cash Flow	180.31	50.6	48.16	44.21	-10.53
Free Cash Flow Growth	256.32%	5.08%	8.93%	-	-
Free Cash Flow Margin	41.25%	12.39%	12.68%	14.40%	-3.90%
Free Cash Flow Per Share	0.87	0.25	0.23	0.21	-0.05
Cash Income Tax Paid	46.82	42.82	43.4	22.31	26.31
Levered Free Cash Flow	146.83	39.22	31.28	29.06	-24.57
Unlevered Free Cash Flow	146.83	39.22	31.28	29.06	-24.57
Change in Working Capital	73.99	-53.31	-43.8	-30.52	-14.46

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