SHA:603062 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	236.24	210.86	166.96	260	325.61	175.65
Depreciation & Amortization	14.81	14.81	14.24	14.17	-	-
Other Amortization	1.91	1.91	1.04	0.33	-	-
Loss (Gain) From Sale of Assets	0.76	0.76	0.31	0.24	-	-
Loss (Gain) From Sale of Investments	-22.81	-22.81	-1.87	-1.77	-	-
Provision & Write-off of Bad Debts	41.07	41.07	14.02	-14.3	-	-
Other Operating Activities	246.38	5.36	9.9	14.34	-757.02	-187.53
Change in Accounts Receivable	-937.16	-937.16	-648.47	-291.98	-	-
Change in Inventory	-31.17	-31.17	-32.42	21.22	-	-
Change in Accounts Payable	787.64	787.64	430.83	262.06	-	-
Change in Other Net Operating Assets	-2.43	-2.43	6.67	15.63	-	-
Operating Cash Flow	321.47	55.08	-41.42	283.01	-431.41	-11.88
Capital Expenditures	-92.33	-130.65	-15.15	-16.06	-39.51	-10.34
Sale of Property, Plant & Equipment	0.45	0.85	-	-	2.77	-
Investment in Securities	-232.49	383.89	-1,071	5.6	-5.6	-
Other Investing Activities	18.07	20.6	0.13	1.77	6.93	3.87
Investing Cash Flow	-306.3	274.69	-1,086	-8.69	-35.41	-6.47
Long-Term Debt Issued	-	153.38	61.81	429.37	915.11	395.8
Long-Term Debt Repaid	-	-16.27	-89.83	-463.24	-238	-189.49
Net Debt Issued (Repaid)	200.46	137.11	-28.02	-33.87	677.11	206.31
Issuance of Common Stock	-	-	1,454	-	-	7.5
Repurchase of Common Stock	-70	-70	-	-	-	-
Common Dividends Paid	-248.3	-201.42	-132.36	-149.91	-135.78	-14.18
Other Financing Activities	56.57	12.62	-5.12	44	-66.17	-158.43
Financing Cash Flow	-61.27	-121.7	1,288	-139.78	475.17	41.2
Foreign Exchange Rate Adjustments	-0.01	-0.01	-0.04	-0.44	-0.1	0.03
Miscellaneous Cash Flow Adjustments	-	-	-	-	0	-0
Net Cash Flow	-46.1	208.06	160.61	134.1	8.25	22.88
Free Cash Flow	229.14	-75.58	-56.57	266.94	-470.92	-22.22
Free Cash Flow Margin	10.94%	-3.53%	-4.96%	19.25%	-23.66%	-2.36%
Free Cash Flow Per Share	2.17	-0.71	-0.66	3.30	-5.81	-0.33
Cash Income Tax Paid	160.02	85.81	74.82	142.18	150.45	61.27
Levered Free Cash Flow	278.93	-114.14	-76.73	515.64	-165.33	-
Unlevered Free Cash Flow	280.53	-113.07	-75.05	523.58	-150.12	-
Change in Working Capital	-196.89	-196.89	-246.01	10	-	-

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