SHA:603070 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	92.5	96.04	174.75	205.12	190.02	177.34
Depreciation & Amortization	73.75	73.75	67.45	57.18	51.52	47.92
Other Amortization	2.17	2.17	1.02	1.12	0.37	0.2
Loss (Gain) From Sale of Assets	1.3	1.3	0.14	1.57	0.68	-0.06
Asset Writedown & Restructuring Costs	0.81	0.81	8.43	0.06	0.77	1.05
Loss (Gain) From Sale of Investments	1.78	1.78	-0.13	0.24	-0.24	-
Provision & Write-off of Bad Debts	0.48	0.48	11.91	8.13	9.33	0.88
Other Operating Activities	13.29	-1.24	15.17	20.46	20.94	28.67
Change in Accounts Receivable	205.82	205.82	-158.48	-211.08	-296.25	-111.24
Change in Inventory	32.23	32.23	-10.5	44.93	-69.28	-19.02
Change in Accounts Payable	-100.53	-100.53	248.59	36.78	135.89	82.29
Change in Other Net Operating Assets	-0.56	-0.56	0.56	-	-	-
Operating Cash Flow	322.69	311.7	357.73	164.24	42.28	207.29
Operating Cash Flow Growth	29.52%	-12.87%	117.81%	288.46%	-79.60%	9.10%
Capital Expenditures	-48.6	-113.9	-152.96	-141.76	-111.26	-63.79
Sale of Property, Plant & Equipment	5.27	6.33	5.07	2.15	1.83	1.41
Divestitures	-	-	-1.46	-	-	-
Investment in Securities	135.52	135.52	-300	-	-	-
Investing Cash Flow	-485.98	27.95	-449.36	-139.61	-109.43	-62.39
Long-Term Debt Issued	-	331.39	441.7	571.23	302	582.79
Total Debt Issued	171.39	331.39	441.7	571.23	302	582.79
Long-Term Debt Repaid	-	-583.31	-415.83	-568.14	-320.71	-557.21
Total Debt Repaid	-191.36	-583.31	-415.83	-568.14	-320.71	-557.21
Net Debt Issued (Repaid)	-19.97	-251.92	25.87	3.09	-18.71	25.58
Issuance of Common Stock	-	-	-	526.52	-	-
Common Dividends Paid	-31.1	-63.19	-45.29	-77.43	-18.38	-19.03
Other Financing Activities	-4.67	4	4.7	-21.95	-1.53	-99.88
Financing Cash Flow	-55.75	-311.11	-14.72	430.24	-38.62	-93.34
Foreign Exchange Rate Adjustments	0.31	0.44	0.17	0.32	0.02	-0.36
Net Cash Flow	-218.73	28.99	-106.17	455.19	-105.75	51.2
Free Cash Flow	274.09	197.8	204.76	22.48	-68.98	143.49
Free Cash Flow Growth	172.27%	-3.40%	810.99%	-	-	-1.24%
Free Cash Flow Margin	13.93%	9.76%	8.93%	1.01%	-3.19%	8.49%
Free Cash Flow Per Share	0.68	0.49	0.51	0.06	-0.20	0.42
Cash Income Tax Paid	78.04	72.41	111	118.5	92.91	113.38
Levered Free Cash Flow	162.91	58.5	235.67	-9.86	-120.55	72.99
Unlevered Free Cash Flow	163.96	61.96	245.8	1.44	-109.92	85.54
Change in Working Capital	136.62	136.62	78.99	-129.64	-231.12	-48.71

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