SHA:603082 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	165.92	170.11	155.25	130.57	115.78	79.2
Depreciation & Amortization	10.38	10.38	9.04	8.81	5.67	0.5
Other Amortization	0.19	0.19	-	-	-	-
Loss (Gain) From Sale of Assets	0.04	0.04	0	0	0.02	-
Loss (Gain) From Sale of Investments	-6.81	-6.81	-	-	-1.46	-0.83
Provision & Write-off of Bad Debts	30.61	30.61	21.48	14.65	6.18	15.68
Other Operating Activities	-67.77	1.43	1.42	2.27	3.2	-
Change in Accounts Receivable	107.22	107.22	49.89	-69.23	-298.91	-432.58
Change in Inventory	120.13	120.13	-35.62	-291.53	-260.92	-225.29
Change in Accounts Payable	-283.18	-283.18	-96.04	287.56	607.79	491.43
Operating Cash Flow	71.24	144.63	101.81	80.45	175.37	-74.34
Operating Cash Flow Growth	-40.23%	42.06%	26.54%	-54.12%	-	-
Capital Expenditures	-148.71	-93.56	-6.29	-7.24	-4.34	-0.1
Sale of Property, Plant & Equipment	-	0.09	0	0.01	0.06	-
Other Investing Activities	6.86	7.22	-	-	135.36	-46.54
Investing Cash Flow	328.15	-86.25	-6.28	-7.23	131.07	-46.64
Long-Term Debt Issued	-	-	-	-	48	-
Long-Term Debt Repaid	-	-14.3	-0.6	-36.6	-53.4	-
Net Debt Issued (Repaid)	-2.3	-14.3	-0.6	-36.6	-5.4	-
Issuance of Common Stock	-	818.02	-	-	-	148.43
Common Dividends Paid	-94.09	-94.3	-0.56	-62.27	-71.93	-21.99
Other Financing Activities	2.22	-16.24	-	-	-0.47	-
Financing Cash Flow	-94.17	693.18	-1.16	-98.87	-77.8	126.44
Net Cash Flow	305.22	751.56	94.37	-25.65	228.64	5.46
Free Cash Flow	-77.47	51.07	95.52	73.21	171.03	-74.45
Free Cash Flow Growth	-	-46.54%	30.47%	-57.19%	-	-
Free Cash Flow Margin	-3.85%	2.48%	5.13%	4.61%	12.80%	-6.71%
Free Cash Flow Per Share	-0.48	0.32	0.79	0.60	1.42	-
Cash Interest Paid	0.45	0.45	0.61	-	-	-
Cash Income Tax Paid	57.66	71.9	71.46	102.97	70.94	19.26
Levered Free Cash Flow	-100.05	-9.3	29.18	47.07	267.11	-144.25
Unlevered Free Cash Flow	-99.94	-8.86	29.96	48.48	268.81	-144.25
Change in Working Capital	-61.31	-61.31	-85.38	-75.85	45.97	-168.9

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