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	2019
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	2019
Net Income	165.92	170.11	155.25	130.57	115.78	79.2	Upgrade
Depreciation & Amortization	10.38	10.38	9.04	8.81	5.67	0.5	Upgrade
Other Amortization	0.19	0.19	-	-	-	-	Upgrade
Loss (Gain) From Sale of Assets	0.04	0.04	0	0	0.02	-	Upgrade
Loss (Gain) From Sale of Investments	-6.81	-6.81	-	-	-1.46	-0.83	Upgrade
Provision & Write-off of Bad Debts	30.61	30.61	21.48	14.65	6.18	15.68	Upgrade
Other Operating Activities	-67.77	1.43	1.42	2.27	3.2	-	Upgrade
Change in Accounts Receivable	107.22	107.22	49.89	-69.23	-298.91	-432.58	Upgrade
Change in Inventory	120.13	120.13	-35.62	-291.53	-260.92	-225.29	Upgrade
Change in Accounts Payable	-283.18	-283.18	-96.04	287.56	607.79	491.43	Upgrade
Operating Cash Flow	71.24	144.63	101.81	80.45	175.37	-74.34	Upgrade
Operating Cash Flow Growth	-40.23%	42.06%	26.54%	-54.12%	-	-	Upgrade
Capital Expenditures	-148.71	-93.56	-6.29	-7.24	-4.34	-0.1	Upgrade
Sale of Property, Plant & Equipment	-	0.09	0	0.01	0.06	-	Upgrade
Other Investing Activities	6.86	7.22	-	-	135.36	-46.54	Upgrade
Investing Cash Flow	328.15	-86.25	-6.28	-7.23	131.07	-46.64	Upgrade
Long-Term Debt Issued	-	-	-	-	48	-	Upgrade
Long-Term Debt Repaid	-	-14.3	-0.6	-36.6	-53.4	-	Upgrade
Net Debt Issued (Repaid)	-2.3	-14.3	-0.6	-36.6	-5.4	-	Upgrade
Issuance of Common Stock	-	818.02	-	-	-	148.43	Upgrade
Common Dividends Paid	-94.09	-94.3	-0.56	-62.27	-71.93	-21.99	Upgrade
Other Financing Activities	2.22	-16.24	-	-	-0.47	-	Upgrade
Financing Cash Flow	-94.17	693.18	-1.16	-98.87	-77.8	126.44	Upgrade
Net Cash Flow	305.22	751.56	94.37	-25.65	228.64	5.46	Upgrade
Free Cash Flow	-77.47	51.07	95.52	73.21	171.03	-74.45	Upgrade
Free Cash Flow Growth	-	-46.54%	30.47%	-57.19%	-	-	Upgrade
Free Cash Flow Margin	-3.85%	2.48%	5.13%	4.61%	12.80%	-6.71%	Upgrade
Free Cash Flow Per Share	-0.48	0.32	0.79	0.60	1.42	-	Upgrade
Cash Interest Paid	0.45	0.45	0.61	-	-	-	Upgrade
Cash Income Tax Paid	57.66	71.9	71.46	102.97	70.94	19.26	Upgrade
Levered Free Cash Flow	-100.05	-9.3	29.18	47.07	267.11	-144.25	Upgrade
Unlevered Free Cash Flow	-99.94	-8.86	29.96	48.48	268.81	-144.25	Upgrade
Change in Working Capital	-61.31	-61.31	-85.38	-75.85	45.97	-168.9	Upgrade

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