SHA:603090 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	65.97	49.36	53.78	53.39	14.66	6.54
Depreciation & Amortization	22.03	22.03	20.06	19.76	19.07	18.29
Other Amortization	4.02	4.02	3.23	2.08	1.59	1.3
Loss (Gain) From Sale of Assets	0.02	0.02	-0	0.08	-	-0.01
Asset Writedown & Restructuring Costs	16.09	16.09	10.3	2.12	5.86	0.15
Loss (Gain) From Sale of Investments	0.25	0.25	0.15	-0.1	-1.61	-0.2
Provision & Write-off of Bad Debts	5.32	5.32	0.57	6.58	9.07	1.68
Other Operating Activities	-24.78	1.9	2.62	0.7	5.02	4.49
Change in Accounts Receivable	-48.46	-48.46	43.15	-47.93	-143.11	39.2
Change in Inventory	0.33	0.33	11.44	-35.89	-50.55	-26.22
Change in Accounts Payable	54.13	54.13	-37.38	15.68	95.47	1.97
Operating Cash Flow	93.92	103.99	111.68	15.94	-52.75	46.57
Operating Cash Flow Growth	-30.70%	-6.89%	600.71%	-	-	78.26%
Capital Expenditures	-26.05	-28.8	-21.01	-15.72	-26.94	-24.61
Sale of Property, Plant & Equipment	0.01	0.01	0.03	0.1	-	0.03
Divestitures	-	0.82	-	-	9.34	-
Investment in Securities	-13.7	-14.7	-0.93	-0.41	-	91
Other Investing Activities	-0.04	0.06	-	0.1	0.89	1.48
Investing Cash Flow	-39.78	-42.62	-21.91	-15.92	-7.56	67.9
Short-Term Debt Issued	-	90.5	166.39	104.4	73	43
Total Debt Issued	105.08	90.5	166.39	104.4	73	43
Short-Term Debt Repaid	-	-121.11	-152.2	-63	-53	-91.5
Long-Term Debt Repaid	-	-2.14	-0.1	-	-	-
Total Debt Repaid	-100.7	-123.25	-152.3	-63	-53	-91.5
Net Debt Issued (Repaid)	4.38	-32.75	14.08	41.4	20	-48.5
Common Dividends Paid	-32.74	-33.09	-33.46	-33.18	-2.03	-12.66
Other Financing Activities	-0.34	3.33	1.35	-0.48	-	-
Financing Cash Flow	-28.7	-62.52	-18.03	7.73	17.97	-61.16
Foreign Exchange Rate Adjustments	2.49	1.21	2.69	3.37	-2.95	-3.32
Net Cash Flow	27.94	0.05	74.43	11.12	-45.29	49.99
Free Cash Flow	67.87	75.19	90.67	0.22	-79.69	21.96
Free Cash Flow Growth	-39.04%	-17.08%	41897.10%	-	-	-
Free Cash Flow Margin	9.07%	10.54%	13.03%	0.03%	-14.25%	6.75%
Free Cash Flow Per Share	0.67	0.75	0.91	0.00	-0.81	0.23
Cash Interest Paid	-	-	-	-	-	0.28
Cash Income Tax Paid	-	-9.38	-5.05	-41.02	3.8	-5.77
Levered Free Cash Flow	21.2	59.79	34.45	-25.2	-74.27	14.99
Unlevered Free Cash Flow	23.52	62.17	36.61	-23.18	-72.99	16.66
Change in Working Capital	5	5	20.98	-68.69	-106.43	14.33

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