SHA:603117 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	6.98	13.65	-227.74	-596.84	-283.25	47.94
Depreciation & Amortization	56.77	56.77	73.3	105.89	106.8	85.95
Other Amortization	0.42	0.42	2.59	1.14	3.69	6.77
Loss (Gain) From Sale of Assets	0.07	0.07	-3.03	-1.44	-0.01	-
Asset Writedown & Restructuring Costs	0.02	0.02	22.49	174.23	159.88	3.49
Loss (Gain) From Sale of Investments	-6.51	-6.51	-52.95	-6.75	11.29	-3.99
Provision & Write-off of Bad Debts	-0.4	-0.4	73.17	48.7	193.7	5.87
Other Operating Activities	-83.44	12.69	187.04	210.76	-7.82	74.11
Change in Accounts Receivable	133.64	133.64	192.31	726.03	-396.97	-1,306
Change in Inventory	0.12	0.12	96.89	45.61	24.25	-27.46
Change in Accounts Payable	-25.11	-25.11	-200.2	-957.03	-626.03	-39.36
Operating Cash Flow	77.51	180.3	116.59	-219.88	-902.04	-1,167
Operating Cash Flow Growth	-68.00%	54.65%	-	-	-	-
Capital Expenditures	-0.67	-4.08	-2.02	-1.09	-28.07	-27.55
Sale of Property, Plant & Equipment	0.16	0.02	6.24	3.45	0.08	-
Cash Acquisitions	-	-	-	-	-	-50.98
Investment in Securities	-	-	50.09	-	-	-
Other Investing Activities	4.23	9.71	3.09	4.25	1.9	7.5
Investing Cash Flow	3.72	5.65	57.41	6.62	-26.09	-71.03
Long-Term Debt Issued	-	440.86	139.77	225	919.07	1,303
Total Debt Issued	437.54	440.86	139.77	225	919.07	1,303
Long-Term Debt Repaid	-	-481.14	-319.56	-33.55	-39.56	-51.4
Total Debt Repaid	-460.03	-481.14	-319.56	-33.55	-39.56	-51.4
Net Debt Issued (Repaid)	-22.49	-40.29	-179.8	191.45	879.52	1,252
Repurchase of Common Stock	-150.11	-150.11	-	-	-16.12	-12.49
Common Dividends Paid	-4.85	-4.33	-3.67	-5.34	-65.88	-105.75
Other Financing Activities	113.52	-	-	0.55	-	-
Financing Cash Flow	-63.92	-194.72	-183.47	186.66	797.52	1,133
Foreign Exchange Rate Adjustments	1.06	1.06	0.43	2.2	-0.35	2.82
Net Cash Flow	18.37	-7.7	-9.04	-24.4	-130.97	-101.9
Free Cash Flow	76.84	176.22	114.57	-220.96	-930.11	-1,195
Free Cash Flow Growth	-68.31%	53.81%	-	-	-	-
Free Cash Flow Margin	29.29%	59.83%	29.51%	-49.54%	-160.39%	-165.67%
Free Cash Flow Per Share	0.11	0.26	0.18	-0.35	-1.48	-1.99
Cash Income Tax Paid	17.68	22.6	30.06	47.98	135.31	112.19
Levered Free Cash Flow	63.6	199.78	77.19	1,299	1,338	279.97
Unlevered Free Cash Flow	67.44	204.89	88.58	1,314	1,370	329.62
Change in Working Capital	103.6	103.6	41.71	-155.56	-1,086	-1,387

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