SHA:603156 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,425	1,260	1,722	1,467	1,474	2,111
Depreciation & Amortization	106.12	106.12	98.34	94.31	98.87	87.51
Other Amortization	0.56	0.56	-	-	-	-
Loss (Gain) From Sale of Assets	-0	-0	0	0.26	2.87	1.64
Asset Writedown & Restructuring Costs	2.36	2.36	18.53	8.93	0	2.12
Loss (Gain) From Sale of Investments	-41.35	-41.35	-135.98	73.63	-79.43	-361.44
Provision & Write-off of Bad Debts	-0.58	-0.58	1.17	-1.3	0.14	-0.16
Other Operating Activities	-306.89	10.61	28.46	96.08	3.56	-0.61
Change in Accounts Receivable	47.96	47.96	81.78	-73.74	-90.23	62.87
Change in Inventory	-20.76	-20.76	128.42	-257.37	203.32	-94.66
Change in Accounts Payable	667.75	667.75	-537.34	1,007	-476.76	202.93
Operating Cash Flow	1,802	1,954	1,431	2,394	1,153	2,029
Operating Cash Flow Growth	-13.13%	36.55%	-40.23%	107.55%	-43.14%	87.69%
Capital Expenditures	-15.82	-33.84	-37.77	-263.98	-192.74	-55.32
Sale of Property, Plant & Equipment	0.06	0.08	0.21	1.61	1.22	0.76
Investment in Securities	-643	-732.6	-1,305	1,486	2,134	-432.21
Other Investing Activities	443.71	449.38	92.64	157.5	109.61	354.57
Investing Cash Flow	-215.05	-316.98	-1,250	1,381	2,052	-132.19
Long-Term Debt Issued	-	1,510	323	1,143	500	-
Long-Term Debt Repaid	-	-1,100	-1,380	-486.04	-100	-
Net Debt Issued (Repaid)	610	410	-1,057	656.99	400	-
Repurchase of Common Stock	-	-	-108.67	-	-	-
Common Dividends Paid	-2,344	-2,344	-2,023	-2,278	-2,531	-1,519
Other Financing Activities	-13.52	-11.4	-11.91	-21.77	-2.75	3
Financing Cash Flow	-1,748	-1,946	-3,200	-1,643	-2,134	-1,516
Net Cash Flow	-160.8	-308.73	-3,020	2,133	1,072	380.77
Free Cash Flow	1,786	1,920	1,393	2,130	960.67	1,973
Free Cash Flow Growth	-12.36%	37.82%	-34.60%	121.71%	-51.31%	144.50%
Free Cash Flow Margin	29.60%	35.98%	23.00%	34.57%	16.22%	28.57%
Free Cash Flow Per Share	1.42	1.52	1.10	1.68	0.76	1.56
Cash Interest Paid	13.52	11.4	11.91	21.77	2.75	-
Cash Income Tax Paid	656.1	686.76	983.75	985.46	1,042	875.81
Levered Free Cash Flow	683.77	520.06	1,344	1,550	808.13	1,590
Unlevered Free Cash Flow	692.22	527.18	1,352	1,564	809.85	1,590
Change in Working Capital	616.19	616.19	-301.7	654.57	-346.85	188.67

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