SHA:603207 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	213.5	205.27	203.63	175.18	126.27	159.93
Depreciation & Amortization	2.8	2.8	3.23	3.65	4.17	4.08
Other Amortization	0.24	0.24	0.29	0.25	0.24	0.07
Loss (Gain) From Sale of Assets	-	-	-	-0	-	-0.25
Asset Writedown & Restructuring Costs	-	-	-	0.27	0.06	-0.15
Loss (Gain) From Sale of Investments	-0.02	-0.02	-2.25	-2.96	-2.83	-3.67
Stock-Based Compensation	0.79	0.79	1.99	4.08	43.78	-
Provision & Write-off of Bad Debts	0.22	0.22	0.17	1.37	-0.71	-0.06
Other Operating Activities	-41.86	0.1	0.13	0.05	0.08	-0
Change in Accounts Receivable	-6.76	-6.76	-4.39	-33.68	12.74	3.78
Change in Inventory	4.61	4.61	7.2	-4.12	-13.25	2.51
Change in Accounts Payable	5.45	5.45	-9.15	-6.63	9.51	10.95
Operating Cash Flow	178.48	212.21	200.26	137.2	179.51	177.09
Operating Cash Flow Growth	-17.02%	5.97%	45.96%	-23.57%	1.37%	16.89%
Capital Expenditures	-65.57	-83.94	-80.15	-61.59	-12.48	-38.58
Sale of Property, Plant & Equipment	0.11	-	-	-	0.46	-
Investment in Securities	-20	-450.1	107.27	54.02	-97.57	37.39
Other Investing Activities	3.66	3.09	-0.72	0.9	5.19	1.33
Investing Cash Flow	-81.8	-530.95	26.4	-6.67	-104.4	0.14
Short-Term Debt Issued	-	1.65	-	-	-	-
Total Debt Issued	1.65	1.65	-	-	-	-
Long-Term Debt Repaid	-	-0.23	-0.45	-	-	-
Net Debt Issued (Repaid)	1.43	1.43	-0.45	-	-	-
Issuance of Common Stock	17.96	472.36	1.98	-	3.4	-
Common Dividends Paid	-240.84	-	-	-111.39	-84.56	-137.71
Other Financing Activities	-14.66	-10.73	-4.3	-5.28	-1.2	-
Financing Cash Flow	-236.12	463.06	-2.78	-116.67	-82.36	-137.71
Net Cash Flow	-139.45	144.31	223.87	13.85	-7.25	39.52
Free Cash Flow	112.9	128.27	120.11	75.61	167.03	138.51
Free Cash Flow Growth	-11.15%	6.79%	58.86%	-54.73%	20.59%	-5.64%
Free Cash Flow Margin	22.38%	27.03%	25.45%	16.55%	41.57%	38.34%
Free Cash Flow Per Share	0.70	0.96	1.00	0.63	1.39	-
Cash Income Tax Paid	78.2	62.86	81.73	71.64	59.18	51.17
Levered Free Cash Flow	131.01	114.93	106.55	-37.4	211.19	89.01
Unlevered Free Cash Flow	131.02	114.95	106.58	-37.36	211.25	89.01
Change in Working Capital	2.79	2.79	-6.92	-44.7	8.44	17.14

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