SHA:603214 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	110.85	106.41	104.72	85.95	73.48	116.57
Depreciation & Amortization	170.47	170.47	200.83	222.2	168.98	19.76
Other Amortization	29.5	29.5	22.68	33.24	30.2	33.64
Loss (Gain) From Sale of Assets	-4.17	-4.17	-4.51	-4.77	-4.77	0.38
Asset Writedown & Restructuring Costs	-	-	-	-	8.59	-
Loss (Gain) From Sale of Investments	-15.12	-15.12	-26.95	-21.08	-27.55	-22.76
Provision & Write-off of Bad Debts	-1.45	-1.45	1.23	2.88	2.06	-0.23
Other Operating Activities	34.04	33.7	39.02	54.85	40.96	15.23
Change in Accounts Receivable	-0.41	-0.41	113.15	-100.95	-155.21	-9.03
Change in Inventory	38.69	38.69	40.58	31.66	-303.81	61.65
Change in Accounts Payable	-28.1	-28.1	-90.17	131.93	-5.54	-20.14
Change in Other Net Operating Assets	-	-	-	-	-7.12	4.1
Operating Cash Flow	338.2	333.41	398.3	429.07	-174.34	199.63
Operating Cash Flow Growth	13.14%	-16.29%	-7.17%	-	-	54.63%
Capital Expenditures	-44.67	-34.48	-28.58	-53.55	-84.85	-72.94
Sale of Property, Plant & Equipment	0.8	0.5	1.37	1.32	-	1.08
Cash Acquisitions	-	-	-	-	-119.89	-52.89
Investment in Securities	-134.35	-0	-22.38	185.35	-230	-31.78
Other Investing Activities	12.32	20.87	27.76	18.19	26.73	23.19
Investing Cash Flow	-165.89	-13.12	-21.83	151.32	-408.01	-133.33
Short-Term Debt Issued	-	480	510	646.07	610.59	88.66
Total Debt Issued	460	480	510	646.07	610.59	88.66
Short-Term Debt Repaid	-	-568	-522	-729.33	-311.6	-60
Long-Term Debt Repaid	-	-171.9	-209.28	-201.82	-	-
Total Debt Repaid	-531.9	-739.9	-731.28	-931.15	-311.6	-60
Net Debt Issued (Repaid)	-71.9	-259.9	-221.28	-285.08	298.98	28.66
Issuance of Common Stock	-	2.16	1.96	0.98	-	-
Repurchase of Common Stock	-25.02	-25.02	-	-13.88	-	-
Common Dividends Paid	-63.83	-70.95	-51.84	-40.57	-54.16	-54.11
Other Financing Activities	22.98	-7.16	-9.18	-5.59	-156.1	-56.27
Financing Cash Flow	-137.77	-360.87	-280.34	-344.13	88.72	-81.73
Foreign Exchange Rate Adjustments	-0.04	0.14	0.18	0.64	-0.03	-
Net Cash Flow	34.5	-40.43	96.31	236.89	-493.66	-15.43
Free Cash Flow	293.53	298.94	369.72	375.52	-259.2	126.7
Free Cash Flow Growth	13.07%	-19.14%	-1.54%	-	-	145.81%
Free Cash Flow Margin	7.88%	8.62%	11.10%	10.38%	-9.77%	5.62%
Free Cash Flow Per Share	2.12	2.15	2.63	2.67	-1.84	0.90
Cash Income Tax Paid	136.6	133.66	143.27	126.84	111.29	123.35
Levered Free Cash Flow	240.14	251.94	271.42	243.6	-177.2	127.42
Unlevered Free Cash Flow	250.92	265.22	287.45	267.8	-153.97	129.9
Change in Working Capital	14.08	14.08	61.27	55.8	-466.3	37.05

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