SHA:603383 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	178.2	193.99	233.26	166.04	137.43
Depreciation & Amortization	8.94	8.36	11.25	10.92	10.31
Other Amortization	0.69	1.62	0.14	0.14	0.02
Loss (Gain) From Sale of Assets	-	0.04	0.01	-	-0.01
Asset Writedown & Restructuring Costs	2.14	0.01	0.24	0	0.08
Loss (Gain) From Sale of Investments	-23.07	-11.54	-11.39	-4.99	-9.59
Provision & Write-off of Bad Debts	1.33	-3	1.26	1.39	1.17
Other Operating Activities	0.36	-0.76	1.87	-1.2	1.91
Change in Accounts Receivable	15.06	13.83	-10.38	-3.27	-3.41
Change in Inventory	-10.68	12.29	-2.01	-13.2	-29.35
Change in Accounts Payable	54.72	-33.75	-6.88	20.56	38.69
Change in Other Net Operating Assets	2.92	7.73	15.77	25.87	2.09
Operating Cash Flow	225.15	193.03	231.22	196.37	146.87
Operating Cash Flow Growth	16.64%	-16.52%	17.75%	33.70%	-9.32%
Capital Expenditures	-3.34	-5.81	-37.93	-5.19	-11.8
Sale of Property, Plant & Equipment	-	0.19	0.01	-	-
Cash Acquisitions	-	-	-	0.24	-
Investment in Securities	-2,111	-216.25	-160	-50.27	219.41
Other Investing Activities	1,739	14.19	14.42	10.52	13.7
Investing Cash Flow	-374.87	-207.68	-183.5	-44.7	221.3
Short-Term Debt Repaid	-	-	-	-	-6
Total Debt Repaid	-	-	-	-	-6
Net Debt Issued (Repaid)	-	-	-	-	-6
Issuance of Common Stock	-	-	-	8.29	40.39
Repurchase of Common Stock	-	-5.53	-0.89	-2.93	-
Common Dividends Paid	-164.31	-229.39	-137.02	-94.01	-67.37
Other Financing Activities	-0.08	-	-	0.49	1.86
Financing Cash Flow	-164.39	-234.92	-137.91	-88.16	-31.13
Net Cash Flow	-314.11	-249.57	-90.19	63.51	337.05
Free Cash Flow	221.81	187.22	193.29	191.18	135.07
Free Cash Flow Growth	18.48%	-3.14%	1.10%	41.54%	-9.12%
Free Cash Flow Margin	38.14%	28.21%	25.98%	30.61%	26.86%
Free Cash Flow Per Share	1.08	0.92	0.95	0.94	0.67
Cash Income Tax Paid	-	47.52	53.17	49	40.04
Levered Free Cash Flow	119.15	98.76	88.29	123.84	120.96
Unlevered Free Cash Flow	119.15	98.76	88.29	123.84	121
Change in Working Capital	56.55	4.3	-5.43	24.07	5.56

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.