SHA:603418 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	Jun '25 Jun 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	479.06	405.16	321.22	233.03	129.12	56.05
Depreciation & Amortization	77.62	16.6	17.19	10.49	8.33	6.49
Other Operating Activities	-662.11	-674.7	-300.39	-194.4	-207.39	-76.15
Operating Cash Flow	-105.44	-252.94	38.02	49.12	-69.94	-13.61
Operating Cash Flow Growth	-	-	-22.59%	-	-	-
Capital Expenditures	-414.48	-327.69	-242.52	-156.42	-119.26	-78.3
Sale of Property, Plant & Equipment	1.09	0.49	0.13	0.66	0.19	0.01
Other Investing Activities	-	-	-	-	-	0.07
Investing Cash Flow	-413.39	-327.2	-242.39	-155.75	-119.07	-78.22
Long-Term Debt Issued	-	1,002	511.43	514.69	394.13	138.05
Long-Term Debt Repaid	-	-497.97	-490.68	-340.49	-164.22	-138.21
Net Debt Issued (Repaid)	487.16	504.06	20.75	174.2	229.91	-0.16
Issuance of Common Stock	-	-	10.49	359.52	-	115
Common Dividends Paid	-22.02	-19.15	-12.55	-74.87	-9.01	-7.51
Other Financing Activities	43.76	65.96	-95.5	-51.69	15.61	26.06
Financing Cash Flow	508.91	550.87	-76.82	407.16	236.52	133.39
Foreign Exchange Rate Adjustments	9.36	-12.07	1.73	0.01	-0.01	0.01
Net Cash Flow	-0.55	-41.35	-279.45	300.53	47.5	41.56
Free Cash Flow	-519.92	-580.63	-204.5	-107.3	-189.2	-91.91
Free Cash Flow Margin	-11.65%	-14.70%	-7.04%	-4.57%	-12.52%	-11.33%
Free Cash Flow Per Share	-3.59	-4.01	-1.41	-0.80	-1.42	-0.74
Cash Income Tax Paid	139.2	132.47	124.14	96.9	42.37	31.82
Levered Free Cash Flow	-363.91	-586.65	-312.28	-141.09	-305.94	-82.42
Unlevered Free Cash Flow	-339.36	-564.96	-299.02	-124.93	-297.72	-79.31

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