SHA:603637 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	92.74	97.24	101.25	103.05	74.89	65.12
Depreciation & Amortization	7.66	7.66	9.43	8.83	8.98	8.83
Other Amortization	3.33	3.33	1.8	1.8	1.8	0.25
Loss (Gain) From Sale of Assets	-	-	0.04	-	0	-0.01
Asset Writedown & Restructuring Costs	-	-	-	3.54	-0.83	2.11
Loss (Gain) From Sale of Investments	-3.69	-3.69	-2.33	-3.2	-12.23	-5.7
Provision & Write-off of Bad Debts	-2.7	-2.7	4.12	-	-	-
Other Operating Activities	143.97	-	-	-	-	-4.59
Change in Accounts Receivable	48.08	48.08	5.06	29.27	102.9	-253.41
Change in Inventory	0.82	0.82	3.55	-	-	34.55
Change in Accounts Payable	-100.68	-100.68	-66.27	-85.18	34.99	16.94
Operating Cash Flow	189.43	49.95	55.78	70.55	195.08	-135.68
Operating Cash Flow Growth	702.22%	-10.45%	-20.93%	-63.84%	-	-
Capital Expenditures	-3	-3.84	-3.58	-5.51	-3.97	-8.17
Sale of Property, Plant & Equipment	0	-	0.01	-	0	0.04
Investment in Securities	15	-90	120	-154.6	168.64	232.75
Other Investing Activities	6.05	5.63	3.84	3.41	0.1	4.69
Investing Cash Flow	18.06	-88.21	120.27	-156.7	164.77	229.31
Repurchase of Common Stock	-	-	-	-	-36.53	-0.42
Common Dividends Paid	-47.74	-31.03	-31.03	-28.64	-35.8	-34.8
Financing Cash Flow	-47.74	-31.03	-31.03	-28.64	-72.32	-35.22
Net Cash Flow	159.75	-69.28	145.02	-114.8	287.53	58.41
Free Cash Flow	186.43	46.11	52.21	65.04	191.11	-143.85
Free Cash Flow Growth	855.36%	-11.67%	-19.73%	-65.97%	-	-
Free Cash Flow Margin	38.45%	8.91%	8.92%	11.32%	17.37%	-13.12%
Free Cash Flow Per Share	0.78	0.19	0.22	0.27	0.79	-0.60
Cash Income Tax Paid	40.79	36.44	44.62	53.08	29.07	15.45
Levered Free Cash Flow	140.79	-3.44	2.61	21.61	154.38	-173.08
Unlevered Free Cash Flow	140.79	-3.44	2.61	21.61	154.38	-173.08
Change in Working Capital	-51.87	-51.87	-58.53	-43.48	122.46	-201.68

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