SHA:603637 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	66.12	97.24	101.25	103.05	74.89
Depreciation & Amortization	7.33	9.34	9.43	8.83	8.98
Other Amortization	3.35	1.64	1.8	1.8	1.8
Loss (Gain) From Sale of Assets	0.01	-	0.04	-	0
Asset Writedown & Restructuring Costs	-	-	-	3.54	-0.83
Loss (Gain) From Sale of Investments	-3.33	-3.69	-2.33	-3.2	-12.23
Provision & Write-off of Bad Debts	-2.71	-2.88	4.12	-	-
Other Operating Activities	0.15	0.18	-	-	-
Change in Accounts Receivable	35.8	48.08	5.06	29.27	102.9
Change in Inventory	-0.14	0.82	3.55	-	-
Change in Accounts Payable	-46.28	-100.68	-66.27	-85.18	34.99
Operating Cash Flow	61.4	49.95	55.78	70.55	195.08
Operating Cash Flow Growth	22.92%	-10.45%	-20.93%	-63.84%	-
Capital Expenditures	-2.9	-3.84	-3.58	-5.51	-3.97
Sale of Property, Plant & Equipment	0	-	0.01	-	0
Investment in Securities	40	-90	120	-154.6	168.64
Other Investing Activities	5.04	5.63	3.84	3.41	0.1
Investing Cash Flow	42.14	-88.21	120.27	-156.7	164.77
Repurchase of Common Stock	-	-	-	-	-36.53
Common Dividends Paid	-47.74	-31.03	-31.03	-28.64	-35.8
Financing Cash Flow	-47.74	-31.03	-31.03	-28.64	-72.32
Net Cash Flow	55.8	-69.28	145.02	-114.8	287.53
Free Cash Flow	58.5	46.11	52.21	65.04	191.11
Free Cash Flow Growth	26.85%	-11.67%	-19.73%	-65.97%	-
Free Cash Flow Margin	12.66%	8.91%	8.92%	11.32%	17.37%
Free Cash Flow Per Share	0.25	0.19	0.22	0.27	0.79
Cash Income Tax Paid	29.99	36.44	44.62	53.08	29.07
Levered Free Cash Flow	30.04	-3.33	2.61	21.61	154.38
Unlevered Free Cash Flow	30.04	-3.33	2.61	21.61	154.38
Change in Working Capital	-9.52	-51.87	-58.53	-43.48	122.46

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