SHA:603729 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	-59.36	8.33	-52.42	-185.38	-63.02	-21.63
Depreciation & Amortization	4.7	4.7	8.3	11.41	10.96	6.92
Other Amortization	0.43	0.43	0.08	0.57	0.61	0.72
Loss (Gain) From Sale of Assets	-0.24	-0.24	-0.24	-0.21	-	-
Asset Writedown & Restructuring Costs	1.19	1.19	7	-	-	-
Loss (Gain) From Sale of Investments	-1.85	-1.85	-4.54	102.01	-16.65	-13.81
Provision & Write-off of Bad Debts	4.33	4.33	0.26	3.69	12.35	43.59
Other Operating Activities	124.1	6.41	2.43	10.13	10.74	14.44
Change in Accounts Receivable	-79.19	-79.19	59.37	128.23	-42.45	124.44
Change in Inventory	-14.84	-14.84	1.82	5.4	-17.34	0.56
Change in Accounts Payable	57.42	57.42	-0.86	-18.68	128.72	-174.49
Operating Cash Flow	35.5	-14.5	16.94	43.74	20.04	-29.06
Operating Cash Flow Growth	-	-	-61.27%	118.29%	-	-
Capital Expenditures	-0.13	-0.2	-0.72	-1.04	-0.89	-5.23
Sale of Property, Plant & Equipment	1.04	1.03	0.48	0.27	-	-
Cash Acquisitions	-15.2	-30	-83	-	-	-
Divestitures	0.69	0.69	-	-	-	-
Investment in Securities	2.2	-	29.37	-38.5	-4.56	120.68
Other Investing Activities	-34.57	0	-	47.87	7.56	2.3
Investing Cash Flow	-45.98	-28.48	-53.87	12.32	2.11	117.75
Short-Term Debt Issued	-	-	-	-	67.58	240.98
Long-Term Debt Issued	-	76.07	118.26	63.89	-	-
Total Debt Issued	104.46	76.07	118.26	63.89	67.58	240.98
Short-Term Debt Repaid	-	-	-	-	-146.28	-228.04
Long-Term Debt Repaid	-	-60.4	-72.49	-132.27	-4.12	-
Total Debt Repaid	-114	-60.4	-72.49	-132.27	-150.39	-228.04
Net Debt Issued (Repaid)	-9.53	15.68	45.78	-68.38	-82.81	12.94
Issuance of Common Stock	-	-	0.49	2.45	-	3.56
Repurchase of Common Stock	-	-	-6.27	-10	-	-1.2
Common Dividends Paid	-7.89	-6.15	-4.62	-4.95	-7.84	-9.98
Other Financing Activities	35.5	35.22	-	-	0.49	-1.05
Financing Cash Flow	18.08	44.76	35.38	-80.87	-90.16	4.27
Net Cash Flow	7.61	1.78	-1.55	-24.81	-68.01	92.96
Free Cash Flow	35.37	-14.69	16.22	42.71	19.15	-34.29
Free Cash Flow Growth	-	-	-62.01%	122.98%	-	-
Free Cash Flow Margin	8.50%	-4.35%	4.92%	9.91%	2.59%	-5.52%
Free Cash Flow Per Share	0.37	-0.16	0.18	0.46	0.21	-0.36
Cash Income Tax Paid	8.4	6.41	2.8	6.84	4.88	3.66
Levered Free Cash Flow	-21.74	-14.48	135	80.81	-0.6	-125.8
Unlevered Free Cash Flow	-17.17	-10.47	138.16	83.72	4.63	-119.52
Change in Working Capital	-37.81	-37.81	56.07	101.52	65.05	-59.29

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