SHA:603767 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	-5.78	-5.8	33.25	72.76	42.24	63.66
Depreciation & Amortization	87.84	87.84	90.92	88.37	88.15	86.78
Other Amortization	4.07	4.07	2.65	2.91	3.23	3.24
Loss (Gain) From Sale of Assets	0	0	-0.56	-0.25	-0.2	-1.71
Asset Writedown & Restructuring Costs	13.48	13.48	0.06	1.15	-1.17	0.69
Loss (Gain) From Sale of Investments	29.53	29.53	-0.21	-0.52	0.12	0.24
Provision & Write-off of Bad Debts	2.98	2.98	9.81	5.36	-	-
Other Operating Activities	-1.49	5.13	3.84	3.71	-1.93	1.18
Change in Accounts Receivable	18.28	18.28	193	-30.45	59.3	99.6
Change in Inventory	5.8	5.8	10.79	3.65	22.95	-38.04
Change in Accounts Payable	6.94	6.94	-165.96	56.16	-116.91	34.07
Change in Other Net Operating Assets	-	-	-	1.83	4.35	5.68
Operating Cash Flow	152.98	159.57	174	201.31	96.71	253.15
Operating Cash Flow Growth	-14.03%	-8.29%	-13.57%	108.16%	-61.80%	452.20%
Capital Expenditures	-37.26	-24.12	-19.93	-53.31	-43.19	-99.42
Sale of Property, Plant & Equipment	-	0	1.02	0.71	0.35	2.82
Investment in Securities	-	-	0.94	-	-80	-
Other Investing Activities	0.19	-	0.34	-	-	-
Investing Cash Flow	-37.07	-24.12	-17.63	-52.61	-122.84	-96.6
Issuance of Common Stock	-	-	-	7.7	10.07	-
Repurchase of Common Stock	-	-	-	-	-0.03	-0.4
Common Dividends Paid	-61.73	-61.73	-61.73	-92.23	-91.79	-45.91
Financing Cash Flow	-61.73	-61.73	-61.73	-84.54	-81.76	-46.31
Foreign Exchange Rate Adjustments	0.07	-0.07	0.72	0.22	1.93	-1.18
Net Cash Flow	54.25	73.65	95.36	64.39	-105.96	109.05
Free Cash Flow	115.72	135.44	154.07	148	53.52	153.72
Free Cash Flow Growth	-29.56%	-12.09%	4.10%	176.51%	-65.18%	-
Free Cash Flow Margin	12.62%	14.84%	16.97%	13.40%	5.38%	13.72%
Free Cash Flow Per Share	0.40	0.47	0.51	0.49	0.18	0.51
Cash Income Tax Paid	38.27	38.66	35.39	33.38	42.37	22.01
Levered Free Cash Flow	145.29	135.59	83.85	150.39	15.92	83.94
Unlevered Free Cash Flow	145.29	135.59	83.85	150.39	15.92	83.94
Change in Working Capital	22.36	22.36	34.23	27.82	-33.73	99.07