SHA:603788 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	193.89	190.59	162.64	114.91	145.46	179.33
Depreciation & Amortization	33.54	33.54	31.56	32.24	29.01	20.07
Other Amortization	0.7	0.7	-	-	-	-
Loss (Gain) From Sale of Assets	0.13	0.13	0.01	0.04	0.07	0.01
Asset Writedown & Restructuring Costs	-	-	-	9.57	-	-
Loss (Gain) From Sale of Investments	-16.32	-16.32	-7.17	-16.63	-11.68	-11.95
Provision & Write-off of Bad Debts	3.5	3.5	8.19	7.03	3.22	-4.84
Other Operating Activities	121.43	8.23	4.74	2.88	1.75	1.23
Change in Accounts Receivable	-138.09	-138.09	-224.59	-29.77	42.95	-13.18
Change in Inventory	-16.07	-16.07	-10.15	-22.2	-12.86	-28.18
Change in Accounts Payable	65.78	65.78	141.76	34.25	-42.21	33.95
Change in Other Net Operating Assets	-	-	-	-	5.03	1.31
Operating Cash Flow	242.88	126.38	102.23	132.27	160.26	176.94
Operating Cash Flow Growth	35.56%	23.62%	-22.71%	-17.46%	-9.43%	-46.53%
Capital Expenditures	-123.22	-150.4	-141.46	-182.12	-19.51	-21.81
Sale of Property, Plant & Equipment	0.17	0.15	0.03	0.01	0.03	0.01
Investment in Securities	-192.62	-449.47	172.74	-156.47	-117.96	0.6
Other Investing Activities	7.72	1.99	-2	-	-	-
Investing Cash Flow	-307.95	-597.74	29.31	-338.58	-137.45	-21.2
Short-Term Debt Issued	-	109.12	15.2	-	-	-
Total Debt Issued	189.05	109.12	15.2	-	-	-
Long-Term Debt Repaid	-	-10.8	-10.02	-8.99	-8.99	-
Total Debt Repaid	-100.45	-10.8	-10.02	-8.99	-8.99	-
Net Debt Issued (Repaid)	88.6	98.32	5.18	-8.99	-8.99	-
Common Dividends Paid	-156.15	-133.84	-111.53	-111.53	-133.84	-134.62
Other Financing Activities	-11.92	-	-	-	0.4	-
Financing Cash Flow	-79.47	-35.52	-106.36	-120.52	-142.43	-134.62
Net Cash Flow	-144.47	-506.88	25.18	-326.84	-119.61	21.11
Free Cash Flow	119.66	-24.03	-39.23	-49.85	140.75	155.12
Free Cash Flow Growth	81.59%	-	-	-	-9.27%	-48.41%
Free Cash Flow Margin	7.83%	-1.65%	-3.10%	-4.81%	14.94%	17.40%
Free Cash Flow Per Share	0.54	-0.11	-0.18	-0.23	0.63	0.69
Cash Income Tax Paid	110.39	108.84	73.71	72.7	69.49	79.22
Levered Free Cash Flow	156.22	9.03	-84.95	-103.74	70.45	75.5
Unlevered Free Cash Flow	157.61	10.12	-84.64	-103.14	71.23	75.99
Change in Working Capital	-94	-94	-97.75	-17.77	-7.57	-6.91

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