SHA:603819 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	26.33	-38.43	170.33	-80.57	32.35	15.08
Depreciation & Amortization	30.52	30.52	46.92	46.54	45.39	31.01
Other Amortization	0.43	0.43	0.66	0.85	0.7	-
Loss (Gain) From Sale of Assets	-0.15	-0.15	-0.17	-0.57	0.29	-0.19
Asset Writedown & Restructuring Costs	-2.04	-2.04	6.36	228.22	-0.01	-
Loss (Gain) From Sale of Investments	-	-	-176.26	-97.39	-	-
Provision & Write-off of Bad Debts	2.25	2.25	1.26	-4.71	12.44	-1.72
Other Operating Activities	-33.83	92.89	25.54	2.44	27.6	13.81
Change in Accounts Receivable	-60.2	-60.2	-89.64	52.93	-126.14	61.61
Change in Inventory	-28.54	-28.54	116.79	14.63	-151.82	14.42
Change in Accounts Payable	38.33	38.33	-9.14	11.05	30.34	16
Change in Other Net Operating Assets	-	-	0.78	11.5	6.89	0.81
Operating Cash Flow	-38.29	23.66	74.41	186.23	-126.52	151.22
Operating Cash Flow Growth	-	-68.20%	-60.04%	-	-	-
Capital Expenditures	-60.11	-18.68	-8	-21.61	-16.94	-25.54
Sale of Property, Plant & Equipment	0.38	0.48	0.49	2.34	1.25	0.21
Cash Acquisitions	-	-	-	-	-107.21	-
Divestitures	10	52.75	91.03	-	-	-
Investment in Securities	-	-	2.44	-29.87	-	-135.6
Investing Cash Flow	-49.73	34.56	85.96	-49.14	-122.9	-160.93
Short-Term Debt Issued	-	554	694.7	935	836.58	815
Total Debt Issued	625.35	554	694.7	935	836.58	815
Short-Term Debt Repaid	-	-518	-829.7	-1,024	-695.08	-550
Long-Term Debt Repaid	-	-	-1.64	-1.64	-1.77	-
Total Debt Repaid	-564	-518	-831.34	-1,026	-696.86	-550
Net Debt Issued (Repaid)	61.35	36	-136.64	-90.64	139.73	265
Repurchase of Common Stock	-	-	-	-	-	-0.14
Common Dividends Paid	-21.29	-80.08	-24.43	-38.59	-32.59	-61.19
Other Financing Activities	-	-	-	-0.39	17.39	-0.94
Financing Cash Flow	40.06	-44.08	-161.08	-129.61	124.53	202.74
Foreign Exchange Rate Adjustments	-0.02	-0.12	-0.52	-0.01	-0.67	-0.78
Net Cash Flow	-47.99	14.02	-1.22	7.46	-125.56	192.24
Free Cash Flow	-98.4	4.99	66.41	164.61	-143.46	125.68
Free Cash Flow Growth	-	-92.49%	-59.65%	-	-	-
Free Cash Flow Margin	-6.68%	0.39%	5.22%	11.20%	-9.95%	13.36%
Free Cash Flow Per Share	-0.46	0.02	0.30	0.76	-0.67	0.58
Cash Income Tax Paid	-	-3.52	9.74	9.15	-4.21	-6.49
Levered Free Cash Flow	-38.18	131.3	-150.44	64.63	-168.72	80.93
Unlevered Free Cash Flow	-28.12	140.97	-135.99	81.46	-152.67	88.46
Change in Working Capital	-61.8	-61.8	-0.24	91.4	-245.28	93.23

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.