SHA:605058 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	147.98	141.5	132.92	133.08	142.72	124.77
Depreciation & Amortization	66.24	66.24	63.39	38.96	23.76	23.36
Other Amortization	2.02	2.02	-	-	-	-
Loss (Gain) From Sale of Assets	0.26	0.26	-0.03	-1.07	-	0
Asset Writedown & Restructuring Costs	0	0	0.12	-	8.18	5.93
Loss (Gain) From Sale of Investments	-19.39	-19.39	-16.8	-12.17	-18.52	-4.66
Provision & Write-off of Bad Debts	1.95	1.95	-0.71	1.47	1.37	1.56
Other Operating Activities	118.67	23.36	19.97	9.72	10.26	11.22
Change in Accounts Receivable	-144.38	-144.38	-118.28	31.47	-114.64	-55
Change in Inventory	-61.43	-61.43	13.29	29.65	-129.63	-38.06
Change in Accounts Payable	264.27	264.27	90.02	-48.96	280.62	83.76
Operating Cash Flow	375.09	273.3	186.81	183.57	201.13	155.99
Operating Cash Flow Growth	65.75%	46.29%	1.77%	-8.73%	28.94%	9.89%
Capital Expenditures	-192.05	-57.52	-155.05	-321.27	-187.36	-31.05
Sale of Property, Plant & Equipment	0.1	0.16	0.04	2.27	0.15	0.12
Investment in Securities	-74	-14	48.55	115.55	65.32	-490
Other Investing Activities	6.56	20.73	-	-	-	-
Investing Cash Flow	-259.39	-50.63	-106.46	-203.45	-121.88	-520.93
Short-Term Debt Issued	-	255.98	93	168.74	167.94	160
Total Debt Issued	500.57	255.98	93	168.74	167.94	160
Short-Term Debt Repaid	-	-181.2	-176.01	-177.94	-120	-180
Total Debt Repaid	-306.28	-181.2	-176.01	-177.94	-120	-180
Net Debt Issued (Repaid)	194.29	74.78	-83.01	-9.2	47.94	-20
Issuance of Common Stock	-	-	-	-	-	607.9
Common Dividends Paid	-86.41	-43.78	-46.37	-48.92	-19.27	-44.09
Other Financing Activities	13.84	-1.38	15.46	31.82	-36.23	-31.77
Financing Cash Flow	121.72	29.62	-113.92	-26.3	-7.57	512.04
Foreign Exchange Rate Adjustments	4.75	1.72	5.8	19.89	-5.67	-6.66
Net Cash Flow	242.16	254.01	-27.76	-26.29	66.01	140.45
Free Cash Flow	183.04	215.78	31.76	-137.7	13.78	124.94
Free Cash Flow Growth	40.71%	579.37%	-	-	-88.97%	10.86%
Free Cash Flow Margin	13.50%	16.69%	2.93%	-12.23%	1.29%	14.16%
Free Cash Flow Per Share	1.29	1.51	0.22	-0.96	0.10	1.10
Cash Income Tax Paid	22.75	18.32	10.28	-25.63	-0.61	40.21
Levered Free Cash Flow	105	165.56	-68.33	-364.42	129.77	-30.81
Unlevered Free Cash Flow	105.64	166.13	-66.29	-360.71	132.45	-27.73
Change in Working Capital	57.36	57.36	-12.04	13.58	33.36	-6.19

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