SHA:605058 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	152.45	141.5	132.92	133.08	142.72
Depreciation & Amortization	71.14	66.24	63.39	38.96	23.76
Other Amortization	-	2.02	-	-	-
Loss (Gain) From Sale of Assets	0.16	0.26	-0.03	-1.07	-
Asset Writedown & Restructuring Costs	17.8	0	0.12	-	8.18
Loss (Gain) From Sale of Investments	-13.42	-19.39	-16.8	-12.17	-18.52
Provision & Write-off of Bad Debts	-	1.95	-0.71	1.47	1.37
Other Operating Activities	17.94	23.36	19.97	9.72	10.26
Change in Accounts Receivable	-175.17	-144.38	-118.28	31.47	-114.64
Change in Inventory	-57.42	-61.43	13.29	29.65	-129.63
Change in Accounts Payable	399.79	264.27	90.02	-48.96	280.62
Operating Cash Flow	414.82	273.3	186.81	183.57	201.13
Operating Cash Flow Growth	51.78%	46.29%	1.77%	-8.73%	28.94%
Capital Expenditures	-272.33	-57.52	-155.05	-321.27	-187.36
Sale of Property, Plant & Equipment	0.14	0.16	0.04	2.27	0.15
Investment in Securities	-1,152	-14	48.55	115.55	65.32
Other Investing Activities	14.11	20.73	-	-	-
Investing Cash Flow	-1,410	-50.63	-106.46	-203.45	-121.88
Short-Term Debt Issued	-	255.98	93	168.74	167.94
Long-Term Debt Issued	842.7	-	-	-	-
Total Debt Issued	842.7	255.98	93	168.74	167.94
Short-Term Debt Repaid	-	-181.2	-176.01	-177.94	-120
Long-Term Debt Repaid	-160	-	-	-	-
Total Debt Repaid	-160	-181.2	-176.01	-177.94	-120
Net Debt Issued (Repaid)	682.7	74.78	-83.01	-9.2	47.94
Common Dividends Paid	-87.24	-43.78	-46.37	-48.92	-19.27
Other Financing Activities	8.31	-1.38	15.46	31.82	-36.23
Financing Cash Flow	603.76	29.62	-113.92	-26.3	-7.57
Foreign Exchange Rate Adjustments	-19.96	1.72	5.8	19.89	-5.67
Net Cash Flow	-411.7	254.01	-27.76	-26.29	66.01
Free Cash Flow	142.49	215.78	31.76	-137.7	13.78
Free Cash Flow Growth	-33.97%	579.37%	-	-	-88.97%
Free Cash Flow Margin	10.57%	16.69%	2.93%	-12.23%	1.29%
Free Cash Flow Per Share	0.90	1.51	0.22	-0.96	0.10
Cash Income Tax Paid	22.11	18.32	10.28	-25.63	-0.61
Levered Free Cash Flow	-27.61	165.56	-68.33	-364.42	129.77
Unlevered Free Cash Flow	-27.61	166.13	-66.29	-360.71	132.45
Change in Working Capital	168.76	57.36	-12.04	13.58	33.36

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.