SHA:605098 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	288.79	268.57	219.45	110.86	170.81	106.72
Depreciation & Amortization	23.88	23.88	21.11	20.02	18.56	9.92
Other Amortization	8.25	8.25	5.17	4.68	4.26	3.78
Loss (Gain) From Sale of Assets	-0.29	-0.29	-0.57	-	-	0.08
Asset Writedown & Restructuring Costs	0.1	0.1	0.86	-0.07	0.03	-0.1
Loss (Gain) From Sale of Investments	-19.32	-19.32	-1.86	-8.79	-25.51	-1.18
Stock-Based Compensation	3.11	3.11	3.93	-	-	-
Provision & Write-off of Bad Debts	-0.01	-0.01	0.01	0	-0	0
Other Operating Activities	-68.73	-16.19	-22.09	-23.03	-7.14	0.85
Change in Accounts Receivable	-2.57	-2.57	-6.87	3.41	51.03	-60.15
Change in Inventory	1.79	1.79	-0.45	-0.03	-0.6	-1.06
Change in Accounts Payable	132.99	132.99	235.41	-33.66	163.13	130.48
Change in Other Net Operating Assets	-	-	-	1.17	-	-
Operating Cash Flow	367.22	399.55	454.02	71.63	377.36	189.37
Operating Cash Flow Growth	7.17%	-12.00%	533.88%	-81.02%	99.27%	3.32%
Capital Expenditures	-3.28	-8.17	-13.08	-8.31	-3.59	-4.27
Sale of Property, Plant & Equipment	0	0	-	-	-	0.04
Investment in Securities	-157.85	-267.38	30	114.27	-1,086	-
Other Investing Activities	155.8	34.07	39.66	42	17.78	0.78
Investing Cash Flow	-5.32	-241.47	56.58	147.96	-1,072	-3.45
Long-Term Debt Repaid	-	-16.01	-13	-11.22	-10.19	-
Net Debt Issued (Repaid)	-16.01	-16.01	-13	-11.22	-10.19	-
Issuance of Common Stock	10.91	27.32	-	-	536.38	-
Common Dividends Paid	-268.25	-295.72	-330.55	-129.42	-59.04	-41.11
Dividends Paid	-268.25	-295.72	-330.55	-129.42	-59.04	-41.11
Other Financing Activities	-2.99	-0.7	-1.03	-1.84	-15.1	-3.18
Financing Cash Flow	-276.34	-285.1	-344.57	-142.48	452.06	-44.29
Foreign Exchange Rate Adjustments	0.05	-0.03	0	-	-	-
Net Cash Flow	85.61	-127.05	166.03	77.11	-242.1	141.63
Free Cash Flow	363.94	391.38	440.94	63.32	373.77	185.1
Free Cash Flow Growth	12.49%	-11.24%	596.41%	-83.06%	101.93%	15.22%
Free Cash Flow Margin	46.28%	49.96%	65.59%	14.04%	67.32%	48.88%
Free Cash Flow Per Share	3.05	3.31	3.72	0.54	3.46	2.09
Cash Income Tax Paid	71.41	80.25	63.85	46.28	40.29	45.42
Levered Free Cash Flow	303.16	306.82	384.21	33.47	286.62	194.84
Unlevered Free Cash Flow	304.29	308.08	385.1	34.32	287.54	194.84
Change in Working Capital	131.44	131.44	228.01	-32.05	216.36	69.3

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