SHA:605158 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	65.29	229.41	334.34	202.28	147.89
Depreciation & Amortization	76.64	59.82	61.57	58.19	59.83
Other Amortization	-	0.03	-	-	-
Loss (Gain) From Sale of Assets	-0.12	-0.39	-	-0.28	-
Asset Writedown & Restructuring Costs	11.25	0.06	2.02	-	-
Loss (Gain) From Sale of Investments	-13.74	-21.2	-19.73	-16.56	-16.28
Provision & Write-off of Bad Debts	-	0.82	-1.15	-1.34	3.45
Other Operating Activities	55.25	22.6	16.73	-39.61	23.69
Change in Accounts Receivable	-140.5	-2,109	11.76	-827.46	-214.76
Change in Inventory	-732.59	49.07	-213.64	265.43	-371.29
Change in Accounts Payable	1,210	-594.6	293.49	1,734	601.08
Operating Cash Flow	529.57	-2,364	486.34	1,373	231.45
Operating Cash Flow Growth	-	-	-64.58%	493.18%	-39.30%
Capital Expenditures	-132.64	-160.09	-102.2	-134.06	-69.99
Sale of Property, Plant & Equipment	0.47	0.5	0.01	1.56	-
Investment in Securities	-	1,210	-744	34	60
Other Investing Activities	42.54	39.7	-10.93	12.82	16.27
Investing Cash Flow	-89.64	1,090	-857.11	-85.68	6.28
Short-Term Debt Issued	-	-	-	-	120
Long-Term Debt Issued	3,684	3,179	743.32	152.99	-
Total Debt Issued	3,684	3,179	743.32	152.99	120
Short-Term Debt Repaid	-	-	-	-	-120
Long-Term Debt Repaid	-4,081	-916.95	-383.38	-118.99	-
Total Debt Repaid	-4,081	-916.95	-383.38	-118.99	-120
Net Debt Issued (Repaid)	-396.62	2,262	359.95	34	-
Common Dividends Paid	-116.15	-136.44	-72.48	-56.26	-103.36
Other Financing Activities	-1,431	-9.66	-	-3.98	-
Financing Cash Flow	-1,943	2,116	287.47	-26.24	-103.36
Foreign Exchange Rate Adjustments	-20.26	11.57	7.8	73.15	-7.41
Net Cash Flow	-1,524	853.56	-75.5	1,334	126.96
Free Cash Flow	396.92	-2,524	384.14	1,239	161.46
Free Cash Flow Growth	-	-	-68.99%	667.28%	-52.95%
Free Cash Flow Margin	5.67%	-36.44%	5.07%	15.27%	1.90%
Free Cash Flow Per Share	0.79	-4.95	0.75	2.45	0.32
Cash Income Tax Paid	57.98	102.04	130.68	155.29	-107.89
Levered Free Cash Flow	431.94	-923.42	19.66	2,122	62.96
Unlevered Free Cash Flow	431.94	-893.55	28.91	2,126	65.98
Change in Working Capital	335	-2,655	92.55	1,170	12.87

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