SHA:605298 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	56.78	38.86	30.63	46.82	84.53
Depreciation & Amortization	25.53	24.31	13.17	9.65	7.89
Other Amortization	0.72	0.04	0.07	-	-
Loss (Gain) From Sale of Assets	-0.43	-0.31	-	-0.21	-
Asset Writedown & Restructuring Costs	22.63	2.03	0.1	0.02	3.89
Loss (Gain) From Sale of Investments	0.25	0.54	-0.02	-2.28	-0.03
Provision & Write-off of Bad Debts	0.35	5.04	7.07	6.63	2.76
Other Operating Activities	13.72	15.16	5.93	3.75	0.47
Change in Accounts Receivable	21.27	-150.41	-98.97	-37.95	-35.82
Change in Inventory	11.23	-22.8	-10.06	-23.27	21.19
Change in Accounts Payable	-0.62	32.44	29.98	20.64	16.81
Change in Other Net Operating Assets	3.27	8.81	4.41	-	-
Operating Cash Flow	153.17	-50.16	-20.43	23.1	101.01
Operating Cash Flow Growth	-	-	-	-77.13%	84.68%
Capital Expenditures	-18.26	-50.52	-50.99	-45.39	-76.1
Sale of Property, Plant & Equipment	1.17	0.01	-	0.25	-
Cash Acquisitions	-	-	-36.35	-	-4.78
Investment in Securities	-22.42	-38.19	5	-5	-
Other Investing Activities	-	-	0.02	2.49	0.03
Investing Cash Flow	-39.51	-88.7	-82.32	-47.65	-80.85
Short-Term Debt Issued	-	-	33	5	-
Long-Term Debt Issued	14.89	18	-	-	-
Total Debt Issued	14.89	18	33	5	-
Short-Term Debt Repaid	-	-	-5	-	-
Long-Term Debt Repaid	-18.79	-57.96	-1.82	-4.05	-0.68
Total Debt Repaid	-18.79	-57.96	-6.82	-4.05	-0.68
Net Debt Issued (Repaid)	-3.9	-39.96	26.18	0.95	-0.68
Issuance of Common Stock	-	-	28.09	-	405.23
Common Dividends Paid	-29.15	-18.22	-21.47	-43.41	-43.2
Dividends Paid	-29.15	-18.22	-21.47	-43.41	-43.2
Other Financing Activities	-	-	-	-	-13.76
Financing Cash Flow	-33.06	-58.17	32.79	-42.46	347.59
Foreign Exchange Rate Adjustments	-0	0	0	-0	-0
Net Cash Flow	80.6	-197.03	-69.95	-67.01	367.74
Free Cash Flow	134.91	-100.68	-71.41	-22.29	24.91
Free Cash Flow Growth	-	-	-	-	-26.96%
Free Cash Flow Margin	24.03%	-20.84%	-20.51%	-9.71%	8.28%
Free Cash Flow Per Share	0.74	-0.54	-0.49	-0.12	0.14
Cash Income Tax Paid	57.43	39.16	28.89	16.96	35.6
Levered Free Cash Flow	67.44	-174.44	-69.23	-43.19	54.01
Unlevered Free Cash Flow	67.76	-173.55	-68.7	-42.9	54.07
Change in Working Capital	33.62	-135.83	-77.38	-41.29	1.49

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