SHA:605398 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	15.38	21.39	59.56	56.95	69.25
Depreciation & Amortization	8.01	8.47	8.78	7.21	6.55
Other Amortization	0.19	0.41	0.29	0.22	0.95
Loss (Gain) From Sale of Assets	-0	-0.2	-0.24	0	-0.05
Asset Writedown & Restructuring Costs	-0.24	0.01	0.01	0	0
Loss (Gain) From Sale of Investments	-1.56	-2.72	-2.17	-3.32	-2.92
Provision & Write-off of Bad Debts	-	3.76	1.88	1.33	1.72
Other Operating Activities	-2.48	0.37	0.48	1.73	1.97
Change in Accounts Receivable	91.36	-73.02	-29.36	7.52	3.83
Change in Inventory	13.16	-2.84	22.18	17.02	-30.43
Change in Accounts Payable	12.35	-23.08	-8.82	-27.41	28.43
Operating Cash Flow	136.85	-68.28	52.15	61.66	78.93
Operating Cash Flow Growth	-	-	-15.42%	-21.88%	-13.78%
Capital Expenditures	-1.53	-1.21	-1.82	-6.51	-3.75
Sale of Property, Plant & Equipment	0	1.91	0	0	0.11
Investment in Securities	-	-9.85	-	-	-
Other Investing Activities	3.16	2.88	2.29	3.47	3.09
Investing Cash Flow	1.63	-6.27	0.47	-3.04	-0.54
Short-Term Debt Issued	-	10	15	10	42
Long-Term Debt Issued	23.2	-	-	-	-
Total Debt Issued	23.2	10	15	10	42
Short-Term Debt Repaid	-	-15	-10	-42	-51
Long-Term Debt Repaid	-11.2	-6.2	-6.83	-6.07	-6.42
Total Debt Repaid	-11.2	-21.2	-16.83	-48.07	-57.42
Net Debt Issued (Repaid)	12	-11.2	-1.83	-38.07	-15.42
Issuance of Common Stock	-	-	-	-	523.66
Common Dividends Paid	-2.42	-14.13	-12.59	-16.16	-25.14
Other Financing Activities	-6.65	-50.15	-	-	-8.45
Financing Cash Flow	2.92	-75.48	-14.42	-54.23	474.64
Foreign Exchange Rate Adjustments	-0.06	0.02	0	0.01	-0
Net Cash Flow	141.34	-150.02	38.2	4.41	553.03
Free Cash Flow	135.32	-69.49	50.33	55.15	75.19
Free Cash Flow Growth	-	-	-8.74%	-26.65%	-17.48%
Free Cash Flow Margin	24.76%	-13.04%	7.91%	8.99%	12.71%
Free Cash Flow Per Share	0.84	-0.43	0.31	0.34	0.47
Cash Income Tax Paid	27.39	33.06	29.64	34.83	32.15
Levered Free Cash Flow	123.31	-80	22.78	29.66	27.52
Unlevered Free Cash Flow	123.31	-79.66	23.02	30.7	28.7
Change in Working Capital	117.54	-99.77	-16.44	-2.46	1.6

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