SHA:605398 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	13.8	16.13	21.39	59.56	56.95	69.25
Depreciation & Amortization	7.78	7.78	8.47	8.78	7.21	6.55
Other Amortization	0.43	0.43	0.41	0.29	0.22	0.95
Loss (Gain) From Sale of Assets	-0	-0	-0.2	-0.24	0	-0.05
Asset Writedown & Restructuring Costs	0.01	0.01	0.01	0.01	0	0
Loss (Gain) From Sale of Investments	-0.1	-0.1	-2.72	-2.17	-3.32	-2.92
Provision & Write-off of Bad Debts	-5.09	-5.09	4.18	1.88	1.33	1.72
Other Operating Activities	-106.73	0.15	-0.05	0.48	1.73	1.97
Change in Accounts Receivable	91.36	91.36	-73.02	-29.36	7.52	3.83
Change in Inventory	13.16	13.16	-2.84	22.18	17.02	-30.43
Change in Accounts Payable	12.35	12.35	-23.08	-8.82	-27.41	28.43
Operating Cash Flow	27.64	136.85	-68.28	52.15	61.66	78.93
Operating Cash Flow Growth	161.82%	-	-	-15.42%	-21.88%	-13.78%
Capital Expenditures	-1.51	-1.53	-1.21	-1.82	-6.51	-3.75
Sale of Property, Plant & Equipment	0	0	1.91	0	0	0.11
Investment in Securities	16	-	-9.85	-	-	-
Other Investing Activities	3.09	3.16	2.88	2.29	3.47	3.09
Investing Cash Flow	17.58	1.63	-6.27	0.47	-3.04	-0.54
Short-Term Debt Issued	-	23.2	10	15	10	42
Total Debt Issued	34.2	23.2	10	15	10	42
Short-Term Debt Repaid	-	-11.2	-15	-10	-42	-51
Long-Term Debt Repaid	-	-6.65	-6.2	-6.83	-6.07	-6.42
Total Debt Repaid	-19.85	-17.85	-21.2	-16.83	-48.07	-57.42
Net Debt Issued (Repaid)	14.35	5.35	-11.2	-1.83	-38.07	-15.42
Issuance of Common Stock	-	-	-	-	-	523.66
Repurchase of Common Stock	-	-	-50.15	-	-	-
Common Dividends Paid	-2.51	-2.42	-14.13	-12.59	-16.16	-25.14
Other Financing Activities	0.05	-	-	-	-	-8.45
Financing Cash Flow	11.89	2.92	-75.48	-14.42	-54.23	474.64
Foreign Exchange Rate Adjustments	-0.1	-0.06	0.02	0	0.01	-0
Net Cash Flow	57.01	141.34	-150.02	38.2	4.41	553.03
Free Cash Flow	26.12	135.32	-69.49	50.33	55.15	75.19
Free Cash Flow Growth	164.86%	-	-	-8.74%	-26.65%	-17.48%
Free Cash Flow Margin	4.76%	24.76%	-13.04%	7.91%	8.99%	12.71%
Free Cash Flow Per Share	0.17	0.84	-0.43	0.31	0.34	0.47
Cash Income Tax Paid	30.48	27.39	33.06	29.64	34.83	32.15
Levered Free Cash Flow	17.79	124.41	-81.26	22.78	29.66	27.52
Unlevered Free Cash Flow	18.07	124.66	-80.92	23.02	30.7	28.7
Change in Working Capital	117.54	117.54	-99.77	-16.44	-2.46	1.6