SHA:605577 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	259.96	201.35	348.22	477.95	442.93	180.78
Depreciation & Amortization	81.46	81.46	76.06	75.58	78.76	79.77
Other Amortization	3.05	3.05	1.96	2.18	2.08	2.13
Loss (Gain) From Sale of Assets	-0	-0	-0.01	-0.13	-0.23	-0.66
Asset Writedown & Restructuring Costs	-3.29	-3.29	-0.03	0.04	-0.02	0.01
Loss (Gain) From Sale of Investments	-10.82	-10.82	-10.83	-14.76	-15.03	-10.18
Provision & Write-off of Bad Debts	-5.61	-5.61	7.1	16.7	9.47	-2.06
Other Operating Activities	93.98	32.63	35.77	36.1	44.9	40.33
Change in Accounts Receivable	17.27	17.27	109.79	-71.65	-45.69	36.38
Change in Inventory	48.55	48.55	0.75	6.5	-16.54	-9.15
Change in Accounts Payable	-162.42	-162.42	-138.24	-173.65	-213.96	-73.11
Operating Cash Flow	370.82	250.86	381.85	354.86	286.68	244.71
Operating Cash Flow Growth	245.34%	-34.30%	7.61%	23.78%	17.15%	13.50%
Capital Expenditures	-24.85	-40.6	-67.79	-78.12	-57.49	-24.03
Sale of Property, Plant & Equipment	0.01	0.02	0.03	0.28	0.66	1.23
Cash Acquisitions	-51.81	-51.81	-	-	-	-
Investment in Securities	-1,850	-1,850	136.95	-260	48	-256.35
Other Investing Activities	-147.63	10.62	10.89	14.83	15.31	10.26
Investing Cash Flow	-2,074	-1,932	80.08	-323.01	6.48	-268.89
Issuance of Common Stock	-	-	-	-	228.81	-
Common Dividends Paid	-31.11	-	-	-44.44	-17.6	-11.74
Other Financing Activities	-35.56	-39.56	-49.1	-	-0.18	-4.85
Financing Cash Flow	-66.67	-39.56	-49.1	-44.44	211.02	-16.59
Net Cash Flow	-1,770	-1,720	412.83	-12.59	504.18	-40.77
Free Cash Flow	345.97	210.26	314.06	276.74	229.19	220.68
Free Cash Flow Growth	404.84%	-33.05%	13.48%	20.75%	3.86%	16.58%
Free Cash Flow Margin	23.12%	12.64%	16.52%	15.32%	12.80%	14.33%
Free Cash Flow Per Share	0.78	0.47	0.71	0.62	0.55	0.55
Cash Income Tax Paid	-	74.77	37.81	18.43	34.38	20.85
Levered Free Cash Flow	237.06	80.48	271.38	340.26	261.8	119.15
Unlevered Free Cash Flow	237.06	80.48	271.38	340.26	261.81	119.15
Change in Working Capital	-47.9	-47.9	-76.4	-238.8	-276.19	-45.42

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