SHA:688056 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	36.6	39.15	27.56	44.62	69.41	65.21
Depreciation & Amortization	15.7	15.7	13.92	8.74	6.64	4.93
Other Amortization	1.34	1.34	0.83	0.84	0.94	0.84
Loss (Gain) From Sale of Assets	-	-	-0	-	0.03	-
Asset Writedown & Restructuring Costs	8.53	8.53	5.14	0	0.02	-0.2
Loss (Gain) From Sale of Investments	-4.86	-4.86	-3.67	-5.27	-7.48	-0.75
Provision & Write-off of Bad Debts	1.61	1.61	0.99	1.23	0.65	3.46
Other Operating Activities	12.23	4.04	1.34	1.74	0.83	2.2
Change in Accounts Receivable	6.33	6.33	-5.68	-12.29	-4.88	9.73
Change in Inventory	-4.15	-4.15	-12.39	-55.64	-14.15	2.93
Change in Accounts Payable	-18.7	-18.7	10.77	21.61	-8.44	-4.77
Change in Other Net Operating Assets	5.76	5.76	6.1	-0.24	3.35	-
Operating Cash Flow	60.79	55.15	42.6	7.59	49.08	83.54
Operating Cash Flow Growth	155.63%	29.47%	460.95%	-84.53%	-41.25%	62.04%
Capital Expenditures	-5.62	-4.97	-26.37	-27.45	-77.48	-3.25
Sale of Property, Plant & Equipment	-	-	0.01	-	0.04	0.01
Investment in Securities	-94.5	-159.5	85	-95	89.43	-165
Other Investing Activities	4.77	4.1	4.13	4.92	7.55	0.77
Investing Cash Flow	-95.34	-160.37	62.77	-117.53	19.54	-167.48
Short-Term Debt Repaid	-	-	-	-	-	-7.68
Long-Term Debt Repaid	-	-0.89	-0.77	-0.89	-0.81	-
Total Debt Repaid	-0.89	-0.89	-0.77	-0.89	-0.81	-7.68
Net Debt Issued (Repaid)	-0.89	-0.89	-0.77	-0.89	-0.81	-7.68
Issuance of Common Stock	4.61	4.61	-	4.53	-	374.48
Repurchase of Common Stock	-17.01	-17.01	-	-	-	-
Common Dividends Paid	-48.05	-61.25	-13.45	-23.52	-20.1	-18
Other Financing Activities	16.79	-	-	-2.93	-	-2.94
Financing Cash Flow	-44.56	-74.54	-14.22	-22.82	-20.91	345.85
Foreign Exchange Rate Adjustments	2.03	1.61	2.08	9.71	-3.51	-5.47
Net Cash Flow	-77.08	-178.15	93.23	-123.04	44.2	256.45
Free Cash Flow	55.17	50.18	16.22	-19.86	-28.4	80.29
Free Cash Flow Growth	211.59%	209.29%	-	-	-	209.18%
Free Cash Flow Margin	13.87%	11.83%	3.90%	-5.59%	-7.70%	23.03%
Free Cash Flow Per Share	0.83	0.76	0.24	-0.30	-0.43	1.44
Cash Interest Paid	-	-	-	-	-	0.01
Cash Income Tax Paid	23.12	20.03	22.63	13.41	27.1	24.62
Levered Free Cash Flow	33.7	27.63	11.38	-26.31	-56.7	55.68
Unlevered Free Cash Flow	33.76	27.69	11.42	-26.27	-56.7	55.69
Change in Working Capital	-10.37	-10.37	-3.51	-44.31	-21.96	7.84

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