SHA:688067 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	22.84	21.53	17.97	31.28
Depreciation & Amortization	11.29	10.85	9.03	6.75
Other Amortization	1.16	0.7	0.7	0.22
Asset Writedown & Restructuring Costs	0.03	0.01	0.2	0.01
Loss (Gain) From Sale of Investments	-6.94	-6.09	-6.1	-2.47
Provision & Write-off of Bad Debts	0.63	0.83	0.58	0.73
Other Operating Activities	0.33	0.15	0.42	0.24
Change in Accounts Receivable	-2.72	3.36	-0.28	7.39
Change in Inventory	-2.93	-0.8	1.28	-8.48
Change in Accounts Payable	-1.34	-7.95	5.98	11.77
Operating Cash Flow	22.41	22.73	29.74	47.19
Operating Cash Flow Growth	-1.40%	-23.57%	-36.97%	0.54%
Capital Expenditures	-3.75	-4.5	-21.2	-20.52
Investment in Securities	-35.8	-83.89	-71.57	-30
Other Investing Activities	4.73	5.39	5.07	2.47
Investing Cash Flow	-34.82	-83	-87.71	-48.05
Issuance of Common Stock	-	-	-	227.56
Common Dividends Paid	-6.8	-6.8	-20.4	-
Dividends Paid	-6.8	-6.8	-20.4	-
Other Financing Activities	-10.03	-	-	-17.66
Financing Cash Flow	-16.83	-6.8	-20.4	209.91
Foreign Exchange Rate Adjustments	0.17	-0.01	-0.04	0.01
Net Cash Flow	-29.08	-67.08	-78.41	209.05
Free Cash Flow	18.66	18.23	8.54	26.67
Free Cash Flow Growth	2.35%	113.61%	-68.00%	-24.08%
Free Cash Flow Margin	9.18%	9.10%	4.34%	12.66%
Free Cash Flow Per Share	0.28	0.27	0.12	0.45
Cash Income Tax Paid	15.63	11.77	10.27	10.72
Levered Free Cash Flow	13.37	32.42	-23.97	6.53
Unlevered Free Cash Flow	13.37	32.42	-23.97	6.53
Change in Working Capital	-6.93	-5.23	6.93	10.44

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.