SHA:688091 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	22.96	6.98	161.55	142.85	-4	-21.85
Depreciation & Amortization	11.16	11.16	7.88	6.43	6.59	6.17
Other Amortization	0.7	0.7	0.3	-	0.56	0.97
Loss (Gain) From Sale of Assets	-	-	-	-	-	0
Asset Writedown & Restructuring Costs	-	-	-	-	-	0.71
Loss (Gain) From Sale of Investments	-9.69	-9.69	-7.52	-12.89	-5.44	-4.25
Provision & Write-off of Bad Debts	-5.06	-5.06	5.43	2.03	0.22	-
Other Operating Activities	-71.25	-12.97	-26.94	-18.33	-5.81	-2.27
Change in Accounts Receivable	85	85	-69.19	-28.46	-21.5	-0.56
Change in Inventory	-16.73	-16.73	-11.38	-5.28	-10.3	1.25
Change in Accounts Payable	-17.4	-17.4	30.42	17.72	-3.81	-0.38
Operating Cash Flow	-2.85	39.44	86.55	110.78	-48.78	-20.21
Operating Cash Flow Growth	-	-54.44%	-21.87%	-	-	-
Capital Expenditures	-134.49	-80.04	-8.78	-35.88	-3.14	-5
Sale of Property, Plant & Equipment	-0.01	0	-	-	-	0
Investment in Securities	-135	-135	86	511.29	-788.74	16.12
Other Investing Activities	-311.79	22.39	39.27	26.86	6.25	5.88
Investing Cash Flow	-581.28	-192.65	116.49	502.27	-785.63	17
Short-Term Debt Issued	-	9.1	44	-	16.75	3.25
Total Debt Issued	-	9.1	44	-	16.75	3.25
Short-Term Debt Repaid	-	-53.1	-	-16.75	-3.25	-
Total Debt Repaid	-10.9	-53.1	-	-16.75	-3.25	-
Net Debt Issued (Repaid)	-10.9	-44	44	-16.75	13.5	3.25
Issuance of Common Stock	21.36	18.77	-	-	1,008	-
Repurchase of Common Stock	-37.24	-37.24	-	-	-	-
Common Dividends Paid	-0.01	-49.79	-43.41	-0.49	-	-
Other Financing Activities	27.94	-	-	-	-76.59	-
Financing Cash Flow	1.15	-112.27	0.59	-17.24	944.65	3.25
Net Cash Flow	-582.99	-265.48	203.64	595.82	110.24	0.04
Free Cash Flow	-137.34	-40.6	77.77	74.9	-51.93	-25.22
Free Cash Flow Growth	-	-	3.83%	-	-	-
Free Cash Flow Margin	-55.59%	-23.40%	21.59%	31.74%	-1273.49%	-
Free Cash Flow Per Share	-0.59	-0.17	0.49	0.36	-0.33	-0.17
Cash Interest Paid	-	-	-	-	0.59	-
Cash Income Tax Paid	2.64	23.89	32.97	-0.88	0.49	-0.15
Levered Free Cash Flow	-92.54	-30.3	55.22	33.72	-50.68	-15.38
Unlevered Free Cash Flow	-92.54	-29.86	55.39	33.72	-50.31	-15.38
Change in Working Capital	48.32	48.32	-54.15	-9.31	-40.9	0.31

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