SHA:688092 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	67.01	75.3	45.39	53.22
Depreciation & Amortization	9.71	8.12	7.91	7.24
Other Amortization	2.97	2.17	3.53	2.06
Loss (Gain) From Sale of Assets	-0.01	-0.19	-0.01	0
Asset Writedown & Restructuring Costs	4.31	0.01	0	-
Loss (Gain) From Sale of Investments	-1.96	-2.01	-0.36	-4.43
Provision & Write-off of Bad Debts	2.62	2.34	1.46	1.44
Other Operating Activities	0.87	0.23	-7.16	4.93
Change in Accounts Receivable	-21.09	-22.31	-7.33	-13.12
Change in Inventory	15.17	-10.83	-4.41	-45.6
Change in Accounts Payable	-9.08	27.9	-7.17	15.26
Change in Other Net Operating Assets	2.08	1.57	2.66	1.62
Operating Cash Flow	71.9	81.82	34	21.97
Operating Cash Flow Growth	-12.12%	140.67%	54.77%	-63.16%
Capital Expenditures	-3.43	-11.56	-6.19	-27.21
Sale of Property, Plant & Equipment	0.06	0.36	0.06	-
Cash Acquisitions	-12.27	-	-	-
Investment in Securities	23.1	-35.75	43.49	-55.35
Investing Cash Flow	7.45	-46.95	37.35	-82.56
Short-Term Debt Issued	0.79	-	20	-
Long-Term Debt Issued	30	-	-	-
Total Debt Issued	30.79	-	20	-
Short-Term Debt Repaid	-14.19	-	-20	-
Long-Term Debt Repaid	-34.16	-3.19	-3.08	-5.33
Total Debt Repaid	-48.35	-3.19	-23.08	-5.33
Net Debt Issued (Repaid)	-17.57	-3.19	-3.08	-5.33
Issuance of Common Stock	7.63	-	2.98	255.19
Repurchase of Common Stock	-	-	-20.48	-
Common Dividends Paid	-44.91	-14.04	-16.32	-14.78
Other Financing Activities	-	-	-	-15.02
Financing Cash Flow	-54.84	-17.23	-36.9	220.06
Foreign Exchange Rate Adjustments	3.55	2.23	7.19	-1.86
Net Cash Flow	28.06	19.88	41.64	157.6
Free Cash Flow	68.48	70.26	27.81	-5.24
Free Cash Flow Growth	-2.54%	152.64%	-	-
Free Cash Flow Margin	15.17%	18.30%	9.36%	-1.64%
Free Cash Flow Per Share	0.84	0.86	0.34	-0.07
Cash Income Tax Paid	0.26	4.7	-5.73	-5.09
Levered Free Cash Flow	13.63	38.65	5.79	-29.97
Unlevered Free Cash Flow	14.09	38.96	6.32	-29.58
Change in Working Capital	-13.61	-4.15	-16.75	-42.5

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