SHA:688118 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	31.21	6.55	-15.66	1.22	39.13	31.37
Depreciation & Amortization	8.31	8.31	8.54	6.85	6.23	1.98
Other Amortization	0.74	0.74	0.88	0.57	0.88	0.53
Loss (Gain) From Sale of Assets	-0.01	-0.01	0.04	-0.12	-0.09	-0
Loss (Gain) From Sale of Investments	-5.37	-5.37	-8.28	-11.65	-21.76	-19.24
Provision & Write-off of Bad Debts	5.89	5.89	-1.27	4.11	8.44	14.55
Other Operating Activities	2.34	-3	-1.48	0.5	4.78	1.69
Change in Accounts Receivable	4.58	4.58	-36.15	20.21	-0.32	-7.65
Change in Inventory	7.89	7.89	12.96	-17.17	-5.9	3.26
Change in Accounts Payable	-4.03	-4.03	-21.3	3.48	32.88	-6.65
Change in Other Net Operating Assets	1.66	1.66	2.95	2.6	4.02	-
Operating Cash Flow	47.49	17.49	-68.34	1.02	66.79	18.45
Operating Cash Flow Growth	-	-	-	-98.47%	262.08%	-
Capital Expenditures	-4.65	-0.8	-12.43	-92.13	-1.76	-3.09
Sale of Property, Plant & Equipment	0	0.01	0.02	0.01	0.12	0.01
Investment in Securities	-165	-54	2	-95	165	110
Other Investing Activities	8.42	8.84	6.96	9.95	16.02	19.5
Investing Cash Flow	-161.23	-45.95	-3.45	-177.17	179.38	126.41
Long-Term Debt Repaid	-	-3.57	-5.12	-4.67	-4.6	-
Net Debt Issued (Repaid)	-3.57	-3.57	-5.12	-4.67	-4.6	-
Issuance of Common Stock	20.61	-	-	-	-	-
Repurchase of Common Stock	-	-	-	-12.56	-67.72	-
Common Dividends Paid	-13.77	-9.18	-	-45.91	-28.19	-15.26
Other Financing Activities	0.53	-	-	-	-0.09	-9.12
Financing Cash Flow	3.8	-12.75	-5.12	-63.14	-100.6	-24.38
Net Cash Flow	-109.93	-41.21	-76.9	-239.29	145.57	120.48
Free Cash Flow	42.84	16.69	-80.77	-91.11	65.04	15.35
Free Cash Flow Growth	-	-	-	-	323.56%	-
Free Cash Flow Margin	11.51%	3.98%	-16.81%	-21.42%	14.90%	4.26%
Free Cash Flow Per Share	0.46	0.18	-0.88	-0.97	0.69	0.16
Cash Income Tax Paid	20.53	22.35	21.31	31.29	25.92	24.47
Levered Free Cash Flow	28.21	9.49	-78.59	-96.76	58.08	-2.25
Unlevered Free Cash Flow	28.27	9.59	-78.48	-96.55	58.4	-2.25
Change in Working Capital	4.37	4.37	-51.11	-0.46	29.17	-12.42

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