SHA:688150 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	167.32	77.05	105.48	107.94
Depreciation & Amortization	47.88	42.01	36.63	31.36
Other Amortization	5.13	4.11	3.77	3.46
Loss (Gain) From Sale of Assets	-	-0.07	0.14	-
Asset Writedown & Restructuring Costs	0.1	0.39	0.03	0.04
Loss (Gain) From Sale of Investments	-15	-18.22	-17.78	-2.47
Provision & Write-off of Bad Debts	3.65	1.55	-2.86	1.33
Other Operating Activities	15.82	7.53	-8.25	14.89
Change in Accounts Receivable	-18.36	-38.79	58.2	2.57
Change in Inventory	-0.07	-28.31	-28.92	-4.53
Change in Accounts Payable	-3.2	20.91	22.87	0.69
Change in Other Net Operating Assets	12.71	4.61	12.09	11.79
Operating Cash Flow	227.65	66.32	180.49	169.04
Operating Cash Flow Growth	243.23%	-63.25%	6.78%	190.96%
Capital Expenditures	-60.33	-211.37	-126.51	-147.84
Sale of Property, Plant & Equipment	-	0.37	1.36	0
Investment in Securities	210	50	-683	23
Other Investing Activities	16.8	23.58	9.74	2.99
Investing Cash Flow	166.47	-137.43	-798.41	-121.84
Long-Term Debt Issued	71.22	124.44	43.88	83.48
Long-Term Debt Repaid	-7.14	-102.56	-42.16	-6.5
Net Debt Issued (Repaid)	64.08	21.89	1.72	76.98
Issuance of Common Stock	20.78	-	887.37	-
Repurchase of Common Stock	-20	-30.01	-	-
Common Dividends Paid	-77.78	-44.9	-46.28	-2.96
Dividends Paid	-77.78	-44.9	-46.28	-2.96
Other Financing Activities	-	-	-84.77	-9.24
Financing Cash Flow	-12.92	-53.03	758.05	64.77
Foreign Exchange Rate Adjustments	1.44	2.87	7.27	-1.46
Net Cash Flow	382.64	-121.25	147.4	110.51
Free Cash Flow	167.32	-145.05	53.97	21.2
Free Cash Flow Growth	-	-	154.63%	-
Free Cash Flow Margin	35.47%	-48.24%	19.26%	6.21%
Free Cash Flow Per Share	0.42	-0.36	0.14	0.06
Cash Income Tax Paid	37.21	33.21	6.07	18.13
Levered Free Cash Flow	108.68	-189.41	-7.75	-15.15
Unlevered Free Cash Flow	111.71	-186.97	-6.36	-14
Change in Working Capital	2.75	-48.03	63.32	12.47

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