SHA:688282 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	26.42	-4.53	-22.55	55.8	73.07	71.25
Depreciation & Amortization	20.5	20.5	9.64	4.74	4.67	3.28
Other Amortization	0.35	0.35	-	-	0.32	0.32
Loss (Gain) From Sale of Assets	-0.05	-0.05	-	-	-	-
Asset Writedown & Restructuring Costs	6.14	6.14	0	-	-	-
Loss (Gain) From Sale of Investments	-3.03	-3.03	-9.16	-17.37	-	-0.27
Provision & Write-off of Bad Debts	-4.45	-4.45	0.33	9.79	4.86	2.65
Other Operating Activities	-27.28	-13.04	12.22	3.26	-1.41	2.06
Change in Accounts Receivable	-40.51	-40.51	38.16	-125.58	-115.1	-95.63
Change in Inventory	23.27	23.27	-15.3	48.96	-39.49	46.73
Change in Accounts Payable	37.6	37.6	-2.74	-15.2	72.21	47.6
Change in Other Net Operating Assets	-	-	-	-0.13	-	-
Operating Cash Flow	34.29	17.58	3.57	-36.32	-1.41	77.28
Operating Cash Flow Growth	-	392.34%	-	-	-	63.28%
Capital Expenditures	-18.55	-73.41	-58	-105.23	-73.88	-92.55
Cash Acquisitions	-	-84.62	-	-	-	-
Investment in Securities	-61.02	27	470	-659.58	-	-
Other Investing Activities	9.88	3.31	7.76	16.79	-	0.29
Investing Cash Flow	-69.69	-127.72	419.76	-748.03	-73.88	-92.26
Long-Term Debt Issued	-	12.88	-	23.1	45.1	-
Long-Term Debt Repaid	-	-35.15	-1.26	-69.34	-1.23	-
Net Debt Issued (Repaid)	20	-22.28	-1.26	-46.24	43.87	-
Issuance of Common Stock	6.12	-	-	1,286	-	-
Repurchase of Common Stock	-99.08	-99.08	-60.91	-	-	-
Common Dividends Paid	-0.39	-0.37	-48.4	-56.22	-0.52	-16.74
Other Financing Activities	87.75	0	-0.05	-25.4	-6.33	-3.6
Financing Cash Flow	14.4	-121.72	-110.61	1,158	37.02	-20.35
Net Cash Flow	-20.99	-231.86	312.72	373.94	-38.27	-35.34
Free Cash Flow	15.74	-55.83	-54.43	-141.55	-75.29	-15.28
Free Cash Flow Margin	6.65%	-32.67%	-250.25%	-69.15%	-23.66%	-4.99%
Free Cash Flow Per Share	0.20	-0.62	-0.63	-1.73	-1.14	-0.23
Cash Income Tax Paid	14.1	7.02	0.26	-6.76	18.61	10.28
Levered Free Cash Flow	-25.42	-194.91	6.04	-168.94	-77.21	-54.43
Unlevered Free Cash Flow	-25.16	-194.71	6.11	-168.92	-77.2	-54.43
Change in Working Capital	15.69	15.69	13.1	-92.53	-82.92	-2.02

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