SHA:688313 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	64.93	-47.55	64.28	50.16
Depreciation & Amortization	75.81	69.7	64.75	58.01
Other Amortization	4.47	2.75	2.56	2.27
Loss (Gain) From Sale of Assets	0.22	-0.69	-1.93	-1.39
Asset Writedown & Restructuring Costs	1.16	0.34	0.05	10.71
Loss (Gain) From Sale of Investments	-4.98	-3.48	-3.69	-7.79
Provision & Write-off of Bad Debts	9.74	2.43	-1.05	1.1
Other Operating Activities	13.93	22.97	17.45	12.11
Change in Accounts Receivable	-141.8	-2.54	-23.22	-75.5
Change in Inventory	-190.48	22.67	-28.64	-41.46
Change in Accounts Payable	189.28	11.7	40.6	18.42
Change in Other Net Operating Assets	2.28	4.7	4.7	8.31
Operating Cash Flow	25.66	78.92	134.75	34.05
Operating Cash Flow Growth	-67.49%	-41.43%	295.80%	-3.57%
Capital Expenditures	-125.87	-49.98	-102.42	-110.72
Sale of Property, Plant & Equipment	3.35	1.3	3.12	5.97
Cash Acquisitions	-	-	-	-22.35
Investment in Securities	87.98	98.67	-252.65	422.5
Other Investing Activities	5.65	4.4	3.16	10.68
Investing Cash Flow	-28.89	54.39	-348.79	306.09
Short-Term Debt Issued	10.88	2.94	-	-
Total Debt Issued	10.88	2.94	-	-
Short-Term Debt Repaid	-	-	-0.04	-0.13
Long-Term Debt Repaid	-2.19	-5.92	-6.51	-6.06
Total Debt Repaid	-2.19	-5.92	-6.55	-6.18
Net Debt Issued (Repaid)	8.7	-2.98	-6.55	-6.18
Repurchase of Common Stock	-10.16	-9.83	-51.15	-
Common Dividends Paid	-	-22.69	-16.06	-11.77
Other Financing Activities	-0.31	-0.3	-0.3	-3.77
Financing Cash Flow	-1.77	-35.81	-74.06	-21.73
Foreign Exchange Rate Adjustments	2.02	3.22	7.01	-1.35
Net Cash Flow	-2.99	100.72	-281.09	317.05
Free Cash Flow	-100.21	28.93	32.33	-76.67
Free Cash Flow Growth	-	-10.51%	-	-
Free Cash Flow Margin	-9.33%	3.83%	3.58%	-9.38%
Free Cash Flow Per Share	-0.22	0.06	0.07	-0.17
Cash Interest Paid	0.31	0.3	0.3	-
Cash Income Tax Paid	16.14	25.49	6.56	7.65
Levered Free Cash Flow	-70.7	5.48	-41.39	-96.36
Unlevered Free Cash Flow	-70.12	6.12	-40.82	-95.81
Change in Working Capital	-139.63	32.45	-7.68	-91.13

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