SHA:688314 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	88.4	88.4	75.51	75.69	81.63	52.38
Depreciation & Amortization	13.23	13.23	12.31	11.82	10.63	6.32
Other Amortization	3.7	3.7	3.12	2.66	1.43	0.22
Loss (Gain) From Sale of Assets	-0.46	-0.46	0.04	0	-0.02	0.02
Asset Writedown & Restructuring Costs	1.89	1.89	0.03	0.04	0.35	4.11
Loss (Gain) From Sale of Investments	12.59	12.59	1.86	-3.45	-2.16	-0.99
Provision & Write-off of Bad Debts	-0.34	-0.34	-0	0.2	-0.04	-
Other Operating Activities	-17.07	6.5	9.65	5.55	5.37	-0.9
Change in Accounts Receivable	2.91	2.91	-0.1	-4.52	-3.75	-0.82
Change in Inventory	6.78	6.78	-5.24	-6.61	-5.49	-7.37
Change in Accounts Payable	6.47	6.47	-11.31	10.78	16.04	7.69
Operating Cash Flow	116.68	140.25	85.22	91.98	103.29	57.83
Operating Cash Flow Growth	-10.34%	64.57%	-7.34%	-10.95%	78.61%	0.08%
Capital Expenditures	-48.64	-47.4	-14.22	-18.2	-55.24	-72.97
Sale of Property, Plant & Equipment	0	0.66	0.01	-	0.02	-
Cash Acquisitions	-	-10.78	-	-	-	-
Investment in Securities	-25.57	-30.64	-13.82	-10.07	2.48	0.99
Other Investing Activities	-58.4	-3.2	-	-	-	-
Investing Cash Flow	-132.61	-91.36	-28.04	-28.27	-52.74	-71.98
Long-Term Debt Issued	-	-	-	15.01	4	9.21
Long-Term Debt Repaid	-	-2.62	-2.47	-2.15	-3.33	-
Net Debt Issued (Repaid)	-2.62	-2.62	-2.47	12.86	0.67	9.21
Issuance of Common Stock	-	-	-	-	224.6	-
Common Dividends Paid	-47.39	-42.7	-31.82	-36.9	-30.65	-0.33
Other Financing Activities	0.43	-0.63	2.5	-17.4	-12.13	-13.06
Financing Cash Flow	-49.58	-45.95	-31.79	-41.43	182.49	-4.18
Foreign Exchange Rate Adjustments	0.27	-0.33	0.49	1.63	-0.51	-0.91
Net Cash Flow	-65.23	2.62	25.88	23.91	232.53	-19.24
Free Cash Flow	68.04	92.86	71	73.78	48.05	-15.15
Free Cash Flow Growth	-24.11%	30.78%	-3.76%	53.56%	-	-
Free Cash Flow Margin	20.44%	28.84%	25.82%	30.75%	22.61%	-9.23%
Free Cash Flow Per Share	0.84	1.15	0.87	0.91	0.66	-0.25
Cash Income Tax Paid	50.05	53.96	55.05	33.71	26.83	21.16
Levered Free Cash Flow	15.68	60.45	47.96	47.09	21.99	-27.77
Unlevered Free Cash Flow	17.04	61.81	49.15	47.86	22.45	-27.54
Change in Working Capital	14.75	14.75	-17.29	-0.54	6.12	-3.27

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.