SHA:688318 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	315.41	303.94	310.72	153.55	281.7
Depreciation & Amortization	4.72	4.75	5.12	4.34	3.59
Other Amortization	0.23	0.33	0.37	0.61	0.39
Loss (Gain) From Sale of Assets	-	-0.13	-	-	-
Asset Writedown & Restructuring Costs	-39.1	-	0.08	-	0.03
Loss (Gain) From Sale of Investments	-86.42	-79.81	-18.77	68.99	-52.48
Provision & Write-off of Bad Debts	-	0.13	0.52	0.19	0.06
Other Operating Activities	-17.38	-20.22	-1.49	-1.39	0.63
Change in Accounts Receivable	-8.64	4.66	-48.88	-36.34	-9.7
Change in Inventory	0.35	1.14	3.42	-4.91	0.51
Change in Accounts Payable	0.09	-13.15	-9.04	30.87	20.52
Operating Cash Flow	174.6	199.44	238.06	200.53	245.25
Operating Cash Flow Growth	-12.46%	-16.22%	18.71%	-18.23%	4.34%
Capital Expenditures	-55.45	-37.61	-19.59	-24.6	-2.27
Sale of Property, Plant & Equipment	-	-	0	-	-
Investment in Securities	-52.2	-331.91	-147.89	-69.19	-388.9
Other Investing Activities	43.16	92.34	85.85	34.35	2.58
Investing Cash Flow	-64.49	-277.18	-81.63	-59.44	-388.59
Short-Term Debt Issued	-	120	80	-	-
Total Debt Issued	-	120	80	-	-
Short-Term Debt Repaid	-	-120	-80	-	-
Long-Term Debt Repaid	-	-1.09	-1.41	-1.4	-1.21
Total Debt Repaid	-	-121.09	-81.41	-1.4	-1.21
Net Debt Issued (Repaid)	-	-1.09	-1.41	-1.4	-1.21
Common Dividends Paid	-91.4	-127.35	-47.1	-93.34	-66.67
Other Financing Activities	-0.75	-	-	1	-
Financing Cash Flow	-92.15	-128.43	-48.51	-93.73	-67.88
Foreign Exchange Rate Adjustments	0.28	0.93	0.68	4.25	-1.13
Net Cash Flow	18.23	-205.24	108.6	51.61	-212.35
Free Cash Flow	119.15	161.84	218.47	175.93	242.97
Free Cash Flow Growth	-26.38%	-25.92%	24.18%	-27.59%	4.50%
Free Cash Flow Margin	32.37%	41.60%	50.26%	54.73%	74.46%
Free Cash Flow Per Share	0.47	0.63	0.85	0.69	0.95
Cash Income Tax Paid	68.44	56.33	77.6	49.07	63.33
Levered Free Cash Flow	-227.88	126.82	197.75	82.56	154.33
Unlevered Free Cash Flow	-227.88	128.54	198.11	82.68	154.48
Change in Working Capital	-2.85	-9.55	-58.48	-25.76	11.34

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