SHA:688330 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	632.85	222.74	194.6	318.44	412.89
Depreciation & Amortization	23.44	17.71	16.52	13.42	13.55
Other Amortization	3.06	2.33	0.4	0.26	0.35
Loss (Gain) From Sale of Assets	-0.03	-0.08	0.06	-0.05	0.02
Asset Writedown & Restructuring Costs	-521.25	-14.18	0.01	-9.37	10.39
Loss (Gain) From Sale of Investments	-30.14	-47.23	-31.1	-38.16	-46.83
Provision & Write-off of Bad Debts	-	61.2	100.99	65.66	18.99
Other Operating Activities	-52.12	33.28	20.11	16.91	1.77
Change in Accounts Receivable	546.16	-12.31	-335.83	-335.73	-351.7
Change in Inventory	112.69	215.71	69.51	14.36	-176.23
Change in Accounts Payable	-166.58	-164.29	181.44	-66.16	165.06
Change in Other Net Operating Assets	7.13	-	-	-	-
Operating Cash Flow	640.48	310.46	198.69	-34.44	42.21
Operating Cash Flow Growth	106.30%	56.26%	-	-	-40.52%
Capital Expenditures	-39.89	-81.89	-78	-130.17	-78.43
Sale of Property, Plant & Equipment	0.08	2.45	0.01	0.02	0.01
Investment in Securities	-548.61	-217.3	-124.5	510.1	112.9
Other Investing Activities	32.26	32.1	35.29	49.21	51.35
Investing Cash Flow	-556.16	-264.64	-167.2	429.15	85.84
Long-Term Debt Issued	118.16	143.46	131.87	109.39	98.98
Total Debt Issued	118.16	143.46	131.87	109.39	98.98
Long-Term Debt Repaid	-122.97	-186.18	-290.36	-9.17	-56.67
Total Debt Repaid	-122.97	-186.18	-290.36	-9.17	-56.67
Net Debt Issued (Repaid)	-4.81	-42.72	-158.5	100.22	42.3
Repurchase of Common Stock	-	-19.79	-10.23	-	-
Common Dividends Paid	-47.98	-50.88	-100.95	-127.29	-102.6
Other Financing Activities	11.14	-	-	-	1.22
Financing Cash Flow	-41.64	-113.39	-269.68	-27.07	-59.07
Foreign Exchange Rate Adjustments	-0.25	-	-	-	-
Net Cash Flow	42.43	-67.57	-238.19	367.64	68.99
Free Cash Flow	600.59	228.57	120.69	-164.61	-36.22
Free Cash Flow Growth	162.76%	89.39%	-	-	-
Free Cash Flow Margin	92.35%	23.35%	12.25%	-15.36%	-3.20%
Free Cash Flow Per Share	4.33	1.64	0.86	-1.18	-0.26
Cash Income Tax Paid	77.44	115.66	83.06	83.01	102.82
Levered Free Cash Flow	430.11	104.85	55.38	-223.46	-128.6
Unlevered Free Cash Flow	430.11	105.96	57.76	-220.76	-126.82
Change in Working Capital	584.68	34.71	-102.9	-401.55	-368.91

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