SHA:688367 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	8.14	10.09	26.27	20.04	51.05	57.26
Depreciation & Amortization	9.76	9.76	9.78	8.73	6.75	6.53
Loss (Gain) From Sale of Assets	-2.8	-2.8	-	-0	0.03	0.05
Asset Writedown & Restructuring Costs	-0.96	-0.96	0.12	-0.23	11.13	6.74
Loss (Gain) From Sale of Investments	-1.79	-1.79	-2.81	-4.01	-3.37	-0.47
Provision & Write-off of Bad Debts	-	-	1.76	3.67	-	-
Other Operating Activities	10.37	0.43	0.29	1.18	-0.16	0.32
Change in Accounts Receivable	45.1	45.1	40.21	63.33	-145.54	-70.95
Change in Inventory	13.61	13.61	-10.42	-8.97	-21.56	-0.95
Change in Accounts Payable	-32.78	-32.78	-24.78	-38.79	91	51.77
Change in Other Net Operating Assets	-	-	0.95	2.51	4.83	0.99
Operating Cash Flow	46.85	38.87	40.97	46.88	-7.77	50.69
Operating Cash Flow Growth	-25.58%	-5.13%	-12.61%	-	-	2211.45%
Capital Expenditures	-38.95	-46	-23.67	-12.15	-18.38	-4.31
Sale of Property, Plant & Equipment	5.97	5.97	-	0.08	0.01	0.01
Investment in Securities	-	-	42	15	-30	-109.91
Other Investing Activities	22.37	-24.09	3.3	4.19	3.07	-
Investing Cash Flow	-10.61	-64.12	21.64	7.11	-45.3	-114.21
Short-Term Debt Issued	-	-	-	-	5	-
Long-Term Debt Issued	-	-	10	-	-	-
Total Debt Issued	-	-	10	-	5	-
Short-Term Debt Repaid	-	-	-	-	-	-10
Long-Term Debt Repaid	-	-9	-1	-5	-	-
Total Debt Repaid	-8	-9	-1	-5	-	-10
Net Debt Issued (Repaid)	-8	-9	9	-5	5	-10
Issuance of Common Stock	-	-	1.92	1.94	2.66	208.55
Common Dividends Paid	-9.7	-9.76	-8.93	-18.69	-17.37	-0.23
Dividends Paid	-9.7	-9.76	-8.93	-18.69	-17.37	-0.23
Other Financing Activities	-	-	-	-	-	-22.58
Financing Cash Flow	-17.7	-18.76	1.99	-21.75	-9.71	175.74
Foreign Exchange Rate Adjustments	-	-	-0.02	0.04	0.22	-0.05
Net Cash Flow	18.54	-44.01	64.57	32.29	-62.56	112.16
Free Cash Flow	7.9	-7.13	17.3	34.72	-26.14	46.38
Free Cash Flow Growth	-67.18%	-	-50.17%	-	-	-
Free Cash Flow Margin	4.33%	-3.61%	5.83%	15.09%	-8.67%	18.52%
Free Cash Flow Per Share	0.09	-0.08	0.20	0.40	-0.30	0.61
Cash Income Tax Paid	4.62	2.66	12.76	35.31	12.56	12.69
Levered Free Cash Flow	0.53	-20.76	4.11	8.98	-21.13	32.13
Unlevered Free Cash Flow	0.53	-20.76	4.24	9.77	-21.12	32.27
Change in Working Capital	24.12	24.12	5.56	17.5	-73.18	-19.74

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