SHA:688459 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	131.73	125.59	110.71	115.27	87.04	108.35
Depreciation & Amortization	23.27	23.27	20.88	20.13	21.37	4.18
Other Amortization	1.15	1.15	0.45	0.26	0.22	0.07
Loss (Gain) From Sale of Assets	0.02	0.02	-	0.05	-0.1	-0
Asset Writedown & Restructuring Costs	1.42	1.42	0.08	-0	-	0.97
Loss (Gain) From Sale of Investments	-1.25	-1.25	-5.25	-3.38	-1.1	2.56
Provision & Write-off of Bad Debts	4.55	4.55	1.48	3.84	1.61	-17.99
Other Operating Activities	117.49	-17.11	8.87	8.35	14.39	-0.13
Change in Accounts Receivable	-116.65	-116.65	-0.79	-23.43	-59.18	44.8
Change in Inventory	-79.92	-79.92	-84.72	9.41	-2.96	-15.96
Change in Accounts Payable	83.22	83.22	104.78	-20.07	22.32	45.58
Operating Cash Flow	163.22	22.48	157.54	109.91	82.95	174.66
Operating Cash Flow Growth	16.30%	-85.73%	43.33%	32.51%	-52.51%	1059.89%
Capital Expenditures	-96.29	-112.95	-54.84	-26.17	-85.3	-68.32
Sale of Property, Plant & Equipment	0.04	0.03	0.01	0.05	0.22	0
Divestitures	0.24	0.24	-	-	-	-
Investment in Securities	3.16	-18.24	-12.99	-	-1.4	-2.8
Investing Cash Flow	-92.85	-130.92	-67.82	-26.12	-86.48	-71.12
Long-Term Debt Repaid	-	-3.99	-3.8	-2.59	-2.18	-
Net Debt Issued (Repaid)	-3.99	-3.99	-3.8	-2.59	-2.18	-
Issuance of Common Stock	-	-	-	1,525	599.2	-
Common Dividends Paid	-62.4	-48	-38.4	-	-	-
Other Financing Activities	-2.81	-2.91	-0.01	-373.53	-5.88	-1.6
Financing Cash Flow	-69.2	-54.9	-42.21	1,149	591.13	-1.6
Foreign Exchange Rate Adjustments	-0.16	-0.24	0.11	0.25	-0.44	-0.13
Net Cash Flow	1.01	-163.57	47.62	1,233	587.16	101.81
Free Cash Flow	66.93	-90.46	102.69	83.75	-2.35	106.34
Free Cash Flow Growth	377.27%	-	22.63%	-	-	-
Free Cash Flow Margin	5.74%	-8.18%	10.59%	9.21%	-0.23%	13.27%
Free Cash Flow Per Share	0.14	-0.19	0.21	0.21	-0.01	0.41
Cash Interest Paid	-	-	-	0.13	-	-
Cash Income Tax Paid	64.09	68.7	108.08	57.96	73.1	53.72
Levered Free Cash Flow	17.26	-107.42	42.49	11.59	-123.45	101.26
Unlevered Free Cash Flow	17.39	-107.28	42.59	11.76	-123.37	101.36
Change in Working Capital	-115.17	-115.17	20.32	-34.6	-40.48	76.64

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