SHA:688558 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	148.73	127.98	142.68	185.49	200.49	120.24
Depreciation & Amortization	43.01	43.01	38.58	29.74	25.04	22.65
Other Amortization	3.92	3.92	2.91	1.89	1.54	1.3
Loss (Gain) From Sale of Assets	-0.09	-0.09	-2.43	-0.43	-0.33	0.03
Asset Writedown & Restructuring Costs	-	-	0.17	6.02	4.17	4.5
Loss (Gain) From Sale of Investments	-14.87	-14.87	-10.61	-17	-22.1	-13.04
Provision & Write-off of Bad Debts	2.13	2.13	0.52	-	-	-
Other Operating Activities	-14.2	15.75	5.86	1.38	2.43	7.29
Change in Accounts Receivable	-0.57	-0.57	37.22	-0.69	-124.41	-167.61
Change in Inventory	-26.89	-26.89	12.65	-137.24	-193.41	-51.57
Change in Accounts Payable	59.87	59.87	-37.58	-44.18	200.2	170.31
Change in Other Net Operating Assets	1.32	1.32	2.18	-0.48	-0.21	-0.49
Operating Cash Flow	200.24	209.44	192.07	26.94	94.07	92.15
Operating Cash Flow Growth	22.62%	9.05%	612.94%	-71.36%	2.08%	-10.80%
Capital Expenditures	-15.21	-11.12	-21.22	-146.16	-32.53	-29.07
Sale of Property, Plant & Equipment	0.26	0.27	5.94	2.05	0.66	0.07
Investment in Securities	97.22	94.24	94.17	131.12	-124.96	-410
Other Investing Activities	-180.01	-	2.05	0.95	1.55	11.93
Investing Cash Flow	-97.74	83.39	80.94	-12.04	-155.29	-427.06
Long-Term Debt Repaid	-	-1.12	-	-	-	-
Total Debt Repaid	-1.12	-1.12	-	-	-	-
Net Debt Issued (Repaid)	-1.12	-1.12	-	-	-	-
Issuance of Common Stock	-	-	-	-	-	573.21
Repurchase of Common Stock	-20.34	-20.34	-	-	-	-
Common Dividends Paid	-79.32	-65.65	-66	-66	-39.6	-
Other Financing Activities	17.7	-3.82	4.05	-1.28	3.29	-56
Financing Cash Flow	-83.08	-90.94	-61.95	-67.28	-36.31	517.21
Foreign Exchange Rate Adjustments	-0.01	0.47	0.28	-0.66	-0.83	-5.67
Net Cash Flow	19.41	202.37	211.34	-53.04	-98.36	176.64
Free Cash Flow	185.02	198.32	170.85	-119.22	61.54	63.08
Free Cash Flow Growth	20.87%	16.08%	-	-	-2.46%	-26.25%
Free Cash Flow Margin	15.30%	19.12%	15.47%	-10.25%	5.41%	8.58%
Free Cash Flow Per Share	1.40	1.50	1.29	-0.91	0.47	0.55
Cash Income Tax Paid	57.62	31.42	24.9	39.93	41.93	42.34
Levered Free Cash Flow	48.36	172.86	150.55	-251.67	83.17	34.62
Unlevered Free Cash Flow	48.54	172.9	150.55	-251.67	83.17	34.62
Change in Working Capital	31.61	31.61	14.4	-180.16	-117.18	-50.83

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