SHA:688569 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	214.32	290.63	236.92	168.02
Depreciation & Amortization	82.27	71.75	51.6	42.7
Other Amortization	2.78	1.15	1.2	1.02
Loss (Gain) From Sale of Assets	-	-0	-0.02	-0.05
Asset Writedown & Restructuring Costs	-1.29	0.7	-0.03	2.96
Loss (Gain) From Sale of Investments	-2.32	-4.78	-5.72	-11.98
Provision & Write-off of Bad Debts	-5.47	8.98	-29.7	4.74
Other Operating Activities	60.82	81.89	46.35	39.67
Change in Accounts Receivable	-214.79	41.49	-17.25	-100.02
Change in Inventory	157.58	-43.04	-93.41	-9.14
Change in Accounts Payable	2.16	29.55	-25.78	106.69
Operating Cash Flow	299.04	469.06	162.96	239.96
Operating Cash Flow Growth	-36.25%	187.84%	-32.09%	-5.91%
Capital Expenditures	-70.4	-108.32	-197.1	-170.95
Sale of Property, Plant & Equipment	-	0.15	0.09	0.07
Investment in Securities	-196.15	3.49	-	256.32
Investing Cash Flow	-266.56	-104.68	-197.01	85.44
Short-Term Debt Issued	-	-	-	40
Total Debt Issued	-	-	-	40
Short-Term Debt Repaid	-	-	-40	-
Long-Term Debt Repaid	-6.02	-5.22	-1.62	-3.55
Total Debt Repaid	-6.02	-5.22	-41.62	-3.55
Net Debt Issued (Repaid)	-6.02	-5.22	-41.62	36.45
Common Dividends Paid	-94.8	-73.73	-53.6	-25.73
Dividends Paid	-94.8	-73.73	-53.6	-25.73
Other Financing Activities	-22.06	-10.81	-7.02	-9.82
Financing Cash Flow	-122.89	-89.77	-102.24	0.9
Net Cash Flow	-90.4	274.6	-136.3	326.29
Free Cash Flow	228.64	360.73	-34.14	69.01
Free Cash Flow Growth	-36.62%	-	-	-57.35%
Free Cash Flow Margin	16.22%	22.03%	-2.55%	5.11%
Free Cash Flow Per Share	1.09	1.71	-0.16	0.33
Cash Income Tax Paid	104.26	185.16	71.12	85.75
Levered Free Cash Flow	103.93	234.99	-107.54	-8.91
Unlevered Free Cash Flow	104.43	235.58	-106.68	-8.38
Change in Working Capital	-52.07	18.73	-137.64	-7.13

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.