SHA:688569 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	168.51	214.32	290.63	236.92	168.02	149.32
Depreciation & Amortization	82.27	82.27	71.75	51.6	42.7	38.88
Other Amortization	2.78	2.78	1.15	1.2	1.02	1.93
Loss (Gain) From Sale of Assets	-	-	-0	-0.02	-0.05	-
Asset Writedown & Restructuring Costs	-1.29	-1.29	0.7	-0.03	2.96	0.61
Loss (Gain) From Sale of Investments	-2.32	-2.32	-4.78	-5.72	-11.98	-1.93
Provision & Write-off of Bad Debts	-5.47	-5.47	8.98	-29.7	4.74	5.27
Other Operating Activities	65.55	60.82	81.89	46.35	39.67	61.41
Change in Accounts Receivable	-214.79	-214.79	41.49	-17.25	-100.02	40.41
Change in Inventory	157.58	157.58	-43.04	-93.41	-9.14	-35.23
Change in Accounts Payable	2.16	2.16	29.55	-25.78	106.69	-3.78
Operating Cash Flow	257.96	299.04	469.06	162.96	239.96	255.02
Operating Cash Flow Growth	24.54%	-36.25%	187.84%	-32.09%	-5.91%	9279.05%
Capital Expenditures	-75.87	-70.4	-108.32	-197.1	-170.95	-93.22
Sale of Property, Plant & Equipment	0.13	-	0.15	0.09	0.07	0.1
Investment in Securities	203.85	-196.15	3.49	-	256.32	-248.41
Investing Cash Flow	129.97	-266.56	-104.68	-197.01	85.44	-341.53
Short-Term Debt Issued	-	-	-	-	40	120
Total Debt Issued	-	-	-	-	40	120
Short-Term Debt Repaid	-	-	-	-40	-	-190
Long-Term Debt Repaid	-	-6.02	-5.22	-1.62	-3.55	-
Total Debt Repaid	-6.02	-6.02	-5.22	-41.62	-3.55	-190
Net Debt Issued (Repaid)	-6.02	-6.02	-5.22	-41.62	36.45	-70
Issuance of Common Stock	-	-	-	-	-	1,146
Common Dividends Paid	-96.7	-94.8	-73.73	-53.6	-25.73	-23.51
Dividends Paid	-96.7	-94.8	-73.73	-53.6	-25.73	-23.51
Other Financing Activities	8.44	-22.06	-10.81	-7.02	-9.82	-102.17
Financing Cash Flow	-94.28	-122.89	-89.77	-102.24	0.9	950.63
Net Cash Flow	293.65	-90.4	274.6	-136.3	326.29	864.13
Free Cash Flow	182.09	228.64	360.73	-34.14	69.01	161.8
Free Cash Flow Growth	32.06%	-36.62%	-	-	-57.35%	-
Free Cash Flow Margin	15.07%	16.22%	22.03%	-2.55%	5.11%	13.16%
Free Cash Flow Per Share	0.86	1.09	1.71	-0.16	0.33	0.92
Cash Income Tax Paid	101.92	104.26	185.16	71.12	85.75	88.87
Levered Free Cash Flow	101.39	103.93	234.99	-107.54	-8.91	90.11
Unlevered Free Cash Flow	101.82	104.43	235.58	-106.68	-8.38	91.58
Change in Working Capital	-52.07	-52.07	18.73	-137.64	-7.13	-0.47

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