SHA:688580 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	125.95	101.97	136.26	93.83	177.81	143.66
Depreciation & Amortization	21.34	21.34	20.14	17.14	11.08	8.79
Other Amortization	2.06	2.06	1.84	1.68	0.38	0.2
Loss (Gain) From Sale of Assets	-0	-0	0	-	-	-0.05
Asset Writedown & Restructuring Costs	0.01	0.01	0.01	0.01	0.01	0.01
Loss (Gain) From Sale of Investments	-13.76	-13.76	-9.62	-16.01	-20.56	-13.43
Provision & Write-off of Bad Debts	1.44	1.44	2.27	0.68	0.89	0.78
Other Operating Activities	19.83	1.18	1.24	0.33	-0.09	-0.11
Change in Accounts Receivable	7.77	7.77	-21.77	7.32	-13.14	-15.9
Change in Inventory	1.15	1.15	-5.08	1.81	6.67	-5.58
Change in Accounts Payable	-9.17	-9.17	-3.48	-20.13	-18.96	3.45
Change in Other Net Operating Assets	3.47	3.47	19.65	-2.83	21.37	-
Operating Cash Flow	160.92	118.29	134.2	86.17	157.37	120.76
Operating Cash Flow Growth	29.33%	-11.86%	55.74%	-45.24%	30.31%	-14.64%
Capital Expenditures	-103.48	-113.08	-133.48	-95.61	-87.34	-11.65
Sale of Property, Plant & Equipment	0.01	0.02	0	-	-	0.08
Cash Acquisitions	-	-	-20.11	-34.19	-	-
Investment in Securities	400	-	-23	-	-	-
Other Investing Activities	13.87	12.24	12.48	25.01	10.56	13.43
Investing Cash Flow	310.4	-100.82	-164.11	-104.8	-76.79	1.85
Long-Term Debt Repaid	-	-1.55	-1.35	-14.87	-1.35	-14
Net Debt Issued (Repaid)	-1.55	-1.55	-1.35	-14.87	-1.35	-14
Issuance of Common Stock	2.41	13.32	-	10.79	-	1,077
Repurchase of Common Stock	-13.64	-13.64	-11.58	-2.02	-	-
Common Dividends Paid	-77.58	-102.2	-51.04	-88.91	-71.83	-50.29
Dividends Paid	-77.58	-102.2	-51.04	-88.91	-71.83	-50.29
Other Financing Activities	11.37	-	-	-	-7.81	-18.18
Financing Cash Flow	-79	-104.07	-63.96	-95.01	-80.99	994.76
Foreign Exchange Rate Adjustments	0.02	0	-	-	-	-
Net Cash Flow	392.34	-86.59	-93.87	-113.64	-0.41	1,117
Free Cash Flow	57.44	5.21	0.72	-9.45	70.02	109.11
Free Cash Flow Growth	-	627.46%	-	-	-35.82%	-9.26%
Free Cash Flow Margin	13.24%	1.30%	0.15%	-2.94%	16.28%	28.84%
Free Cash Flow Per Share	0.60	0.06	0.01	-0.10	0.73	1.33
Cash Income Tax Paid	35.79	44.52	41.82	40.12	50.52	43.42
Levered Free Cash Flow	32.16	8.41	-26.08	-15.43	-4.02	68.33
Unlevered Free Cash Flow	33.03	9.23	-25.26	-15.22	-3.91	68.59
Change in Working Capital	4.05	4.05	-17.94	-11.5	-12.16	-19.09

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