SHA:688582 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	322.85	222.17	165.4	116.61	82.61	51.9
Depreciation & Amortization	20.96	20.96	15.43	13.29	12.19	6.37
Other Amortization	9.12	9.12	4.46	3.04	2.55	1.77
Loss (Gain) From Sale of Assets	-0.13	-0.13	-0	-	-	-
Asset Writedown & Restructuring Costs	0.63	0.63	0.06	-	-1.4	0.86
Loss (Gain) From Sale of Investments	-19.1	-19.1	-8.86	-4.63	-5.12	-4.67
Provision & Write-off of Bad Debts	4.76	4.76	6.91	3.6	4.02	3.29
Other Operating Activities	6.06	-4.14	5.61	-1.27	0.22	-0.02
Change in Accounts Receivable	-71.38	-71.38	-165.89	-57.89	-72.85	-65.28
Change in Inventory	-23.32	-23.32	-18.38	-21.3	-12.92	-11.07
Change in Accounts Payable	8.8	8.8	14.5	15.21	10.59	9.25
Change in Other Net Operating Assets	18.15	18.15	-	-	-	-
Operating Cash Flow	277.41	166.53	19.25	66.65	23.42	-1.4
Operating Cash Flow Growth	87.23%	765.08%	-71.12%	184.55%	-	-
Capital Expenditures	-30.49	-38.24	-19.36	-24.3	-12.34	-26.55
Sale of Property, Plant & Equipment	0	-	0.01	0.3	2.33	-
Investment in Securities	-632.17	-377.48	-525.99	89.23	-22.83	-157.3
Other Investing Activities	19.76	15.8	-	4.32	5.12	4.67
Investing Cash Flow	-642.9	-399.92	-545.34	69.54	-27.72	-179.18
Long-Term Debt Repaid	-	-10.99	-6.54	-4.86	-	-
Net Debt Issued (Repaid)	-10.99	-10.99	-6.54	-4.86	-	-
Issuance of Common Stock	18.78	15.87	1,376	-	-	160
Common Dividends Paid	-152.25	-51.2	-24	-16.55	-	-
Other Financing Activities	1	-0.34	-28.71	-	-4.42	-
Financing Cash Flow	-143.46	-46.66	1,317	-21.42	-4.42	160
Foreign Exchange Rate Adjustments	-0.29	-0.29	-0.51	-0.13	0.16	0.01
Miscellaneous Cash Flow Adjustments	-	-	-	-	0	0
Net Cash Flow	-509.23	-280.33	790.25	114.64	-8.56	-20.57
Free Cash Flow	246.91	128.29	-0.11	42.35	11.09	-27.95
Free Cash Flow Growth	120.97%	-	-	281.98%	-	-
Free Cash Flow Margin	46.23%	31.71%	-0.03%	18.67%	6.67%	-25.74%
Free Cash Flow Per Share	0.60	0.32	-	0.12	0.03	-0.09
Cash Income Tax Paid	54.45	34.25	30.59	12.78	11.56	11.84
Levered Free Cash Flow	622.76	41.43	-84.13	-5.61	-21.55	-51.65
Unlevered Free Cash Flow	623.25	42.04	-83.83	-5.34	-21.31	-51.65
Change in Working Capital	-67.74	-67.74	-169.77	-63.98	-71.65	-60.9

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