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

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