SHA:688597 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	47.32	75.14	111.32	37.64	79.26	36.32
Depreciation & Amortization	31.46	31.46	27.01	27.14	20.17	14.28
Other Amortization	6.67	6.67	5.3	1.55	0.23	0.23
Loss (Gain) From Sale of Assets	-0.12	-0.12	0.03	-0.41	-0.01	-0.04
Asset Writedown & Restructuring Costs	2.04	2.04	-0.38	-6.62	0.19	2.68
Loss (Gain) From Sale of Investments	-6.6	-6.6	-3.65	-1.1	-3.36	-4.41
Provision & Write-off of Bad Debts	-	-	6.86	1.96	2.14	-0.67
Other Operating Activities	9.7	23.28	16.61	31.84	6.31	4.6
Change in Accounts Receivable	-207.05	-207.05	-147.66	59.3	-244.9	22
Change in Inventory	-39.98	-39.98	-45.11	-7.57	-11.54	-4.69
Change in Accounts Payable	104.35	104.35	198.66	-18.51	276.83	-4.54
Change in Other Net Operating Assets	30.63	30.63	-18.05	2.46	6.45	-
Operating Cash Flow	-29.66	11.75	141.17	103.19	131.72	68
Operating Cash Flow Growth	-	-91.68%	36.81%	-21.66%	93.72%	85.03%
Capital Expenditures	-95.82	-83.86	-48.86	-89.53	-45.79	-28.94
Sale of Property, Plant & Equipment	-	-	0	0.35	0.01	-
Investment in Securities	-11.71	-94.79	-238	92	80.22	-168
Other Investing Activities	8.92	7.89	3.65	2.5	0.34	3.2
Investing Cash Flow	-98.61	-170.75	-283.21	5.32	34.78	-193.74
Long-Term Debt Issued	-	55	-	405.79	-	-
Total Debt Issued	64	55	-	405.79	-	-
Long-Term Debt Repaid	-	-25	-17.07	-101.22	-11.97	-
Total Debt Repaid	-25	-25	-17.07	-101.22	-11.97	-
Net Debt Issued (Repaid)	39	30	-17.07	304.57	-11.97	-
Issuance of Common Stock	1.37	-	-	6.8	-	241.26
Common Dividends Paid	-37.62	-37.37	-13.48	-24.46	-14.96	-43.55
Other Financing Activities	24.3	12.08	-179.7	-4.04	-7.52	-17.92
Financing Cash Flow	27.05	4.71	-210.25	282.87	-34.44	179.79
Foreign Exchange Rate Adjustments	-0.23	-0.12	-	-	-	-
Net Cash Flow	-101.44	-154.4	-352.29	391.38	132.06	54.05
Free Cash Flow	-125.48	-72.11	92.31	13.66	85.93	39.06
Free Cash Flow Growth	-	-	575.53%	-84.10%	120.01%	-
Free Cash Flow Margin	-12.43%	-7.21%	9.82%	2.43%	13.80%	9.98%
Free Cash Flow Per Share	-0.33	-0.21	0.27	0.04	0.25	0.13
Cash Income Tax Paid	54.1	52.44	55.88	48.41	17.33	16.08
Levered Free Cash Flow	-152.71	-93.75	61.31	-29.89	61.98	-0.18
Unlevered Free Cash Flow	-152.71	-93.75	73.21	-23.02	65.43	2.69
Change in Working Capital	-120.12	-120.12	-21.93	11.17	26.79	15.01

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.