SHA:688799 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	213.03	164.32	211.32	182.8	160.76	145.03
Depreciation & Amortization	68.9	68.9	61.02	48.79	34.22	29.67
Other Amortization	3.21	3.21	1.3	0.53	0.06	-
Loss (Gain) From Sale of Assets	-	-	-0	-	0.18	-0.01
Asset Writedown & Restructuring Costs	0.03	0.03	0.48	0.89	0.21	-
Loss (Gain) From Sale of Investments	24.16	24.16	-3.58	-7.98	-1.71	6.29
Provision & Write-off of Bad Debts	0.31	0.31	1.47	2.23	1.31	3.1
Other Operating Activities	65.77	-30.16	-19.19	-5.34	3.08	2.35
Change in Accounts Receivable	-118.65	-118.65	-51.33	11.32	-31.56	-24.17
Change in Inventory	-55.23	-55.23	-31	-43.25	-115.58	0.99
Change in Accounts Payable	106.39	106.39	50.84	-34.77	66.49	-58.25
Operating Cash Flow	286.87	142.23	214.44	155.65	114.72	104.66
Operating Cash Flow Growth	151.37%	-33.68%	37.78%	35.67%	9.62%	-10.29%
Capital Expenditures	-461.88	-233.87	-105.76	-131.85	-92.1	-53.75
Sale of Property, Plant & Equipment	0.02	0.02	0.05	0.12	0.13	0.01
Cash Acquisitions	-	-	-	0.07	-	-
Divestitures	-9.6	-	-	-	-	-
Investment in Securities	127.59	-125.21	134.47	-111.7	-429.6	-7.5
Other Investing Activities	2.97	0.24	10.37	12.74	4.26	0.09
Investing Cash Flow	-340.9	-358.82	39.12	-230.62	-517.3	-61.14
Long-Term Debt Issued	-	100.61	17.11	-	-	-
Total Debt Issued	265.16	100.61	17.11	-	-	-
Net Debt Issued (Repaid)	265.16	100.61	17.11	-	-	-
Issuance of Common Stock	-	-	-	-	674.02	-
Common Dividends Paid	-144.86	-86.35	-84.44	-65.66	-	-35.15
Other Financing Activities	13.86	-	9.87	-10.71	-18.36	-
Financing Cash Flow	134.16	14.26	-57.47	-76.37	655.65	-35.15
Foreign Exchange Rate Adjustments	0.35	0.42	0.01	0.53	-0.03	-0.28
Net Cash Flow	80.49	-201.91	196.11	-150.82	253.04	8.09
Free Cash Flow	-175.01	-91.65	108.68	23.8	22.63	50.91
Free Cash Flow Growth	-	-	356.70%	5.18%	-55.56%	-44.86%
Free Cash Flow Margin	-12.24%	-6.49%	7.58%	1.84%	1.97%	5.36%
Free Cash Flow Per Share	-1.33	-0.70	0.83	0.18	0.20	0.52
Cash Income Tax Paid	120.05	198.54	192.83	152.18	132.83	119.64
Levered Free Cash Flow	-326.1	-166.29	69.89	-40.72	-33.38	5.68
Unlevered Free Cash Flow	-326.09	-166.28	69.89	-40.72	-33.38	5.68
Change in Working Capital	-88.55	-88.55	-38.36	-66.28	-83.39	-81.77

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