SHE:000783 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	4,203	3,696	1,835	1,548	1,509	2,410
Depreciation & Amortization, Total	290.43	290.43	357.06	318.81	305.96	281.13
Gain (Loss) On Sale of Investments	-1,189	-1,189	-371.63	-1,237	454.95	-768.07
Change in Accounts Receivable	-15,766	-15,766	-4,661	-562.64	6,331	-753.29
Change in Accounts Payable	22,642	22,642	3,403	11,048	-2,445	10,966
Change in Other Net Operating Assets	-	-	-	-0.79	70.74	50
Other Operating Activities	10,726	1,015	1,151	1,471	1,678	1,850
Operating Cash Flow	12,178	1,960	18,670	4,670	2,322	9,001
Capital Expenditures	-155.7	-157.51	-245.95	-254.28	-240.98	-1,143
Investment in Securities	-56.1	173.42	-86.63	-300.51	-1,364	194.16
Other Investing Activities	85.47	87.56	114.08	113.05	93.71	284.81
Investing Cash Flow	-124.83	104.59	-217.99	-439.73	-1,511	-663.45
Long-Term Debt Issued	-	39,676	21,448	22,732	22,760	35,589
Long-Term Debt Repaid	-	-29,449	-26,395	-25,668	-22,931	-32,590
Net Debt Issued (Repaid)	13,683	10,226	-4,948	-2,937	-171.02	2,999
Issuance of Common Stock	-	1,499	1,999	2,500	-	-
Common Dividends Paid	-1,916	-1,996	-2,235	-2,106	-3,141	-2,343
Other Financing Activities	-1.4	-8.64	-2.9	-11.77	-9.34	-3.87
Financing Cash Flow	11,766	9,721	-5,186	-2,554	-3,321	651.86
Foreign Exchange Rate Adjustments	-12.49	-8.58	5.15	5.59	49.7	-35.01
Net Cash Flow	23,807	11,777	13,271	1,681	-2,461	8,954
Free Cash Flow	12,022	1,803	18,424	4,416	2,081	7,858
Free Cash Flow Growth	-23.59%	-90.22%	317.23%	112.23%	-73.52%	-
Free Cash Flow Margin	105.81%	17.17%	281.39%	64.72%	33.02%	91.90%
Free Cash Flow Per Share	1.92	0.33	3.33	0.70	0.33	1.26
Cash Interest Paid	1,361	1,298	1,353	1,602	1,593	1,942
Cash Income Tax Paid	1,844	1,824	541.04	710.73	1,041	1,635