SHE:002807 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	2,058	2,049	2,037	1,888	1,616	1,274
Depreciation & Amortization	118.55	118.55	159.22	155.85	153.83	142.64
Other Amortization	67.06	67.06	22.16	15.52	21.08	22.69
Gain (Loss) on Sale of Assets	-3.03	-3.03	-0.34	-0.23	-1.7	-0.1
Gain (Loss) on Sale of Investments	-1,082	-1,082	-989.71	-728.57	-351.36	-325.25
Total Asset Writedown	-2.42	-2.42	6.34	13.68	4.78	-7.02
Provision for Credit Losses	467.66	467.66	590.68	789.99	858.85	841.77
Change in Other Net Operating Assets	-4,215	-4,215	1,741	-2,787	-2,026	2,040
Other Operating Activities	-4,383	28.92	101.38	314.02	183.84	178.47
Operating Cash Flow	-6,782	-2,379	3,685	-400.1	391.6	4,074
Operating Cash Flow Growth	-	-	-	-	-90.39%	21.70%
Capital Expenditures	-303.49	-309.97	-234.65	-155.26	-274.86	-178.16
Sale of Property, Plant and Equipment	4.43	4.51	3.08	0.31	17.1	1.61
Investment in Securities	7,769	3,864	-2,125	1,967	-2,599	634.28
Other Investing Activities	1,087	1,127	823.67	733.86	341.1	260.79
Investing Cash Flow	8,593	4,686	-1,533	2,546	-2,515	718.52
Long-Term Debt Issued	-	1,844	2,010	1,000	2,811	2,316
Long-Term Debt Repaid	-	-1,000	-3,622	-2,830	-200	-7,300
Total Debt Repaid	-2,844	-1,000	-3,622	-2,830	-200	-7,300
Net Debt Issued (Repaid)	-1,000	844.15	-1,612	-1,830	2,611	-4,984
Common Dividends Paid	-799.53	-793.75	-612.11	-514.46	-479.15	-447.16
Other Financing Activities	-6.6	-6.76	-8.79	-8.7	-10.41	-9.45
Financing Cash Flow	-1,806	43.64	-2,233	-2,353	2,122	-5,440
Foreign Exchange Rate Adjustments	-23.49	-7.93	-6.09	11.4	63.18	-16.63
Net Cash Flow	-18.78	2,343	-87.05	-195.62	61.11	-663.93
Free Cash Flow	-7,085	-2,689	3,451	-555.36	116.74	3,896
Free Cash Flow Growth	-	-	-	-	-97.00%	21.99%
Free Cash Flow Margin	-195.91%	-74.97%	103.59%	-18.37%	4.14%	156.83%
Free Cash Flow Per Share	-2.88	-1.09	1.32	-0.21	0.04	1.51
Cash Interest Paid	2,937	2,932	3,061	3,120	2,865	2,532
Cash Income Tax Paid	322.1	317.88	294.99	307.67	297.92	302.66

Source: S&P Global Market Intelligence. Banks template. Financial Sources.