SHE:300076 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Jan '21 Jan 1, 2021
Net Income	-63.48	-56.7	-20.19	-16.03	-7.92	15.88
Depreciation & Amortization	6.16	6.16	5.76	6.34	6.36	4.7
Other Amortization	0.66	0.66	0.62	0.71	-	-
Loss (Gain) From Sale of Assets	-0	-0	-0.22	-0.08	-0.12	0.01
Asset Writedown & Restructuring Costs	-	-	0.16	-	-	0
Loss (Gain) From Sale of Investments	0.54	0.54	-14.67	-17.87	-10.93	-15.99
Provision & Write-off of Bad Debts	5.31	5.31	6.77	8	-2.1	-9.72
Other Operating Activities	47.28	8.1	4.24	0.48	-4.25	4.92
Change in Accounts Receivable	-82.26	-82.26	-76.2	-70.33	16.65	-82.43
Change in Inventory	1.85	1.85	6.84	9.2	-25.44	3.17
Change in Accounts Payable	27.13	27.13	35.06	65.54	-13.23	15.15
Operating Cash Flow	-57.02	-89.42	-54.5	-16.09	-41.19	-61.75
Capital Expenditures	-1.76	-1.47	-8.58	-16.85	-5.27	-27.77
Sale of Property, Plant & Equipment	0.04	0.02	0.37	-	0.17	0.03
Investment in Securities	127.8	153.19	6.7	20	-103.58	-220.94
Other Investing Activities	10.85	11.42	13.03	16.23	11.07	14.3
Investing Cash Flow	136.93	163.15	11.51	19.38	-97.6	-234.38
Short-Term Debt Issued	-	20	-	-	-	-
Total Debt Issued	20	20	-	-	-	-
Short-Term Debt Repaid	-	-2.91	-	-	-	-
Long-Term Debt Repaid	-	-2.81	-2.14	-	-	-
Total Debt Repaid	-22.81	-5.71	-2.14	-	-	-
Net Debt Issued (Repaid)	-2.81	14.29	-2.14	-	-	-
Common Dividends Paid	-0.1	-0.02	-	-	-	-
Other Financing Activities	4.63	1.05	-0.96	0.3	3.5	-
Financing Cash Flow	1.72	15.32	-3.1	0.3	3.5	-
Net Cash Flow	81.63	89.06	-46.08	3.59	-135.3	-296.13
Free Cash Flow	-58.78	-90.89	-63.08	-32.94	-46.46	-89.52
Free Cash Flow Margin	-48.64%	-64.58%	-46.72%	-20.17%	-35.08%	-49.84%
Free Cash Flow Per Share	-0.13	-0.21	-0.16	-0.08	-0.12	-0.23
Cash Income Tax Paid	2.43	1.72	7.87	5.22	6.05	9.35
Levered Free Cash Flow	1.08	-6.39	-61.26	8.64	-35.71	-75.77
Unlevered Free Cash Flow	1.17	-6.37	-61.15	8.79	-35.65	-75.77
Change in Working Capital	-53.48	-53.48	-36.97	2.36	-22.22	-61.54

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