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	2016 - 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	2016 - 2020
Net Income	-63.48	-56.7	-20.19	-16.03	-7.92	15.88	Upgrade
Depreciation & Amortization	6.16	6.16	5.76	6.34	6.36	4.7	Upgrade
Other Amortization	0.66	0.66	0.62	0.71	-	-	Upgrade
Loss (Gain) From Sale of Assets	-0	-0	-0.22	-0.08	-0.12	0.01	Upgrade
Asset Writedown & Restructuring Costs	-	-	0.16	-	-	0	Upgrade
Loss (Gain) From Sale of Investments	0.54	0.54	-14.67	-17.87	-10.93	-15.99	Upgrade
Provision & Write-off of Bad Debts	5.31	5.31	6.77	8	-2.1	-9.72	Upgrade
Other Operating Activities	47.28	8.1	4.24	0.48	-4.25	4.92	Upgrade
Change in Accounts Receivable	-82.26	-82.26	-76.2	-70.33	16.65	-82.43	Upgrade
Change in Inventory	1.85	1.85	6.84	9.2	-25.44	3.17	Upgrade
Change in Accounts Payable	27.13	27.13	35.06	65.54	-13.23	15.15	Upgrade
Operating Cash Flow	-57.02	-89.42	-54.5	-16.09	-41.19	-61.75	Upgrade
Capital Expenditures	-1.76	-1.47	-8.58	-16.85	-5.27	-27.77	Upgrade
Sale of Property, Plant & Equipment	0.04	0.02	0.37	-	0.17	0.03	Upgrade
Investment in Securities	127.8	153.19	6.7	20	-103.58	-220.94	Upgrade
Other Investing Activities	10.85	11.42	13.03	16.23	11.07	14.3	Upgrade
Investing Cash Flow	136.93	163.15	11.51	19.38	-97.6	-234.38	Upgrade
Short-Term Debt Issued	-	20	-	-	-	-	Upgrade
Total Debt Issued	20	20	-	-	-	-	Upgrade
Short-Term Debt Repaid	-	-2.91	-	-	-	-	Upgrade
Long-Term Debt Repaid	-	-2.81	-2.14	-	-	-	Upgrade
Total Debt Repaid	-22.81	-5.71	-2.14	-	-	-	Upgrade
Net Debt Issued (Repaid)	-2.81	14.29	-2.14	-	-	-	Upgrade
Common Dividends Paid	-0.1	-0.02	-	-	-	-	Upgrade
Other Financing Activities	4.63	1.05	-0.96	0.3	3.5	-	Upgrade
Financing Cash Flow	1.72	15.32	-3.1	0.3	3.5	-	Upgrade
Net Cash Flow	81.63	89.06	-46.08	3.59	-135.3	-296.13	Upgrade
Free Cash Flow	-58.78	-90.89	-63.08	-32.94	-46.46	-89.52	Upgrade
Free Cash Flow Margin	-48.64%	-64.58%	-46.72%	-20.17%	-35.08%	-49.84%	Upgrade
Free Cash Flow Per Share	-0.13	-0.21	-0.16	-0.08	-0.12	-0.23	Upgrade
Cash Income Tax Paid	2.43	1.72	7.87	5.22	6.05	9.35	Upgrade
Levered Free Cash Flow	1.08	-6.39	-61.26	8.64	-35.71	-75.77	Upgrade
Unlevered Free Cash Flow	1.17	-6.37	-61.15	8.79	-35.65	-75.77	Upgrade
Change in Working Capital	-53.48	-53.48	-36.97	2.36	-22.22	-61.54	Upgrade

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