SHE:300183 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	Dec '20 Dec 31, 2020
Net Income	-28.12	66.83	61.09	163.26	133.35	185.29
Depreciation & Amortization	41.22	41.22	43.43	42.17	40.04	28.78
Other Amortization	20.06	20.06	19.53	12.95	14.92	9.46
Loss (Gain) From Sale of Assets	-5.54	-5.54	-2.02	-3.1	-0.07	-
Asset Writedown & Restructuring Costs	0.01	0.01	9.94	0.01	14.46	0.1
Loss (Gain) From Sale of Investments	-14.41	-14.41	-14.98	-15.75	-6.96	-12.71
Provision & Write-off of Bad Debts	2.59	2.59	-3.94	-4.41	2.75	4.95
Other Operating Activities	-48.85	-13.2	-10.4	-22.76	-38.85	2.1
Change in Accounts Receivable	14.07	14.07	31.45	-93.62	61.85	-1,246
Change in Inventory	62.21	62.21	79.29	-324.4	-45.15	30.31
Change in Accounts Payable	25	25	-44.89	85.6	75.97	-22.12
Change in Other Net Operating Assets	-	-	-	-	-	-10.29
Operating Cash Flow	61.27	191.87	165.69	-168.65	245.16	-1,014
Operating Cash Flow Growth	-80.64%	15.80%	-	-	-	-
Capital Expenditures	-303.25	-123.84	-67.81	-50.24	-32.67	-92.67
Sale of Property, Plant & Equipment	2.2	18.17	15.34	5.96	0.11	9
Cash Acquisitions	-	-	-	-	-	-53.53
Investment in Securities	6,198	6,408	5,356	-208.46	94.28	283.88
Other Investing Activities	-5,839	-6,483	-5,251	28.64	-	11.54
Investing Cash Flow	57.9	-180.83	52.47	-224.11	61.72	158.22
Short-Term Debt Issued	-	-	-	1	-	-
Total Debt Issued	-	-	-	1	-	-
Short-Term Debt Repaid	-	-	-1	-	-	-
Total Debt Repaid	-	-	-1	-	-	-
Net Debt Issued (Repaid)	-	-	-1	1	-	-
Repurchase of Common Stock	-	-	-	-	-	-61.12
Common Dividends Paid	-46.26	-46.26	-72.77	-69.43	-92.52	-93.72
Other Financing Activities	6.58	-2.74	-5.78	-6.49	4.71	-
Financing Cash Flow	-39.68	-49	-79.55	-74.92	-87.81	-154.85
Foreign Exchange Rate Adjustments	0.54	0.25	-0.01	0.64	-0.18	-0.12
Net Cash Flow	80.03	-37.71	138.61	-467.04	218.89	-1,010
Free Cash Flow	-241.98	68.02	97.88	-218.9	212.49	-1,106
Free Cash Flow Growth	-	-30.51%	-	-	-	-
Free Cash Flow Margin	-25.55%	6.60%	9.93%	-23.39%	23.45%	-126.36%
Free Cash Flow Per Share	-0.52	0.15	0.21	-0.47	0.46	-2.38
Cash Income Tax Paid	37.64	68.92	54.5	55.75	49.97	64.94
Levered Free Cash Flow	-164.94	114.01	98.06	-254.87	210.53	-32.87
Unlevered Free Cash Flow	-164.83	114.13	98.19	-254.84	210.96	-32.85
Change in Working Capital	94.31	94.31	63.05	-341.03	85.51	-1,232

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