SHE:301591 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 2016	FY 2015
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015
Net Income	71.9	72.04	75.3	73.31	15.47	27.6
Depreciation & Amortization	17.15	17.15	16.56	16	1.58	1.07
Other Amortization	0.69	0.69	-	-	-	-
Loss (Gain) From Sale of Assets	1.45	1.45	0.21	0.02	-	-
Asset Writedown & Restructuring Costs	3.72	3.72	5.41	1.19	-	-
Loss (Gain) From Sale of Investments	-1.01	-1.01	-	-	-	-
Other Operating Activities	-2.02	-0.3	-1.23	-4.6	-1.19	-7.31
Change in Accounts Receivable	7.77	7.77	-33.63	-34.41	-	-
Change in Inventory	-39.65	-39.65	-0.97	16.82	-	-
Change in Accounts Payable	8.84	8.84	-15.91	-1.36	-	-
Change in Other Net Operating Assets	1.08	1.08	-1.05	-0.76	-	-
Operating Cash Flow	69.92	71.79	44.07	66.49	15.86	21.37
Operating Cash Flow Growth	-12.09%	62.90%	-33.72%	319.14%	-25.75%	1.62%
Capital Expenditures	-97.59	-126.68	-42.72	-15.21	-12.09	-15.06
Sale of Property, Plant & Equipment	0.18	0.82	0.45	0.09	-	0.03
Investment in Securities	-	-	-	-	-0.38	-
Other Investing Activities	105.88	1.01	-0.67	-	-	0.01
Investing Cash Flow	12.25	-124.84	-42.94	-15.12	-12.47	-15.02
Long-Term Debt Issued	-	-	-	-	-	20
Long-Term Debt Repaid	-	-2.45	-2.77	-1.94	-	-
Net Debt Issued (Repaid)	-2.45	-2.45	-2.77	-1.94	-	20
Issuance of Common Stock	18.27	377.6	-	-	16.59	30
Common Dividends Paid	-37.28	-26.33	-	-4.22	-34.63	-2.8
Other Financing Activities	-14.55	-15.81	-1.51	-1.7	-7	-
Financing Cash Flow	-36.01	333.01	-4.28	-7.86	-25.05	47.2
Foreign Exchange Rate Adjustments	0.61	0.48	1.43	5.17	1.49	0.38
Net Cash Flow	46.77	280.44	-1.73	48.68	-20.16	53.92
Free Cash Flow	-27.66	-54.89	1.35	51.28	3.77	6.3
Free Cash Flow Growth	-	-	-97.38%	1259.32%	-40.14%	-52.66%
Free Cash Flow Margin	-6.49%	-13.34%	0.34%	13.78%	2.84%	4.78%
Free Cash Flow Per Share	-0.33	-0.68	0.02	0.81	0.08	-
Cash Income Tax Paid	23.13	20.57	32.58	20.36	18.98	16.25
Levered Free Cash Flow	-41.8	-82.35	-23.79	-	-19.07	-13.39
Unlevered Free Cash Flow	-41.78	-82.28	-23.71	-	-18.36	-13.38
Change in Working Capital	-21.96	-21.96	-52.18	-19.43	-	-

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