Shandong University Electric Power Technology Co., Ltd. (SHE:301609)

SHE:301609 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	132.8	126.64	102.8	76.99	76.18	81.24
Depreciation & Amortization	12.38	12.38	5.83	4.32	4.38	2.43
Loss (Gain) From Sale of Assets	0	0	-	-	-	-
Asset Writedown & Restructuring Costs	0.1	0.1	0.45	-0.01	0.12	0.06
Provision & Write-off of Bad Debts	3.39	3.39	-1.73	3.34	0.8	-0.09
Other Operating Activities	17.94	3.05	4.75	1.91	2.64	1.55
Change in Accounts Receivable	-49.67	-49.67	9.68	-63.44	-28.28	63.13
Change in Inventory	-22.91	-22.91	-20.45	-15.18	-11.95	-44.08
Change in Accounts Payable	79.49	79.49	79.25	19.3	43.02	-0.51
Operating Cash Flow	172.76	151.7	180.36	26.89	86.77	103.59
Operating Cash Flow Growth	8.13%	-15.89%	570.67%	-69.01%	-16.23%	158.72%
Capital Expenditures	-12.1	-26.88	-32.71	-38.31	-62	-7.47
Sale of Property, Plant & Equipment	-	-	0	-	-	0
Investment in Securities	-170	-	-	-	-	-
Other Investing Activities	0.29	-	-	-	-0.89	-
Investing Cash Flow	-181.8	-26.88	-32.71	-38.31	-62.89	-7.47
Issuance of Common Stock	561.96	-	-	0.1	-	-
Common Dividends Paid	-	-	-30.54	-48.86	-30.54	-18.32
Other Financing Activities	-30.44	-3.75	-5.36	-1.01	-3.13	0.25
Financing Cash Flow	531.51	-3.75	-35.9	-49.77	-33.67	-18.07
Net Cash Flow	522.46	121.08	111.75	-61.19	-9.79	78.04
Free Cash Flow	160.66	124.82	147.65	-11.42	24.77	96.12
Free Cash Flow Growth	23.24%	-15.46%	-	-	-74.23%	154.79%
Free Cash Flow Margin	22.91%	18.97%	26.89%	-2.39%	5.68%	24.37%
Free Cash Flow Per Share	1.26	1.02	1.21	-0.09	0.20	0.79
Cash Income Tax Paid	47.33	34.67	34.38	41.4	21.96	28.76
Levered Free Cash Flow	-	54.17	139.78	-12.3	17.94	-
Unlevered Free Cash Flow	-	54.2	139.8	-12.26	18.01	-
Change in Working Capital	6.15	6.15	68.26	-59.66	2.65	18.39

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