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Price: 5.45 CNY 2.06% Market Closed

Market Cap: ¥4.6B

Cash Flow Statement

Operating Cash Flow

Investing Cash Flow

Financing Cash Flow

Currency: CNY

		Dec-2003	Mar-2004	Jun-2004	Sep-2004	Dec-2004	Mar-2005	Jun-2005	Sep-2005	Dec-2005	Mar-2006	Jun-2006	Sep-2006	Dec-2006	Mar-2007	Jun-2007	Sep-2007	Dec-2007	Mar-2008	Jun-2008	Sep-2008	Dec-2008	Mar-2009	Jun-2009	Sep-2009	Dec-2009	Mar-2010	Jun-2010	Sep-2010	Dec-2010	Mar-2011	Jun-2011	Sep-2011	Dec-2011	Mar-2012	Jun-2012	Sep-2012	Dec-2012	Mar-2013	Jun-2013	Sep-2013	Dec-2013	Mar-2014	Jun-2014	Sep-2014	Dec-2014	Mar-2015	Jun-2015	Sep-2015	Dec-2015	Mar-2016	Jun-2016	Sep-2016	Dec-2016	Mar-2017	Jun-2017	Sep-2017	Dec-2017	Mar-2018	Jun-2018	Sep-2018	Dec-2018	Mar-2019	Jun-2019	Sep-2019	Dec-2019	Mar-2020	Jun-2020	Sep-2020	Dec-2020	Mar-2021	Jun-2021	Sep-2021	Dec-2021	Mar-2022	Jun-2022	Sep-2022	Dec-2022	Mar-2023	Jun-2023	Sep-2023	Dec-2023	Mar-2024	Jun-2024	Sep-2024	Dec-2024	Mar-2025	Jun-2025	Sep-2025
Operating Cash Flow
Cash Taxes Paid		(29)	(29)	(35)	(44)	(39)	(32)	(30)	(20)	(20)	(34)	(43)	(60)	(89)	(100)	(114)	(131)	(132)	(135)	(149)	(176)	(163)	(155)	(140)	(126)	(170)	(188)	(230)	(265)	(292)	(295)	(311)	(384)	(366)	(371)	(386)	(314)	(363)	(362)	(340)	(394)	(255)	(226)	(203)	(116)	(160)	(157)	(137)	(102)	(116)	(125)	(106)	(114)	(84)	(80)	(83)	(90)	(105)	(98)	(96)	(54)	(42)	(47)	(59)	(97)	(106)	(95)	(86)	(82)	(61)	(63)	(61)	(55)	(136)	(134)	(48)	(30)	30	34	(55)	(66)	(45)	(48)	(39)	(40)	(42)	(38)	14	19
Change in Working Capital		(127)	(96)	(35)	193	233	230	(308)	(458)	(27)	110	634	809	214	67	46	(16)	65	44	64	25	76	121	69	96	3	(21)	5	18	11	18	10	(15)	(224)	(209)	(233)	(229)	(191)	(30)	(70)	(142)	(335)	(347)	(834)	(380)	(380)	(372)	(297)	(385)	(395)	(400)	(36)	(417)	(659)	(680)	(660)	(631)	(645)	(674)	(681)	(669)	(503)	(603)	(618)	(805)	(882)	(783)	(608)	(537)	(659)	(593)	(759)	(751)	(776)	(817)	(706)	(747)	(333)	(321)	(335)	(283)	(597)	(657)	(607)	(635)	(158)	(142)	(217)	(167)
Cash from Operating Activities		(103) N/A	(13) +88%	57 N/A	324 +471%	614 +90%	470 -23%	(110) N/A	(138) -25%	123 N/A	341 +176%	771 +126%	708 -8%	112 -84%	(67) N/A	73 N/A	15 -80%	202 +1 258%	208 +3%	278 +34%	434 +56%	565 +30%	565 +0%	560 -1%	528 -6%	319 -40%	386 +21%	248 -36%	165 -33%	185 +12%	199 +8%	212 +6%	602 +184%	413 -31%	399 -3%	428 +7%	393 -8%	372 -6%	375 +1%	353 -6%	323 -9%	323 +0%	332 +3%	364 +10%	329 -9%	34 -90%	9 -72%	70 +655%	(305) N/A	137 N/A	124 -10%	118 -5%	122 +4%	(139) N/A	(144) -4%	(155) -7%	(133) +14%	(110) +18%	(104) +5%	(74) +29%	(83) -12%	197 N/A	11 -94%	(143) N/A	(91) +37%	(80) +12%	(136) -72%	(47) +66%	(77) -65%	(87) -12%	(120) -38%	(194) -62%	(71) +63%	(14) +81%	28 N/A	106 +285%	87 -18%	11 -87%	108 +878%	(98) N/A	(149) -53%	(204) -37%	(203) +1%	(156) +23%	(110) +29%	74 N/A	100 +35%	146 +47%	120 -18%
Investing Cash Flow
Capital Expenditures		(67)	(69)	(113)	(206)	(180)	(212)	(204)	(192)	(542)	(518)	(469)	(405)	(304)	(312)	(334)	(345)	(283)	(353)	(542)	(520)	(350)	(316)	(106)	(109)	(180)	(155)	(225)	(231)	(161)	(130)	(64)	(50)	(26)	(26)	(23)	(30)	(34)	(38)	(37)	(212)	(287)	(283)	(301)	(128)	(72)	(77)	(54)	(46)	(23)	(12)	(13)	(19)	(28)	(27)	(43)	(36)	(40)	(68)	(71)	(81)	(100)	(84)	(74)	(69)	(122)	(113)	(131)	(128)	(103)	(124)	(111)	(123)	(180)	(171)	(162)	(147)	(69)	(133)	(152)	(299)	(460)	(593)	(894)	(915)	(1 038)	(1 065)	(950)	(886)
Other Items		320	383	202	184	39	(45)	369	471	393	146	(81)	(234)	(126)	(19)	(27)	125	44	191	289	205	(215)	(174)	(158)	31	524	652	614	552	424	353	847	842	929	841	989	845	480	458	(16)	80	586	596	906	696	782	787	841	1 014	492	483	228	234	587	591	375	291	433	437	(38)	243	(368)	(359)	534	462	762	784	277	33	(30)	11	(30)	244	391	310	331	876	744	1 600	1 687	1 029	1 125	278	(3)	(67)	(62)	(72)	109	34
Cash from Investing Activities		253 N/A	315 +24%	89 -72%	(22) N/A	(141) -543%	(257) -83%	165 N/A	279 +69%	(149) N/A	(371) -148%	(550) -48%	(638) -16%	(431) +33%	(331) +23%	(361) -9%	(220) +39%	(239) -9%	(162) +32%	(253) -56%	(314) -24%	(565) -80%	(490) +13%	(264) +46%	(79) +70%	344 N/A	497 +44%	389 -22%	322 -17%	263 -18%	223 -15%	783 +252%	792 +1%	903 +14%	815 -10%	966 +18%	816 -16%	446 -45%	420 -6%	(54) N/A	(132) -146%	300 N/A	313 +4%	605 +93%	569 -6%	710 +25%	710 +0%	787 +11%	967 +23%	470 -51%	471 +0%	215 -54%	215 0%	558 +160%	564 +1%	333 -41%	255 -23%	392 +54%	369 -6%	(109) N/A	162 N/A	(468) N/A	(443) +5%	460 N/A	393 -14%	640 +63%	672 +5%	146 -78%	(96) N/A	(133) -39%	(113) +15%	(141) -25%	121 N/A	211 +75%	139 -34%	169 +22%	729 +331%	675 -7%	1 467 +117%	1 536 +5%	730 -52%	665 -9%	(315) N/A	(897) -185%	(983) -10%	(1 100) -12%	(1 137) -3%	(842) +26%	(852) -1%
Financing Cash Flow
Net Issuance of Debt		41	87	91	268	113	489	65	(120)	43	(417)	(14)	122	525	759	667	715	389	324	241	247	33	150	274	562	446	459	800	241	283	238	(358)	(504)	(740)	(543)	(701)	(44)	144	(434)	(332)	(848)	(831)	(1 111)	(561)	(521)	(525)	(106)	(471)	(455)	(533)	(338)	(507)	(627)	(392)	(488)	(76)	273	(296)	333	238	(156)	606	(396)	(355)	(558)	(514)	(197)	262	762	617	511	(192)	327	(120)	89	534	(1 042)	(840)	(1 139)	(1 177)	(242)	26	228	533	1 012	1 110	1 209	827	615
Cash Paid for Dividends		(169)	(165)	(147)	(188)	(173)	(282)	(271)	(154)	(183)	(208)	(201)	(372)	(215)	(124)	(191)	(187)	(235)	(276)	(366)	(372)	(454)	(410)	(370)	(341)	(365)	(355)	(418)	(456)	(358)	(359)	(360)	(369)	(358)	(372)	(325)	(270)	(508)	(505)	(516)	(554)	(416)	(430)	(465)	(511)	(394)	(375)	(335)	(296)	(297)	(326)	(274)	(263)	(223)	(195)	(266)	(268)	(193)	(193)	(134)	(44)	(141)	(147)	(69)	(63)	(118)	(115)	(95)	(123)	(138)	(144)	(140)	(140)	(142)	(147)	(162)	(158)	(131)	(123)	(93)	(131)	(90)	(85)	(87)	(30)	(111)	(116)	(161)	(174)
Other		1	(18)	330	228	55	162	(177)	(125)	199	289	251	416	97	248	232	343	268	297	585	473	360	764	575	(260)	(870)	(1 350)	(1 566)	(1 027)	(122)	(500)	(358)	(370)	(852)	(350)	106	(684)	125	(101)	(513)	144	(112)	188	721	514	131	(291)	(813)	85	193	220	(61)	(192)	(25)	(101)	(11)	15	84	157	136	(68)	163	354	435	541	(142)	(346)	(243)	(347)	(36)	(69)	(68)	(130)	7	0	49	57	14	6	(30)	(33)	14	25	24	28	204	212	250	296
Cash from Financing Activities		(127) N/A	(96) +25%	273 N/A	309 +13%	(5) N/A	370 N/A	(383) N/A	(399) -4%	59 N/A	(336) N/A	36 N/A	165 +356%	407 +147%	883 +117%	708 -20%	871 +23%	421 -52%	345 -18%	459 +33%	347 -24%	(61) N/A	504 N/A	480 -5%	(40) N/A	(789) -1 891%	(1 246) -58%	(1 184) +5%	(1 242) -5%	(197) +84%	(620) -215%	(1 075) -73%	(1 244) -16%	(1 950) -57%	(1 266) +35%	(920) +27%	(997) -8%	(239) +76%	(1 039) -334%	(1 361) -31%	(1 257) +8%	(1 358) -8%	(1 353) +0%	(305) +77%	(518) -70%	(788) -52%	(772) +2%	(1 619) -110%	(667) +59%	(636) +5%	(445) +30%	(843) -89%	(1 082) -28%	(639) +41%	(783) -22%	(353) +55%	21 N/A	(404) N/A	297 N/A	239 -19%	(268) N/A	628 N/A	(188) N/A	12 N/A	(80) N/A	(774) -868%	(658) +15%	(76) +88%	292 N/A	443 +52%	299 -33%	(401) N/A	57 N/A	(255) N/A	(23) +91%	421 N/A	(1 142) N/A	(957) +16%	(1 256) -31%	(1 300) -4%	(405) +69%	(50) +88%	167 N/A	469 +180%	1 010 +115%	1 203 +19%	1 305 +8%	916 -30%	738 -19%
Change in Cash
Effect of Foreign Exchange Rates		0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	(0)	(0)	(1)	(2)	(2)	(2)	(1)	0	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	0	0	0	0	0	0	0	0	0	0	0	0	(1)	(1)	(1)	(1)	0	0	0	0	2	2	2	1	(0)	(0)	0	1	2	2	2	2	0	1	1	(0)	(3)	(3)	(4)	(5)	(2)	(2)	(1)	0	1	1	2	2	0	1	1	0	1	1	1	1
Net Change in Cash		23 N/A	206 +794%	418 +103%	610 +46%	469 -23%	583 +24%	(328) N/A	(259) +21%	33 N/A	(366) N/A	257 N/A	235 -9%	89 -62%	485 +446%	421 -13%	666 +58%	384 -42%	391 +2%	484 +24%	465 -4%	(62) N/A	578 N/A	774 +34%	409 -47%	(126) N/A	(363) -188%	(548) -51%	(756) -38%	250 N/A	(199) N/A	(80) +60%	150 N/A	(635) N/A	(52) +92%	473 N/A	212 -55%	578 +173%	(244) N/A	(1 061) -334%	(1 067) -1%	(736) +31%	(709) +4%	663 N/A	381 -43%	(46) N/A	(53) -16%	(763) -1 336%	(5) +99%	(29) -437%	150 N/A	(509) N/A	(745) -46%	(218) +71%	(361) -66%	(174) +52%	144 N/A	(122) N/A	562 N/A	56 -90%	(189) N/A	359 N/A	(618) N/A	330 N/A	225 -32%	(213) N/A	(122) +43%	24 N/A	119 +402%	221 +86%	63 -72%	(740) N/A	102 N/A	(60) N/A	141 N/A	694 +393%	(326) N/A	(270) +17%	320 N/A	139 -56%	177 +27%	411 +132%	(350) N/A	(583) -67%	(83) +86%	178 N/A	269 +51%	222 -18%	6 -97%
Free Cash Flow
Free Cash Flow		(170) N/A	(81) +52%	(57) +31%	118 N/A	434 +268%	258 -41%	(314) N/A	(330) -5%	(419) -27%	(177) +58%	302 N/A	303 +0%	(192) N/A	(379) -97%	(260) +31%	(330) -27%	(81) +76%	(145) -80%	(264) -82%	(86) +67%	215 N/A	249 +16%	454 +82%	419 -8%	139 -67%	232 +67%	23 -90%	(66) N/A	24 N/A	69 +189%	148 +115%	552 +273%	387 -30%	373 -4%	405 +8%	364 -10%	337 -7%	337 0%	316 -6%	111 -65%	36 -67%	48 +34%	63 +30%	202 +221%	(39) N/A	(68) -76%	16 N/A	(352) N/A	115 N/A	112 -3%	105 -6%	103 -2%	(167) N/A	(171) -3%	(198) -16%	(170) +14%	(150) +12%	(172) -15%	(146) +15%	(165) -13%	97 N/A	(73) N/A	(217) -197%	(160) +26%	(202) -26%	(249) -24%	(178) +29%	(205) -15%	(189) +8%	(244) -29%	(305) -25%	(195) +36%	(194) +1%	(143) +26%	(56) +61%	(60) -7%	(58) +3%	(26) +55%	(249) -870%	(448) -80%	(664) -48%	(796) -20%	(1 050) -32%	(1 025) +2%	(965) +6%	(965) 0%	(804) +17%	(766) +5%

Income Statement Balance Sheet Cash Flow Statement

Income Statement Balance Sheet Cash Flow Statement

See Also

Relative Valuation

Wall Street Estimates

Profitability Analysis

Solvency Analysis

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