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Price: 3.21 CNY -3.02% Market Closed

Market Cap: ¥12.6B

Cash Flow Statement

Operating Cash Flow

Investing Cash Flow

Financing Cash Flow

Currency: CNY

		Jun-2003	Sep-2003	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		(73)	(107)	(86)	(105)	(134)	(110)	(112)	(121)	(81)	(100)	(96)	(73)	(100)	(88)	(106)	(123)	(131)	(139)	(103)	(96)	(99)	(88)	(134)	(146)	(197)	(239)	(215)	(226)	(150)	(101)	(100)	(84)	(76)	(94)	(99)	(105)	(139)	(158)	(147)	(129)	(123)	(104)	(125)	(126)	(110)	(112)	(133)	(121)	(126)	(134)	(142)	(170)	(191)	(210)	(208)	(233)	(278)	(323)	(321)	(319)	(291)	(91)	(69)	(53)	(9)	(155)	(172)	(153)	(186)	(188)	(189)	(218)	(196)	(209)	(253)	(259)	(304)	(554)	(510)	(494)	(565)	(310)	(335)	(334)	(229)	(252)	(311)	(321)	(313)	(303)
Change in Working Capital		(24)	(76)	(161)	(87)	(119)	(132)	(67)	(225)	(231)	(161)	(224)	(219)	(150)	(201)	(278)	(199)	(243)	(148)	(325)	(486)	(334)	(411)	(146)	39	(95)	(137)	157	166	162	229	(84)	(137)	(162)	(233)	(182)	(184)	(225)	(218)	(845)	(396)	(535)	(756)	(828)	(916)	(970)	(1 177)	(7)	12	19	261	(1 167)	(1 377)	(1 366)	(1 355)	(1 650)	(1 666)	(1 785)	(1 966)	(1 742)	(1 479)	(1 687)	(1 976)	(2 106)	(2 204)	(2 081)	(1 880)	(1 962)	(2 410)	(2 058)	(1 874)	(1 369)	(1 150)	(1 181)	(1 214)	(1 559)	(1 273)	(1 566)	(1 594)	(1 809)	(1 804)	(2 018)	(1 909)	(1 799)	(2 086)	(2 107)	(2 122)	(1 971)	(1 832)	(1 623)	(1 619)
Cash from Operating Activities		(182) N/A	(254) -39%	(556) -119%	(387) +30%	(102) +74%	(54) +48%	693 N/A	564 -19%	753 +33%	870 +16%	461 -47%	550 +19%	412 -25%	358 -13%	147 -59%	124 -15%	116 -7%	315 +173%	1 -100%	(119) N/A	(40) +66%	(125) -210%	218 N/A	212 -3%	416 +96%	(5) N/A	377 N/A	338 -10%	(95) N/A	131 N/A	(273) N/A	(222) +19%	(36) +84%	(77) -117%	267 N/A	147 -45%	18 -88%	(9) N/A	(277) -2 874%	(76) +73%	(78) -3%	(65) +17%	(363) -463%	(351) +3%	(417) -19%	(591) -42%	1 253 N/A	1 280 +2%	1 287 +1%	1 574 +22%	(14) N/A	(293) -1 945%	(263) +10%	(331) -26%	(238) +28%	(161) +32%	(155) +4%	(389) -150%	(201) +48%	(137) +32%	(257) -88%	(51) +80%	(134) -163%	(105) +22%	33 N/A	115 +251%	(33) N/A	(331) -917%	(11) +97%	(156) -1 344%	(189) -21%	(152) +20%	(158) -4%	9 N/A	(74) N/A	247 N/A	90 -63%	(267) N/A	(294) -10%	(219) +26%	(643) -194%	(186) +71%	(165) +11%	(411) -150%	(173) +58%	(239) -38%	(146) +39%	158 N/A	208 +31%	201 -3%
Investing Cash Flow
Capital Expenditures		(5)	(82)	(205)	(249)	(248)	(149)	(355)	(375)	(505)	(608)	(413)	(487)	(747)	(1 116)	(1 632)	(1 808)	(1 710)	(1 389)	(612)	(392)	(170)	(100)	(360)	(317)	(169)	(214)	(198)	(185)	(259)	(170)	(289)	(279)	(335)	(375)	(212)	(201)	(155)	(131)	(255)	(248)	(248)	(228)	(164)	(160)	(145)	(149)	(156)	(160)	(162)	(187)	(142)	(145)	(151)	(166)	(219)	(354)	(562)	(736)	(1 046)	(1 236)	(1 309)	(1 319)	(1 298)	(984)	(717)	(508)	(123)	(108)	(119)	(129)	(182)	(174)	(127)	(92)	(13)	(33)	(67)	(87)	(98)	(73)	(47)	(28)	(28)	(35)	(35)	(37)	(34)	(30)	(24)	(18)
Other Items		21	70	191	(5)	(237)	(270)	(310)	(117)	(82)	(102)	97	113	119	(130)	262	260	262	510	475	468	296	356	407	575	537	529	27	(97)	129	131	273	230	298	228	601	615	539	713	419	407	425	307	362	397	112	(165)	(1 838)	(1 900)	(741)	276	2 888	4 881	1 261	(237)	(2 635)	(4 731)	(1 726)	(986)	212	343	62	795	2 043	2 212	2 737	2 133	939	1 137	484	1 092	1 496	1 913	2 215	1 474	1 255	994	1 014	1 060	801	282	240	213	210	201	44	57	60	59	81	159
Cash from Investing Activities		16 N/A	(11) N/A	(14) -26%	(254) -1 660%	(484) -91%	(419) +13%	(665) -59%	(491) +26%	(587) -19%	(710) -21%	(315) +56%	(375) -19%	(628) -68%	(1 246) -98%	(1 370) -10%	(1 548) -13%	(1 449) +6%	(880) +39%	(137) +84%	76 N/A	125 +66%	256 +104%	47 -82%	258 +445%	367 +43%	315 -14%	(172) N/A	(283) -65%	(130) +54%	(40) +70%	(15) +61%	(49) -219%	(37) +25%	(147) -297%	390 N/A	414 +6%	384 -7%	582 +51%	164 -72%	159 -3%	176 +11%	79 -55%	198 +151%	237 +20%	(34) N/A	(314) -834%	(1 994) -535%	(2 059) -3%	(903) +56%	89 N/A	2 745 +2 974%	4 736 +73%	1 110 -77%	(403) N/A	(2 854) -608%	(5 085) -78%	(2 288) +55%	(1 723) +25%	(834) +52%	(893) -7%	(1 247) -40%	(524) +58%	745 N/A	1 228 +65%	2 020 +65%	1 626 -20%	816 -50%	1 029 +26%	365 -65%	963 +164%	1 314 +36%	1 740 +32%	2 088 +20%	1 381 -34%	1 241 -10%	961 -23%	947 -1%	973 +3%	703 -28%	208 -70%	193 -7%	184 -4%	182 -1%	166 -9%	10 -94%	20 +105%	26 +29%	29 +13%	56 +91%	142 +151%
Financing Cash Flow
Net Issuance of Debt		313	577	867	859	580	429	173	173	399	145	19	333	516	507	586	604	670	1 258	880	601	608	475	485	540	73	(447)	(418)	(924)	(832)	(618)	(343)	(223)	164	(137)	(400)	(29)	232	346	645	371	(886)	(375)	188	218	1 539	1 214	1 342	1 037	(334)	(784)	(2 037)	(840)	346	1 391	3 486	2 688	2 517	1 811	259	1 051	446	188	(572)	(1 329)	(1 754)	(1 512)	(680)	(818)	(252)	(391)	(509)	(1 229)	(1 597)	(1 235)	(1 646)	(1 327)	(1 019)	(786)	(300)	45	314	(82)	87	322	257	338	313	71	(55)	(175)
Cash Paid for Dividends		(82)	(128)	(163)	(175)	(249)	(234)	(203)	(211)	(190)	(231)	(223)	(225)	(268)	(226)	(233)	(230)	(199)	(218)	(309)	(294)	(367)	(394)	(334)	(366)	(407)	(399)	(361)	(344)	(263)	(324)	(309)	(308)	(227)	(221)	(359)	(360)	(357)	(473)	(356)	(375)	(368)	(342)	(364)	(369)	(380)	(400)	(439)	(484)	(474)	(463)	(556)	(531)	(521)	(485)	(380)	(436)	(489)	(503)	(425)	(428)	(569)	(577)	(641)	(696)	(570)	(407)	(292)	(231)	(250)	(275)	(282)	(291)	(244)	(191)	(181)	(136)	(91)	(104)	(95)	(74)	(73)	(56)	(39)	(36)	(67)	(62)	(70)	(73)	(28)	(93)
Other		0	0	13	36	36	36	27	4	6	5	1	1	1	1 177	1 179	1 179	1 190	14	14	14	1	(20)	(1)	(3)	(7)	155	140	141	145	6	355	649	625	610	289	69	62	49	20	112	98	88	20	(191)	(161)	(46)	(205)	(94)	(80)	(157)	61	81	67	67	36	127	1 024	1 038	899	786	(93)	(234)	(81)	(89)	(80)	36	(12)	(2)	(16)	(6)	(18)	(24)	(20)	(21)	327	333	301	276	(83)	(102)	(85)	(86)	(101)	(94)	(101)	(91)	(74)	(80)	(79)	(89)
Cash from Financing Activities		232 N/A	450 +94%	717 +59%	720 +0%	366 -49%	231 -37%	(3) N/A	(33) -1 003%	215 N/A	(82) N/A	(204) -149%	109 N/A	248 +128%	1 458 +487%	1 532 +5%	1 553 +1%	1 660 +7%	1 053 -37%	585 -44%	321 -45%	243 -24%	61 -75%	150 +146%	171 +14%	(340) N/A	(691) -103%	(639) +7%	(1 127) -76%	(951) +16%	(936) +2%	(297) +68%	118 N/A	561 +375%	253 -55%	(470) N/A	(321) +32%	(63) +80%	(78) -24%	309 N/A	108 -65%	(1 156) N/A	(629) +46%	(156) +75%	(343) -120%	998 N/A	768 -23%	699 -9%	459 -34%	(888) N/A	(1 404) -58%	(2 532) -80%	(1 290) +49%	(109) +92%	973 N/A	3 143 +223%	2 378 -24%	3 051 +28%	2 347 -23%	733 -69%	1 409 +92%	(217) N/A	(623) -188%	(1 294) -108%	(2 113) -63%	(2 404) -14%	(1 883) +22%	(985) +48%	(1 051) -7%	(518) +51%	(672) -30%	(809) -20%	(1 545) -91%	(1 861) -21%	(1 447) +22%	(1 501) -4%	(1 130) +25%	(809) +28%	(614) +24%	(479) +22%	(130) +73%	155 N/A	(224) N/A	(52) +77%	193 N/A	88 -54%	184 +109%	168 -9%	(82) N/A	(162) -97%	(357) -120%
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	0	0	(2)	(3)	(3)	(3)	(0)	(0)	0	0	0	(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	3	2	(8)	(13)	(4)	(4)	8	13	2	2	1	1	0	1	1	(1)	(0)	(0)	(1)	0	(0)	(0)	(0)	0	0	0	0	(0)	(0)	(0)	(0)	(0)	0	0	0	0
Net Change in Cash		65 N/A	185 +182%	147 -20%	79 -46%	(220) N/A	(242) -10%	24 N/A	40 +66%	381 +856%	78 -80%	(58) N/A	284 N/A	32 -89%	569 +1 657%	309 -46%	129 -58%	327 +153%	488 +49%	449 -8%	277 -38%	326 +18%	189 -42%	412 +118%	638 +55%	443 -31%	(381) N/A	(433) -14%	(1 072) -147%	(1 176) -10%	(845) +28%	(586) +31%	(154) +74%	488 N/A	28 -94%	187 +559%	240 +28%	339 +42%	495 +46%	196 -60%	191 -3%	(1 058) N/A	(615) +42%	(321) +48%	(456) -42%	548 N/A	(137) N/A	(42) +69%	(321) -661%	(504) -57%	259 N/A	200 -23%	3 154 +1 479%	739 -77%	240 -67%	54 -78%	(2 865) N/A	600 N/A	223 -63%	(306) N/A	376 N/A	(1 713) N/A	(1 186) +31%	(681) +43%	(989) -45%	(351) +65%	(142) +59%	(201) -42%	(352) -75%	(163) +54%	134 N/A	316 +136%	43 -86%	68 +58%	(55) N/A	(334) -504%	78 N/A	228 +191%	92 -60%	(70) N/A	(141) -100%	(294) -109%	(225) +24%	(35) +84%	(53) -49%	(75) -42%	(35) +54%	49 N/A	106 +118%	102 -4%	(14) N/A
Free Cash Flow
Free Cash Flow		(187) N/A	(335) -79%	(761) -127%	(636) +16%	(350) +45%	(203) +42%	338 N/A	190 -44%	248 +31%	262 +5%	49 -81%	62 +28%	(335) N/A	(759) -127%	(1 485) -96%	(1 684) -13%	(1 595) +5%	(1 075) +33%	(611) +43%	(512) +16%	(211) +59%	(225) -7%	(142) +37%	(105) +26%	247 N/A	(219) N/A	179 N/A	152 -15%	(354) N/A	(39) +89%	(562) -1 345%	(501) +11%	(370) +26%	(452) -22%	56 N/A	(55) N/A	(137) -149%	(140) -2%	(531) -280%	(323) +39%	(326) -1%	(292) +10%	(527) -80%	(511) +3%	(562) -10%	(740) -32%	1 097 N/A	1 120 +2%	1 125 +0%	1 387 +23%	(157) N/A	(437) -179%	(414) +5%	(496) -20%	(457) +8%	(515) -13%	(718) -39%	(1 125) -57%	(1 247) -11%	(1 373) -10%	(1 566) -14%	(1 370) +12%	(1 432) -4%	(1 089) +24%	(684) +37%	(393) +43%	(156) +60%	(439) -182%	(130) +70%	(285) -119%	(371) -30%	(325) +12%	(285) +12%	(83) +71%	(88) -5%	214 N/A	24 -89%	(354) N/A	(392) -11%	(292) +26%	(690) -136%	(214) +69%	(193) +10%	(446) -131%	(207) +54%	(276) -33%	(180) +35%	128 N/A	183 +43%	183 +0%

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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