Sipai Health Technology Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-323.74	-255.77	-1,371	-3,740
Depreciation & Amortization	46.21	50.88	47.2	52.28
Other Amortization	2.57	2.09	2.23	1.6
Loss (Gain) From Sale of Assets	1.77	1	0.7	0.09
Asset Writedown & Restructuring Costs	50.2	31.28	-	-
Loss (Gain) From Sale of Investments	17.78	-7.49	-22.36	-19.25
Loss (Gain) on Equity Investments	0.19	0.41	-0.33	-0.14
Stock-Based Compensation	67.62	96.61	315.85	298.68
Provision & Write-off of Bad Debts	-	-	5.47	-
Other Operating Activities	-50.73	-18.77	763.43	3,031
Change in Accounts Receivable	-19.66	-128.45	-67.54	-164.11
Change in Inventory	48.32	35.92	-14.68	15.63
Change in Accounts Payable	-47.56	118.25	102.9	-3.74
Change in Unearned Revenue	6.92	11.17	3.44	61.45
Change in Other Net Operating Assets	140.66	-70.64	52.2	-155.17
Operating Cash Flow	-59.45	-133.5	-182.07	-621.92
Capital Expenditures	-8.46	-5.36	-3.96	-16.58
Sale of Property, Plant & Equipment	0.72	0.18	0.03	0.09
Cash Acquisitions	-	3.2	-40.68	-5.78
Divestitures	-0.86	-	-	-
Sale (Purchase) of Intangibles	-2.24	-0.39	-7.85	-4.83
Investment in Securities	-0.4	-719.92	1,090	-1,004
Other Investing Activities	10.62	1.48	-7.45	10.37
Investing Cash Flow	-0.62	-720.81	1,030	-1,020
Short-Term Debt Issued	-	2	-	-
Total Debt Issued	-	2	-	-
Short-Term Debt Repaid	-2	-	-	-
Long-Term Debt Repaid	-30.38	-32.19	-30.06	-34.53
Total Debt Repaid	-32.38	-32.19	-30.06	-34.53
Net Debt Issued (Repaid)	-32.38	-30.19	-30.06	-34.53
Issuance of Common Stock	2.15	4.28	150.26	-
Repurchase of Common Stock	-138.02	-71.28	-	-10.06
Other Financing Activities	-15.81	-5.57	-38.51	-316.02
Financing Cash Flow	-184.06	-120.55	81.69	559.29
Foreign Exchange Rate Adjustments	1.62	14.82	-9.79	-9.21
Net Cash Flow	-242.51	-960.03	919.61	-1,092
Free Cash Flow	-67.91	-138.86	-186.02	-638.5
Free Cash Flow Margin	-1.49%	-2.95%	-4.52%	-18.38%
Free Cash Flow Per Share	-0.11	-0.22	-1.65	-6.42
Cash Interest Paid	3.07	3.49	4.04	3.69
Cash Income Tax Paid	1.06	2.32	3.57	1.39
Levered Free Cash Flow	87.96	-96.3	-105.37	-186.72
Unlevered Free Cash Flow	89.88	-94.12	-102.85	-184.41
Change in Working Capital	128.68	-33.74	76.32	-245.94

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