Qingling Motors 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	-55.1	-54.27	-14.58	322.08
Depreciation & Amortization	125.9	107.07	108.11	101.31
Other Amortization	2.23	5.51	6.42	6.29
Loss (Gain) From Sale of Assets	0.07	0.86	0.16	-73.11
Loss (Gain) on Equity Investments	-0.84	-3.07	-2.79	1.31
Provision & Write-off of Bad Debts	-0.4	0.16	-0.53	-0.54
Other Operating Activities	-173.69	-226.34	-281.99	-316.65
Change in Accounts Receivable	-256.81	-23.19	1,156	303.32
Change in Inventory	39.42	100.22	-383.93	-217.24
Change in Accounts Payable	664.89	-143.72	-138.47	-319.12
Change in Unearned Revenue	-223.84	-121.63	-118.19	222.61
Change in Other Net Operating Assets	-7.01	13.51	-29.95	-18.03
Operating Cash Flow	114.83	-344.89	300.66	12.23
Operating Cash Flow Growth	-	-	2358.79%	-
Capital Expenditures	-96.41	-131.22	-165.82	-138.6
Sale of Property, Plant & Equipment	1.45	0.33	0.01	5
Sale (Purchase) of Intangibles	-65.93	-43.14	-3.84	-
Sale (Purchase) of Real Estate	-	-	-	97.55
Investment in Securities	-263	383	-584	710.5
Other Investing Activities	163.82	215.93	59.97	219.96
Investing Cash Flow	-260.07	424.9	-693.68	894.42
Long-Term Debt Repaid	-16.09	-16.31	-22.82	-21.25
Net Debt Issued (Repaid)	-16.09	-16.31	-22.82	-21.25
Common Dividends Paid	-	-	-273.05	-248.23
Other Financing Activities	-170.62	-5.01	-3.83	-4.24
Financing Cash Flow	-186.71	-21.32	-299.7	-273.71
Foreign Exchange Rate Adjustments	-7.52	-3.85	-8.34	-0.69
Net Cash Flow	-339.47	54.85	-701.05	632.24
Free Cash Flow	18.42	-476.11	134.84	-126.37
Free Cash Flow Margin	0.45%	-13.24%	4.15%	-2.62%
Free Cash Flow Per Share	0.01	-0.19	0.05	-0.05
Cash Interest Paid	1.24	1.68	0.64	1.37
Cash Income Tax Paid	4.34	6.65	4.67	5.19
Levered Free Cash Flow	393.6	-463.88	44.43	-322.1
Unlevered Free Cash Flow	394.96	-462.83	47.38	-321.24
Change in Working Capital	216.65	-174.81	485.86	-28.46

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