China New City Group 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	503.91	-404.14	-432.52	-295.14
Depreciation & Amortization	121.78	149.53	149.51	162.28
Loss (Gain) From Sale of Assets	-24.52	16.89	-32.61	-92.79
Asset Writedown & Restructuring Costs	556.75	354.69	162.82	170.74
Loss (Gain) From Sale of Investments	16.02	18.91	0.02	0.04
Loss (Gain) on Equity Investments	7.26	0.66	1.01	0.81
Stock-Based Compensation	-	-	1.4	11.39
Other Operating Activities	509.49	-240.09	-289.46	-341.06
Change in Accounts Receivable	6.06	-23.33	-6.55	-4.81
Change in Inventory	143.6	328.35	-667.08	-495.01
Change in Accounts Payable	971.29	-21.34	117.86	-14.52
Change in Unearned Revenue	-2,136	300.02	717.38	1,696
Change in Other Net Operating Assets	417.45	203.79	63.55	14.73
Operating Cash Flow	1,093	683.94	-214.66	813.02
Operating Cash Flow Growth	59.77%	-	-	-
Capital Expenditures	-44.99	-70.9	-118.55	-118.94
Sale of Property, Plant & Equipment	1.73	2.63	72.67	26.25
Divestitures	1.39	-0.08	-	99.19
Sale (Purchase) of Real Estate	-	18.6	-102.96	38.88
Investment in Securities	-131	20.11	-20.12	-41.19
Other Investing Activities	-237.79	-91.14	430.85	443.71
Investing Cash Flow	-410.66	-120.79	261.9	447.9
Short-Term Debt Issued	-	-	-	212.32
Long-Term Debt Issued	1,028	880	1,913	1,323
Total Debt Issued	1,028	880	1,913	1,536
Short-Term Debt Repaid	-283.45	-424.98	-63.33	-
Long-Term Debt Repaid	-767.97	-1,786	-2,556	-2,187
Total Debt Repaid	-1,051	-2,211	-2,620	-2,187
Net Debt Issued (Repaid)	-23.41	-1,331	-706.57	-651.25
Financing Cash Flow	-23.41	-1,331	-706.57	-651.25
Foreign Exchange Rate Adjustments	-0.84	1.27	4.35	-0.71
Net Cash Flow	657.84	-766.93	-654.98	608.96
Free Cash Flow	1,048	613.04	-333.21	694.08
Free Cash Flow Growth	70.91%	-	-	-
Free Cash Flow Margin	25.53%	47.26%	-56.31%	79.68%
Free Cash Flow Per Share	0.52	0.30	-0.17	0.34
Cash Interest Paid	186.17	159.57	306.94	346.81
Cash Income Tax Paid	48.99	109.97	77.44	181.14
Levered Free Cash Flow	175.07	806.59	118.69	1,160
Unlevered Free Cash Flow	248.93	870.32	206.13	1,300
Change in Working Capital	-597.93	787.48	225.15	1,197

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