Shanghai Chicmax Cosmetic 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	781.21	461.1	147.1	338.89
Depreciation & Amortization	103.18	97.87	91.64	85.87
Other Amortization	2.77	2.73	2.53	2.22
Loss (Gain) From Sale of Assets	-0.16	0.06	0.82	-1.69
Loss (Gain) From Sale of Investments	-17.17	-16.12	-0.08	0.19
Loss (Gain) on Equity Investments	1.61	6.01	1.23	0.15
Stock-Based Compensation	6.55	4.98	-0.89	41.44
Provision & Write-off of Bad Debts	6.97	-15.25	12.05	6.3
Other Operating Activities	55.72	135.91	40.49	145.05
Change in Accounts Receivable	-111.11	70.44	-12.24	-38.78
Change in Inventory	-218.62	-19.35	69.54	-110.77
Change in Accounts Payable	119.79	94.46	-140.46	16.84
Change in Other Net Operating Assets	-183.78	-76.66	-175.17	-150.52
Operating Cash Flow	546.95	746.16	36.56	335.19
Operating Cash Flow Growth	-26.70%	1940.87%	-89.09%	26.02%
Capital Expenditures	-233.37	-87.83	-54.33	-63.12
Sale of Property, Plant & Equipment	8.79	3.57	4.84	4.8
Divestitures	0.9	-	-	-
Sale (Purchase) of Intangibles	-8.05	-0.21	-5.19	-0.43
Investment in Securities	44.69	-373.01	-12.1	0.87
Other Investing Activities	-	-	-	2.59
Investing Cash Flow	-187.03	-457.49	-66.78	-55.29
Long-Term Debt Issued	220	354.22	615.6	40.3
Total Debt Issued	220	354.22	615.6	40.3
Long-Term Debt Repaid	-298.01	-932.79	-182.04	-313.79
Total Debt Repaid	-298.01	-932.79	-182.04	-313.79
Net Debt Issued (Repaid)	-78.01	-578.57	433.56	-273.49
Issuance of Common Stock	-	21.78	846.41	-
Common Dividends Paid	-522.04	-179.08	-200	-
Other Financing Activities	4.38	-1.33	-51.91	-16.06
Financing Cash Flow	-595.67	-737.21	1,028	-289.56
Foreign Exchange Rate Adjustments	-2.48	-1.49	4.66	0.66
Net Cash Flow	-238.24	-450.02	1,003	-8.99
Free Cash Flow	313.58	658.33	-17.77	272.07
Free Cash Flow Growth	-52.37%	-	-	115.64%
Free Cash Flow Margin	4.62%	15.71%	-0.66%	7.52%
Free Cash Flow Per Share	0.79	1.65	-0.05	0.76
Cash Interest Paid	6.07	16.23	20.47	14.77
Cash Income Tax Paid	134.86	5.14	20.66	11.99
Levered Free Cash Flow	88.65	481.08	-179.67	62.26
Unlevered Free Cash Flow	92.45	491.22	-166.88	75.34
Change in Working Capital	-393.73	68.88	-258.34	-283.23

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