Mabpharm 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	-127.95	-209.36	-210.82	-291.74
Depreciation & Amortization	61.33	60.7	51.55	43.88
Loss (Gain) From Sale of Assets	-	-	-0.03	0.07
Loss (Gain) From Sale of Investments	-0.12	-0.34	-0.04	-
Stock-Based Compensation	11.82	13.47	9.78	12.24
Provision & Write-off of Bad Debts	1.88	0.43	0.12	-
Other Operating Activities	14.08	10.79	10.57	7.05
Change in Accounts Receivable	-76.98	-10.32	-8.86	-0.79
Change in Inventory	-8.97	-1.24	-47.59	-19.79
Change in Accounts Payable	42.89	-4.43	9.76	27.19
Change in Unearned Revenue	59.43	199.28	84.6	-30.28
Change in Other Net Operating Assets	18.49	-1.59	44.09	52.72
Operating Cash Flow	-4.1	57.39	-56.89	-199.47
Capital Expenditures	-26.14	-19.04	-125.13	-148.67
Sale of Property, Plant & Equipment	-	-	0.04	0.04
Divestitures	0.12	15.39	-	-
Sale (Purchase) of Intangibles	-33.35	-	-	-
Investment in Securities	-	-	-15	-
Other Investing Activities	-38.83	0.15	35.13	-30.79
Investing Cash Flow	-98.2	-3.51	-104.96	-179.42
Long-Term Debt Issued	81.11	123.07	122.33	-
Total Debt Issued	81.11	123.07	122.33	-
Short-Term Debt Repaid	-49.02	-2.25	-	-
Long-Term Debt Repaid	-9.28	-31.83	-8.17	-15.35
Total Debt Repaid	-58.31	-34.08	-8.17	-15.35
Net Debt Issued (Repaid)	22.81	89	114.17	-15.35
Other Financing Activities	-4.53	-3.4	-1.9	-2.43
Financing Cash Flow	18.28	85.6	112.26	-17.78
Foreign Exchange Rate Adjustments	0.01	0.29	1.59	-6.62
Net Cash Flow	-84	139.78	-47.99	-403.29
Free Cash Flow	-30.24	38.35	-182.01	-348.14
Free Cash Flow Margin	-11.71%	44.00%	-325.50%	-420.04%
Free Cash Flow Per Share	-0.01	0.01	-0.04	-0.08
Cash Interest Paid	4.53	3.4	1.9	2.43
Levered Free Cash Flow	-151.36	-77.63	-245.86	-331.03
Unlevered Free Cash Flow	-144.76	-71.65	-241.37	-329.53
Change in Working Capital	34.85	181.71	82	29.04

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