Glory Health Industry 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	-1,240	-563.97	-912.78	228.33
Depreciation & Amortization	80.87	83.49	96.27	92.67
Other Amortization	8.78	11.79	26.76	132.57
Loss (Gain) From Sale of Assets	17.72	-146.12	-2.45	-332.01
Asset Writedown & Restructuring Costs	498.94	-263.5	-20.06	-115.7
Loss (Gain) on Equity Investments	69.93	72.56	-42.03	-166.39
Provision & Write-off of Bad Debts	59.64	59.26	88.08	112.23
Other Operating Activities	1,129	418.7	942.62	682.24
Change in Accounts Receivable	-1,369	-488.38	512.95	142.79
Change in Inventory	1,765	2,622	2,860	6,410
Change in Accounts Payable	159.99	729.34	-177.13	1,431
Change in Unearned Revenue	-499.52	-2,018	-2,771	-4,418
Change in Other Net Operating Assets	-1.61	-3.7	5.51	145.45
Operating Cash Flow	679.53	512.92	606.31	4,345
Operating Cash Flow Growth	32.48%	-15.40%	-86.05%	-12.01%
Capital Expenditures	-1.28	-60.81	-192.85	-279.54
Sale of Property, Plant & Equipment	0.33	-	11.86	1.04
Divestitures	-	195.88	-36.78	307.1
Sale (Purchase) of Real Estate	-	-	-70.94	68.65
Other Investing Activities	147.67	-76.12	-16.7	86.9
Investing Cash Flow	146.72	58.96	-305.41	184.15
Short-Term Debt Issued	133.78	26.98	188.6	-
Long-Term Debt Issued	126.6	35	280.59	2,252
Total Debt Issued	260.38	61.98	469.19	2,252
Short-Term Debt Repaid	-	-	-	-2,410
Long-Term Debt Repaid	-163.47	-213.94	-691.52	-4,273
Total Debt Repaid	-163.47	-213.94	-691.52	-6,683
Net Debt Issued (Repaid)	96.91	-151.96	-222.33	-4,432
Other Financing Activities	-927.41	-475.44	-408.58	-1,223
Financing Cash Flow	-830.5	-627.4	-630.91	-5,654
Net Cash Flow	-4.25	-55.52	-330.01	-1,125
Free Cash Flow	678.26	452.11	413.47	4,066
Free Cash Flow Growth	50.02%	9.35%	-89.83%	-12.86%
Free Cash Flow Margin	25.07%	18.04%	10.59%	41.08%
Free Cash Flow Per Share	0.15	0.10	0.09	0.92
Cash Interest Paid	927.41	475.44	408.58	1,223
Cash Income Tax Paid	-305.16	-29.37	-143.61	304.31
Levered Free Cash Flow	-1,327	-213.93	91.71	1,318
Unlevered Free Cash Flow	-700.17	100.23	373.95	1,784
Change in Working Capital	55	840.71	429.91	3,711

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