WellCell Holdings 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	20.14	20.4	24.26	25.52
Depreciation & Amortization	2.27	1.3	1.78	1.57
Other Amortization	0.81	0.85	1.28	0.7
Loss (Gain) From Sale of Assets	-	-	-0.02	0.02
Asset Writedown & Restructuring Costs	0	-	-	-
Loss (Gain) From Sale of Investments	-2.6	-	-	-
Provision & Write-off of Bad Debts	4.4	0.39	3.33	0.17
Other Operating Activities	1.09	0.37	1.82	-3.07
Change in Accounts Receivable	-31.97	-29.86	-2.37	-18.69
Change in Accounts Payable	-0.95	1.76	-11.98	9.94
Change in Unearned Revenue	11.29	21.37	-	-
Change in Other Net Operating Assets	-20.43	-10.71	-1.14	8.84
Operating Cash Flow	-15.95	5.86	16.96	25.02
Operating Cash Flow Growth	-	-65.44%	-32.20%	89.08%
Capital Expenditures	-12.22	-0.07	-1.24	-2.02
Sale of Property, Plant & Equipment	-	-	-	0.02
Sale (Purchase) of Intangibles	-10.43	-	-0.05	-1.83
Other Investing Activities	1.92	0.21	0.09	0.05
Investing Cash Flow	-20.73	0.13	-1.2	-3.79
Short-Term Debt Issued	1	1.67	1.66	2.79
Long-Term Debt Issued	41.78	20	30	6
Total Debt Issued	42.78	21.67	31.66	8.79
Short-Term Debt Repaid	-0.78	-2.71	-3.77	-0.08
Long-Term Debt Repaid	-28.96	-22.13	-8.08	-4.77
Total Debt Repaid	-29.74	-24.84	-11.85	-4.85
Net Debt Issued (Repaid)	13.03	-3.17	19.81	3.94
Issuance of Common Stock	113.73	-	-	-
Common Dividends Paid	-	-15.99	-14.6	-19.95
Other Financing Activities	-8.86	-5.22	-0.31	-6.81
Financing Cash Flow	117.9	-24.38	4.89	-22.82
Foreign Exchange Rate Adjustments	-0.05	-	-	-
Net Cash Flow	81.17	-18.39	20.66	-1.59
Free Cash Flow	-28.17	5.79	15.72	23
Free Cash Flow Growth	-	-63.18%	-31.62%	80.19%
Free Cash Flow Margin	-10.13%	2.26%	6.94%	11.31%
Free Cash Flow Per Share	-0.03	0.01	0.02	-
Cash Interest Paid	0.88	1.08	0.9	0.38
Cash Income Tax Paid	0.16	3.19	4	8.02
Levered Free Cash Flow	92.73	100.97	91.25	65.86
Unlevered Free Cash Flow	93.28	101.64	91.81	66.1
Change in Working Capital	-42.06	-17.45	-15.49	0.09

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