Hua Medicine (Shanghai) 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	FY 2020	2016 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2019
Net Income	-250.14	-211.23	-203.51	-325.73	-393.13	Upgrade
Depreciation & Amortization	33.96	35.67	31.3	30.84	18.13	Upgrade
Other Amortization	0.62	0.57	0.48	0.75	0.32	Upgrade
Loss (Gain) From Sale of Assets	-	-0.04	-	0.08	-	Upgrade
Stock-Based Compensation	11.84	23.91	21.28	32.7	58.94	Upgrade
Other Operating Activities	-106.25	-90.5	-52.53	7.56	22.49	Upgrade
Change in Accounts Receivable	-23.88	372.75	-413.24	-13.62	-	Upgrade
Change in Inventory	-82.04	-42.72	-1.9	-	-	Upgrade
Change in Accounts Payable	2.88	38.27	-0.01	-2.51	-19.91	Upgrade
Change in Unearned Revenue	-	756.99	366.53	-	288.82	Upgrade
Change in Other Net Operating Assets	-4.96	5.7	21.48	-3.03	3.43	Upgrade
Operating Cash Flow	-417.97	889.37	-230.11	-272.98	-20.91	Upgrade
Capital Expenditures	-2.83	-9.74	-4.56	-20.2	-24.37	Upgrade
Sale of Property, Plant & Equipment	-	0.07	-	0.07	-	Upgrade
Cash Acquisitions	-	-	-0.71	-	-	Upgrade
Sale (Purchase) of Intangibles	-1.03	-0.1	-22.91	-6.39	-1.33	Upgrade
Other Investing Activities	13.9	17.85	23.42	-41.71	11.61	Upgrade
Investing Cash Flow	10.04	8.08	-4.75	-68.22	-14.09	Upgrade
Long-Term Debt Issued	133.15	200	28.92	-	-	Upgrade
Long-Term Debt Repaid	-44.26	-135.74	-18.36	-16.48	-14.89	Upgrade
Total Debt Repaid	-44.26	-135.74	-18.36	-16.48	-14.89	Upgrade
Net Debt Issued (Repaid)	88.89	64.26	10.56	-16.48	-14.89	Upgrade
Issuance of Common Stock	1.61	9.89	11	10.35	7.63	Upgrade
Other Financing Activities	-6.78	-5.08	-0.09	-	-	Upgrade
Financing Cash Flow	83.72	69.07	21.48	-6.13	-7.26	Upgrade
Foreign Exchange Rate Adjustments	3.13	3.68	28.78	-9.52	-31.26	Upgrade
Net Cash Flow	-321.07	970.19	-184.61	-356.85	-73.51	Upgrade
Free Cash Flow	-420.8	879.63	-234.67	-293.18	-45.27	Upgrade
Free Cash Flow Margin	-164.44%	1148.19%	-1333.44%	-	-522.55%	Upgrade
Free Cash Flow Per Share	-0.43	0.90	-0.24	-0.31	-0.05	Upgrade
Cash Interest Paid	6.78	5.08	0.09	-	-	Upgrade
Levered Free Cash Flow	-268.93	249.64	-524.53	-183.45	-171.35	Upgrade
Unlevered Free Cash Flow	-263.55	254.58	-522.24	-180.98	-168.6	Upgrade
Change in Net Working Capital	80.92	-415.56	380.88	17.63	0.06	Upgrade

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