SICC Co., Ltd. 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	179.03	-45.72	-175.23	89.95
Depreciation & Amortization	343.95	223.35	145.77	132.48
Other Amortization	14.48	3.41	0.34	-
Loss (Gain) From Sale of Assets	-0.45	0.35	-	-0.12
Asset Writedown & Restructuring Costs	0.04	0	-	0
Loss (Gain) From Sale of Investments	1.37	-23.12	-36.23	0.46
Provision & Write-off of Bad Debts	11.2	8.99	4.22	-0.25
Other Operating Activities	4.04	18.81	5.37	8.07
Change in Accounts Receivable	-1,035	1,054	-36.74	4.81
Change in Inventory	-186.44	-325.74	-156.66	-228.45
Change in Accounts Payable	755.83	-907.1	191.13	129.47
Operating Cash Flow	65.93	12.99	-58.8	110.7
Operating Cash Flow Growth	407.49%	-	-	-
Capital Expenditures	-581.16	-1,409	-1,034	-336.37
Sale of Property, Plant & Equipment	2.1	0.15	-	0.19
Investment in Securities	275.78	1,535	-1,744	-2
Other Investing Activities	10.64	-2.45	-2.29	-1.05
Investing Cash Flow	-292.64	123.47	-2,780	-339.24
Short-Term Debt Issued	-	3.15	-	-
Long-Term Debt Issued	700	-	-	-
Total Debt Issued	700	3.15	-	-
Short-Term Debt Repaid	-3.15	-	-	-
Long-Term Debt Repaid	-18.14	-7.55	-4.61	-1.01
Total Debt Repaid	-21.29	-7.55	-4.61	-1.01
Net Debt Issued (Repaid)	678.71	-4.41	-4.61	-1.01
Issuance of Common Stock	-	-	3,239	-
Repurchase of Common Stock	-100.24	-	-	-
Common Dividends Paid	-7.4	-	-	-
Other Financing Activities	-	-1.58	-55.16	-
Financing Cash Flow	571.06	-5.98	3,179	-1.01
Foreign Exchange Rate Adjustments	-0.5	-1.38	0.28	-0.73
Net Cash Flow	343.86	129.1	339.91	-230.28
Free Cash Flow	-515.23	-1,396	-1,093	-225.67
Free Cash Flow Margin	-29.14%	-111.64%	-262.05%	-45.70%
Free Cash Flow Per Share	-1.21	-3.36	-2.55	-0.58
Cash Income Tax Paid	-4.88	-3.11	5.64	3.05
Levered Free Cash Flow	-924.1	-942.02	-1,074	-436.08
Unlevered Free Cash Flow	-918.89	-941.89	-1,074	-436.07
Change in Working Capital	-487.72	-173.07	-3.05	-119.89

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