CF PharmTech 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	21.09	31.73	-49.4	-131.73
Depreciation & Amortization	58.85	52.96	38.2	27.9
Other Amortization	1.34	1.2	0.69	1.9
Loss (Gain) From Sale of Assets	0.63	0.39	0.81	0.01
Asset Writedown & Restructuring Costs	-	-	-	-0.3
Loss (Gain) From Sale of Investments	-7.05	-8.68	-7.99	-13.35
Loss (Gain) on Equity Investments	0.07	0.1	-	-
Stock-Based Compensation	7.82	16.68	15.92	14.24
Provision & Write-off of Bad Debts	-	-	-	0.06
Other Operating Activities	1.82	-8.22	-27.41	-4.86
Change in Accounts Receivable	-25.55	6.39	-8.26	-3.38
Change in Inventory	-12.97	-10.66	-8.51	-15.99
Change in Accounts Payable	7.43	0.18	-5.97	31.27
Change in Unearned Revenue	-3.52	18.59	-0.42	-
Change in Other Net Operating Assets	46.5	15.64	97.81	-
Operating Cash Flow	96.46	116.29	45.47	-156.69
Operating Cash Flow Growth	-17.05%	155.77%	-	-
Capital Expenditures	-167.66	-114.64	-91.19	-91.25
Sale (Purchase) of Intangibles	-32.99	-23.7	-15.74	-
Investment in Securities	65	14.76	-34	375.92
Other Investing Activities	22.21	-4.08	-10.5	16.4
Investing Cash Flow	-113.44	-127.65	-151.42	301.06
Long-Term Debt Issued	54.8	20	-	-
Long-Term Debt Repaid	-5.78	-3.55	-4.01	-
Net Debt Issued (Repaid)	49.02	16.45	-4.01	-
Other Financing Activities	-20.33	-8.58	-1.4	-4.5
Financing Cash Flow	28.69	7.88	-5.41	-4.5
Foreign Exchange Rate Adjustments	-0.39	-0.74	2.92	-1.75
Net Cash Flow	11.33	-4.23	-108.45	138.11
Free Cash Flow	-71.2	1.65	-45.72	-247.95
Free Cash Flow Margin	-11.72%	0.30%	-13.10%	-590.55%
Free Cash Flow Per Share	-0.19	0.00	-0.12	-
Cash Interest Paid	1.52	-	-	-
Cash Income Tax Paid	-	-	-	-15.79
Levered Free Cash Flow	-95.58	45.97	-135.42	-207.07
Unlevered Free Cash Flow	-94.47	46.07	-135.32	-206.98
Change in Working Capital	11.89	30.14	74.65	-50.57

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