Haitong Securities Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2015 - 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2015 - 2019
Net Income	-4,013	1,008	6,545	12,827	10,875	9,523	Upgrade
Depreciation & Amortization, Total	1,495	1,495	1,398	1,384	1,185	1,035	Upgrade
Gain (Loss) On Sale of Investments	4,929	4,929	1,436	157.56	-1,476	-1,597	Upgrade
Stock-Based Compensation	5.3	5.3	23.91	109.07	41.46	-	Upgrade
Change in Accounts Receivable	-350.42	-350.42	-1,324	-5,819	1,962	-3,883	Upgrade
Change in Accounts Payable	-9,867	-9,867	-15,619	20,873	23,316	40,931	Upgrade
Change in Other Net Operating Assets	24,392	24,392	13,138	8,781	-61,170	-	Upgrade
Other Operating Activities	80,665	7,394	3,370	8,613	10,263	9,938	Upgrade
Operating Cash Flow	83,152	14,902	17,793	52,747	-6,251	22,658	Upgrade
Capital Expenditures	-961.98	-801.68	-4,657	-1,799	-8,094	-2,606	Upgrade
Cash Acquisitions	-	-	-	-	-1,681	-	Upgrade
Investment in Securities	2,347	-10,413	-12,833	-21,469	-7,447	1,612	Upgrade
Other Investing Activities	2,793	2,275	2,072	1,876	747.92	2,001	Upgrade
Investing Cash Flow	4,417	-8,803	-15,284	-20,937	-16,456	1,052	Upgrade
Long-Term Debt Issued	-	168,177	176,454	179,679	228,213	157,388	Upgrade
Long-Term Debt Repaid	-	-170,724	-155,694	-178,249	-214,776	-151,971	Upgrade
Net Debt Issued (Repaid)	-33,535	-2,547	20,760	1,430	13,437	5,417	Upgrade
Issuance of Common Stock	-	-	-	-	20,000	-	Upgrade
Repurchase of Common Stock	-414.34	-414.34	-15.23	-	-210.36	-	Upgrade
Common Dividends Paid	-1,288	-2,914	-4,179	-3,931	-4,057	-13,626	Upgrade
Other Financing Activities	-13,473	-10,665	-10,433	-8,661	-10,430	1,358	Upgrade
Financing Cash Flow	-48,710	-16,540	6,133	-11,162	18,740	-6,851	Upgrade
Foreign Exchange Rate Adjustments	522.42	452.77	1,182	-250.99	227.87	426.22	Upgrade
Net Cash Flow	39,382	-9,988	9,825	20,398	-3,740	17,285	Upgrade
Free Cash Flow	82,190	14,100	13,136	50,948	-14,345	20,052	Upgrade
Free Cash Flow Growth	-	7.34%	-74.22%	-	-	-	Upgrade
Free Cash Flow Margin	661.83%	62.20%	51.53%	121.49%	-38.95%	61.71%	Upgrade
Free Cash Flow Per Share	6.31	1.08	1.00	3.90	-1.19	1.74	Upgrade
Cash Interest Paid	16,675	15,465	13,150	11,858	13,330	5,509	Upgrade
Cash Income Tax Paid	667.97	2,364	6,494	3,635	3,502	4,404	Upgrade

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