Jupai Holdings Limited (JPPYY)

Jupai Holdings Cash Flow Statement

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

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	-23.67	19.91	-267.86	-31.37	-164.69
Depreciation & Amortization	0.57	9.14	11.11	16.34	26.1
Loss (Gain) From Sale of Assets	-0.1	-162.08	1.14	0.54	-12.56
Loss (Gain) From Sale of Investments	-	-	11.79	10	4.72
Loss (Gain) on Equity Investments	29.89	31.55	3.89	1.61	5.02
Stock-Based Compensation	-	-	0.64	3.59	9.58
Provision & Write-off of Bad Debts	5.84	28.92	9.4	11.15	61.28
Other Operating Activities	0	-3.81	-26.78	-5.26	-7.77
Change in Accounts Receivable	-2.28	0.08	-0.13	-0.01	32.45
Change in Unearned Revenue	-1.81	-10.05	-15.82	-51.29	-71.63
Change in Income Taxes	-1.43	1.08	-0.14	2.79	-144.74
Change in Other Net Operating Assets	-1.71	21.41	246.67	42.13	-47.2
Operating Cash Flow	5.29	-63.2	-26.11	0.54	-213.26
Capital Expenditures	-	-	-5.7	-2.14	-13.2
Sale of Property, Plant & Equipment	0.15	3.74	-	-	-
Cash Acquisitions	-	-	-	-	-0.2
Divestitures	-	-92.68	-	-	34
Investment in Securities	-	1.55	-29.16	5.71	-211.39
Other Investing Activities	-210	-	5	14	-178.87
Investing Cash Flow	-209.85	-87.39	-9.86	-32.43	-365.66
Issuance of Common Stock	-	-	-	-	0.03
Repurchase of Common Stock	-	-3.17	-4.46	-7.09	-
Financing Cash Flow	-	-3.17	-4.46	-7.09	0.03
Foreign Exchange Rate Adjustments	1.3	21.92	-4.71	-16.09	-11.37
Net Cash Flow	-203.25	-131.84	-45.14	-55.07	-590.26
Free Cash Flow	5.29	-63.2	-31.81	-1.61	-226.46
Free Cash Flow Margin	15.77%	-61.22%	-8.86%	-0.41%	-28.81%
Free Cash Flow Per Share	0.17	-1.98	-0.96	-0.05	-6.74
Cash Income Tax Paid	4.05	0.37	2.34	-2.29	101.5
Levered Free Cash Flow	-7.85	-372.92	281.42	-88.29	-171.29
Unlevered Free Cash Flow	-7.85	-372.92	281.42	-88.29	-171.29
Change in Working Capital	-7.23	13.17	230.56	-6.07	-134.94

Updated Jun 28, 2022. Source: S&P Global Market Intelligence. Standard template. Financial Sources.