SHA:600420 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	1,084	691.88	627.79	568.28
Depreciation & Amortization	766.23	818.89	842.49	820.27
Other Amortization	12.07	6.36	6.06	10.48
Loss (Gain) From Sale of Assets	31.31	31.85	1.1	-0.2
Asset Writedown & Restructuring Costs	28.26	13.13	3.43	135.66
Loss (Gain) From Sale of Investments	-64.11	-27.45	-2.34	24.04
Provision & Write-off of Bad Debts	-2.36	-18.05	-17.59	24.87
Other Operating Activities	427.46	399.15	393.7	405.67
Change in Accounts Receivable	732.85	485.43	463.12	-921.35
Change in Inventory	60.54	163.27	625.24	195.31
Change in Accounts Payable	-918.52	-832.62	-30.39	444.18
Operating Cash Flow	2,256	1,720	2,856	1,680
Operating Cash Flow Growth	31.13%	-39.76%	70.01%	7.66%
Capital Expenditures	-219.77	-357.19	-307.44	-521.44
Sale of Property, Plant & Equipment	21.95	10.96	5	3.72
Investment in Securities	3	2.01	-	1.14
Other Investing Activities	-661.4	-1,019	-	8.31
Investing Cash Flow	-856.23	-1,363	-302.44	-508.28
Long-Term Debt Issued	50	45	2,346	3,685
Total Debt Issued	50	45	2,346	3,685
Long-Term Debt Repaid	-61.44	-774.23	-3,203	-3,402
Total Debt Repaid	-61.44	-774.23	-3,203	-3,402
Net Debt Issued (Repaid)	-11.44	-729.23	-856.83	282.87
Issuance of Common Stock	-	-	1,188	-
Common Dividends Paid	-300.68	-189.35	-184.7	-212.46
Other Financing Activities	-103.3	-174.8	-581.78	-732.81
Financing Cash Flow	-415.42	-1,093	-435.32	-662.41
Foreign Exchange Rate Adjustments	29.63	32.07	94.24	-40.08
Net Cash Flow	1,014	-703.83	2,212	468.9
Free Cash Flow	2,036	1,363	2,548	1,158
Free Cash Flow Growth	49.37%	-46.50%	120.01%	-2.03%
Free Cash Flow Margin	18.62%	11.29%	19.66%	8.31%
Free Cash Flow Per Share	1.52	1.07	2.20	0.98
Cash Income Tax Paid	693.04	751.63	617.65	696.29
Levered Free Cash Flow	1,668	1,796	1,634	621.88
Unlevered Free Cash Flow	1,691	1,832	1,701	690.92
Change in Working Capital	-26.52	-195.37	1,001	-309.41

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