Xiamen Tungsten 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	1,728	1,602	1,446	1,179
Depreciation & Amortization	1,186	1,150	1,041	937.95
Other Amortization	30.55	24.9	19.54	19.8
Loss (Gain) From Sale of Assets	-6.14	-0.19	-0.64	-3.51
Asset Writedown & Restructuring Costs	333.15	384.82	109.05	30.03
Loss (Gain) From Sale of Investments	-231.9	-98.86	18.69	-90.54
Provision & Write-off of Bad Debts	-62.92	-61.56	114.28	118.63
Other Operating Activities	1,315	1,459	1,580	1,124
Change in Accounts Receivable	-919.36	893.02	-4,070	-3,241
Change in Inventory	-1,275	588.33	-1,007	-2,940
Change in Accounts Payable	942.17	-1,635	387.25	3,997
Change in Other Net Operating Assets	22.42	21	14.3	-7.21
Operating Cash Flow	3,099	4,286	-360.43	1,040
Operating Cash Flow Growth	-27.70%	-	-	-36.72%
Capital Expenditures	-2,114	-2,104	-1,733	-1,370
Sale of Property, Plant & Equipment	29.09	4.3	17.57	14.36
Divestitures	545.6	9.47	0.98	-
Investment in Securities	-1,841	-539.7	-730.5	-194.08
Other Investing Activities	53.93	43.99	73.13	23.63
Investing Cash Flow	-3,326	-2,586	-1,946	-1,527
Long-Term Debt Issued	4,713	7,337	13,251	9,831
Total Debt Issued	4,713	7,337	13,251	9,831
Long-Term Debt Repaid	-4,719	-8,990	-10,117	-10,773
Total Debt Repaid	-4,719	-8,990	-10,117	-10,773
Net Debt Issued (Repaid)	-5.67	-1,653	3,134	-941.91
Issuance of Common Stock	3,518	-	-	-
Repurchase of Common Stock	-36.93	-0.79	-	-0.42
Common Dividends Paid	-917.68	-947.41	-747.89	-640.69
Other Financing Activities	74.47	1,561	500.91	2,470
Financing Cash Flow	2,632	-1,040	2,887	886.8
Foreign Exchange Rate Adjustments	17.65	20.97	37.67	12.02
Net Cash Flow	2,422	680.5	618.84	412.69
Free Cash Flow	984.23	2,182	-2,093	-330.04
Free Cash Flow Growth	-54.89%	-	-	-
Free Cash Flow Margin	2.80%	5.54%	-4.34%	-1.04%
Free Cash Flow Per Share	0.69	1.55	-1.49	-0.23
Cash Income Tax Paid	1,192	1,312	760.9	799.62
Levered Free Cash Flow	1,841	-492.04	1,463	-6,386
Unlevered Free Cash Flow	2,053	-205.98	1,808	-6,086
Change in Working Capital	-1,193	-174.54	-4,688	-2,275

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