SHA:600905 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	6,111	7,174	7,114	6,442
Depreciation & Amortization	11,981	9,995	8,189	5,384
Other Amortization	64.5	21.11	27.3	19.17
Loss (Gain) on Sale of Assets	3.55	-46.94	-10.85	1.42
Loss (Gain) on Sale of Investments	-306.06	-724.48	-1,397	-1,841
Asset Writedown	304.68	-44.33	606.9	5.64
Change in Accounts Receivable	-7,703	-10,570	-7,145	-5,871
Change in Inventory	-116.23	-130.74	-91.24	-51.74
Change in Accounts Payable	2,204	3,214	3,997	1,155
Other Operating Activities	5,695	5,058	5,349	3,356
Operating Cash Flow	18,897	14,428	16,809	8,831
Operating Cash Flow Growth	30.98%	-14.16%	90.34%	-1.62%
Capital Expenditures	-30,874	-41,120	-27,733	-29,910
Sale of Property, Plant & Equipment	8.75	504.27	15.76	2.89
Cash Acquisitions	-816.83	-220.9	-1,305	-2,251
Divestitures	104.59	43.31	1.44	-
Investment in Securities	-589.42	-611.39	-1,007	-2,630
Other Investing Activities	498.85	392.49	200.99	-113.07
Investing Cash Flow	-31,668	-41,012	-29,826	-34,901
Long-Term Debt Issued	54,731	75,229	56,208	56,796
Short-Term Debt Repaid	-	-15.99	-	-468.18
Long-Term Debt Repaid	-31,213	-45,470	-42,863	-39,334
Total Debt Repaid	-31,213	-45,486	-42,863	-39,802
Net Debt Issued (Repaid)	23,518	29,743	13,346	16,994
Issuance of Common Stock	-	15.22	264.67	22,518
Common Dividends Paid	-6,576	-6,224	-4,818	-4,430
Other Financing Activities	-3,813	-2,562	1,587	2,159
Financing Cash Flow	13,129	20,972	10,380	37,241
Foreign Exchange Rate Adjustments	-1.16	5.2	4.6	3.8
Net Cash Flow	357.46	-5,606	-2,634	11,174
Free Cash Flow	-11,976	-26,691	-10,924	-21,079
Free Cash Flow Margin	-40.30%	-100.72%	-45.88%	-128.40%
Free Cash Flow Per Share	-0.42	-0.93	-0.38	-0.87
Cash Income Tax Paid	1,645	1,489	352.5	981.55
Levered Free Cash Flow	-16,072	-33,267	-22,458	-12,851
Unlevered Free Cash Flow	-13,387	-30,749	-19,911	-11,076
Change in Working Capital	-5,735	-7,617	-3,297	-4,799

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