China Galaxy Securities 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	FY 2020	2015 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	10,031	7,879	7,768	10,430	7,244	Upgrade
Depreciation & Amortization, Total	892.71	882.45	806.18	658.09	661.27	Upgrade
Gain (Loss) On Sale of Investments	-6,093	-2,907	4,900	-1,570	29.85	Upgrade
Change in Accounts Receivable	3,644	-2,210	-999.79	-40,555	-56,044	Upgrade
Change in Accounts Payable	30,505	6,472	10,742	87,771	83,552	Upgrade
Change in Other Net Operating Assets	-39,421	-3,571	53,944	-	-	Upgrade
Other Operating Activities	3,520	-4,470	-6,561	-359.08	1,587	Upgrade
Operating Cash Flow	-6,468	-30,193	28,826	57,085	37,704	Upgrade
Capital Expenditures	-770.64	-695.16	-1,157	-599.07	-423.29	Upgrade
Cash Acquisitions	-	-1,217	-	-301.82	-	Upgrade
Investment in Securities	-8,585	8,241	-29,364	-34,764	-49,050	Upgrade
Other Investing Activities	5,287	6,271	5,710	4,263	1,959	Upgrade
Investing Cash Flow	-4,055	12,624	-24,811	-31,400	-47,491	Upgrade
Short-Term Debt Issued	-	-	-	75,364	124,627	Upgrade
Long-Term Debt Issued	93,722	89,564	105,806	46,299	34,641	Upgrade
Total Debt Issued	93,722	89,564	105,806	121,663	159,268	Upgrade
Long-Term Debt Repaid	-76,642	-79,904	-95,310	-121,440	-124,791	Upgrade
Total Debt Repaid	-76,642	-79,904	-95,310	-121,440	-124,791	Upgrade
Net Debt Issued (Repaid)	17,080	9,661	10,497	223.21	34,477	Upgrade
Issuance of Common Stock	-	14,942	-	9,924	4,962	Upgrade
Common Dividends Paid	-4,276	-3,070	-3,771	-7,013	-6,225	Upgrade
Other Financing Activities	-4,483	-4,502	-4,268	-259.92	71.82	Upgrade
Financing Cash Flow	8,321	17,031	2,458	2,874	33,286	Upgrade
Foreign Exchange Rate Adjustments	136.85	94.49	665.02	-171.22	-288.32	Upgrade
Net Cash Flow	-2,064	-444.13	7,138	28,388	23,210	Upgrade
Free Cash Flow	-7,238	-30,888	27,668	56,486	37,281	Upgrade
Free Cash Flow Growth	-	-	-51.02%	51.52%	47.64%	Upgrade
Free Cash Flow Margin	-19.80%	-89.28%	80.02%	157.38%	157.90%	Upgrade
Free Cash Flow Per Share	-0.66	-2.83	2.58	5.57	3.68	Upgrade
Cash Interest Paid	9,553	10,271	8,936	6,057	3,685	Upgrade
Cash Income Tax Paid	519.84	218.85	1,030	3,513	2,488	Upgrade

Updated Jan 23, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.