SHA:603060 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	203.64	257.1	254.27	252.73
Depreciation & Amortization	206.26	199.57	176.96	143.85
Other Amortization	31.79	20.92	19.03	13.36
Loss (Gain) From Sale of Assets	-2.35	-1.72	-0.27	-0.55
Asset Writedown & Restructuring Costs	14.61	1.2	7.16	-1.68
Loss (Gain) From Sale of Investments	-0.89	-4.01	-4.86	-4.01
Provision & Write-off of Bad Debts	65.57	50	44.29	25.97
Other Operating Activities	124.23	145.55	123.93	114.44
Change in Accounts Receivable	-262.19	-262.32	-338.13	-181.27
Change in Inventory	-47.18	0.69	-14.96	86.8
Change in Accounts Payable	-56.64	-113.65	25.3	-71.71
Operating Cash Flow	268.96	285.72	276.32	388.28
Operating Cash Flow Growth	-5.87%	3.40%	-28.83%	13.51%
Capital Expenditures	-195.15	-408.4	-333.62	-379.68
Sale of Property, Plant & Equipment	0.28	0.18	0.23	1.21
Cash Acquisitions	-32.76	-56.1	-84.47	-341.95
Divestitures	2.65	-	-	0.14
Investment in Securities	-	-	-0.48	39.74
Other Investing Activities	1.41	2.66	-	3.77
Investing Cash Flow	-223.58	-461.65	-418.34	-676.78
Long-Term Debt Issued	2,554	1,249	1,061	501.98
Long-Term Debt Repaid	-2,209	-828.38	-751.03	-123.17
Net Debt Issued (Repaid)	344.79	421.02	309.65	378.81
Issuance of Common Stock	2.21	17.33	38.43	-
Common Dividends Paid	-130.4	-122.5	-102.21	-75.59
Other Financing Activities	-40.26	-73.49	-96.21	-14.3
Financing Cash Flow	176.34	242.36	149.66	288.92
Foreign Exchange Rate Adjustments	0.35	0.2	0.85	-0.2
Net Cash Flow	222.06	66.63	8.5	0.23
Free Cash Flow	73.81	-122.68	-57.3	8.6
Free Cash Flow Margin	2.82%	-4.61%	-2.36%	0.39%
Free Cash Flow Per Share	0.09	-0.15	-0.07	0.01
Cash Income Tax Paid	179.34	184.67	176.33	120.15
Levered Free Cash Flow	-26.47	-223.08	-262.03	-212.14
Unlevered Free Cash Flow	5.86	-194.46	-238.16	-201.23
Change in Working Capital	-373.91	-382.88	-344.19	-155.83

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