Dynamic Electronics 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	276.22	266.16	140.83	146.23
Depreciation & Amortization	288.12	271.54	207.05	169.19
Loss (Gain) From Sale of Assets	0.55	-1.45	12.16	-1.09
Asset Writedown & Restructuring Costs	2.96	4.58	6.22	-0.37
Loss (Gain) From Sale of Investments	1.37	7.48	10.27	-3.71
Provision & Write-off of Bad Debts	-3.46	-7.1	10.07	-0.01
Other Operating Activities	62.28	90.13	92.12	48.93
Change in Accounts Receivable	-218.91	-45.93	-1.87	-136.74
Change in Inventory	-199.26	108.69	9.56	-370.72
Change in Accounts Payable	374.23	106.19	15.09	255.99
Change in Other Net Operating Assets	0.9	0.18	-	-
Operating Cash Flow	605.8	818.49	505.65	106.45
Operating Cash Flow Growth	-25.99%	61.87%	375.02%	-71.00%
Capital Expenditures	-1,275	-704.84	-794.19	-403.1
Sale of Property, Plant & Equipment	6.17	20.51	15.52	2.65
Cash Acquisitions	-	-	-20.22	-
Investment in Securities	0.42	-	-	-
Other Investing Activities	-16.08	11.99	-16.12	17.66
Investing Cash Flow	-1,285	-672.34	-815.01	-382.78
Long-Term Debt Issued	2,347	1,562	2,028	1,626
Long-Term Debt Repaid	-1,656	-1,214	-1,853	-1,060
Net Debt Issued (Repaid)	690.18	348.09	174.78	565.71
Issuance of Common Stock	-	0	35	-
Common Dividends Paid	-106.3	-251.89	-49.61	-28.61
Other Financing Activities	-4.27	-3.2	-0.23	-
Financing Cash Flow	579.6	92.99	159.94	537.11
Foreign Exchange Rate Adjustments	55.58	29.96	22.12	-6.12
Net Cash Flow	-43.92	269.11	-127.3	254.65
Free Cash Flow	-669.61	113.65	-288.54	-296.65
Free Cash Flow Margin	-16.24%	3.11%	-8.21%	-7.84%
Free Cash Flow Per Share	-1.75	0.29	-0.41	-0.47
Cash Income Tax Paid	-173.41	-160.13	-262.37	-277.41
Levered Free Cash Flow	-355.51	-430.83	-74.17	-347.77
Unlevered Free Cash Flow	-291.06	-373.21	-41.2	-328.59
Change in Working Capital	-22.24	187.16	26.93	-252.71

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