Chongqing Zhixin Industrial Co., Ltd (SHA:603352)

SHA:603352 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Net Income	233.08	203.96	131.85	70.69
Depreciation & Amortization	163.82	198.56	177.12	140.4
Other Amortization	212.24	104.03	134.8	100.84
Loss (Gain) From Sale of Assets	1.23	-0.16	3.54	-1.42
Asset Writedown & Restructuring Costs	9.8	0.87	0.56	0.46
Loss (Gain) From Sale of Investments	-1.2	-0.93	0.33	0.77
Provision & Write-off of Bad Debts	36.23	25.14	5.77	14.91
Other Operating Activities	117.76	119.83	91.76	86.48
Change in Accounts Receivable	-674.62	-263.81	-108.53	-357.59
Change in Inventory	-261.91	-74.28	-138.46	-112.11
Change in Accounts Payable	469.67	125	82.72	277.69
Change in Other Net Operating Assets	-5.33	-2.05	6.88	0.06
Operating Cash Flow	288.86	419.35	390.91	216.73
Operating Cash Flow Growth	-	7.27%	80.37%	-
Capital Expenditures	-982.7	-456.82	-420.87	-554.89
Sale of Property, Plant & Equipment	18.98	10.31	1.5	6.74
Investment in Securities	3.02	0.54	0.01	0.29
Other Investing Activities	-0.02	-	0	-
Investing Cash Flow	-960.72	-445.96	-419.36	-547.86
Long-Term Debt Issued	-	794.35	758.85	722.07
Long-Term Debt Repaid	-	-673.97	-542.95	-489.3
Net Debt Issued (Repaid)	960.66	120.38	215.9	232.78
Issuance of Common Stock	-	-	24.64	62.65
Common Dividends Paid	-28.44	-29.13	-24.71	-18.51
Other Financing Activities	-119.05	-119.05	-138.12	68.99
Financing Cash Flow	813.18	-27.8	77.71	345.91
Net Cash Flow	141.34	-54.41	49.26	14.79
Free Cash Flow	-693.84	-37.47	-29.96	-338.15
Free Cash Flow Margin	-18.82%	-1.21%	-1.17%	-16.17%
Free Cash Flow Per Share	-4.08	-0.22	-0.18	-2.20
Cash Income Tax Paid	149.8	115.32	99.59	-2.3
Levered Free Cash Flow	-	-210.64	-247.27	-
Unlevered Free Cash Flow	-	-180.84	-210.96	-
Change in Working Capital	-488.73	-231.94	-154.82	-196.41

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