SHA:603402 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
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
Net Income	612.45	418.27	-74.42	36.35	24.78
Depreciation & Amortization	64.64	69.37	70.39	69.64	66.94
Other Amortization	11.16	10.27	9.52	3.49	3.21
Loss (Gain) From Sale of Assets	-0.4	-0.04	-	-0.24	0.27
Asset Writedown & Restructuring Costs	2.44	7.37	0	0.11	1.37
Provision & Write-off of Bad Debts	-	-1.28	1.53	-2.89	2.71
Other Operating Activities	3.18	105.58	-27.25	22.23	8.82
Change in Accounts Receivable	-58.88	-67.42	9.94	-18.97	-5.51
Change in Inventory	1.51	6.34	-1.09	4.73	-15.3
Change in Accounts Payable	24.13	81.32	27.53	-5.09	10.84
Change in Other Net Operating Assets	-0.32	0.79	0.24	-9	2.41
Operating Cash Flow	654.68	627.56	12.82	98.22	98.33
Operating Cash Flow Growth	4.32%	4793.42%	-86.94%	-0.11%	-67.55%
Capital Expenditures	-115.47	-120.28	-49	-99.06	-36.4
Sale of Property, Plant & Equipment	0.77	0.06	-	0.03	0.23
Investment in Securities	-	-	-	-	-34.88
Investing Cash Flow	-114.7	-120.22	-49	-99.04	-71.06
Long-Term Debt Issued	31	158	125.68	60.88	56.7
Long-Term Debt Repaid	-76.28	-101.34	-69.23	-10.55	-106
Net Debt Issued (Repaid)	-45.28	56.66	56.45	50.33	-49.3
Common Dividends Paid	-8	-224.42	-4.67	-15.25	-80.12
Dividends Paid	-8	-224.42	-4.67	-15.25	-80.12
Other Financing Activities	-39.83	-32.3	-	-7.26	-
Financing Cash Flow	-93.1	-200.06	51.77	27.82	-129.42
Foreign Exchange Rate Adjustments	-	-	-	-	-0.02
Net Cash Flow	446.88	307.27	15.6	27.01	-102.17
Free Cash Flow	539.21	507.27	-36.18	-0.84	61.93
Free Cash Flow Growth	6.30%	-	-	-	-73.39%
Free Cash Flow Margin	43.32%	47.35%	-16.16%	-0.23%	20.43%
Free Cash Flow Per Share	9.29	8.74	-0.62	-0.01	1.07
Cash Income Tax Paid	168.63	122.34	5.08	39.85	8.73
Levered Free Cash Flow	510.31	425.82	-12.22	63.44	35.13
Unlevered Free Cash Flow	510.31	428.06	-10.37	65.36	38.03
Change in Working Capital	-38.78	18.01	33.04	-30.48	-9.79

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