Jiangsu Lopal Tech. Group 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	-799	-1,233	752.92	350.84
Depreciation & Amortization	630.73	443.94	256	108.14
Other Amortization	64.26	100.21	67.15	5.67
Loss (Gain) From Sale of Assets	12.47	0.63	-13.8	0.54
Asset Writedown & Restructuring Costs	313.51	172.24	28.88	1.55
Loss (Gain) From Sale of Investments	4.05	-34.32	-33.2	-8.01
Provision & Write-off of Bad Debts	-	4.32	68.5	18.58
Other Operating Activities	226.19	524.63	501.46	138.98
Change in Accounts Receivable	483.38	520.85	-2,741	-443.25
Change in Inventory	46.88	842.49	-2,463	-591.57
Change in Accounts Payable	-210.5	-131.11	366.28	20.13
Change in Other Net Operating Assets	1.79	4.73	4.41	0.26
Operating Cash Flow	819.46	885.63	-3,249	-408.57
Operating Cash Flow Growth	-7.47%	-	-	-
Capital Expenditures	-599.33	-2,165	-1,180	-512.71
Sale of Property, Plant & Equipment	1.92	21.2	64.43	3.62
Cash Acquisitions	-	-	57.65	-819.91
Investment in Securities	18.31	-47.51	-70	-33.58
Other Investing Activities	-441.86	50.83	-17.59	37.12
Investing Cash Flow	-1,021	-2,141	-1,146	-1,325
Long-Term Debt Issued	6,015	9,430	5,543	2,095
Long-Term Debt Repaid	-6,958	-6,473	-2,351	-638.63
Net Debt Issued (Repaid)	-943.27	2,957	3,192	1,456
Issuance of Common Stock	484.03	-	2,176	-
Repurchase of Common Stock	-	-38.27	-12	-0.09
Common Dividends Paid	-243.26	-357.35	-234.93	-131.95
Other Financing Activities	452.43	110.49	-31.07	349.35
Financing Cash Flow	-250.07	2,671	5,090	1,674
Foreign Exchange Rate Adjustments	0.42	12.96	1.05	-0.14
Net Cash Flow	-451.14	1,429	696.24	-60.4
Free Cash Flow	220.14	-1,280	-4,429	-921.29
Free Cash Flow Margin	2.87%	-14.66%	-31.48%	-22.73%
Free Cash Flow Per Share	0.38	-2.26	-8.35	-1.92
Cash Income Tax Paid	134.9	151.06	284.5	136.29
Levered Free Cash Flow	80.14	-255.32	-2,978	-1,249
Unlevered Free Cash Flow	80.14	-99.58	-2,884	-1,219
Change in Working Capital	367.24	907.3	-4,877	-1,025

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