SHA:688005 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	295.91	580.91	1,353	911.04
Depreciation & Amortization	615.26	441.28	319.3	180.05
Other Amortization	44.16	29.14	16.6	8.06
Loss (Gain) From Sale of Assets	0.32	0.22	0.1	1.71
Asset Writedown & Restructuring Costs	25.29	3.61	28.3	7.79
Loss (Gain) From Sale of Investments	-24.92	61.95	5.08	-40.51
Provision & Write-off of Bad Debts	10.68	5.84	17.34	-72.87
Other Operating Activities	280.36	441.35	144.57	9.42
Change in Accounts Receivable	-627.74	1,810	-5,314	-4,605
Change in Inventory	-766.33	1,428	-1,747	-1,115
Change in Accounts Payable	769.12	-2,920	4,878	4,428
Change in Other Net Operating Assets	-6.05	-38.93	71.38	85.62
Operating Cash Flow	523.4	1,795	-240.98	-191.85
Operating Cash Flow Growth	-70.85%	-	-	-
Capital Expenditures	-1,776	-1,637	-3,091	-1,904
Sale of Property, Plant & Equipment	0.15	0.39	2.64	1.23
Cash Acquisitions	-0.01	-	-20.86	-
Investment in Securities	-558.66	-60.86	35.5	143.13
Other Investing Activities	20.79	5.69	4.04	6.2
Investing Cash Flow	-2,307	-1,692	-3,062	-1,755
Long-Term Debt Issued	3,400	3,909	5,405	1,379
Long-Term Debt Repaid	-2,556	-3,441	-1,643	-167
Net Debt Issued (Repaid)	843.59	468.6	3,762	1,212
Issuance of Common Stock	-	1,401	111.44	134.01
Repurchase of Common Stock	-191.43	-109.97	-	-
Common Dividends Paid	-320.32	-295.84	-191.36	-49.2
Other Financing Activities	-896.04	-74.33	795.75	599.61
Financing Cash Flow	-564.2	1,389	4,477	1,897
Foreign Exchange Rate Adjustments	-81.41	-6.57	17.4	-11.68
Net Cash Flow	-2,430	1,487	1,191	-62.4
Free Cash Flow	-1,252	158.47	-3,332	-2,096
Free Cash Flow Margin	-8.30%	0.70%	-11.06%	-20.43%
Free Cash Flow Per Share	-1.78	0.23	-4.91	-3.10
Cash Income Tax Paid	272.63	370.61	457.06	64.54
Levered Free Cash Flow	-2,081	-1,182	-3,275	1,183
Unlevered Free Cash Flow	-1,967	-1,089	-3,221	1,189
Change in Working Capital	-723.65	231.07	-2,125	-1,197

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