SHA:688016 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	502.1	492.43	356.88	315.86
Depreciation & Amortization	46.35	35.27	33.17	23.71
Other Amortization	14.31	10.95	10.83	2.86
Loss (Gain) From Sale of Assets	0.66	0.1	0.23	0.06
Asset Writedown & Restructuring Costs	4.69	6.35	2.23	2.62
Loss (Gain) From Sale of Investments	-87.41	-9.15	-4.1	-15.01
Provision & Write-off of Bad Debts	3.25	1.34	2.63	1.28
Other Operating Activities	-9.47	-0.79	-2.4	-6.77
Change in Accounts Receivable	-157.78	-31.75	-48.38	-41.56
Change in Inventory	-21.04	-61.27	-51.29	-27.48
Change in Accounts Payable	65.12	105.92	15.25	40.17
Change in Other Net Operating Assets	18.22	18.05	15.45	10.88
Operating Cash Flow	373.6	558.31	333.76	300.25
Operating Cash Flow Growth	-33.08%	67.28%	11.16%	38.09%
Capital Expenditures	-212.65	-190.26	-293.98	-89.58
Sale of Property, Plant & Equipment	0.04	-	-	-
Cash Acquisitions	-453.05	-	-133.33	-
Investment in Securities	-97.5	-10.11	-	-
Other Investing Activities	30.02	23.28	-12.5	15.01
Investing Cash Flow	-733.14	-177.09	-439.8	-74.57
Short-Term Debt Issued	14	-	-	-
Long-Term Debt Issued	-	-	2.09	-
Total Debt Issued	14	-	2.09	-
Short-Term Debt Repaid	-	-2.12	-	-
Long-Term Debt Repaid	-13.51	-12.42	-10.9	-8.48
Total Debt Repaid	-13.51	-14.54	-10.9	-8.48
Net Debt Issued (Repaid)	0.49	-14.54	-8.81	-8.48
Issuance of Common Stock	35	1,781	-	-
Repurchase of Common Stock	-120	-	-	-
Common Dividends Paid	-450.46	-165.55	-151.15	-64.78
Other Financing Activities	-	-	-	33.41
Financing Cash Flow	-534.98	1,601	-159.96	-39.85
Foreign Exchange Rate Adjustments	0.24	-	-	-
Net Cash Flow	-894.27	1,983	-266	185.84
Free Cash Flow	160.95	368.05	39.78	210.67
Free Cash Flow Growth	-56.27%	825.13%	-81.12%	10.17%
Free Cash Flow Margin	13.34%	31.00%	4.44%	30.77%
Free Cash Flow Per Share	1.30	3.42	0.37	1.97
Cash Income Tax Paid	284.06	174.23	140.79	-
Levered Free Cash Flow	29.22	247.13	-79.41	107.26
Unlevered Free Cash Flow	30.25	248.27	-78.1	108.36
Change in Working Capital	-100.88	21.8	-65.7	-24.35

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