SHA:688017 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	56.17	84.16	155.3	189.18
Depreciation & Amortization	53.83	44.65	38.77	26.43
Other Amortization	2.17	2.84	3.02	1.18
Loss (Gain) From Sale of Assets	-0.06	-	-0.2	-0.17
Asset Writedown & Restructuring Costs	-	-	0	13.36
Loss (Gain) From Sale of Investments	-31.54	-12.8	-17.41	-26.3
Provision & Write-off of Bad Debts	2.97	2	1.56	1.77
Other Operating Activities	48.22	27.34	22.17	2.45
Change in Accounts Receivable	-114.96	36.92	-98.52	-179.6
Change in Inventory	-28.91	-25.56	-94.75	-70.08
Change in Accounts Payable	36.32	-10.95	8.5	72.82
Change in Other Net Operating Assets	0.91	5.18	8.33	1.59
Operating Cash Flow	27.98	149.29	26.15	45.59
Operating Cash Flow Growth	-81.26%	470.83%	-42.63%	-63.81%
Capital Expenditures	-32.44	-76.02	-87.36	-140.07
Sale of Property, Plant & Equipment	0.53	-	0.49	0.27
Investment in Securities	-294.62	-117	-89.22	166.35
Other Investing Activities	14.45	4.85	19.12	26.67
Investing Cash Flow	-312.08	-188.17	-156.97	53.21
Long-Term Debt Issued	299.31	753.63	331.17	48.66
Total Debt Issued	299.31	753.63	331.17	48.66
Long-Term Debt Repaid	-804.33	-407.27	-34.84	-43.96
Total Debt Repaid	-804.33	-407.27	-34.84	-43.96
Net Debt Issued (Repaid)	-505.02	346.36	296.33	4.71
Issuance of Common Stock	1,417	3.76	-	-
Common Dividends Paid	-63.07	-26.85	-80.39	-30.63
Other Financing Activities	-9.03	-	-0.01	-0.38
Financing Cash Flow	839.83	323.27	215.93	-26.31
Foreign Exchange Rate Adjustments	-0.37	1.31	1.79	-0.98
Net Cash Flow	555.36	285.7	86.9	71.51
Free Cash Flow	-4.46	73.27	-61.2	-94.49
Free Cash Flow Margin	-1.15%	20.57%	-13.73%	-21.31%
Free Cash Flow Per Share	-0.03	0.43	-0.36	-0.56
Cash Income Tax Paid	29.1	35.39	22.22	19.97
Levered Free Cash Flow	4.49	-33.9	-134.16	-24.18
Unlevered Free Cash Flow	12.08	-27.49	-132.71	-23.83
Change in Working Capital	-103.79	1.1	-177.06	-162.31

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