SHA:688022 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	-1,103	-84.54	73.51	60.8
Depreciation & Amortization	55.67	61.34	50.81	33.27
Other Amortization	36.32	12.89	10.87	10.48
Loss (Gain) From Sale of Assets	4.71	0.36	0.15	-0.01
Asset Writedown & Restructuring Costs	40.57	3.53	-	0.54
Loss (Gain) From Sale of Investments	2.39	-40.04	-44.24	-22.06
Provision & Write-off of Bad Debts	67.98	18.37	25.16	19.47
Other Operating Activities	652.69	63.58	34.33	11.27
Change in Accounts Receivable	-37.73	-219.56	-480.59	-201
Change in Inventory	-202.34	-140.67	-406.06	-181.68
Change in Accounts Payable	295.1	20.76	545.08	63.18
Change in Other Net Operating Assets	1.58	13.32	6.43	8.63
Operating Cash Flow	-188.95	-325.15	-197.22	-197.5
Capital Expenditures	-167.03	-281.19	-161.36	-270.05
Sale of Property, Plant & Equipment	5.99	2.87	0.06	0.01
Divestitures	39.81	10.39	0.28	-
Investment in Securities	226.97	-313.76	166.62	-219.45
Other Investing Activities	2.38	0.3	3.77	0.84
Investing Cash Flow	108.11	-581.39	27.37	-506.65
Long-Term Debt Issued	1,108	1,051	1,031	715.83
Long-Term Debt Repaid	-929.81	-943.9	-813.75	-431.89
Net Debt Issued (Repaid)	177.97	107.15	216.94	283.95
Issuance of Common Stock	-	956.2	19.24	7.78
Repurchase of Common Stock	-9.43	-125.57	-	-23
Common Dividends Paid	-36.01	-45.86	-23.44	-32.65
Other Financing Activities	-1.38	5.81	11.17	10.19
Financing Cash Flow	131.14	897.73	223.91	246.26
Foreign Exchange Rate Adjustments	2.65	0.73	-1.13	4.06
Net Cash Flow	52.95	-8.08	52.93	-453.83
Free Cash Flow	-355.98	-606.34	-358.58	-467.55
Free Cash Flow Margin	-75.11%	-45.27%	-31.38%	-61.69%
Free Cash Flow Per Share	-2.02	-3.52	-2.39	-3.08
Cash Income Tax Paid	20.51	6.92	-20.85	10.61
Levered Free Cash Flow	56.16	-497.54	-410.86	-501.41
Unlevered Free Cash Flow	79.16	-479	-397.09	-492.15
Change in Working Capital	53.7	-360.65	-347.83	-311.26

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