SHA:688029 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	553.23	485.92	330.59	324.75
Depreciation & Amortization	75.05	68.84	60.99	45.21
Other Amortization	26.5	13.88	16.53	11.92
Loss (Gain) From Sale of Assets	-0.72	-0.06	0.27	-0.75
Asset Writedown & Restructuring Costs	4.93	1.92	5.35	2.08
Loss (Gain) From Sale of Investments	-20.03	-27.84	-43.23	-65.39
Provision & Write-off of Bad Debts	4.77	2.38	0.58	1.98
Other Operating Activities	37.96	-34.87	-27.15	51.27
Change in Accounts Receivable	-43.56	-112.11	70.45	-180.05
Change in Inventory	-67.18	21.79	-195.06	-199.96
Change in Accounts Payable	49.93	136.49	27.62	106.48
Change in Other Net Operating Assets	-3.48	-	6.21	77.05
Operating Cash Flow	613.02	545.57	250.14	172.89
Operating Cash Flow Growth	12.36%	118.11%	44.68%	-25.25%
Capital Expenditures	-269.62	-256.09	-213.38	-164.75
Sale of Property, Plant & Equipment	6.66	3.08	2.09	1.46
Cash Acquisitions	-3.41	-33.76	-	0.01
Investment in Securities	632.83	-921.35	831.9	346.24
Other Investing Activities	45.91	70.75	47.98	62.85
Investing Cash Flow	412.37	-1,137	668.59	245.81
Long-Term Debt Issued	-	35	100	-
Long-Term Debt Repaid	-14.05	-47.08	-108.33	-9.42
Net Debt Issued (Repaid)	-14.05	-12.08	-8.33	-9.42
Issuance of Common Stock	-	2.28	35.8	36.41
Repurchase of Common Stock	-60.01	-	-	-
Common Dividends Paid	-283.42	-104.69	-101.22	-63.55
Other Financing Activities	-	-	-	-29.45
Financing Cash Flow	-357.48	-114.49	-73.76	-66.02
Foreign Exchange Rate Adjustments	-6.95	40.19	62.93	-30.64
Net Cash Flow	660.95	-666.1	907.9	322.04
Free Cash Flow	343.4	289.48	36.76	8.14
Free Cash Flow Growth	18.63%	687.44%	351.76%	-88.23%
Free Cash Flow Margin	12.46%	12.00%	1.86%	0.42%
Free Cash Flow Per Share	1.83	1.54	0.20	0.04
Cash Income Tax Paid	207.29	174.45	124.44	118.44
Levered Free Cash Flow	301.2	117.59	-112.93	8.52
Unlevered Free Cash Flow	303.28	118.87	-112.06	9.02
Change in Working Capital	-68.66	35.4	-93.79	-198.2

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