SHA:688033 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	-1,495	144.02	177.57	174.97
Depreciation & Amortization	274.79	187.29	116.02	65.66
Other Amortization	6.28	1.77	1.01	0.88
Loss (Gain) From Sale of Assets	-0.12	-1.59	0.46	0.02
Asset Writedown & Restructuring Costs	420.2	26.19	0.89	-0.37
Loss (Gain) From Sale of Investments	-3.7	-	17.22	3.19
Provision & Write-off of Bad Debts	-5.61	15.67	13.96	5.28
Other Operating Activities	669.62	96.82	44.26	11.9
Change in Accounts Receivable	649.83	-636.75	-598.2	-256.54
Change in Inventory	-43.4	-697.17	-120.27	-54.35
Change in Accounts Payable	9.74	382.07	332.75	68.24
Change in Other Net Operating Assets	-18.61	4.29	18.94	-
Operating Cash Flow	288.63	-496.51	-35.03	15.02
Operating Cash Flow Growth	-	-	-	-92.11%
Capital Expenditures	-623.69	-1,147	-987.14	-611.03
Sale of Property, Plant & Equipment	0.62	2.86	0.55	0.04
Cash Acquisitions	-	-28.6	-354.61	-80.95
Investment in Securities	15.46	-	-	-49.7
Other Investing Activities	6.03	0.23	7.82	-7.53
Investing Cash Flow	-601.58	-1,173	-1,333	-749.18
Long-Term Debt Issued	607.25	1,292	937.52	263.87
Long-Term Debt Repaid	-1,532	-592.68	-361.34	-65.3
Net Debt Issued (Repaid)	-925.06	699.37	576.17	198.57
Issuance of Common Stock	-	8.2	2,311	-
Repurchase of Common Stock	-	-10	-	-
Common Dividends Paid	-63.09	-63.94	-53.1	-22.82
Other Financing Activities	378.13	141.75	-8.55	7.96
Financing Cash Flow	-610.01	775.39	2,825	183.7
Foreign Exchange Rate Adjustments	0.06	-0.11	-	-
Net Cash Flow	-922.9	-893.96	1,457	-550.46
Free Cash Flow	-335.06	-1,644	-1,022	-596.02
Free Cash Flow Margin	-43.91%	-77.88%	-103.55%	-88.79%
Free Cash Flow Per Share	-0.59	-2.85	-2.13	-1.33
Cash Income Tax Paid	-52.94	190.88	76.25	55.86
Levered Free Cash Flow	-232.12	-1,479	-1,047	-636.86
Unlevered Free Cash Flow	-184.44	-1,447	-1,031	-632.3
Change in Working Capital	422.52	-966.69	-406.43	-246.51

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