SHA:688036 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	5,549	5,537	2,484	3,909
Depreciation & Amortization	358.3	292.97	247.97	208.64
Other Amortization	61.92	21.71	18.65	18.17
Loss (Gain) From Sale of Assets	1.99	0.74	0.19	-3.91
Asset Writedown & Restructuring Costs	0.9	0.64	0.29	0.45
Loss (Gain) From Sale of Investments	-635.88	-128.78	153.7	-398.88
Provision & Write-off of Bad Debts	18.62	56.9	43.66	7.82
Other Operating Activities	455.52	365.43	161.56	433.17
Change in Accounts Receivable	-2,414	-2,188	237	185.53
Change in Inventory	1,093	-4,587	1,300	-2,233
Change in Accounts Payable	-2,156	12,339	-2,819	1,742
Change in Other Net Operating Assets	382.16	324.22	215.36	191.58
Operating Cash Flow	2,848	11,890	1,979	4,039
Operating Cash Flow Growth	-76.05%	500.69%	-50.99%	-6.25%
Capital Expenditures	-640.19	-822.59	-840.1	-740.15
Sale of Property, Plant & Equipment	7.59	19.24	3.82	111.25
Cash Acquisitions	-	-	-	0.11
Divestitures	255.7	-3.91	-	-
Investment in Securities	724.58	-5,551	-1,277	-5,388
Other Investing Activities	437.36	223.61	80.71	175.99
Investing Cash Flow	785.03	-6,134	-2,032	-5,840
Long-Term Debt Issued	3,056	2,250	2,470	1,673
Total Debt Issued	3,056	2,250	2,470	1,673
Long-Term Debt Repaid	-2,467	-1,808	-2,119	-1,936
Total Debt Repaid	-2,467	-1,808	-2,119	-1,936
Net Debt Issued (Repaid)	588.11	442.12	350.87	-263.25
Issuance of Common Stock	336.37	59.98	55.9	44.37
Common Dividends Paid	-4,196	-3,924	-1,228	-879.12
Other Financing Activities	-17.96	31.9	6.58	116.94
Financing Cash Flow	-3,290	-3,390	-814.68	-981.06
Foreign Exchange Rate Adjustments	-61.91	16.55	134.1	-208.84
Net Cash Flow	280.98	2,383	-733.46	-2,992
Free Cash Flow	2,208	11,067	1,139	3,298
Free Cash Flow Growth	-80.05%	871.44%	-65.46%	-17.31%
Free Cash Flow Margin	3.21%	17.77%	2.44%	6.68%
Free Cash Flow Per Share	1.93	9.73	1.01	2.93
Cash Income Tax Paid	-3,626	-4,033	-4,021	-3,942
Levered Free Cash Flow	2,832	10,168	40.71	1,133
Unlevered Free Cash Flow	2,884	10,218	82.49	1,156
Change in Working Capital	-2,963	5,743	-1,130	-136.1

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