SHA:688041 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	1,931	1,263	803.7	327.11
Depreciation & Amortization	1,291	748.72	694.18	406.6
Other Amortization	112.06	6.73	4.44	2.52
Loss (Gain) From Sale of Assets	-	-	-	-0.04
Asset Writedown & Restructuring Costs	4.93	0.1	0.08	-
Loss (Gain) From Sale of Investments	-6.8	-3.45	-1.14	-20
Provision & Write-off of Bad Debts	7.92	5.25	7.05	1.06
Other Operating Activities	843.05	472.87	381.46	149.42
Change in Accounts Receivable	92.74	-2,133	-1,998	-370.14
Change in Inventory	-4,447	-79.61	71.97	-966.31
Change in Accounts Payable	1,360	386.6	-266.81	891.51
Change in Other Net Operating Assets	-177.11	151.7	263.93	177.15
Operating Cash Flow	977.08	813.71	-43.26	597.98
Operating Cash Flow Growth	20.08%	-	-	-
Capital Expenditures	-945.25	-918.11	-1,381	-752.55
Sale of Property, Plant & Equipment	0	-	-	0.14
Investment in Securities	-3,050	-910	-150	650
Other Investing Activities	7.2	27.84	1.63	19
Investing Cash Flow	-3,988	-1,800	-1,530	-83.41
Long-Term Debt Issued	2,889	1,447	1,235	487.7
Long-Term Debt Repaid	-1,170	-1,293	-955.82	-657.53
Net Debt Issued (Repaid)	1,718	154.25	278.93	-169.83
Issuance of Common Stock	-	-	10,583	73.13
Repurchase of Common Stock	-302.63	-30.11	-	-
Common Dividends Paid	-281.96	-119.38	-22.54	-17.72
Other Financing Activities	-202.03	-4.62	-13.47	49.44
Financing Cash Flow	931.7	0.15	10,826	-64.99
Foreign Exchange Rate Adjustments	-	0	-0.82	-0.03
Net Cash Flow	-2,079	-986.42	9,252	449.56
Free Cash Flow	31.83	-104.41	-1,425	-154.57
Free Cash Flow Margin	0.35%	-1.74%	-27.80%	-6.69%
Free Cash Flow Per Share	0.01	-0.04	-0.67	-0.08
Cash Interest Paid	2.03	1.98	3.58	-
Cash Income Tax Paid	1,105	530.33	259.76	215.15
Levered Free Cash Flow	-634.64	-249.58	-2,181	-131.28
Unlevered Free Cash Flow	-607.25	-226.93	-2,162	-115.91
Change in Working Capital	-3,206	-1,680	-1,933	-268.69

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