SHA:688051 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	-103.16	-208.28	-287.69	-129.25
Depreciation & Amortization	42.2	64.56	71.63	53.26
Other Amortization	10	0.5	0.51	0.12
Loss (Gain) From Sale of Assets	0.1	0.01	0.03	0.05
Asset Writedown & Restructuring Costs	24.48	50.65	24	2
Loss (Gain) From Sale of Investments	-1.21	-3.03	-4.39	-7.45
Provision & Write-off of Bad Debts	14.11	20.65	65.25	127.49
Other Operating Activities	-4.63	10.75	29.47	-3.36
Change in Accounts Receivable	14.1	-20.66	101.37	-209.4
Change in Inventory	21.62	34.64	-65.57	39.67
Change in Accounts Payable	-19.96	-85.35	-159.86	117.6
Change in Other Net Operating Assets	0.88	1.95	1.54	12.59
Operating Cash Flow	1.49	-128.51	-215.73	-24.36
Capital Expenditures	-3.62	-3.44	-19.81	-183.75
Sale of Property, Plant & Equipment	0.05	1.91	0.03	0.05
Investment in Securities	81.67	-59.57	89.9	336.6
Other Investing Activities	1.22	1.39	73.5	8.77
Investing Cash Flow	79.32	-59.71	143.62	161.67
Short-Term Debt Issued	5.42	10	-	100
Long-Term Debt Issued	65.01	123.33	97.95	-
Total Debt Issued	70.43	133.33	97.95	100
Short-Term Debt Repaid	-	-	-	-113.03
Long-Term Debt Repaid	-118.86	-112.63	-120.21	-4.04
Total Debt Repaid	-118.86	-112.63	-120.21	-117.07
Net Debt Issued (Repaid)	-48.43	20.7	-22.26	-17.07
Common Dividends Paid	-4.02	-4.29	-5.16	-56.64
Other Financing Activities	-3	-6	-6.37	-3.45
Financing Cash Flow	-55.45	10.41	-33.78	-77.16
Foreign Exchange Rate Adjustments	-	-	-	-0
Net Cash Flow	25.36	-177.82	-105.89	60.14
Free Cash Flow	-2.13	-131.95	-235.54	-208.11
Free Cash Flow Margin	-0.71%	-40.93%	-90.14%	-42.79%
Free Cash Flow Per Share	-0.03	-1.70	-3.05	-2.69
Cash Income Tax Paid	11.91	12.08	8.13	36.16
Levered Free Cash Flow	52.52	-69.01	-130.71	-198.88
Unlevered Free Cash Flow	55.31	-65.57	-125.32	-196.1
Change in Working Capital	19.61	-64.3	-114.53	-67.22

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