SHA:688052 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	-402.88	-305.33	250.57	223.74
Depreciation & Amortization	129.1	101.1	61.15	27.97
Other Amortization	28.08	6.78	4.35	2.12
Loss (Gain) From Sale of Assets	0.13	-1.02	-	0.03
Asset Writedown & Restructuring Costs	0.9	0.58	0.39	4.25
Loss (Gain) From Sale of Investments	-38.65	-64.4	-53.02	-0.06
Provision & Write-off of Bad Debts	13.47	0.57	6.71	2.94
Other Operating Activities	106.31	70.31	34.62	3.41
Change in Accounts Receivable	-53.37	5.83	-421.65	-132.74
Change in Inventory	21.12	-284.12	-414.03	-141.2
Change in Accounts Payable	223.16	103.21	129.15	103.64
Change in Other Net Operating Assets	67.5	224.09	196.83	8.88
Operating Cash Flow	95.05	-139.41	-228.83	100.59
Capital Expenditures	-376.19	-890.5	-397.54	-187.27
Sale of Property, Plant & Equipment	0.05	0.01	-	0.09
Cash Acquisitions	-740.43	-	-	-
Divestitures	-	-	40.23	-
Investment in Securities	37.57	1,186	-3,614	1.07
Other Investing Activities	-20.8	0.88	-0.5	-
Investing Cash Flow	-1,100	296.01	-3,972	-186.11
Long-Term Debt Issued	495.43	744.1	355.47	113.46
Long-Term Debt Repaid	-284.19	-196.64	-447.08	-67.62
Net Debt Issued (Repaid)	211.24	547.46	-91.61	45.84
Issuance of Common Stock	71.97	-	5,811	-
Repurchase of Common Stock	-	-200.11	-	-
Common Dividends Paid	-15.25	-85.83	-87.31	-2.43
Dividends Paid	-15.25	-85.83	-87.31	-2.43
Other Financing Activities	-1.14	70.64	-242.38	-4.32
Financing Cash Flow	266.81	332.16	5,390	39.09
Foreign Exchange Rate Adjustments	-1.05	-2.18	-2.55	0.22
Net Cash Flow	-738.98	486.57	1,187	-46.21
Free Cash Flow	-281.14	-1,030	-626.37	-86.68
Free Cash Flow Margin	-14.34%	-78.56%	-37.50%	-10.05%
Free Cash Flow Per Share	-2.00	-7.25	-4.82	-0.82
Cash Income Tax Paid	-41.04	5.34	49.49	49.86
Levered Free Cash Flow	-251.07	-1,110	-458.66	-168.25
Unlevered Free Cash Flow	-241.33	-1,107	-454.66	-166.75
Change in Working Capital	258.61	52.01	-533.6	-163.81

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