SHA:688057 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	136.84	183.06	303.73	383.04
Depreciation & Amortization	31.55	32.21	31.06	31.1
Other Amortization	1.35	1.24	2.89	15.25
Loss (Gain) From Sale of Assets	-0.18	0	-0	-0.5
Asset Writedown & Restructuring Costs	0.16	-0.02	2.39	2.14
Loss (Gain) From Sale of Investments	-8.64	-14.59	-9.65	-0.38
Provision & Write-off of Bad Debts	37.09	44.12	76.07	39.19
Other Operating Activities	2.14	-0.44	-0.98	5.26
Change in Accounts Receivable	29.1	118.69	-322.41	-321.41
Change in Inventory	9.3	46.07	55.78	41.45
Change in Accounts Payable	-54.4	-104.9	-19.5	-68.69
Operating Cash Flow	181.66	304.73	113.05	127.46
Operating Cash Flow Growth	-40.39%	169.54%	-11.31%	-66.67%
Capital Expenditures	-8.01	-14.45	-44.56	-15.29
Sale of Property, Plant & Equipment	0.17	-	1.29	1.36
Divestitures	-	-	-	0.54
Investment in Securities	-252.15	-205.08	8.36	-110.54
Other Investing Activities	9.88	6.58	10.84	-
Investing Cash Flow	-250.12	-212.96	-24.06	-123.92
Long-Term Debt Issued	150	-	35	-
Long-Term Debt Repaid	-6.57	-41.43	-6	-5.57
Net Debt Issued (Repaid)	143.43	-41.43	29	-5.57
Issuance of Common Stock	-	0.48	-	1.52
Common Dividends Paid	-140.77	-278.02	-277.5	-277.74
Dividends Paid	-140.77	-278.02	-277.5	-277.74
Other Financing Activities	-0.14	12.13	4.92	-2.02
Financing Cash Flow	2.53	-306.84	-243.58	-283.81
Foreign Exchange Rate Adjustments	-0.28	0.09	13.69	-3.82
Net Cash Flow	-66.21	-214.98	-140.9	-284.09
Free Cash Flow	173.65	290.28	68.49	112.17
Free Cash Flow Growth	-40.18%	323.79%	-38.94%	-69.43%
Free Cash Flow Margin	42.45%	57.45%	8.66%	12.29%
Free Cash Flow Per Share	0.63	1.05	0.25	0.41
Cash Income Tax Paid	37.17	73.06	72.86	83.95
Levered Free Cash Flow	54.59	255.43	-43.7	-20.7
Unlevered Free Cash Flow	56.41	256.96	-42.59	-19.31
Change in Working Capital	-18.65	59.16	-292.46	-347.64

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