SHA:688101 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	314.81	253.94	217.88	247.12
Depreciation & Amortization	91.16	85.09	71.58	57.78
Other Amortization	1.8	0.73	0.64	0.53
Loss (Gain) From Sale of Assets	-24.36	0	0.17	-0.02
Asset Writedown & Restructuring Costs	2	0.17	0.05	3.79
Loss (Gain) From Sale of Investments	-95.44	-20.67	-47.89	-75.58
Provision & Write-off of Bad Debts	63.78	34.68	22.23	43.49
Other Operating Activities	18.59	17.17	17.96	5.27
Change in Accounts Receivable	-441.58	-151.82	-92.22	-151.86
Change in Inventory	-105.19	76.95	-242.81	-162.72
Change in Accounts Payable	360.37	-42.38	311.74	272.11
Operating Cash Flow	171.91	244.62	247.33	221.13
Operating Cash Flow Growth	-29.72%	-1.10%	11.85%	87.24%
Capital Expenditures	-100.58	-141.59	-274.05	-305.39
Sale of Property, Plant & Equipment	39.07	0.01	0.62	0.05
Cash Acquisitions	-	-	-	-2.61
Investment in Securities	-171.62	-778.7	250	95.28
Other Investing Activities	19.98	13.85	12.56	15.39
Investing Cash Flow	-213.15	-906.44	-10.86	-197.28
Long-Term Debt Issued	-	-	9.4	82.42
Long-Term Debt Repaid	-23.12	-17.9	-13.49	-9.21
Net Debt Issued (Repaid)	-23.12	-17.9	-4.09	73.21
Repurchase of Common Stock	-	-	-27	-
Common Dividends Paid	-59.86	-3.99	-60.94	-68.51
Other Financing Activities	-	0.9	0	-
Financing Cash Flow	-82.98	-20.99	-92.02	4.7
Foreign Exchange Rate Adjustments	0.62	0.83	3.24	-0.12
Net Cash Flow	-123.6	-681.98	147.69	28.43
Free Cash Flow	71.33	103.02	-26.72	-84.26
Free Cash Flow Growth	-30.76%	-	-	-
Free Cash Flow Margin	5.13%	7.10%	-2.12%	-7.32%
Free Cash Flow Per Share	0.21	0.31	-0.08	-0.25
Cash Income Tax Paid	119.12	93.39	63.22	69.71
Levered Free Cash Flow	37.38	-0.15	-52.09	-175.51
Unlevered Free Cash Flow	39.96	2.66	-49.4	-174.13
Change in Working Capital	-200.43	-126.5	-35.3	-61.24

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