Jiangsu Cnano Technology 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	250.2	297.16	424.29	295.88
Depreciation & Amortization	129.54	103.75	59.21	40.99
Other Amortization	0.77	0.12	0.16	0.16
Loss (Gain) From Sale of Assets	-	-0.04	-0.14	-
Asset Writedown & Restructuring Costs	5.71	3.8	0.31	0.94
Loss (Gain) From Sale of Investments	-6.26	-91.76	-25.09	-21.57
Provision & Write-off of Bad Debts	4.47	0.32	-3.57	14.21
Other Operating Activities	42.46	47.38	38.82	1.69
Change in Accounts Receivable	-113.16	-415.74	-431.58	-549.24
Change in Inventory	-12.44	17.67	-53.19	-107.39
Change in Accounts Payable	-30.68	319.84	68.42	326.21
Change in Other Net Operating Assets	16.35	22.06	30.59	37.4
Operating Cash Flow	276.21	299.39	107.5	29.06
Operating Cash Flow Growth	-7.74%	178.50%	269.96%	-55.16%
Capital Expenditures	-402.25	-590.24	-429.52	-278.62
Sale of Property, Plant & Equipment	2.88	5.68	5.78	5.78
Divestitures	-	97.75	-	-
Investment in Securities	-587.42	616.57	-153.42	246.93
Other Investing Activities	-194.24	-19.74	33.04	-2.85
Investing Cash Flow	-1,181	110.01	-544.12	-28.76
Long-Term Debt Issued	517.84	564.6	1,109	73
Total Debt Issued	517.84	564.6	1,109	73
Long-Term Debt Repaid	-406.41	-344.65	-160.23	-65.87
Total Debt Repaid	-406.41	-344.65	-160.23	-65.87
Net Debt Issued (Repaid)	111.43	219.95	948.77	7.13
Issuance of Common Stock	20.92	12.69	4.63	5.91
Repurchase of Common Stock	-	-106.92	-	-
Common Dividends Paid	-124.4	-33.59	-19.78	-19.22
Other Financing Activities	29.29	67.52	-2.74	-1.85
Financing Cash Flow	37.23	159.65	930.88	-8.03
Foreign Exchange Rate Adjustments	-1.44	-3.1	3.87	-0.94
Net Cash Flow	-869.03	565.95	498.14	-8.67
Free Cash Flow	-126.04	-290.85	-322.01	-249.56
Free Cash Flow Margin	-8.70%	-20.71%	-17.49%	-18.91%
Free Cash Flow Per Share	-0.37	-0.85	-0.93	-0.72
Cash Income Tax Paid	136.32	81.04	107.5	68.3
Levered Free Cash Flow	-246.76	-108.39	-283.76	-147.7
Unlevered Free Cash Flow	-218.88	-81.9	-261.03	-147.7
Change in Working Capital	-150.68	-61.34	-386.49	-303.24

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