SHA:688121 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	94.77	153.98	189.53	315.25
Depreciation & Amortization	104.88	109.62	95.36	113.86
Other Amortization	14.25	8.05	4.6	3.81
Loss (Gain) From Sale of Assets	-0.02	-0	0	0.02
Asset Writedown & Restructuring Costs	22.53	4.2	-2.96	9.56
Loss (Gain) From Sale of Investments	-3.66	17.52	28.41	-8.23
Provision & Write-off of Bad Debts	25.88	63.09	56.94	53.79
Other Operating Activities	38.96	56.74	19.8	5.47
Change in Accounts Receivable	-1,136	-1,173	-45.1	-345.64
Change in Inventory	-50.13	1,432	42.28	544.67
Change in Accounts Payable	1,153	-1,247	12.2	-755.35
Change in Other Net Operating Assets	-12.85	5.52	7.33	-
Operating Cash Flow	236.43	-597.46	390.94	-69.98
Capital Expenditures	-665.22	-496.28	-1,454	-341.07
Sale of Property, Plant & Equipment	0.02	0.04	0.01	0.07
Investment in Securities	-	-	-155.74	-93.14
Other Investing Activities	309	-	171.26	77.41
Investing Cash Flow	-356.2	-496.24	-1,438	-356.73
Short-Term Debt Issued	17.68	98.63	-	17.5
Long-Term Debt Issued	1,311	1,286	1,813	449.06
Total Debt Issued	1,329	1,384	1,813	466.56
Long-Term Debt Repaid	-1,194	-401.44	-1,010	-556.33
Total Debt Repaid	-1,194	-401.44	-1,010	-556.33
Net Debt Issued (Repaid)	134.66	982.76	803.64	-89.77
Issuance of Common Stock	-	408.53	-	872.9
Repurchase of Common Stock	-80.18	-	-	-
Common Dividends Paid	-106.15	-133.04	-50.47	-25.74
Other Financing Activities	105	-43.24	35.44	-47.94
Financing Cash Flow	53.33	1,215	788.61	709.45
Foreign Exchange Rate Adjustments	0.83	0.39	0.19	-1.16
Net Cash Flow	-65.61	121.7	-258.37	281.58
Free Cash Flow	-428.79	-1,094	-1,063	-411.05
Free Cash Flow Margin	-15.11%	-36.97%	-36.20%	-10.54%
Free Cash Flow Per Share	-2.17	-5.40	-5.27	-2.49
Cash Income Tax Paid	143.06	-56.31	93.87	225.71
Levered Free Cash Flow	-3.8	-1,059	-1,210	-356.63
Unlevered Free Cash Flow	19.94	-1,038	-1,200	-335.18
Change in Working Capital	-61.15	-1,011	-0.74	-563.49

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