SHA:688129 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	84.75	51.67	21.47	93.93
Depreciation & Amortization	10.59	10.44	9.44	9.03
Other Amortization	0.34	0.28	0.21	0.6
Loss (Gain) From Sale of Assets	-0.23	-0.05	0.01	-0.07
Asset Writedown & Restructuring Costs	0	0.4	0	0
Loss (Gain) From Sale of Investments	-34.94	-34.77	-11.29	-16.27
Provision & Write-off of Bad Debts	25.02	3.84	-0.04	8.58
Other Operating Activities	16.58	18.3	7.24	4.6
Change in Accounts Receivable	-61.18	-8.04	16.35	-50.72
Change in Inventory	-4.22	3.95	-34.32	-12.51
Change in Accounts Payable	10.11	-14.99	6.74	28.82
Change in Other Net Operating Assets	2.51	-0.68	3.73	3.34
Operating Cash Flow	49.25	31.63	19.51	67.79
Operating Cash Flow Growth	55.71%	62.15%	-71.22%	-27.34%
Capital Expenditures	-27.44	-61.05	-3.46	-11.16
Sale of Property, Plant & Equipment	0.03	0.11	0.04	0.18
Investment in Securities	-8.66	-201.75	-816.98	48
Other Investing Activities	16.23	17.74	7.32	16.82
Investing Cash Flow	-19.84	-244.95	-813.08	53.84
Short-Term Debt Issued	629.39	749.33	407.31	-
Total Debt Issued	629.39	749.33	407.31	-
Short-Term Debt Repaid	-626.85	-429.51	-150	-
Long-Term Debt Repaid	-2.95	-3.06	-2.83	-2.17
Total Debt Repaid	-629.8	-432.57	-152.83	-2.17
Net Debt Issued (Repaid)	-0.41	316.76	254.49	-2.17
Issuance of Common Stock	-	6.53	-	-
Repurchase of Common Stock	-62.98	-33.9	-16.11	-
Common Dividends Paid	-45.8	-10.72	-31.99	-24
Financing Cash Flow	-109.2	278.67	206.39	-26.17
Foreign Exchange Rate Adjustments	-	0.18	0.04	-
Net Cash Flow	-79.79	65.53	-587.14	95.46
Free Cash Flow	21.81	-29.42	16.05	56.62
Free Cash Flow Growth	-	-	-71.65%	-35.41%
Free Cash Flow Margin	3.65%	-5.67%	4.08%	11.47%
Free Cash Flow Per Share	0.19	-0.24	0.14	0.47
Cash Income Tax Paid	46.22	34.54	30.65	40.71
Levered Free Cash Flow	6.01	-49.58	3.37	25.86
Unlevered Free Cash Flow	15.13	-43.21	4.86	26
Change in Working Capital	-52.85	-18.48	-7.54	-32.62

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