JoulWatt Technology Co., Ltd. (SHA:688141)

JoulWatt Technology Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-603.37	-531.41	137.16	141.98
Depreciation & Amortization	58.79	38.13	30.11	18.77
Other Amortization	4.46	1.26	0.26	-
Asset Writedown & Restructuring Costs	-0.33	2.75	33.98	10.59
Loss (Gain) From Sale of Investments	0.42	-1.34	0.52	-
Provision & Write-off of Bad Debts	9.29	7.61	-	-
Other Operating Activities	238.95	225.46	15.47	2.15
Change in Accounts Receivable	-52.18	130.4	-588.77	-349.33
Change in Inventory	-181.31	-297.6	-527.32	-190.06
Change in Accounts Payable	181.45	72.37	61.78	30.87
Change in Other Net Operating Assets	-14.27	61.18	13.34	13.69
Operating Cash Flow	-360.44	-291.43	-823.49	-321.35
Capital Expenditures	-199.49	-124.65	-89.07	-129.14
Sale of Property, Plant & Equipment	0.01	0.87	4.6	-
Cash Acquisitions	6.48	-	-	-
Divestitures	-	-3.45	-	-
Investment in Securities	-309.03	-176	-53.72	-
Other Investing Activities	1.64	3.22	2.07	-
Investing Cash Flow	-500.4	-300.02	-136.13	-129.14
Long-Term Debt Issued	973.63	878.1	1,092	1
Long-Term Debt Repaid	-697.71	-600.66	-231.02	-20.99
Net Debt Issued (Repaid)	275.92	277.44	860.48	-19.99
Issuance of Common Stock	-	-	2,081	320
Common Dividends Paid	-39.45	-24.69	-21.7	-1.22
Other Financing Activities	-	-23.95	-9.66	-
Financing Cash Flow	236.47	228.8	2,910	298.8
Foreign Exchange Rate Adjustments	3.48	0.07	4.6	-0.97
Net Cash Flow	-620.89	-362.57	1,955	-152.67
Free Cash Flow	-559.93	-416.07	-912.56	-450.49
Free Cash Flow Margin	-33.35%	-32.09%	-63.04%	-43.25%
Free Cash Flow Per Share	-1.25	-0.93	-2.33	-1.24
Cash Income Tax Paid	-37.04	-3.36	-20.17	-1.01
Levered Free Cash Flow	-480.52	-468.13	-677.25	-403.02
Unlevered Free Cash Flow	-455.37	-452.73	-664.86	-402.19
Change in Working Capital	-68.65	-33.88	-1,041	-494.83

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