SHA:688147 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	226.71	270.39	54.15	46.11
Depreciation & Amortization	56.76	33.72	13	9.64
Other Amortization	10.82	6.94	9.49	6.17
Loss (Gain) From Sale of Assets	-0.19	0.04	-0.37	-
Asset Writedown & Restructuring Costs	1.01	-24.46	0.01	0.01
Loss (Gain) From Sale of Investments	-20.32	-28.09	-14.32	-11.31
Provision & Write-off of Bad Debts	158.42	67.63	22.54	13.05
Other Operating Activities	269.56	93.44	19	11.45
Change in Accounts Receivable	-343.14	-848.91	-506.98	-47.38
Change in Inventory	-796.73	-2,316	-592	-67.2
Change in Accounts Payable	-576.16	2,795	1,173	-33.15
Change in Other Net Operating Assets	78.2	93.12	1.67	1.82
Operating Cash Flow	-999.9	93.33	168.5	-76.31
Operating Cash Flow Growth	-	-44.61%	-	-
Capital Expenditures	-291.98	-186.15	-47.34	-22.85
Sale of Property, Plant & Equipment	0.5	-	-	-
Investment in Securities	810.29	-999.58	245	-495
Other Investing Activities	39.47	22.27	8.84	6.15
Investing Cash Flow	558.28	-1,163	206.5	-511.69
Short-Term Debt Issued	-	-	334.33	113.04
Long-Term Debt Issued	1,972	544.21	-	-
Total Debt Issued	1,972	544.21	334.33	113.04
Short-Term Debt Repaid	-	-	-120.73	-64.91
Long-Term Debt Repaid	-749.53	-308.38	-3.91	-3.14
Total Debt Repaid	-749.53	-308.38	-124.63	-68.05
Net Debt Issued (Repaid)	1,222	235.83	209.7	44.99
Issuance of Common Stock	43.16	-	1,051	190
Repurchase of Common Stock	-72.91	-	-	-
Common Dividends Paid	-71.39	-9.75	-4.48	-2.65
Other Financing Activities	-	-8.35	-23.39	-0.33
Financing Cash Flow	1,121	217.73	1,233	232.01
Foreign Exchange Rate Adjustments	-0.2	-3.49	0.6	-0
Net Cash Flow	679.25	-855.9	1,609	-356
Free Cash Flow	-1,292	-92.82	121.16	-99.16
Free Cash Flow Margin	-47.85%	-5.53%	17.70%	-23.17%
Free Cash Flow Per Share	-2.79	-0.20	0.29	-0.24
Cash Income Tax Paid	97.95	19.09	14.28	9.75
Levered Free Cash Flow	-1,462	187.33	121.37	-144.16
Unlevered Free Cash Flow	-1,434	197.69	124.71	-141.99
Change in Working Capital	-1,703	-326.3	65	-151.45

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