SHA:688155 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	223.02	39.95	-94.43	70.06
Depreciation & Amortization	57.52	58.84	44.58	17.27
Other Amortization	3.25	-	-	-
Loss (Gain) From Sale of Assets	-0.08	-0.58	0.4	-
Asset Writedown & Restructuring Costs	4.61	0.06	0.29	0
Loss (Gain) From Sale of Investments	-4.73	1.58	-2.19	-10
Provision & Write-off of Bad Debts	-48.54	52.16	15.72	46.13
Other Operating Activities	152.16	163.76	82.56	6.05
Change in Accounts Receivable	312.17	83.95	-727.93	-478.83
Change in Inventory	-262.48	-103.63	-270.91	-211.2
Change in Accounts Payable	536.71	-345.27	455.09	575.51
Change in Other Net Operating Assets	2.95	-0.08	9.87	27.64
Operating Cash Flow	988.29	-58.56	-535.19	35.03
Operating Cash Flow Growth	-	-	-	-18.94%
Capital Expenditures	-203.64	-239.17	-296.44	-212.04
Sale of Property, Plant & Equipment	0.16	0.94	21.15	-
Cash Acquisitions	-	-407.92	-382.17	-
Investment in Securities	-110.56	79.37	170.35	273
Other Investing Activities	7.27	1.55	1.32	6.33
Investing Cash Flow	-306.77	-565.23	-485.78	67.29
Long-Term Debt Issued	706.92	1,545	1,053	18.78
Total Debt Issued	706.92	1,545	1,053	18.78
Long-Term Debt Repaid	-1,433	-968.14	-23.03	-28.87
Net Debt Issued (Repaid)	-725.69	576.45	1,030	-10.09
Issuance of Common Stock	623.26	-	32.89	13.71
Common Dividends Paid	-99.47	-40.03	-34.27	-1.9
Other Financing Activities	-2.01	-0.23	-0.95	-
Financing Cash Flow	-203.91	536.19	1,027	1.71
Foreign Exchange Rate Adjustments	-6.66	2.86	2.97	-2.76
Net Cash Flow	470.95	-84.73	9.21	101.27
Free Cash Flow	784.65	-297.73	-831.62	-177.01
Free Cash Flow Margin	31.85%	-12.16%	-46.07%	-16.06%
Free Cash Flow Per Share	6.58	-2.76	-7.80	-1.66
Cash Income Tax Paid	129.86	109.75	90.44	35.94
Levered Free Cash Flow	583.84	-710.81	-682.21	-185.86
Unlevered Free Cash Flow	604.76	-684.74	-671.52	-184.99
Change in Working Capital	601.08	-374.33	-582.12	-94.48

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