Sokan New Materials Group 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	86.4	81.11	82.3	97.39
Depreciation & Amortization	38.98	22.27	16.36	13.92
Other Amortization	8.27	4.35	1.86	1.84
Loss (Gain) From Sale of Assets	0.07	0.1	0.22	0.09
Asset Writedown & Restructuring Costs	0.06	0.18	0.07	0.11
Loss (Gain) From Sale of Investments	-2.42	-4.28	-3.1	-10.77
Provision & Write-off of Bad Debts	4.75	6.04	-1.45	1.62
Other Operating Activities	7.72	0.45	-2.09	0.62
Change in Accounts Receivable	-77.98	-121.32	41.37	-38.43
Change in Inventory	-46.32	-19.3	-3.72	-19.86
Change in Accounts Payable	79.95	67.72	5.55	-8.25
Change in Other Net Operating Assets	3.67	-10.52	4.33	19.13
Operating Cash Flow	92.67	26.38	140.72	56.99
Operating Cash Flow Growth	251.25%	-81.25%	146.90%	-20.57%
Capital Expenditures	-148.77	-211.16	-239.84	-107.66
Sale of Property, Plant & Equipment	0.22	0.01	0.09	0.75
Cash Acquisitions	-15.03	-	-	-6.48
Investment in Securities	103.37	-141.97	-13.99	145.5
Other Investing Activities	2.53	5.32	4.76	7.64
Investing Cash Flow	-57.68	-347.79	-248.98	39.75
Long-Term Debt Issued	153.7	61.47	-	-
Total Debt Issued	153.7	61.47	-	-
Long-Term Debt Repaid	-89.33	-4.93	-3.49	-1.28
Total Debt Repaid	-89.33	-4.93	-3.49	-1.28
Net Debt Issued (Repaid)	64.36	56.55	-3.49	-1.28
Issuance of Common Stock	-	-	7.15	-
Repurchase of Common Stock	-16.01	-	-	-
Common Dividends Paid	-27.28	-25.07	-29.45	-26.27
Other Financing Activities	-6.08	-0.77	0.17	-
Financing Cash Flow	14.99	30.71	-25.62	-27.55
Foreign Exchange Rate Adjustments	0.34	1.18	2.7	-1
Net Cash Flow	50.31	-289.52	-131.18	68.2
Free Cash Flow	-56.1	-184.78	-99.12	-50.66
Free Cash Flow Margin	-7.52%	-31.33%	-19.86%	-9.97%
Free Cash Flow Per Share	-0.36	-1.19	-0.65	-0.33
Cash Income Tax Paid	42	33.96	37.31	42.72
Levered Free Cash Flow	-77.01	-211.47	-143.59	-98.64
Unlevered Free Cash Flow	-75.18	-211.24	-143.55	-98.64
Change in Working Capital	-51.17	-83.83	46.55	-47.84

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