SHA:688178 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	-74.21	-86.63	22.36	72.63
Depreciation & Amortization	52.94	44.29	31.69	26.52
Other Amortization	8.3	4.91	4.51	3.75
Loss (Gain) From Sale of Assets	0.38	-	0.77	0
Asset Writedown & Restructuring Costs	5.82	5.71	25.64	47.2
Loss (Gain) From Sale of Investments	2.19	0.5	0.7	-5.76
Provision & Write-off of Bad Debts	36.29	25.22	11.41	-
Other Operating Activities	18.58	-0.06	15.34	5.61
Change in Accounts Receivable	142.44	36.8	-33.03	-271.85
Change in Inventory	1.48	-35.46	20.99	17.12
Change in Accounts Payable	-100.3	-108.56	-59.7	86.58
Operating Cash Flow	81.87	-132.84	37.45	-26.61
Capital Expenditures	-203.63	-186.98	-116.68	-221.26
Sale of Property, Plant & Equipment	0.01	-	0.22	0.18
Cash Acquisitions	-7.4	-1.63	-6.62	-
Divestitures	-	-	-	4.42
Investment in Securities	29.42	4.58	-62.8	158
Other Investing Activities	1.56	2.87	3.07	5.27
Investing Cash Flow	-180.05	-181.17	-182.81	-53.4
Long-Term Debt Issued	347.57	349.15	203.29	118.95
Long-Term Debt Repaid	-235.92	-188.06	-123.91	-31.33
Net Debt Issued (Repaid)	111.65	161.09	79.38	87.63
Issuance of Common Stock	-	0.46	-	-
Repurchase of Common Stock	-1.44	-0.14	-	-
Common Dividends Paid	-15.73	-31.44	-8.37	-5.15
Other Financing Activities	0.57	14.57	6.54	0.44
Financing Cash Flow	95.04	144.53	77.55	82.92
Net Cash Flow	-3.13	-169.49	-67.8	2.91
Free Cash Flow	-121.76	-319.83	-79.23	-247.87
Free Cash Flow Margin	-19.59%	-39.50%	-9.21%	-23.66%
Free Cash Flow Per Share	-1.43	-3.76	-0.93	-2.92
Cash Income Tax Paid	11.69	43.52	46.86	42.54
Levered Free Cash Flow	-86.07	-87.08	-88.19	-381.35
Unlevered Free Cash Flow	-76.35	-82.3	-82.6	-377.57
Change in Working Capital	31.59	-126.79	-74.97	-176.57

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