SHA:688179 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	98.76	85.83	92.77	89.36
Depreciation & Amortization	36.23	28.71	19.44	12.83
Other Amortization	5.76	1.46	1.06	0.35
Loss (Gain) From Sale of Assets	-0	0.05	-0.19	0.06
Asset Writedown & Restructuring Costs	0.1	0.08	-	1.8
Loss (Gain) From Sale of Investments	-0.61	-1.47	-1.3	-3.99
Provision & Write-off of Bad Debts	1.13	0.16	1.32	0.34
Other Operating Activities	33.48	9.05	3.21	0.09
Change in Accounts Receivable	4.88	16.07	-50.65	-18.25
Change in Inventory	-56.34	-67.7	-192.98	-80.87
Change in Accounts Payable	22.91	-14.97	84.35	10.5
Change in Other Net Operating Assets	-	-	-	2.77
Operating Cash Flow	151.52	55.79	-43.26	15
Operating Cash Flow Growth	171.59%	-	-	-81.57%
Capital Expenditures	-35.52	-45.68	-61.97	-113.38
Sale of Property, Plant & Equipment	0	0	0.16	0
Cash Acquisitions	-83.68	-	-	-
Investment in Securities	-58	-22.5	-	161.54
Other Investing Activities	0.66	0.43	-	4.41
Investing Cash Flow	-176.55	-67.75	-61.81	52.57
Long-Term Debt Issued	67.58	2.05	375.78	-
Total Debt Issued	67.58	2.05	375.78	-
Long-Term Debt Repaid	-19.45	-15.2	-13.7	-7.22
Total Debt Repaid	-19.45	-15.2	-13.7	-7.22
Net Debt Issued (Repaid)	48.13	-13.15	362.07	-7.22
Issuance of Common Stock	-	10.68	1.22	-
Common Dividends Paid	-62.94	-35.38	-40.38	-50.47
Dividends Paid	-62.94	-35.38	-40.38	-50.47
Other Financing Activities	-12.2	-0.16	-2.77	-0.84
Financing Cash Flow	-27.01	-38.01	320.14	-58.52
Foreign Exchange Rate Adjustments	0.13	0.12	0.31	-0.08
Net Cash Flow	-51.92	-49.86	215.39	8.97
Free Cash Flow	115.99	10.11	-105.23	-98.38
Free Cash Flow Growth	1047.62%	-	-	-
Free Cash Flow Margin	21.74%	2.51%	-27.83%	-34.20%
Free Cash Flow Per Share	0.34	0.03	-0.30	-0.30
Cash Interest Paid	-	-	-	0.09
Cash Income Tax Paid	75.44	33.52	30.22	38.06
Levered Free Cash Flow	74.82	-53.67	-151.44	-133.15
Unlevered Free Cash Flow	79.37	-49.48	-148.52	-132.89
Change in Working Capital	-23.35	-68.07	-159.58	-85.83

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