Shengyi Electronics 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	331.97	-24.99	312.91	264.27
Depreciation & Amortization	327.58	287.56	252.76	230.87
Other Amortization	11.03	-	-	-
Loss (Gain) From Sale of Assets	7.76	0.17	1.57	-25.55
Asset Writedown & Restructuring Costs	0.02	0.04	7.61	2.21
Loss (Gain) From Sale of Investments	0.26	0.17	-	-
Provision & Write-off of Bad Debts	-0.91	2.9	-2.59	0.41
Other Operating Activities	92.54	129.35	120.51	91.51
Change in Accounts Receivable	-742.8	-54.9	121.59	-230.03
Change in Inventory	-604.73	-31.73	-39.76	-167.25
Change in Accounts Payable	776.73	157.21	-30.68	273.25
Change in Other Net Operating Assets	135.29	-	-	-
Operating Cash Flow	350.73	431.38	741.04	421.45
Operating Cash Flow Growth	-18.70%	-41.79%	75.83%	-49.73%
Capital Expenditures	-424.65	-618.86	-687.25	-982.99
Sale of Property, Plant & Equipment	9.77	34.39	1.74	31.34
Investment in Securities	-2	-22.5	-	-
Investing Cash Flow	-416.88	-606.97	-685.51	-951.65
Long-Term Debt Issued	1,648	1,106	1,253	1,182
Long-Term Debt Repaid	-1,394	-1,486	-967.98	-1,458
Net Debt Issued (Repaid)	253.66	-380.5	285.03	-275.85
Issuance of Common Stock	-	-	-	1,993
Repurchase of Common Stock	-150	-	-	-
Common Dividends Paid	-43.64	-187.68	-172.25	-314.49
Other Financing Activities	0.09	-0.02	-0.48	-12.14
Financing Cash Flow	60.11	-568.2	112.3	1,391
Foreign Exchange Rate Adjustments	1.27	-1.31	2.38	-3.08
Net Cash Flow	-4.78	-745.11	170.21	857.31
Free Cash Flow	-73.92	-187.48	53.79	-561.54
Free Cash Flow Margin	-1.58%	-5.73%	1.52%	-15.40%
Free Cash Flow Per Share	-0.09	-0.23	0.07	-0.70
Cash Income Tax Paid	-113.35	-51.24	-58.94	49.85
Levered Free Cash Flow	-389.63	-536.53	-205.21	-817.81
Unlevered Free Cash Flow	-361.94	-502.48	-176.18	-791.64
Change in Working Capital	-419.51	36.18	48.27	-142.26

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