SHA:688213 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	392.74	14.22	-82.75	398.33
Depreciation & Amortization	103.54	74.57	71.02	39.86
Other Amortization	92.11	68.69	36.27	27.1
Loss (Gain) From Sale of Assets	-0.61	0.66	-0.03	0.45
Asset Writedown & Restructuring Costs	90.16	103.35	57.44	9.5
Loss (Gain) From Sale of Investments	8.18	0.21	-16.98	-1.1
Stock-Based Compensation	124.43	14.8	15.58	15.58
Provision & Write-off of Bad Debts	-7.57	4.48	5.58	-
Other Operating Activities	77.75	55.33	175.19	11.63
Change in Accounts Receivable	517.8	-308.54	97.83	-1,156
Change in Inventory	-1,434	558.74	-1,739	-808.71
Change in Accounts Payable	396.53	217.71	-82.61	207.9
Operating Cash Flow	374.41	767.01	-1,524	-1,262
Operating Cash Flow Growth	-51.19%	-	-	-
Capital Expenditures	-547.77	-547.8	-118.98	-829.15
Sale of Property, Plant & Equipment	1.17	2.68	0.04	0.04
Cash Acquisitions	-0.02	-	-	100
Investment in Securities	21.57	-75.18	16.98	-110.9
Other Investing Activities	14.63	3.63	-	-
Investing Cash Flow	-510.43	-616.66	-101.96	-840.02
Long-Term Debt Issued	3,422	2,080	2,584	1,282
Long-Term Debt Repaid	-2,676	-2,236	-2,064	-244.96
Net Debt Issued (Repaid)	746.05	-155.64	520.03	1,037
Issuance of Common Stock	57.5	-	1,198	1.5
Repurchase of Common Stock	-20.04	-30.01	-	-
Common Dividends Paid	-141.98	-64.82	-50.96	-7.83
Other Financing Activities	-	-	-20.62	-7.26
Financing Cash Flow	641.53	-250.47	1,646	1,023
Foreign Exchange Rate Adjustments	2.77	2.94	23.63	-6.6
Net Cash Flow	508.29	-97.18	43.81	-1,085
Free Cash Flow	-173.36	219.21	-1,643	-2,091
Free Cash Flow Margin	-2.90%	7.67%	-66.17%	-77.75%
Free Cash Flow Per Share	-0.43	0.62	-4.37	-5.81
Cash Income Tax Paid	-255.71	-177.45	-212.67	-44.97
Levered Free Cash Flow	-347.88	134.2	-2,193	-1,715
Unlevered Free Cash Flow	-297.54	170.28	-2,157	-1,709
Change in Working Capital	-506.32	430.7	-1,785	-1,763

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