SHA:688225 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	9.59	-291.08	98.48	178.69
Depreciation & Amortization	79.79	71.89	62.88	43.79
Other Amortization	46.04	8.94	5.58	4.6
Loss (Gain) From Sale of Assets	0.67	0.25	0.26	-0.02
Asset Writedown & Restructuring Costs	0.85	0.71	-	-
Loss (Gain) From Sale of Investments	-18.05	-26.1	-81.52	-53.59
Provision & Write-off of Bad Debts	42.78	59.4	21.99	17.14
Other Operating Activities	424.77	24.42	16.3	40
Change in Accounts Receivable	-500.89	-269.63	-385.06	-267.56
Change in Inventory	418.51	-53.8	-36.29	16.82
Change in Accounts Payable	629.68	72.93	-22.66	125.71
Change in Other Net Operating Assets	33.83	42.23	54.86	50.03
Operating Cash Flow	1,145	-379.34	-260.71	143.65
Operating Cash Flow Growth	-	-	-	-29.95%
Capital Expenditures	-37.34	-44.04	-47.96	-52.2
Sale of Property, Plant & Equipment	0.09	0.06	0.02	0.03
Cash Acquisitions	-728.45	-295.84	-	-
Investment in Securities	-202.2	-125	-20	-49.64
Other Investing Activities	7.74	33.52	37.39	26.19
Investing Cash Flow	-960.17	-431.3	-30.55	-75.62
Long-Term Debt Issued	1,078	210.15	-	-
Total Debt Issued	1,078	210.15	-	-
Long-Term Debt Repaid	-437.86	-29.17	-38.79	-31.34
Total Debt Repaid	-437.86	-29.17	-38.79	-31.34
Net Debt Issued (Repaid)	640.59	180.98	-38.79	-31.34
Issuance of Common Stock	-	-	1,147	-
Repurchase of Common Stock	-73.76	-270.01	-	-
Common Dividends Paid	-11.87	-9.87	-56	-
Other Financing Activities	602.53	-28.48	-27.52	-
Financing Cash Flow	1,157	-127.39	1,025	-31.34
Foreign Exchange Rate Adjustments	1.5	-0.14	0.51	-0.25
Net Cash Flow	1,344	-938.16	734.39	36.44
Free Cash Flow	1,108	-423.37	-308.67	91.45
Free Cash Flow Growth	-	-	-	-49.65%
Free Cash Flow Margin	30.82%	-26.33%	-17.94%	5.48%
Free Cash Flow Per Share	2.87	-1.06	-0.78	0.25
Cash Income Tax Paid	140.17	63.01	61.14	90.46
Levered Free Cash Flow	-1,834	-363.32	-323.24	28.53
Unlevered Free Cash Flow	-1,809	-359.72	-320.34	33.35
Change in Working Capital	558.97	-227.77	-384.69	-78.86

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