SHA:688271 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	1,262	1,974	1,656	1,417
Depreciation & Amortization	407.3	345.65	278.21	247.95
Other Amortization	17.05	12.11	9.43	9.57
Loss (Gain) From Sale of Assets	0.87	-0.01	0	0.65
Asset Writedown & Restructuring Costs	0.55	0.4	0.14	1.23
Loss (Gain) From Sale of Investments	-134.58	-109.78	-35.66	-47.63
Stock-Based Compensation	67.76	56.49	35.34	27.26
Provision & Write-off of Bad Debts	140.2	57.73	94.57	20.19
Other Operating Activities	-54.75	68.98	-98.63	-139.88
Change in Accounts Receivable	-1,332	-1,349	-1,287	-528.67
Change in Inventory	-1,621	-476.34	-1,300	-467.14
Change in Accounts Payable	648.66	-450.17	1,464	398.06
Change in Other Net Operating Assets	16.43	80.17	-82.68	12.94
Operating Cash Flow	-619.02	132.51	682.81	942.45
Operating Cash Flow Growth	-	-80.59%	-27.55%	-71.53%
Capital Expenditures	-1,946	-1,076	-741.34	-346.74
Sale of Property, Plant & Equipment	0.09	0.13	1.72	4.84
Cash Acquisitions	-10.35	-45	-	-
Divestitures	-	-	-	0.02
Investment in Securities	602.22	-588.66	-3,993	42.8
Other Investing Activities	109.48	144.52	43.89	44.64
Investing Cash Flow	-1,244	-1,565	-4,689	-254.44
Short-Term Debt Issued	554.98	17.31	17.24	30
Total Debt Issued	554.98	17.31	17.24	30
Short-Term Debt Repaid	-9.46	-13.17	-32.21	-585.68
Long-Term Debt Repaid	-37.19	-25.96	-19.33	-14.79
Total Debt Repaid	-46.64	-39.12	-51.54	-600.47
Net Debt Issued (Repaid)	508.34	-21.81	-34.3	-570.47
Issuance of Common Stock	85.73	1.3	10,795	43.21
Repurchase of Common Stock	-81.75	-484.66	-	-
Common Dividends Paid	-303.6	-165.95	-0.96	-8.11
Other Financing Activities	-9.75	8.95	-31.68	-400
Financing Cash Flow	198.97	-662.17	10,729	-935.36
Foreign Exchange Rate Adjustments	1.58	-0.66	30.56	-4.29
Net Cash Flow	-1,663	-2,095	6,753	-251.64
Free Cash Flow	-2,565	-943.31	-58.52	595.72
Free Cash Flow Growth	-	-	-	-77.15%
Free Cash Flow Margin	-24.90%	-8.27%	-0.63%	8.21%
Free Cash Flow Per Share	-3.13	-1.15	-0.08	0.82
Cash Income Tax Paid	382.74	547.14	381.09	239.93
Levered Free Cash Flow	-3,203	-1,526	-282.58	211.22
Unlevered Free Cash Flow	-3,202	-1,526	-278.56	213.28
Change in Working Capital	-2,325	-2,273	-1,257	-594.07

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