Zhejiang Heda Technology 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	-5.64	-29.51	52.04	100.22
Depreciation & Amortization	11.19	11.44	8.13	6.45
Other Amortization	0.4	2	2.03	2.09
Loss (Gain) From Sale of Assets	-0.03	0	-	-
Asset Writedown & Restructuring Costs	0.01	0.01	17.02	12.59
Loss (Gain) From Sale of Investments	-9.26	-7.78	-8.84	0.15
Provision & Write-off of Bad Debts	38.62	16.75	-	-
Other Operating Activities	2.07	1.12	-0.67	-1.67
Change in Accounts Receivable	-40.86	15.39	-99.44	-134.39
Change in Inventory	28.18	-8.95	-14.06	-20.69
Change in Accounts Payable	-28.83	49.15	13.44	41.15
Change in Other Net Operating Assets	1.02	-	-	-
Operating Cash Flow	-11.33	36.79	-32.38	4.45
Operating Cash Flow Growth	-	-	-	-91.51%
Capital Expenditures	-9.28	-16.19	-38.15	-25.97
Sale of Property, Plant & Equipment	0.02	-	-	-
Investment in Securities	52.94	-69.44	-4.9	0.76
Other Investing Activities	5.59	5.3	-23.19	-
Investing Cash Flow	49.27	-80.33	-66.24	-25.21
Short-Term Debt Issued	37.42	17.56	4.01	11.56
Total Debt Issued	37.42	17.56	4.01	11.56
Short-Term Debt Repaid	-33.1	-6.17	-	-27.55
Long-Term Debt Repaid	-5.27	-4.98	-3.46	-4.33
Total Debt Repaid	-38.38	-11.15	-3.46	-31.88
Net Debt Issued (Repaid)	-0.96	6.41	0.55	-20.32
Issuance of Common Stock	7.63	-	-	303.02
Common Dividends Paid	-0.23	-16.36	-30.16	-0.56
Dividends Paid	-0.23	-16.36	-30.16	-0.56
Other Financing Activities	5.69	3.29	-0.71	-26.89
Financing Cash Flow	12.12	-6.67	-30.32	255.25
Foreign Exchange Rate Adjustments	0	-0	-	-
Net Cash Flow	50.06	-50.2	-128.94	234.49
Free Cash Flow	-20.62	20.6	-70.53	-21.52
Free Cash Flow Margin	-4.30%	6.01%	-14.99%	-4.24%
Free Cash Flow Per Share	-0.18	0.19	-0.65	-0.23
Cash Interest Paid	0.09	0.13	-	0.12
Cash Income Tax Paid	22.99	23	38.28	32.24
Levered Free Cash Flow	-7.97	26.27	-113.3	-55.37
Unlevered Free Cash Flow	-7.5	26.58	-113.09	-55.18
Change in Working Capital	-48.71	42.76	-102.09	-115.37

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