SHA:688311 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	-271.65	-56.31	26.17	134.43
Depreciation & Amortization	67.29	70.29	48.09	20.63
Other Amortization	6.16	0.05	0.05	1.46
Loss (Gain) From Sale of Assets	18.73	-3.64	-0.01	-
Asset Writedown & Restructuring Costs	85.8	-	-	-
Loss (Gain) From Sale of Investments	-2.56	-0.82	-0.15	-6.27
Provision & Write-off of Bad Debts	38.57	20.31	11.93	19.69
Other Operating Activities	34.11	15.38	23.31	1.22
Change in Accounts Receivable	-89.16	22.79	-87.54	64.77
Change in Inventory	-11.56	-90.33	-96.98	-6.64
Change in Accounts Payable	-125.31	-45.86	131.99	-142.32
Change in Other Net Operating Assets	-3.28	-1.73	5.01	-
Operating Cash Flow	-302.45	-85.53	41.07	78.19
Operating Cash Flow Growth	-	-	-47.47%	13.17%
Capital Expenditures	-49.41	-137.27	-310.07	-194.03
Sale of Property, Plant & Equipment	0.09	14.3	13.53	-
Cash Acquisitions	-	-0.08	-	-72.36
Investment in Securities	-	2.02	-	506.25
Other Investing Activities	3.07	1.18	0.53	8.81
Investing Cash Flow	-46.25	-119.85	-296.02	248.67
Long-Term Debt Issued	30	75	65	106
Long-Term Debt Repaid	-90.97	-127.82	-70.38	-22.29
Net Debt Issued (Repaid)	-60.97	-52.82	-5.38	83.71
Issuance of Common Stock	-	-	8.8	0.08
Repurchase of Common Stock	-2.86	-3.87	-40.03	-
Common Dividends Paid	-4.21	-9.64	-48.7	-1.74
Other Financing Activities	-0.5	296.82	-	-
Financing Cash Flow	-68.54	230.49	-85.31	82.05
Foreign Exchange Rate Adjustments	0.01	-0.08	1.66	-1.43
Net Cash Flow	-417.24	25.02	-338.6	407.48
Free Cash Flow	-351.86	-222.8	-269	-115.85
Free Cash Flow Margin	-252.48%	-67.24%	-56.17%	-24.35%
Free Cash Flow Per Share	-2.20	-1.70	-1.75	-0.73
Cash Income Tax Paid	12.57	42.13	44.23	51.55
Levered Free Cash Flow	-191.12	-232.66	-307.32	-144.69
Unlevered Free Cash Flow	-181.49	-226.61	-302.22	-144.17
Change in Working Capital	-278.9	-130.79	-68.32	-92.97

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