SHA:688345 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	-96.61	-33.78	110.19	125.79
Depreciation & Amortization	69.61	59.1	43.2	34.25
Other Amortization	5.2	3.12	2.62	1.64
Loss (Gain) From Sale of Assets	0.87	3.71	2.21	0.37
Asset Writedown & Restructuring Costs	0.41	0.47	0.25	9.97
Loss (Gain) From Sale of Investments	-1.04	-0.3	10.69	-
Provision & Write-off of Bad Debts	55.62	7.64	1.15	14.04
Other Operating Activities	57.4	95.78	15.75	25.98
Change in Accounts Receivable	39.08	-33.98	-111.7	-236.83
Change in Inventory	-80.98	113.03	44.87	-198.74
Change in Accounts Payable	16.98	-148.38	-173.31	255.77
Operating Cash Flow	31.36	41.12	-60.96	29.26
Operating Cash Flow Growth	-23.74%	-	-	-73.95%
Capital Expenditures	-151.99	-194.57	-356.22	-324.28
Sale of Property, Plant & Equipment	0.72	2.98	1.56	0.2
Divestitures	-5.13	3.43	-	-
Investment in Securities	-5.61	-29.65	-10.74	-30
Other Investing Activities	0.76	-	-	-
Investing Cash Flow	-161.25	-217.82	-365.4	-354.08
Short-Term Debt Issued	42.44	31.19	16.66	65.27
Long-Term Debt Issued	273	292.87	522.01	144.78
Total Debt Issued	315.44	324.06	538.67	210.05
Long-Term Debt Repaid	-344.49	-178.57	-169.93	-103.8
Total Debt Repaid	-344.49	-178.57	-169.93	-103.8
Net Debt Issued (Repaid)	-29.05	145.49	368.73	106.25
Issuance of Common Stock	17.37	-	-	605.37
Repurchase of Common Stock	-6	-	-	-
Common Dividends Paid	-10.12	-50.4	-25.43	-2.03
Other Financing Activities	5.41	-	-	-25.04
Financing Cash Flow	-22.39	95.09	343.31	684.56
Foreign Exchange Rate Adjustments	6.76	-4.9	-3.55	5.27
Net Cash Flow	-145.52	-86.5	-86.6	365.01
Free Cash Flow	-120.63	-153.45	-417.18	-295.01
Free Cash Flow Margin	-6.54%	-6.87%	-18.13%	-13.31%
Free Cash Flow Per Share	-1.21	-1.54	-4.16	-3.38
Cash Income Tax Paid	-27.55	-117.49	-121.7	-71.85
Levered Free Cash Flow	-58.56	119.44	-376.13	-353.44
Unlevered Free Cash Flow	-48.93	129.08	-368.5	-350.11
Change in Working Capital	-60.1	-94.61	-247.01	-182.76

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