SHA:688370 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	90.02	88.36	174.97	189.28
Depreciation & Amortization	105.97	104.99	89.2	75.81
Other Amortization	1.53	2.28	0.54	0.87
Loss (Gain) From Sale of Assets	0.06	0.49	-2.4	-0.43
Asset Writedown & Restructuring Costs	0.3	20.4	0.51	0.47
Loss (Gain) From Sale of Investments	-32.64	-33.1	-8.94	-8.71
Provision & Write-off of Bad Debts	3.19	17.91	8.13	-0.14
Other Operating Activities	-0.79	-11.67	4.49	2.72
Change in Accounts Receivable	67.51	-7.04	-63.3	-4.28
Change in Inventory	-12.17	-14	-0.19	-2.02
Change in Accounts Payable	-19.12	34.54	7.52	3.74
Change in Other Net Operating Assets	13.17	14	14.34	10.81
Operating Cash Flow	218.63	218.37	221.91	261.31
Operating Cash Flow Growth	0.12%	-1.59%	-15.08%	-0.19%
Capital Expenditures	-30.19	-65.93	-112.66	-239.21
Sale of Property, Plant & Equipment	0.06	0.06	5.94	0.47
Cash Acquisitions	-	-	-	-10.49
Investment in Securities	-230	-109.25	-35	55
Other Investing Activities	22.91	31.75	8.18	7
Investing Cash Flow	-237.22	-143.38	-133.55	-187.24
Long-Term Debt Issued	130.13	71.43	131.86	298.88
Long-Term Debt Repaid	-177.36	-257.08	-180.01	-135.88
Net Debt Issued (Repaid)	-47.24	-185.65	-48.15	163
Issuance of Common Stock	-	-	1,458	-
Repurchase of Common Stock	-20.38	-	-	-
Common Dividends Paid	-63.43	-348.61	-29.65	-119.47
Other Financing Activities	-16	-	-23.08	-
Financing Cash Flow	-147.05	-534.26	1,357	43.53
Foreign Exchange Rate Adjustments	-	-	-0	-
Net Cash Flow	-165.64	-459.27	1,446	117.6
Free Cash Flow	188.44	152.43	109.24	22.1
Free Cash Flow Growth	23.62%	39.54%	394.28%	-43.52%
Free Cash Flow Margin	31.65%	24.01%	14.90%	3.31%
Free Cash Flow Per Share	1.36	1.10	0.95	0.21
Cash Income Tax Paid	55.25	61.35	60.88	69.47
Levered Free Cash Flow	105.65	52.37	21.79	-41.48
Unlevered Free Cash Flow	115.17	64.67	28.16	-34.94
Change in Working Capital	50.98	28.7	-44.6	1.44

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