SHA:688383 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	40.46	60.3	204.74	232.01
Depreciation & Amortization	44.44	45.03	33.86	21.81
Other Amortization	5.91	2.81	2.44	0.87
Loss (Gain) From Sale of Assets	-0.32	0.08	-0.02	-0.37
Asset Writedown & Restructuring Costs	3.11	3.08	2.7	0.01
Loss (Gain) From Sale of Investments	-	-0.45	-2.9	-2.01
Provision & Write-off of Bad Debts	9.54	21.73	28.87	33.93
Other Operating Activities	64.22	45.12	63.27	33.58
Change in Accounts Receivable	85.55	-238.89	-212.74	-374.27
Change in Inventory	-197.85	18	-190.78	-457.91
Change in Accounts Payable	99.55	48.72	-192.44	427.65
Operating Cash Flow	139.44	-0.96	-273.06	-96.07
Capital Expenditures	-129.17	-242.12	-53.04	-67
Sale of Property, Plant & Equipment	0.8	0.74	0.25	1.01
Cash Acquisitions	-	-	-	-43.37
Investment in Securities	-	12.93	158.54	-216.87
Other Investing Activities	-	0.21	4.07	3.09
Investing Cash Flow	-128.37	-228.24	109.81	-323.14
Short-Term Debt Issued	19.49	18.07	51.25	234.68
Long-Term Debt Issued	774.5	773.84	581.63	-
Total Debt Issued	793.98	791.91	632.88	234.68
Short-Term Debt Repaid	-	-	-	-176.65
Long-Term Debt Repaid	-709.83	-663.05	-201.16	-8.98
Total Debt Repaid	-709.83	-663.05	-201.16	-185.63
Net Debt Issued (Repaid)	84.16	128.87	431.72	49.05
Issuance of Common Stock	-	-	-	471.7
Repurchase of Common Stock	-16.99	-8	-45	-
Common Dividends Paid	-37.24	-55.95	-65.9	-6.73
Other Financing Activities	-	2.64	-0.04	-25.19
Financing Cash Flow	29.92	67.55	320.78	488.84
Foreign Exchange Rate Adjustments	0.04	0.02	0.5	-0.21
Net Cash Flow	41.02	-161.63	158.03	69.42
Free Cash Flow	10.26	-243.08	-326.1	-163.07
Free Cash Flow Margin	1.10%	-23.37%	-27.55%	-13.63%
Free Cash Flow Per Share	0.10	-2.38	-3.20	-1.74
Cash Income Tax Paid	46.42	73.33	92.93	63.86
Levered Free Cash Flow	37.28	-221.45	-349.16	-234.64
Unlevered Free Cash Flow	52.86	-204.5	-338.2	-231.29
Change in Working Capital	-27.91	-178.67	-606.03	-415.9

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