SHA:688389 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	345.39	328.58	251.48	190.35
Depreciation & Amortization	34.55	28.24	26.56	20.56
Other Amortization	2.52	0.98	0.78	0.74
Loss (Gain) From Sale of Assets	0.04	-0.05	0.21	0.13
Asset Writedown & Restructuring Costs	16.08	16.41	-	-
Loss (Gain) From Sale of Investments	-0.27	0.06	-0.79	-2.94
Provision & Write-off of Bad Debts	7.65	4.63	2.61	1.96
Other Operating Activities	-6.55	7.49	-21.85	8.17
Change in Accounts Receivable	-30.16	-98.44	-38.44	-50.75
Change in Inventory	-43.08	-22.42	-33.24	-43.28
Change in Accounts Payable	-43.38	49.3	78.69	52.79
Change in Other Net Operating Assets	7.02	7.11	8.04	2.19
Operating Cash Flow	296.47	303.82	271.71	182.07
Operating Cash Flow Growth	-2.42%	11.82%	49.24%	33.46%
Capital Expenditures	-62.02	-48.62	-183.62	-121.57
Sale of Property, Plant & Equipment	0.04	0.67	0.09	-
Cash Acquisitions	-	-4.45	-47.89	-11.55
Investment in Securities	3.24	-7.51	-302.47	-
Other Investing Activities	-	-0.06	0.79	2.94
Investing Cash Flow	-58.74	-59.97	-533.1	-130.18
Short-Term Debt Issued	900	375	212	-
Total Debt Issued	900	375	212	-
Short-Term Debt Repaid	-540	-267	-80.5	-2.1
Long-Term Debt Repaid	-0.32	-	-3.64	-2.88
Total Debt Repaid	-540.32	-267	-84.14	-4.98
Net Debt Issued (Repaid)	359.68	108	127.86	-4.98
Issuance of Common Stock	8.35	120.12	-	-
Common Dividends Paid	-125.06	-103.47	-75.15	-75.15
Other Financing Activities	20	-21.53	-	-2.84
Financing Cash Flow	262.97	103.12	52.71	-82.97
Foreign Exchange Rate Adjustments	8.09	5.17	21.45	-4.96
Net Cash Flow	508.8	352.15	-187.23	-36.05
Free Cash Flow	234.45	255.2	88.09	60.49
Free Cash Flow Growth	-8.13%	189.71%	45.62%	-26.53%
Free Cash Flow Margin	20.42%	22.27%	8.96%	7.77%
Free Cash Flow Per Share	0.55	0.60	0.21	0.14
Cash Income Tax Paid	115	93.45	38.69	15.72
Levered Free Cash Flow	105.39	144.46	-45.54	-12.96
Unlevered Free Cash Flow	108.36	146.17	-45.47	-12.84
Change in Working Capital	-102.94	-82.51	12.7	-36.91

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