SHA:688399 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	-2	-373.81	1,828	1,193
Depreciation & Amortization	57.01	78.91	93.97	41.33
Other Amortization	22.26	31.86	17.04	10.59
Loss (Gain) From Sale of Assets	-2.22	-3.73	-2.76	-3.21
Asset Writedown & Restructuring Costs	9.48	85.81	144.58	3.92
Loss (Gain) From Sale of Investments	-0.83	-10.37	-51.71	-29.45
Provision & Write-off of Bad Debts	-36.44	29.37	58.82	12.92
Other Operating Activities	22.67	116.6	204.78	5.74
Change in Accounts Receivable	16.85	636.9	-660.36	-253.88
Change in Inventory	11.13	33.96	-186.29	-91.1
Change in Accounts Payable	41.74	-733.66	578.54	96.95
Change in Other Net Operating Assets	0.03	-0.01	0	-0.37
Operating Cash Flow	145.93	-113.14	1,965	985.52
Operating Cash Flow Growth	-	-	99.37%	5.30%
Capital Expenditures	-62.86	-111.34	-350.74	-303.62
Sale of Property, Plant & Equipment	4.23	4.1	13.94	6.08
Investment in Securities	-814.4	567.93	-380.17	-450.39
Other Investing Activities	0.01	1.65	-0.92	-0.71
Investing Cash Flow	-873.01	462.35	-717.89	-748.63
Short-Term Debt Issued	442.5	313.98	153.16	149.85
Long-Term Debt Issued	-	-	0.01	-
Total Debt Issued	442.5	313.98	153.16	149.85
Short-Term Debt Repaid	-371.8	-242	-218.18	-50
Long-Term Debt Repaid	-8.18	-10.79	-11.82	-8.41
Total Debt Repaid	-379.98	-252.78	-230	-58.41
Net Debt Issued (Repaid)	62.52	61.19	-76.84	91.44
Repurchase of Common Stock	-150.2	-	-	-
Common Dividends Paid	-7.08	-6.04	-590.59	-325.44
Other Financing Activities	-	0.1	-	-
Financing Cash Flow	-94.76	55.26	-667.43	-234
Foreign Exchange Rate Adjustments	0.85	-1.27	0.76	-1.53
Net Cash Flow	-820.99	403.2	580.32	1.35
Free Cash Flow	83.06	-224.48	1,614	681.91
Free Cash Flow Growth	-	-	136.71%	-14.90%
Free Cash Flow Margin	23.76%	-55.68%	29.16%	24.02%
Free Cash Flow Per Share	0.84	-2.59	18.60	7.86
Cash Income Tax Paid	16.87	115.75	483.3	331.76
Levered Free Cash Flow	-10.8	-228.82	981.89	505.7
Unlevered Free Cash Flow	-5.96	-224.48	985.22	508.18
Change in Working Capital	76.01	-67.79	-327.76	-249.54

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