SHA:688411 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	647.84	578.12	177.27	11.26
Depreciation & Amortization	67.02	50.52	90.03	81.11
Other Amortization	17.39	7	5.59	6.1
Loss (Gain) From Sale of Assets	-0.33	-1.63	0.43	0.06
Asset Writedown & Restructuring Costs	63.58	58.85	18.24	3.9
Loss (Gain) From Sale of Investments	-12.57	-2.45	-18.82	22.84
Provision & Write-off of Bad Debts	149.6	86.72	58.99	9.09
Other Operating Activities	33.84	15.8	13.04	23.09
Change in Accounts Receivable	-1,617	-2,126	-1,895	-117.16
Change in Inventory	1,013	-145.78	-1,545	-593.36
Change in Accounts Payable	462.55	1,592	3,687	593.12
Change in Other Net Operating Assets	77.43	135	26.87	-
Operating Cash Flow	889.98	109.72	630.92	3.46
Operating Cash Flow Growth	711.14%	-82.61%	18114.45%	-
Capital Expenditures	-217.76	-186.29	-49.91	-46.26
Sale of Property, Plant & Equipment	6.09	14.9	0.47	0.05
Divestitures	-	27.76	25.65	6.4
Investment in Securities	-	-0.61	-205.89	-94
Other Investing Activities	-13.42	-	12.22	49.17
Investing Cash Flow	-225.1	-144.25	-217.47	-84.64
Short-Term Debt Issued	990.25	541.2	-	-
Long-Term Debt Issued	-	-	228.66	252.08
Total Debt Issued	990.25	541.2	228.66	252.08
Short-Term Debt Repaid	-534.21	-243.29	-	-
Long-Term Debt Repaid	-38.57	-17.29	-229.57	-307.71
Total Debt Repaid	-572.78	-260.58	-229.57	-307.71
Net Debt Issued (Repaid)	417.47	280.62	-0.92	-55.63
Issuance of Common Stock	-	-	-	901.7
Common Dividends Paid	-25.63	-10.48	-5.59	-14.6
Other Financing Activities	1.6	-2.92	-10.23	-49.77
Financing Cash Flow	393.44	267.22	-16.74	781.71
Foreign Exchange Rate Adjustments	1.06	-0.6	-0.2	-0
Net Cash Flow	1,059	232.09	396.52	700.53
Free Cash Flow	672.22	-76.57	581.01	-42.8
Free Cash Flow Margin	8.13%	-1.10%	22.13%	-5.11%
Free Cash Flow Per Share	4.93	-0.57	4.36	-0.34
Cash Income Tax Paid	244.34	309.02	109.2	47.3
Levered Free Cash Flow	-849.64	382.82	1,836	-52.13
Unlevered Free Cash Flow	-833.76	392.43	1,841	-39.84
Change in Working Capital	-76.37	-683.21	286.16	-153.98

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