SHA:688429 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	-648.95	176.9	293.15	90.75
Depreciation & Amortization	161.19	92.37	89.58	42.58
Other Amortization	12.64	0.67	0.12	0.49
Loss (Gain) From Sale of Assets	0.24	0.22	0.15	0.06
Asset Writedown & Restructuring Costs	-	-	0	-
Loss (Gain) From Sale of Investments	41.8	-14.5	-8.49	-2.09
Provision & Write-off of Bad Debts	-3.29	3.92	-5.88	17.17
Other Operating Activities	373.89	24.01	25.41	46.97
Change in Accounts Receivable	-82.49	-376.98	-373.38	-504.65
Change in Inventory	-97.03	27.96	144.64	-282.67
Change in Accounts Payable	-82.07	-170.43	391.95	321.06
Change in Other Net Operating Assets	66.33	63.95	58.89	45.33
Operating Cash Flow	-388.23	-177.7	613.98	-232.14
Capital Expenditures	-351.15	-65.78	-67.98	-253.07
Sale of Property, Plant & Equipment	0.78	0.1	0.39	0.18
Investment in Securities	-85.6	209.3	-407	-29
Other Investing Activities	404.56	-488.21	17.49	-5.45
Investing Cash Flow	-31.41	-344.58	-457.1	-287.35
Short-Term Debt Issued	-	-	-	200
Long-Term Debt Issued	563.41	334.51	19.4	202
Total Debt Issued	563.41	334.51	19.4	402
Short-Term Debt Repaid	-	-	-	-200
Long-Term Debt Repaid	-258.65	-6.02	-151.57	-52.64
Total Debt Repaid	-258.65	-6.02	-151.57	-252.64
Net Debt Issued (Repaid)	304.76	328.5	-132.17	149.36
Issuance of Common Stock	-	724.24	-	400
Repurchase of Common Stock	-33.31	-	-	-
Common Dividends Paid	-31.32	-0.08	-8.28	-14.17
Other Financing Activities	-	-25.41	2.2	-0.2
Financing Cash Flow	240.13	1,027	-138.25	534.99
Foreign Exchange Rate Adjustments	0.93	0.82	-0.7	-0.46
Net Cash Flow	-178.59	505.78	17.92	15.05
Free Cash Flow	-739.38	-243.48	545.99	-485.21
Free Cash Flow Margin	-104.03%	-14.07%	22.80%	-68.13%
Free Cash Flow Per Share	-1.86	-0.65	1.51	-1.37
Cash Income Tax Paid	8.21	101.71	23.87	8.58
Levered Free Cash Flow	-52.88	-92.95	416.28	-13.95
Unlevered Free Cash Flow	-26.33	-92.5	419.28	-10.42
Change in Working Capital	-325.75	-461.3	219.93	-428.08

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