SHA:688484 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	306.75	261.36	246.21	244.03
Depreciation & Amortization	33.8	28.56	14.23	6.47
Other Amortization	6.71	4.12	11.29	3.03
Loss (Gain) From Sale of Assets	-0.28	-0.24	-0.06	-0.03
Asset Writedown & Restructuring Costs	-	0	0.01	-
Loss (Gain) From Sale of Investments	-4.41	-0.47	-0.83	-1.07
Provision & Write-off of Bad Debts	-0.09	1.07	-0.86	1.63
Other Operating Activities	32.71	8.66	7.15	8
Change in Accounts Receivable	158.32	166.07	-589.7	-235.34
Change in Inventory	-130.09	-201.76	-144	-193.5
Change in Accounts Payable	-65.84	-126.47	796.5	68.53
Change in Other Net Operating Assets	108.6	62.4	14.88	15.71
Operating Cash Flow	443.32	208.17	349.91	-82.54
Operating Cash Flow Growth	112.97%	-40.51%	-	-
Capital Expenditures	-88.66	-305.48	-47.75	-33.22
Sale of Property, Plant & Equipment	0.26	0.24	0	0.09
Investment in Securities	-1,164	146.72	-141.47	-3
Other Investing Activities	3.34	0.5	0.47	1.74
Investing Cash Flow	-1,249	-158.01	-188.74	-34.39
Short-Term Debt Issued	0.22	-	301	10
Total Debt Issued	0.22	-	301	10
Short-Term Debt Repaid	-0.22	-301	-10	-6
Long-Term Debt Repaid	-8.33	-15.26	-12.77	-2.67
Total Debt Repaid	-8.55	-316.26	-22.77	-8.67
Net Debt Issued (Repaid)	-8.33	-316.26	278.23	1.33
Issuance of Common Stock	33.18	2,401	-	307.92
Repurchase of Common Stock	-50.01	-	-	-
Common Dividends Paid	-160.78	-86.75	-100.27	-0.16
Other Financing Activities	86.87	239.91	-363.19	-1.03
Financing Cash Flow	-99.07	2,238	-185.23	308.08
Foreign Exchange Rate Adjustments	11.96	5.37	25.96	-1.83
Net Cash Flow	-892.59	2,293	1.9	189.32
Free Cash Flow	354.67	-97.31	302.17	-115.76
Free Cash Flow Margin	13.81%	-5.47%	23.23%	-11.76%
Free Cash Flow Per Share	0.83	-0.23	0.83	-0.34
Cash Income Tax Paid	-87.93	-31.01	-34.77	-15.83
Levered Free Cash Flow	194.19	-248.35	202.95	-202.99
Unlevered Free Cash Flow	194.43	-246.56	203.94	-202.76
Change in Working Capital	68.13	-94.88	72.79	-344.59

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