SHA:688499 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	-1,044	-188.02	289.52	212.34
Depreciation & Amortization	181	190.05	141	73.97
Other Amortization	49.35	70.77	55.04	20.51
Loss (Gain) From Sale of Assets	19.53	13.7	-	0.03
Asset Writedown & Restructuring Costs	9.87	-0.5	9.32	0.26
Loss (Gain) From Sale of Investments	-2.37	-7.8	-8.01	-4.45
Provision & Write-off of Bad Debts	191.67	83.79	53.98	18.55
Other Operating Activities	244.24	254.65	107.11	45.1
Change in Accounts Receivable	406.96	-1,372	-916.7	-307.22
Change in Inventory	484.37	-187.36	-1,466	-686.45
Change in Accounts Payable	-363.82	-145.92	1,872	643.31
Change in Unearned Revenue	22.44	69.17	-0.14	-
Change in Other Net Operating Assets	22.77	49.74	108.86	-
Operating Cash Flow	68.72	-1,264	218.76	12.3
Operating Cash Flow Growth	-	-	1679.13%	-
Capital Expenditures	-128.07	-271.83	-402.78	-338.06
Sale of Property, Plant & Equipment	2.2	0.07	0.15	0.3
Cash Acquisitions	-	-	-9.62	-
Investment in Securities	138.74	-124.02	-150.34	-195.47
Other Investing Activities	5.41	8.39	7.22	-
Investing Cash Flow	18.28	-387.4	-555.37	-533.22
Short-Term Debt Issued	468.34	-	-	-
Long-Term Debt Issued	640.61	1,301	830.8	688.72
Total Debt Issued	1,109	1,301	830.8	688.72
Long-Term Debt Repaid	-1,031	-529.77	-643.21	-370.38
Net Debt Issued (Repaid)	77.96	771.67	187.59	318.35
Issuance of Common Stock	-	-	36.14	791.73
Common Dividends Paid	-80.2	-93.62	-59.77	-49.59
Other Financing Activities	-	-	939.93	-26.49
Financing Cash Flow	-2.24	678.04	1,104	1,034
Foreign Exchange Rate Adjustments	2.59	-1.07	-1.93	-1.59
Net Cash Flow	87.36	-974.11	765.35	511.48
Free Cash Flow	-59.35	-1,536	-184.02	-325.76
Free Cash Flow Margin	-2.39%	-30.75%	-4.38%	-13.97%
Free Cash Flow Per Share	-0.46	-13.88	-1.49	-3.00
Cash Income Tax Paid	56.58	121.19	86.89	53.5
Levered Free Cash Flow	356.85	-1,280	133.52	-263.73
Unlevered Free Cash Flow	418.83	-1,231	162.54	-250.25
Change in Working Capital	419.58	-1,680	-429.21	-354.02

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