SHA:688550 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	251.72	134.18	246.54	239.78
Depreciation & Amortization	158.14	145.05	104.04	80.59
Other Amortization	0.42	0.42	0.42	0.42
Loss (Gain) From Sale of Assets	-	-	-0.01	-0.3
Asset Writedown & Restructuring Costs	1.47	2.49	5.68	2.42
Loss (Gain) From Sale of Investments	-6.43	-7.42	-11.8	-17.14
Provision & Write-off of Bad Debts	6.37	-2.72	-1.18	6.69
Other Operating Activities	26.93	11.09	-9.27	0.53
Change in Accounts Receivable	-4	12.78	-246.45	-210.77
Change in Inventory	-4.89	123.27	-97.48	-244.43
Change in Accounts Payable	-0.02	31.52	194.66	330.18
Change in Other Net Operating Assets	-	-1.11	-0.38	-0.68
Operating Cash Flow	418.85	449.35	193.63	179.27
Operating Cash Flow Growth	-6.79%	132.06%	8.01%	-6.56%
Capital Expenditures	-163	-268.03	-517.49	-405.77
Sale of Property, Plant & Equipment	0.02	0.04	1.54	0.01
Investment in Securities	-32.88	-204.7	660.47	-749.31
Other Investing Activities	17.64	14.4	25.21	51.29
Investing Cash Flow	-178.22	-458.29	169.74	-1,104
Short-Term Debt Issued	160	100	73.01	306.19
Total Debt Issued	160	100	73.01	306.19
Short-Term Debt Repaid	-160	-100	-379.71	-
Total Debt Repaid	-160	-100	-379.71	-
Net Debt Issued (Repaid)	-	-	-306.7	306.19
Issuance of Common Stock	-	7.98	11.92	-
Repurchase of Common Stock	-106.8	-40.39	-50.05	-
Common Dividends Paid	-81.33	-117.78	-120.55	-80.45
Dividends Paid	-81.33	-117.78	-120.55	-80.45
Other Financing Activities	0	-0.11	-	-
Financing Cash Flow	-188.12	-150.3	-465.38	225.74
Foreign Exchange Rate Adjustments	1.15	5.23	4.44	-3.83
Net Cash Flow	53.66	-154.02	-97.57	-702.6
Free Cash Flow	255.85	181.32	-323.85	-226.5
Free Cash Flow Growth	41.10%	-	-	-
Free Cash Flow Margin	17.54%	15.01%	-21.88%	-14.85%
Free Cash Flow Per Share	1.47	1.02	-1.82	-1.26
Cash Income Tax Paid	35.18	-6.15	-11.85	-20.14
Levered Free Cash Flow	156.35	64.68	-460.91	-230.39
Unlevered Free Cash Flow	156.73	64.96	-459.72	-230.04
Change in Working Capital	-19.78	166.25	-140.79	-133.73

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