SHA:688561 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	-1,379	71.75	57.63	-554.75
Depreciation & Amortization	294.35	355.54	349.78	302.4
Other Amortization	112.39	61.14	64.39	56.26
Loss (Gain) From Sale of Assets	-1.49	-0.55	-5.3	-0.69
Asset Writedown & Restructuring Costs	149.02	0.04	0.01	31.02
Loss (Gain) From Sale of Investments	-180.5	-89.74	-344.27	-151.65
Provision & Write-off of Bad Debts	576.62	452.99	322.92	204.04
Other Operating Activities	75.23	64.47	42.68	63.65
Change in Accounts Receivable	270.73	-2,183	-1,827	-2,074
Change in Inventory	66.46	-60.2	-4.79	-208.7
Change in Accounts Payable	-253.18	657.9	-17.89	752.36
Change in Other Net Operating Assets	3.78	-24.19	204.95	281.41
Operating Cash Flow	-341.66	-777.87	-1,261	-1,302
Capital Expenditures	-209.63	-112.26	-187.1	-249.98
Sale of Property, Plant & Equipment	1.72	1.03	1.8	1.06
Cash Acquisitions	-	-	-	-271.87
Divestitures	-	-	-	-1.45
Investment in Securities	19.66	-76.89	-66.6	-350.71
Other Investing Activities	0	3.23	6.06	66.91
Investing Cash Flow	-188.25	-184.89	-245.83	-806.05
Short-Term Debt Issued	418.97	367.45	11.18	2,135
Long-Term Debt Issued	2,073	1,592	1,576	29.47
Total Debt Issued	2,492	1,959	1,587	2,164
Short-Term Debt Repaid	-612.96	-11.18	-	-
Long-Term Debt Repaid	-1,652	-500.58	-1,514	-2,370
Total Debt Repaid	-2,265	-511.76	-1,514	-2,370
Net Debt Issued (Repaid)	226.18	1,447	73.2	-206.19
Issuance of Common Stock	-	151.06	1.59	120.84
Repurchase of Common Stock	-	-	-152.01	-
Common Dividends Paid	-55.11	-30.66	-	-30.1
Other Financing Activities	1.23	-	-16.66	-93.03
Financing Cash Flow	172.29	1,568	-93.89	-208.47
Foreign Exchange Rate Adjustments	0.64	-	-	-
Net Cash Flow	-356.99	604.99	-1,601	-2,316
Free Cash Flow	-551.3	-890.13	-1,448	-1,552
Free Cash Flow Margin	-12.68%	-13.82%	-23.27%	-26.72%
Free Cash Flow Per Share	-0.81	-1.24	-2.01	-2.29
Cash Interest Paid	-	-	16.66	-
Cash Income Tax Paid	246.56	231.19	186.88	133.84
Levered Free Cash Flow	-69.38	-665.54	-1,314	-1,433
Unlevered Free Cash Flow	-25.76	-634.35	-1,293	-1,414
Change in Working Capital	12.09	-1,694	-1,749	-1,252

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