SHA:688600 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	14.41	43.81	47.81	47.48
Depreciation & Amortization	20.63	21.6	16.99	14.39
Other Amortization	3.16	1.42	0.7	0.17
Loss (Gain) From Sale of Assets	-0.04	0.02	0.09	0.11
Asset Writedown & Restructuring Costs	0.2	0.45	0.26	1.19
Loss (Gain) From Sale of Investments	-6.52	-7.85	-10.5	-16.4
Provision & Write-off of Bad Debts	-1.64	4.88	9.05	2.43
Other Operating Activities	15.32	10.28	10.89	1.06
Change in Accounts Receivable	18.97	-42.78	-116.12	-21.94
Change in Inventory	20.13	-34.24	-4.05	-169.17
Change in Accounts Payable	-65.38	97.95	49.08	118.46
Change in Other Net Operating Assets	-	-	0.18	1.02
Operating Cash Flow	32.19	97.42	-2.07	-30.68
Operating Cash Flow Growth	-66.96%	-	-	-
Capital Expenditures	-50.72	-67.27	-86.1	-53.3
Sale of Property, Plant & Equipment	0.06	0.03	1.48	0.38
Divestitures	-	-	-1.49	-
Investment in Securities	117.8	-18.3	10.56	-30.56
Other Investing Activities	10.5	7.51	11.34	13.6
Investing Cash Flow	77.64	-78.04	-64.2	-69.88
Short-Term Debt Issued	70	20	15	-
Total Debt Issued	70	20	15	-
Short-Term Debt Repaid	-60	-	-10	-
Long-Term Debt Repaid	-1.52	-2.46	-2.57	-2.29
Total Debt Repaid	-61.52	-2.46	-12.57	-2.29
Net Debt Issued (Repaid)	8.48	17.54	2.43	-2.29
Issuance of Common Stock	2.73	2.43	2.43	-
Repurchase of Common Stock	-56.78	-47.19	-	-
Common Dividends Paid	-26.91	-27.04	-26.76	-33.34
Other Financing Activities	-1.8	1.97	-0.55	1.7
Financing Cash Flow	-74.28	-52.29	-22.45	-33.92
Net Cash Flow	35.55	-32.91	-88.72	-134.48
Free Cash Flow	-18.53	30.15	-88.17	-83.98
Free Cash Flow Margin	-2.50%	3.83%	-13.05%	-14.93%
Free Cash Flow Per Share	-0.14	0.23	-0.66	-0.62
Cash Income Tax Paid	22.29	17.8	16.94	16.35
Levered Free Cash Flow	-26.42	-4.53	-117.91	-103.22
Unlevered Free Cash Flow	-25.61	-4.31	-117.74	-103.11
Change in Working Capital	-13.33	22.81	-77.36	-81.12

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