SHA:688646 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	24.33	101.12	93.89	42.19
Depreciation & Amortization	13.37	6.91	4.6	1.15
Other Amortization	0.54	-	-	4.55
Loss (Gain) From Sale of Assets	0	-0.03	0.06	-0.02
Asset Writedown & Restructuring Costs	0.01	0.09	-	0.05
Loss (Gain) From Sale of Investments	-25.07	-13	-6.47	-0.74
Provision & Write-off of Bad Debts	40.49	21.48	18.31	8.74
Other Operating Activities	21.48	7.54	3.32	8.6
Change in Accounts Receivable	-604.52	-43.36	-162.34	-147.9
Change in Inventory	23.52	16.54	-191.13	40.24
Change in Accounts Payable	421.53	-136.05	291.05	61.74
Change in Other Net Operating Assets	2.46	2.55	2.51	0.26
Operating Cash Flow	-101.66	-37.28	54.9	20.29
Operating Cash Flow Growth	-	-	170.61%	-
Capital Expenditures	-123.68	-85.63	-52.97	-68.31
Sale of Property, Plant & Equipment	0.24	0.06	-	0.2
Cash Acquisitions	-18.83	-	-	-
Investment in Securities	176.27	-734.47	-170.05	-93.97
Other Investing Activities	16.14	13.65	3.98	0.59
Investing Cash Flow	50.13	-806.4	-219.04	-161.48
Short-Term Debt Issued	57.44	70	-	2
Long-Term Debt Issued	-	-	148	85
Total Debt Issued	57.44	70	148	87
Short-Term Debt Repaid	-40	-167	-	-
Long-Term Debt Repaid	-0.46	-0.09	-68.82	-40.2
Total Debt Repaid	-40.46	-167.09	-68.82	-40.2
Net Debt Issued (Repaid)	16.98	-97.09	79.18	46.8
Issuance of Common Stock	-	1,021	-	199.68
Repurchase of Common Stock	-83.09	-	-	-
Common Dividends Paid	-45.22	-2.69	-1.73	-3.59
Other Financing Activities	92.85	101.02	-1.56	-12
Financing Cash Flow	-18.48	1,023	75.89	230.88
Foreign Exchange Rate Adjustments	-0.24	-0.01	0.23	-0.02
Net Cash Flow	-70.24	179	-88.02	89.67
Free Cash Flow	-225.34	-122.91	1.93	-48.02
Free Cash Flow Margin	-32.56%	-17.63%	0.36%	-12.11%
Free Cash Flow Per Share	-2.41	-1.51	0.03	-0.77
Cash Income Tax Paid	18.3	25.98	27.37	21.12
Levered Free Cash Flow	-178.72	-214.68	-40.12	-81.11
Unlevered Free Cash Flow	-177.43	-213.04	-39.36	-78.87
Change in Working Capital	-176.8	-161.39	-58.8	-44.24

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