SHA:688659 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	-60.86	-25.38	6.19	70.45
Depreciation & Amortization	43.93	38.44	31.04	22.99
Other Amortization	3.14	1.71	1.09	2.04
Loss (Gain) From Sale of Assets	1.81	1.96	-0.03	-
Asset Writedown & Restructuring Costs	21.08	8.1	9.93	3.39
Loss (Gain) From Sale of Investments	-1.93	-1.94	-3.02	-3.33
Provision & Write-off of Bad Debts	13.2	10.04	9.43	6.62
Other Operating Activities	22.4	19.59	7.4	3.67
Change in Accounts Receivable	-46.76	-37.69	-93.39	-122.13
Change in Inventory	-0.22	-0.79	25.02	-48.95
Change in Accounts Payable	37.54	21.56	-40.5	155.79
Change in Other Net Operating Assets	-18.24	12.27	7.98	-26.14
Operating Cash Flow	17.14	40.19	-43.78	63.37
Operating Cash Flow Growth	-57.34%	-	-	-14.78%
Capital Expenditures	-18.6	-68.29	-234.41	-69.92
Sale of Property, Plant & Equipment	18.89	0.62	-	-
Investment in Securities	-4	-5.88	49.51	-145.03
Other Investing Activities	4.31	0.46	-	3
Investing Cash Flow	0.6	-73.09	-184.9	-211.96
Long-Term Debt Issued	342.68	399.3	316.69	35.29
Long-Term Debt Repaid	-310.16	-256.8	-47.58	-54.52
Net Debt Issued (Repaid)	32.51	142.51	269.11	-19.23
Issuance of Common Stock	-	-	-	227.92
Repurchase of Common Stock	-8	-	-	-
Common Dividends Paid	-14.22	-16.48	-25.96	-21.57
Other Financing Activities	-42.88	-78.58	-4.35	-34.99
Financing Cash Flow	-32.6	47.45	238.8	152.13
Foreign Exchange Rate Adjustments	0.6	0.99	-0.01	-0.12
Net Cash Flow	-14.25	15.53	10.11	3.42
Free Cash Flow	-1.45	-28.11	-278.19	-6.55
Free Cash Flow Margin	-0.23%	-5.36%	-48.04%	-1.31%
Free Cash Flow Per Share	-0.01	-0.18	-1.80	-0.04
Cash Income Tax Paid	21.3	8.67	9.11	27.15
Levered Free Cash Flow	26.65	-11.41	-284.06	27.62
Unlevered Free Cash Flow	35.51	-2.25	-279.59	29.79
Change in Working Capital	-25.64	-12.33	-105.81	-42.46

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