SHA:688669 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	-236.15	28.58	44.62	83.08
Depreciation & Amortization	182.91	142.83	130.62	55.42
Other Amortization	35.36	17.8	22.07	9.43
Loss (Gain) From Sale of Assets	-3.5	-0.22	2.27	-0.12
Asset Writedown & Restructuring Costs	54.8	12.27	0.18	70.58
Loss (Gain) From Sale of Investments	39.28	-55.18	0.68	-72.63
Provision & Write-off of Bad Debts	13.67	8.76	10.06	7.95
Other Operating Activities	-72.39	96.12	83.89	48.57
Change in Accounts Receivable	55.06	-74.9	-257.68	-371.66
Change in Inventory	-49.1	-152.09	-103.97	-237.17
Change in Accounts Payable	387.23	227.85	170.05	452.78
Operating Cash Flow	403.93	246.17	87.06	42.44
Operating Cash Flow Growth	64.09%	182.76%	105.15%	-35.99%
Capital Expenditures	-422.82	-495.25	-425.39	-419.64
Sale of Property, Plant & Equipment	2.61	3.17	5.8	1.46
Cash Acquisitions	-	-	-	-138.97
Divestitures	-	-	7.87	-
Investment in Securities	-81.38	-158.53	-21.15	-179.49
Other Investing Activities	2	0.61	-43.97	70.61
Investing Cash Flow	-499.59	-649.99	-476.84	-666.01
Short-Term Debt Issued	-	138.2	33.57	41.26
Long-Term Debt Issued	1,496	1,636	1,455	852.56
Total Debt Issued	1,496	1,774	1,488	893.82
Long-Term Debt Repaid	-1,532	-1,370	-1,088	-696.23
Total Debt Repaid	-1,532	-1,370	-1,088	-696.23
Net Debt Issued (Repaid)	-36.31	404.79	400.36	197.59
Issuance of Common Stock	-	-	-	817.44
Common Dividends Paid	-128.73	-77.51	-79.15	-49.54
Other Financing Activities	188.45	-3.89	-98.85	-78.87
Financing Cash Flow	23.4	323.39	222.35	886.62
Foreign Exchange Rate Adjustments	4.94	-7.37	16.46	0.52
Net Cash Flow	-67.32	-87.81	-150.97	263.57
Free Cash Flow	-18.89	-249.08	-338.33	-377.2
Free Cash Flow Margin	-0.46%	-6.76%	-8.66%	-14.84%
Free Cash Flow Per Share	-0.16	-2.00	-2.80	-3.18
Cash Interest Paid	-	-	-	7.76
Cash Income Tax Paid	55.14	0.85	-10.99	19.07
Levered Free Cash Flow	-233.62	-354.39	-361.05	-559.94
Unlevered Free Cash Flow	-171.84	-309.47	-321.53	-537.02
Change in Working Capital	389.95	-4.79	-207.34	-159.85

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