SHA:688685 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	45.54	15.25	42.47	50.96
Depreciation & Amortization	48.95	31.65	30.3	25.56
Other Amortization	6.66	1.22	1.56	0.44
Loss (Gain) From Sale of Assets	0.66	1.52	-0.07	-0.4
Asset Writedown & Restructuring Costs	0.07	0.08	-	2.29
Loss (Gain) From Sale of Investments	0.04	0.04	-	0.4
Provision & Write-off of Bad Debts	31.73	0.32	1.2	1.46
Other Operating Activities	37.8	5.75	3.82	1.96
Change in Accounts Receivable	-549.39	8.53	-30.7	20.01
Change in Inventory	16.21	-38.77	2.75	0.29
Change in Accounts Payable	145.91	3.27	11.47	16.34
Change in Other Net Operating Assets	10.93	-1.35	-0.79	-1.01
Operating Cash Flow	-216.55	26.78	62.42	118.3
Operating Cash Flow Growth	-	-57.10%	-47.23%	94.94%
Capital Expenditures	-613.51	-176.3	-76.6	-38.05
Sale of Property, Plant & Equipment	2.09	6.88	23.11	5.55
Cash Acquisitions	-	-	-9.55	-
Investment in Securities	-	9.48	46.45	-69
Other Investing Activities	-	-3.29	-1	1.22
Investing Cash Flow	-611.42	-163.23	-17.59	-100.27
Long-Term Debt Issued	1,063	11.3	6	8
Long-Term Debt Repaid	-264.75	-22.6	-25.3	-62.33
Net Debt Issued (Repaid)	797.76	-11.3	-19.3	-54.33
Issuance of Common Stock	40.12	-	-	220.26
Common Dividends Paid	-24.64	-34.88	-1.3	-2.3
Other Financing Activities	-4.28	-	-10.2	-14.9
Financing Cash Flow	808.96	-46.18	-30.8	148.73
Foreign Exchange Rate Adjustments	-0	-0	-0.32	-0.45
Net Cash Flow	-19.02	-182.63	13.72	166.31
Free Cash Flow	-830.07	-149.52	-14.18	80.26
Free Cash Flow Margin	-174.10%	-50.91%	-4.38%	25.02%
Free Cash Flow Per Share	-5.65	-0.98	-0.10	0.62
Cash Income Tax Paid	11.07	15.17	35.1	5.48
Levered Free Cash Flow	-632.96	-166.56	-48.67	50.26
Unlevered Free Cash Flow	-622.24	-166.23	-47.87	51.66
Change in Working Capital	-387.99	-29.03	-16.87	35.62

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