SHA:688697 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	325.16	317.65	262.23	168.54
Depreciation & Amortization	47.44	43.63	33.81	29.3
Other Amortization	3.21	0.6	0.56	0.21
Loss (Gain) From Sale of Assets	0.55	-0.12	-0.67	0.29
Asset Writedown & Restructuring Costs	0.08	0.19	0.51	0.14
Loss (Gain) From Sale of Investments	-32.28	-28.74	-27.59	-8.24
Provision & Write-off of Bad Debts	6.22	4.19	-7.67	4.63
Other Operating Activities	16.39	14.28	16.95	6.1
Change in Accounts Receivable	-226.02	-48.36	30.49	-239.29
Change in Inventory	-101.16	-40.74	-143.67	-128.28
Change in Accounts Payable	229.36	94.23	81.4	387.18
Change in Other Net Operating Assets	0.76	-1.61	0.38	1.33
Operating Cash Flow	264.2	351.3	252.93	217.73
Operating Cash Flow Growth	-24.80%	38.89%	16.17%	200.73%
Capital Expenditures	-209.65	-118.19	-144.26	-119.14
Sale of Property, Plant & Equipment	4.32	0.44	0.59	0.89
Investment in Securities	79	-161.44	-79.63	-650.67
Other Investing Activities	63.76	30.88	17.05	6.63
Investing Cash Flow	-62.58	-248.31	-206.25	-762.29
Short-Term Debt Issued	695.95	463	264.17	154.17
Total Debt Issued	695.95	463	264.17	154.17
Short-Term Debt Repaid	-748.95	-325.33	-111.27	-152.96
Long-Term Debt Repaid	-	-0.72	-0.67	-0.63
Total Debt Repaid	-748.95	-326.05	-111.94	-153.59
Net Debt Issued (Repaid)	-53	136.95	152.24	0.58
Issuance of Common Stock	-	-	-	572.3
Common Dividends Paid	-208.4	-149.42	-86.05	-1.47
Financing Cash Flow	-261.4	-12.47	66.19	571.41
Foreign Exchange Rate Adjustments	1.3	1.28	2.67	-0.13
Net Cash Flow	-58.48	91.79	115.55	26.72
Free Cash Flow	54.54	233.11	108.67	98.59
Free Cash Flow Growth	-76.60%	114.51%	10.22%	163.93%
Free Cash Flow Margin	2.21%	10.04%	5.89%	5.76%
Free Cash Flow Per Share	0.12	0.51	0.24	0.27
Cash Income Tax Paid	48.4	23.02	41.65	15.65
Levered Free Cash Flow	-142.22	148.16	-29.87	48.98
Unlevered Free Cash Flow	-134.5	155	-26.97	49.61
Change in Working Capital	-102.57	-0.38	-25.21	16.76

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