SHA:688700 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	69.27	151.43	213.32	160.88
Depreciation & Amortization	27.22	23.72	12.64	6.18
Other Amortization	2.03	1.74	0.92	1.43
Loss (Gain) From Sale of Assets	-0.09	-0.01	-0.14	-0.29
Asset Writedown & Restructuring Costs	0.03	0.05	0.05	6.81
Loss (Gain) From Sale of Investments	-18.13	-13.27	-8.69	-4.61
Provision & Write-off of Bad Debts	19.62	28.75	12.48	12.61
Other Operating Activities	16.08	5.59	7.36	-
Change in Accounts Receivable	-6.44	-116.49	-106.12	-195.21
Change in Inventory	-226.43	-44.95	-39.51	-123.92
Change in Accounts Payable	217.36	-110.65	40.86	228.47
Operating Cash Flow	93.54	-79.6	129.78	88.97
Operating Cash Flow Growth	-	-	45.87%	-20.73%
Capital Expenditures	-78.2	-99.99	-157.62	-59.25
Sale of Property, Plant & Equipment	0.01	0.07	0.23	12.03
Investment in Securities	123.79	-492.38	43.39	-251.4
Other Investing Activities	6.53	7.07	7.02	0.89
Investing Cash Flow	52.13	-585.23	-106.97	-297.73
Long-Term Debt Repaid	-3.33	-2.82	-1.02	-
Total Debt Repaid	-3.33	-2.82	-1.02	-
Net Debt Issued (Repaid)	-3.33	-2.82	-1.02	-
Issuance of Common Stock	-	726.75	-	313.43
Repurchase of Common Stock	-15.06	-	-	-
Common Dividends Paid	-57.31	-64.77	-44.16	-44.16
Other Financing Activities	-	-16.19	-	-14.89
Financing Cash Flow	-75.69	642.98	-45.18	254.38
Foreign Exchange Rate Adjustments	1.07	4.68	0.85	-0.59
Net Cash Flow	71.05	-17.17	-21.52	45.02
Free Cash Flow	15.34	-179.6	-27.84	29.72
Free Cash Flow Growth	-	-	-	-48.38%
Free Cash Flow Margin	2.04%	-19.75%	-2.75%	3.69%
Free Cash Flow Per Share	0.05	-0.62	-0.10	0.12
Cash Income Tax Paid	39.63	63.14	60.06	37.48
Levered Free Cash Flow	5.19	-205.12	-96.2	-28.03
Unlevered Free Cash Flow	5.35	-204.88	-96.1	-28.03
Change in Working Capital	-22.48	-277.61	-108.16	-94.03

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