SHA:688708 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	517.31	563.7	484.09	167.17
Depreciation & Amortization	37.35	30.94	18	12.55
Other Amortization	0.96	-	-	-
Loss (Gain) From Sale of Assets	-	-8.34	-	-
Asset Writedown & Restructuring Costs	0.18	0.4	1.4	1.73
Loss (Gain) From Sale of Investments	-	-0.21	-0.55	-1.09
Provision & Write-off of Bad Debts	23.45	12.49	8.73	0.25
Other Operating Activities	1.83	5.72	9.84	154.54
Change in Accounts Receivable	-178.26	-307.7	-316.89	-119.58
Change in Inventory	-40.05	17.24	-48.19	-22.2
Change in Accounts Payable	57.99	9.72	41.64	69.62
Operating Cash Flow	416.09	320.42	199.08	261.91
Operating Cash Flow Growth	29.86%	60.95%	-23.99%	-
Capital Expenditures	-93.22	-70.79	-148.37	-33.54
Sale of Property, Plant & Equipment	-	6.29	0.02	0.01
Other Investing Activities	-3.88	2.32	0.58	-0.94
Investing Cash Flow	-97.09	-62.18	-147.77	-34.47
Long-Term Debt Repaid	-0.16	-	-	-
Net Debt Issued (Repaid)	-0.16	-	-	-
Issuance of Common Stock	1,031	-	-	-
Common Dividends Paid	-	-	-43.2	-83
Other Financing Activities	-17.67	-0.9	-2.78	-0.11
Financing Cash Flow	1,013	-0.9	-45.98	-83.11
Net Cash Flow	1,332	257.34	5.33	144.32
Free Cash Flow	322.87	249.63	50.71	228.37
Free Cash Flow Growth	29.34%	392.24%	-77.79%	-
Free Cash Flow Margin	33.74%	25.45%	6.59%	43.08%
Free Cash Flow Per Share	0.89	0.69	0.14	0.63
Cash Income Tax Paid	172.28	218.49	140.48	78.21
Levered Free Cash Flow	264.29	92.44	-67.78	-
Unlevered Free Cash Flow	264.3	92.44	-67.78	-
Change in Working Capital	-164.99	-284.28	-322.42	-73.24

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