SHA:688717 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	203.6	1,065	1,134	62.87
Depreciation & Amortization	84.31	56.06	19.2	4.26
Other Amortization	26.11	3.85	3.48	-
Loss (Gain) From Sale of Assets	-0.19	-0.01	-0.01	-
Asset Writedown & Restructuring Costs	0.5	0.87	0.06	-
Loss (Gain) From Sale of Investments	-2.96	-	0.73	-
Provision & Write-off of Bad Debts	-2.02	2.21	21.39	-
Other Operating Activities	56.24	-49.8	13.39	41.76
Change in Accounts Receivable	-104.99	189.14	-589.76	-
Change in Inventory	-43.56	257.78	-918.3	-
Change in Accounts Payable	557.04	-883.64	1,247	-
Change in Other Net Operating Assets	8.18	-	10	-
Operating Cash Flow	753.73	634.59	896.97	108.9
Operating Cash Flow Growth	18.77%	-29.25%	723.66%	113.27%
Capital Expenditures	-408.92	-359.38	-248.71	-60.91
Sale of Property, Plant & Equipment	0.07	0.02	0.01	-
Investment in Securities	-200	-	-1.19	-
Investing Cash Flow	-608.85	-359.36	-249.89	-60.91
Short-Term Debt Issued	-	-	139.21	183.14
Long-Term Debt Issued	-	25	-	-
Total Debt Issued	-	25	139.21	183.14
Short-Term Debt Repaid	-	-	-197.28	-183.58
Long-Term Debt Repaid	-30.27	-115.65	-9.68	-
Total Debt Repaid	-30.27	-115.65	-206.96	-183.58
Net Debt Issued (Repaid)	-30.27	-90.65	-67.75	-0.44
Issuance of Common Stock	-	2,020	-	-
Common Dividends Paid	-150	-0.84	-5.28	-6.76
Other Financing Activities	-5.98	-25.56	84.1	14.63
Financing Cash Flow	-186.25	1,903	11.07	7.43
Foreign Exchange Rate Adjustments	-4.46	68.42	26.22	-3.3
Net Cash Flow	-45.82	2,246	684.37	52.13
Free Cash Flow	344.81	275.21	648.26	47.99
Free Cash Flow Growth	25.29%	-57.55%	1250.84%	304.56%
Free Cash Flow Margin	11.22%	6.15%	14.06%	5.76%
Free Cash Flow Per Share	2.15	2.29	5.40	0.40
Cash Income Tax Paid	-226.6	-68.74	-320.45	-89.68
Levered Free Cash Flow	363.28	-88.18	280.12	26.59
Unlevered Free Cash Flow	365.16	-86.11	283.63	30.87
Change in Working Capital	388.15	-443.22	-295.28	-

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