SHA:688727 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	96.92	89.85	100.9	30.13
Depreciation & Amortization	57.16	40.31	34.53	23.27
Other Amortization	6.65	7.17	6.82	5.48
Loss (Gain) From Sale of Assets	-0.05	0.31	-0.02	-0.01
Asset Writedown & Restructuring Costs	-	0.83	3.33	1.74
Loss (Gain) From Sale of Investments	2.85	-1.68	-1.09	0.07
Provision & Write-off of Bad Debts	0.25	0.41	0.25	0.63
Other Operating Activities	-1.26	-9.7	7.05	0.25
Change in Accounts Receivable	-47.1	-0.76	-7.82	-73.05
Change in Inventory	-43.86	-73.51	-17.96	-20.34
Change in Accounts Payable	125.4	29.06	13.54	58.06
Change in Other Net Operating Assets	21.57	18.1	10.87	9
Operating Cash Flow	191.59	87.96	149.33	29.7
Operating Cash Flow Growth	117.80%	-41.10%	402.74%	36.10%
Capital Expenditures	-409.27	-368.6	-271.37	-145.77
Sale of Property, Plant & Equipment	-	0.56	-	-
Divestitures	0.73	-	-	-
Investment in Securities	-8.05	-241.05	-153.32	-50
Other Investing Activities	1.14	70.79	-61.62	4.56
Investing Cash Flow	-415.45	-538.31	-486.31	-191.22
Long-Term Debt Issued	732.18	361.05	218.69	52.5
Total Debt Issued	732.18	361.05	218.69	52.5
Long-Term Debt Repaid	-444.33	-116.13	-213.54	-57.49
Total Debt Repaid	-444.33	-116.13	-213.54	-57.49
Net Debt Issued (Repaid)	287.86	244.92	5.15	-4.99
Issuance of Common Stock	-	-	643.07	178.14
Common Dividends Paid	-10.65	-3.2	-3.11	-4.51
Other Financing Activities	-20.39	21.42	-50.79	-1.62
Financing Cash Flow	256.81	263.14	594.32	167.02
Foreign Exchange Rate Adjustments	4.49	0.92	2.09	-1.02
Net Cash Flow	37.45	-186.28	259.43	4.49
Free Cash Flow	-217.69	-280.64	-122.04	-116.07
Free Cash Flow Margin	-39.73%	-76.32%	-37.93%	-82.22%
Free Cash Flow Per Share	-0.56	-0.72	-0.36	-0.42
Cash Income Tax Paid	31.89	5.87	2.16	-1.88
Levered Free Cash Flow	-342.89	-272.05	-125.04	-
Unlevered Free Cash Flow	-337.12	-270.17	-122.57	-
Change in Working Capital	29.07	-39.55	-2.45	-31.87

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