SHA:688729 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	540.8	309.42	382.52	181.24
Depreciation & Amortization	139.54	119.03	93.58	-
Other Amortization	37.63	28.42	22.73	-
Loss (Gain) From Sale of Assets	0.29	1.7	-0.04	-
Loss (Gain) From Sale of Investments	-36.59	-28.22	-11.57	-
Stock-Based Compensation	7.16	13.27	20.44	-
Provision & Write-off of Bad Debts	-3.75	6.85	7.74	-
Other Operating Activities	92.42	75.73	46.33	20.21
Change in Accounts Receivable	-8.27	183.45	-433.24	-
Change in Inventory	-636.25	-204.3	-935.45	-
Change in Accounts Payable	611.21	154.45	322.26	-
Operating Cash Flow	682.27	599.57	-517.22	201.44
Operating Cash Flow Growth	13.79%	-	-	-
Capital Expenditures	-316.13	-426.05	-397.78	-148.38
Sale of Property, Plant & Equipment	2.27	4.78	0.04	-
Investment in Securities	488.75	143.25	-409.35	-
Other Investing Activities	25.3	32.12	40.72	-473.03
Investing Cash Flow	200.19	-245.91	-766.36	-621.41
Long-Term Debt Issued	1,077	695.84	839.42	-
Total Debt Issued	1,077	695.84	839.42	-
Long-Term Debt Repaid	-627.91	-478.55	-30.16	-330.81
Total Debt Repaid	-627.91	-478.55	-30.16	-330.81
Net Debt Issued (Repaid)	449.22	217.29	809.26	-330.81
Common Dividends Paid	-43.84	-25.6	-12.32	-9.95
Other Financing Activities	-16.47	485.5	-504.78	-38.25
Financing Cash Flow	388.91	677.19	292.16	-379.01
Foreign Exchange Rate Adjustments	2.56	5.29	28.51	-8.09
Net Cash Flow	1,274	1,036	-962.92	-807.07
Free Cash Flow	366.14	173.52	-915	53.07
Free Cash Flow Growth	111.01%	-	-	-
Free Cash Flow Margin	7.90%	4.41%	-19.21%	1.64%
Free Cash Flow Per Share	0.14	0.07	-0.34	0.02
Cash Income Tax Paid	-127.69	-22.94	-38.56	6.33
Levered Free Cash Flow	117.61	32.5	-1,124	-154.74
Unlevered Free Cash Flow	139	45.14	-1,115	-150.47
Change in Working Capital	-95.24	73.37	-1,079	-

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