Wintech Nano (Suzhou) 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	81.18	98.54	65.59	27.5
Depreciation & Amortization	102.32	81.72	59.34	30.91
Other Amortization	6.58	4.18	3.46	1.59
Loss (Gain) From Sale of Assets	0.42	-0.55	-	-
Asset Writedown & Restructuring Costs	0.09	-	-1.61	-0.17
Loss (Gain) From Sale of Investments	-1.36	-3.13	-6.06	-0.68
Provision & Write-off of Bad Debts	1.46	0.17	1.84	1
Other Operating Activities	12.12	16.2	15.71	4.35
Change in Accounts Receivable	-27.77	-0.31	-40.62	-22.37
Change in Inventory	-3.04	0.77	-10.93	-3.62
Change in Accounts Payable	47.27	34.71	46.7	21.77
Change in Other Net Operating Assets	5.84	7.24	14.81	8.87
Operating Cash Flow	221.44	238.64	148.24	69.16
Operating Cash Flow Growth	-7.21%	60.98%	114.36%	40.39%
Capital Expenditures	-392.58	-334.87	-290.26	-204.15
Sale of Property, Plant & Equipment	-	0.61	-	-
Investment in Securities	30	20	-20	-5
Other Investing Activities	1.22	4.12	6.19	1.3
Investing Cash Flow	-361.36	-310.15	-304.07	-207.85
Long-Term Debt Issued	353.44	220.31	323.12	182.38
Long-Term Debt Repaid	-239.44	-186.85	-100.97	-54.8
Net Debt Issued (Repaid)	114	33.46	222.15	127.59
Issuance of Common Stock	-	-	28	224.36
Common Dividends Paid	-22.86	-58.71	-87.04	-5.65
Other Financing Activities	-8.14	-5.98	-16.83	-15.22
Financing Cash Flow	83.01	-31.23	146.28	331.07
Foreign Exchange Rate Adjustments	-0.24	2.85	1.94	-0.39
Miscellaneous Cash Flow Adjustments	-	-	0	-0
Net Cash Flow	-57.16	-99.88	-7.62	191.98
Free Cash Flow	-171.15	-96.23	-142.02	-135
Free Cash Flow Margin	-41.21%	-24.43%	-49.45%	-80.56%
Free Cash Flow Per Share	-0.47	-0.26	-0.39	-0.39
Cash Income Tax Paid	-13.77	-17.1	-11.39	-7.04
Levered Free Cash Flow	-181.78	-145.15	-211.98	-192.22
Unlevered Free Cash Flow	-174.16	-135.52	-204.82	-188.09
Change in Working Capital	18.63	41.5	9.97	4.65

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