Suzhou Sepax Technologies 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	85.16	52.49	47.14	20.77
Depreciation & Amortization	19.33	19.17	16.66	11.63
Other Amortization	6.12	6.02	2.97	0.87
Loss (Gain) From Sale of Assets	0.27	-	-	-0
Asset Writedown & Restructuring Costs	8.95	7.11	4.36	2.12
Loss (Gain) From Sale of Investments	-0.3	-0.52	-5.46	-2.13
Provision & Write-off of Bad Debts	2	0.5	1.31	0.52
Other Operating Activities	-11.47	-8.8	2.03	2.72
Change in Accounts Receivable	-49.83	-10.45	-8.54	-13.1
Change in Inventory	3.28	-23.27	-47.8	-26.14
Change in Accounts Payable	3.72	6.36	15.25	-2.81
Change in Other Net Operating Assets	3.92	2.96	2.96	4.09
Operating Cash Flow	66.01	43.37	28.54	-0.7
Operating Cash Flow Growth	52.22%	51.94%	-	-
Capital Expenditures	-13.54	-19.13	-48.74	-50.61
Sale of Property, Plant & Equipment	0.17	0.07	-	1.37
Investment in Securities	-104.1	-24.29	131.43	-538.64
Other Investing Activities	3.08	2.77	6.61	2.39
Investing Cash Flow	-114.39	-40.59	89.3	-585.49
Short-Term Debt Issued	4.61	4.73	6.73	18.92
Total Debt Issued	4.61	4.73	6.73	18.92
Short-Term Debt Repaid	-4.62	-4.95	-10.86	-94.04
Long-Term Debt Repaid	-7.31	-6.68	-6.25	-24.64
Total Debt Repaid	-11.93	-11.63	-17.11	-118.68
Net Debt Issued (Repaid)	-7.32	-6.9	-10.38	-99.77
Issuance of Common Stock	-	-	-	740
Common Dividends Paid	-	-	-0.05	-1.83
Other Financing Activities	-9.7	-4.48	-3.19	-0.82
Financing Cash Flow	-17.02	-11.39	-13.62	637.58
Foreign Exchange Rate Adjustments	0.93	1.12	5.57	-2
Net Cash Flow	-64.46	-7.49	109.79	49.39
Free Cash Flow	52.48	24.23	-20.2	-51.32
Free Cash Flow Growth	116.53%	-	-	-
Free Cash Flow Margin	16.63%	9.88%	-9.49%	-33.13%
Free Cash Flow Per Share	0.14	0.07	-0.06	-0.17
Cash Income Tax Paid	50.53	6.39	-4.64	4.03
Levered Free Cash Flow	-251.99	12.1	-52.06	-102.84
Unlevered Free Cash Flow	-251.04	13.17	-50.97	-101.48
Change in Working Capital	-44.05	-32.6	-40.46	-37.2

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