SHA:688788 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	-268.17	-203.26	-196.61	178.49
Depreciation & Amortization	34.19	62.69	29.22	21.31
Other Amortization	4.68	0.03	-	-
Loss (Gain) From Sale of Assets	0.25	0.09	0.36	-
Asset Writedown & Restructuring Costs	5.15	9.38	0.01	-1.22
Provision & Write-off of Bad Debts	45.3	-45.03	99.08	24.12
Other Operating Activities	-7.48	61.86	15.21	0.71
Change in Accounts Receivable	212.26	-7.7	119.58	-146.61
Change in Inventory	-11.95	-0.31	-37.01	27.32
Change in Accounts Payable	-77.78	-1.78	-26.55	-191.31
Operating Cash Flow	-70.51	-129.08	-12.84	-90.49
Capital Expenditures	-9.37	-23.3	-52.78	-11.43
Sale of Property, Plant & Equipment	0	0	0	-
Cash Acquisitions	-	-5	-19.84	-
Investment in Securities	-516.93	10	-	-8.21
Investing Cash Flow	-526.31	-18.3	-72.61	-19.64
Short-Term Debt Issued	3.19	7.54	1.7	-
Total Debt Issued	3.19	7.54	1.7	-
Long-Term Debt Repaid	-15.47	-15.86	-6.01	-10.19
Total Debt Repaid	-15.47	-15.86	-6.01	-10.19
Net Debt Issued (Repaid)	-12.27	-8.32	-4.31	-10.19
Repurchase of Common Stock	-2.49	-34.93	-	-
Common Dividends Paid	-	-	-75.53	-60.43
Other Financing Activities	0.43	4.68	0.3	-
Financing Cash Flow	-14.34	-38.57	-79.54	-70.62
Net Cash Flow	-611.15	-185.95	-165	-180.75
Free Cash Flow	-79.88	-152.39	-65.62	-101.93
Free Cash Flow Margin	-33.94%	-64.49%	-28.13%	-16.51%
Free Cash Flow Per Share	-0.51	-0.97	-0.42	-0.65
Cash Income Tax Paid	17.41	7.34	-18.03	32.45
Levered Free Cash Flow	31.26	-62.12	-1.59	-139.18
Unlevered Free Cash Flow	32.35	-61.35	-1.04	-138.44
Change in Working Capital	115.57	-14.85	39.88	-313.91

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