SHA:688805 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	55.78	48.73	34.63
Depreciation & Amortization	15.26	12.02	15.62
Loss (Gain) From Sale of Assets	-0.02	-	-0.17
Asset Writedown & Restructuring Costs	1.58	2.93	2.16
Loss (Gain) From Sale of Investments	0.09	-0.05	-0.35
Provision & Write-off of Bad Debts	0.69	10.07	0.08
Other Operating Activities	1.62	1.97	0.05
Change in Accounts Receivable	-0.39	-3.22	-52.51
Change in Inventory	-84.24	-58.32	-42.4
Change in Accounts Payable	-13.22	53.88	2.14
Change in Other Net Operating Assets	1.81	2.84	4.35
Operating Cash Flow	-20.6	69.83	-36.76
Capital Expenditures	-23.16	-36.69	-14.27
Sale of Property, Plant & Equipment	0.12	0.01	0.67
Other Investing Activities	-	3.5	-3.98
Investing Cash Flow	-23.05	-33.19	-17.58
Short-Term Debt Issued	34	-	19.5
Total Debt Issued	34	-	19.5
Short-Term Debt Repaid	-24	-9.5	-10
Total Debt Repaid	-24	-9.5	-10
Net Debt Issued (Repaid)	10	-9.5	9.5
Issuance of Common Stock	-	46.52	-
Common Dividends Paid	-20.13	-20.2	-9.89
Other Financing Activities	-0.45	-7.62	4.64
Financing Cash Flow	-10.58	9.2	4.25
Foreign Exchange Rate Adjustments	-0.82	-1.51	0.59
Net Cash Flow	-55.04	44.33	-49.49
Free Cash Flow	-43.76	33.14	-51.03
Free Cash Flow Margin	-10.29%	7.35%	-14.22%
Free Cash Flow Per Share	-0.35	-	-
Cash Income Tax Paid	6.57	13.31	5.7
Levered Free Cash Flow	-89.24	29.82	-
Unlevered Free Cash Flow	-89.01	30.04	-
Change in Working Capital	-95.6	-5.84	-88.77

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