SHE:002140 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Net Income	410.25	343.93	288.63	248.77
Depreciation & Amortization	63.54	64.74	61.9	38.14
Other Amortization	15.88	7.53	6.04	2.29
Loss (Gain) From Sale of Assets	-0.01	-0.16	-0.04	-0.1
Asset Writedown & Restructuring Costs	78.41	128.66	39.74	12.77
Loss (Gain) From Sale of Investments	-44.28	-58.11	-42.85	-65.99
Provision & Write-off of Bad Debts	10.25	-43.47	49.95	14.46
Other Operating Activities	31.75	74.16	52.4	56.06
Change in Accounts Receivable	124.06	51.07	154.37	-554.33
Change in Inventory	-350.62	56.02	-1.74	465.25
Change in Accounts Payable	266.24	-95.93	-174.56	475.98
Operating Cash Flow	592.75	512.02	437.82	683
Operating Cash Flow Growth	15.77%	16.95%	-35.90%	80.88%
Capital Expenditures	-739	-353.08	-256.21	-424.13
Sale of Property, Plant & Equipment	0.04	0.01	0.03	0.01
Cash Acquisitions	-	-221.55	-	-5.54
Divestitures	-	-	-	21.76
Investment in Securities	-20.61	-65.03	-51.21	-55.5
Other Investing Activities	19.48	2.25	-	-
Investing Cash Flow	-740.1	-637.4	-307.4	-463.41
Long-Term Debt Issued	822.79	180	395.81	294.3
Long-Term Debt Repaid	-238.45	-74.2	-267.25	-57.37
Net Debt Issued (Repaid)	584.34	105.8	128.56	236.93
Issuance of Common Stock	-	-	892.31	-
Repurchase of Common Stock	-0.54	-2.15	-	-
Common Dividends Paid	-130.36	-131.04	-138.2	-91.62
Other Financing Activities	269.61	3.47	-0.18	106.16
Financing Cash Flow	723.05	-23.92	882.48	251.47
Foreign Exchange Rate Adjustments	3.94	-5.69	16.69	-20.55
Net Cash Flow	579.63	-154.99	1,030	450.52
Free Cash Flow	-146.26	158.94	181.6	258.87
Free Cash Flow Growth	-	-12.48%	-29.85%	-29.97%
Free Cash Flow Margin	-1.65%	2.10%	2.91%	4.31%
Free Cash Flow Per Share	-0.21	0.23	0.32	0.48
Cash Income Tax Paid	335.16	197.99	358.38	110.02
Levered Free Cash Flow	-10.05	955.67	-278.82	1,043
Unlevered Free Cash Flow	14.53	981.93	-254.65	1,065
Change in Working Capital	26.95	-5.25	-17.96	376.61

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