SHE:002415 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	11,977	14,108	12,838	16,800
Depreciation & Amortization	1,866	1,719	1,254	1,024
Other Amortization	118.36	84.14	81.49	66.5
Loss (Gain) From Sale of Assets	14.54	5.67	17.58	-34.23
Asset Writedown & Restructuring Costs	0.32	4.83	43.07	8.16
Loss (Gain) From Sale of Investments	-70.73	-68.53	-148.6	-132.7
Stock-Based Compensation	865.43	207.62	620.31	369.33
Provision & Write-off of Bad Debts	1,068	872.08	573.26	608.06
Other Operating Activities	1,804	1,827	1,450	1,419
Change in Accounts Receivable	-4,019	-6,133	-4,922	-5,479
Change in Inventory	-299.99	-365.48	-1,510	-5,936
Change in Accounts Payable	479.6	4,588	-570.13	4,019
Change in Unearned Revenue	-91.75	3.86	194.67	547.71
Change in Other Net Operating Assets	-194.03	332.02	482.05	-181.94
Operating Cash Flow	13,264	16,622	10,164	12,709
Operating Cash Flow Growth	-20.20%	63.54%	-20.02%	-21.01%
Capital Expenditures	-4,666	-4,048	-3,756	-3,098
Sale of Property, Plant & Equipment	18.89	30.74	12.98	64.43
Cash Acquisitions	-8.44	-43.99	0.18	-323.6
Divestitures	-	-	-	-6.2
Investment in Securities	-3,046	-4,803	-82.34	95.71
Other Investing Activities	3,070	4,756	51.89	111.64
Investing Cash Flow	-4,548	-3,987	-3,725	-3,156
Long-Term Debt Issued	7,214	11,032	8,360	5,916
Long-Term Debt Repaid	-17,406	-6,460	-5,014	-7,948
Net Debt Issued (Repaid)	-10,192	4,572	3,346	-2,033
Issuance of Common Stock	-	-	2,894	-
Repurchase of Common Stock	-3,034	-655.81	-2,083	-122.64
Common Dividends Paid	-8,667	-6,889	-8,731	-7,839
Other Financing Activities	-186.55	-172.44	3,118	203
Financing Cash Flow	-22,079	-3,145	-1,456	-9,791
Foreign Exchange Rate Adjustments	-12.49	113.37	228.61	-181.59
Net Cash Flow	-13,375	9,603	5,211	-420.89
Free Cash Flow	8,598	12,574	6,408	9,610
Free Cash Flow Growth	-31.62%	96.22%	-33.32%	-31.77%
Free Cash Flow Margin	9.30%	14.07%	7.71%	11.80%
Free Cash Flow Per Share	0.93	1.35	0.68	1.03
Cash Income Tax Paid	2,481	2,503	2,179	1,764
Levered Free Cash Flow	3,007	7,586	1,106	-1,381
Unlevered Free Cash Flow	3,255	7,876	1,305	-1,226
Change in Working Capital	-4,379	-2,137	-6,565	-7,420

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