SHE:002935 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	Jan '22 Jan 1, 2022
Net Income	64.2	87.19	112.5	118.4
Depreciation & Amortization	23.18	22.8	18.16	11.82
Other Amortization	1.43	-	-	-
Loss (Gain) From Sale of Assets	-0	-0.07	-0.23	-0
Loss (Gain) From Sale of Investments	-	-	-2.38	-6.02
Provision & Write-off of Bad Debts	15.07	17.65	4.56	-5.22
Other Operating Activities	4.28	2.87	4.89	5.64
Change in Accounts Receivable	-130.6	-309.78	-90.9	-25.76
Change in Inventory	-158.08	-19.14	-92.37	-26.92
Change in Accounts Payable	285.94	-35.25	261.29	37.56
Change in Other Net Operating Assets	-3.39	4.89	7.27	-
Operating Cash Flow	99.47	-232.81	221.36	109.48
Operating Cash Flow Growth	-	-	102.19%	619.77%
Capital Expenditures	-23.29	-58.25	-26.96	-86.04
Sale of Property, Plant & Equipment	0	-	0.01	0
Investment in Securities	-	-	150	50
Other Investing Activities	-	-	2.38	6.02
Investing Cash Flow	-23.29	-58.25	125.43	-30.02
Issuance of Common Stock	-	-	60.7	-
Common Dividends Paid	-28.12	-40.56	-31.2	-52
Other Financing Activities	-19.62	-0.12	-0.09	0.75
Financing Cash Flow	-47.74	-40.68	29.41	-51.25
Net Cash Flow	28.44	-331.75	376.2	28.21
Free Cash Flow	76.18	-291.06	194.4	23.44
Free Cash Flow Growth	-	-	729.26%	-
Free Cash Flow Margin	7.90%	-26.25%	16.05%	2.25%
Free Cash Flow Per Share	0.18	-0.69	0.46	0.06
Cash Income Tax Paid	32.24	78.37	35.11	13.82
Levered Free Cash Flow	34.39	-355.55	224.14	-9.7
Unlevered Free Cash Flow	34.49	-355.42	224.35	-9.2
Change in Working Capital	-8.67	-363.24	83.85	-15.14

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