ChenGuang Biotech Group 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	94.05	479.72	434.03	351.51
Depreciation & Amortization	166.5	152.83	144.85	130.74
Other Amortization	0.65	0.2	0.9	0.2
Loss (Gain) From Sale of Assets	-4.89	0.63	-1.08	-0.1
Asset Writedown & Restructuring Costs	0.46	1.1	1.32	10.91
Loss (Gain) From Sale of Investments	-12.68	-74.02	-33.45	-30.93
Provision & Write-off of Bad Debts	0.11	0.87	0.77	-1.93
Other Operating Activities	197.19	80.74	100.25	74.9
Change in Accounts Receivable	62.07	135.24	-274.17	-119.09
Change in Inventory	-670.57	-1,145	187.13	-435.93
Change in Accounts Payable	-41.67	-211.8	176.31	90
Operating Cash Flow	-222.81	-588.47	734.81	63.9
Operating Cash Flow Growth	-	-	1049.93%	-87.93%
Capital Expenditures	-149.54	-189.2	-176.03	-280.82
Sale of Property, Plant & Equipment	0.02	0.28	0.42	3.58
Investment in Securities	-315.58	-336.91	-540.91	-
Other Investing Activities	24.15	77.56	20.12	12.47
Investing Cash Flow	-440.95	-448.27	-696.4	-264.76
Long-Term Debt Issued	5,783	4,678	3,511	2,081
Total Debt Issued	5,783	4,678	3,511	2,081
Long-Term Debt Repaid	-5,088	-3,381	-3,132	-1,278
Total Debt Repaid	-5,088	-3,381	-3,132	-1,278
Net Debt Issued (Repaid)	695.8	1,297	378.58	803.12
Repurchase of Common Stock	-396.53	-95.84	-	-
Common Dividends Paid	-174.05	-181.41	-143.98	-109.77
Other Financing Activities	-21.41	276.95	-195.55	-152.39
Financing Cash Flow	103.8	1,297	39.05	540.96
Foreign Exchange Rate Adjustments	-10.49	-6.05	-4.94	-4.36
Net Cash Flow	-570.46	254.03	72.51	335.75
Free Cash Flow	-372.35	-777.67	558.78	-216.92
Free Cash Flow Margin	-5.32%	-11.32%	8.88%	-4.45%
Free Cash Flow Per Share	-0.72	-1.46	1.05	-0.41
Cash Income Tax Paid	7.26	9.45	-46.55	-31.36
Levered Free Cash Flow	39.79	-997.32	-131.42	-423.74
Unlevered Free Cash Flow	111.3	-945.13	-89.42	-390.52
Change in Working Capital	-664.21	-1,231	87.21	-471.4

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