SHE:300190 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	-736.4	-197.4	-449.6	191.48
Depreciation & Amortization	264.1	342.86	265.32	291.54
Other Amortization	13.85	16.27	13.06	7.57
Loss (Gain) From Sale of Assets	15.08	-4.03	-0.15	-0.38
Asset Writedown & Restructuring Costs	418.5	48.91	174.54	12.91
Loss (Gain) From Sale of Investments	-104.95	-70.15	-8.02	-5.63
Provision & Write-off of Bad Debts	96.1	75.37	93.63	79.14
Other Operating Activities	172.78	145.55	146.01	129.49
Change in Accounts Receivable	344.18	188.14	459.08	-347.45
Change in Inventory	236.4	96.71	-81.81	-131.41
Change in Accounts Payable	-292.4	-510.59	-383.86	123.76
Operating Cash Flow	391.17	70.04	163.06	334.09
Operating Cash Flow Growth	458.51%	-57.05%	-51.19%	-7.89%
Capital Expenditures	-50.04	-223.41	-343.49	-574.46
Sale of Property, Plant & Equipment	27.2	20.03	0.38	0.99
Cash Acquisitions	-8.91	-2.75	-3.48	-3.64
Divestitures	247.16	35.79	38.2	-
Investment in Securities	-9.38	243.55	-38.36	252.16
Other Investing Activities	15.58	16.42	32.37	69.45
Investing Cash Flow	221.62	89.63	-314.37	-255.51
Long-Term Debt Issued	1,187	1,569	2,194	1,775
Long-Term Debt Repaid	-1,544	-1,891	-2,031	-1,318
Net Debt Issued (Repaid)	-357.06	-321.56	162.87	457.23
Repurchase of Common Stock	-63	-32	-23	-
Common Dividends Paid	-102.98	-147.15	-187.12	-170.4
Other Financing Activities	19.53	70.14	15.07	-49.42
Financing Cash Flow	-503.52	-430.57	-32.18	237.41
Foreign Exchange Rate Adjustments	-2.47	1.49	0.95	-1.83
Net Cash Flow	106.8	-269.41	-182.55	314.16
Free Cash Flow	341.13	-153.37	-180.43	-240.37
Free Cash Flow Margin	16.66%	-6.93%	-8.65%	-7.50%
Free Cash Flow Per Share	0.45	-0.19	-0.23	-0.28
Cash Income Tax Paid	49.54	63.28	51.18	139.49
Levered Free Cash Flow	425.22	31.55	-142.71	-484.95
Unlevered Free Cash Flow	511.02	117.96	-56.08	-404.93
Change in Working Capital	252.11	-287.34	-71.72	-372.03

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