SHE:300428 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	707.12	605.55	492.41	450.04
Depreciation & Amortization	547.9	479.62	384.43	335.4
Other Amortization	11.12	2.85	2.45	3.08
Loss (Gain) From Sale of Assets	0.3	1.45	-0.09	2.86
Asset Writedown & Restructuring Costs	17.28	0.87	3.6	11.95
Loss (Gain) From Sale of Investments	-9.26	-9.23	19.12	-27.54
Provision & Write-off of Bad Debts	-133.23	31.04	9.21	37.54
Other Operating Activities	336.67	250.08	213.03	292.87
Change in Accounts Receivable	-1,503	-922.02	-411.58	-1,240
Change in Inventory	-883.43	-110.87	-388.38	-1,293
Change in Accounts Payable	383.21	478.27	-185.3	519.99
Change in Other Net Operating Assets	48.51	145.48	134.46	3.83
Operating Cash Flow	-444.68	961.16	242.47	-921.59
Operating Cash Flow Growth	-	296.40%	-	-
Capital Expenditures	-990.96	-1,116	-1,259	-839.76
Sale of Property, Plant & Equipment	3.92	5.32	7.43	12.46
Cash Acquisitions	-	-	-8.96	-
Investment in Securities	-339.2	446.73	-334.59	272.62
Other Investing Activities	32.99	23.8	-18.16	38.74
Investing Cash Flow	-1,293	-640	-1,637	-515.94
Long-Term Debt Issued	12,230	9,727	10,073	7,538
Long-Term Debt Repaid	-10,369	-9,259	-7,721	-5,422
Net Debt Issued (Repaid)	1,861	468.38	2,352	2,116
Issuance of Common Stock	80.11	99.8	-	299.7
Repurchase of Common Stock	-18	-32	-	-
Common Dividends Paid	-355.74	-327.59	-325.25	-253.07
Other Financing Activities	-432.56	-0.25	-435.56	-431.56
Financing Cash Flow	1,134	208.34	1,591	1,731
Foreign Exchange Rate Adjustments	9.6	65.53	75.87	-12.29
Net Cash Flow	-593.96	595.04	271.91	281.32
Free Cash Flow	-1,436	-154.7	-1,016	-1,761
Free Cash Flow Margin	-5.27%	-0.66%	-4.75%	-9.45%
Free Cash Flow Per Share	-2.21	-0.24	-1.63	-2.94
Cash Income Tax Paid	-89.79	67.94	13.17	500.1
Levered Free Cash Flow	-2,135	-900.86	-1,656	-1,824
Unlevered Free Cash Flow	-1,938	-711.24	-1,483	-1,698
Change in Working Capital	-1,923	-401.06	-881.69	-2,028

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