SHE:300468 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	67.36	47.38	41.21	66.76
Depreciation & Amortization	27.4	31.63	32.65	25.74
Other Amortization	5.73	3.46	2.8	1.73
Asset Writedown & Restructuring Costs	0.05	0.09	0.02	0.1
Loss (Gain) From Sale of Investments	-	-	-	1.39
Provision & Write-off of Bad Debts	-0.4	1.57	1.07	-1.62
Other Operating Activities	9.81	0.62	6.45	3.83
Change in Accounts Receivable	20.51	-1.18	29.72	-38.65
Change in Inventory	18.59	32.16	19.13	-48.73
Change in Accounts Payable	17.93	11.17	9.13	8.93
Change in Other Net Operating Assets	-	-	-0.02	-
Operating Cash Flow	167.94	127.11	140.75	25.83
Operating Cash Flow Growth	32.12%	-9.69%	445.00%	127.80%
Capital Expenditures	-14.37	-7.25	-16.3	-54.45
Sale of Property, Plant & Equipment	0.14	0.02	0.02	0.03
Investment in Securities	-	-	10.4	30.37
Other Investing Activities	-	-	-	2.64
Investing Cash Flow	-14.22	-7.23	-5.88	-21.41
Long-Term Debt Repaid	-13.5	-12.79	-14.57	-8.13
Net Debt Issued (Repaid)	-13.5	-12.79	-14.57	-8.13
Issuance of Common Stock	-	-	390	-
Repurchase of Common Stock	-	-	-	-0.06
Common Dividends Paid	-31.84	-31.84	-28.33	-29.33
Other Financing Activities	-	-	-2.05	-
Financing Cash Flow	-45.34	-44.63	345.05	-37.52
Foreign Exchange Rate Adjustments	0.87	0.31	2.34	-2.47
Net Cash Flow	109.24	75.56	482.27	-35.56
Free Cash Flow	153.57	119.86	124.45	-28.62
Free Cash Flow Growth	28.12%	-3.68%	-	-
Free Cash Flow Margin	20.74%	16.41%	18.74%	-4.46%
Free Cash Flow Per Share	0.30	0.23	0.24	-0.06
Cash Income Tax Paid	9.34	19.48	18.99	8.8
Levered Free Cash Flow	118.97	135.84	101.1	-52.65
Unlevered Free Cash Flow	119.37	136.26	105.18	-52.37
Change in Working Capital	57.98	42.36	56.56	-72.11

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