SHE:300497 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	-272.1	-200.8	-141.47	48.83
Depreciation & Amortization	170.72	159.46	123.84	98.57
Other Amortization	0.37	-	-	1.13
Loss (Gain) From Sale of Assets	0.1	-0.08	-0.41	0.06
Asset Writedown & Restructuring Costs	101.63	24.88	13.89	5.93
Loss (Gain) From Sale of Investments	15.52	16.19	1.44	47.94
Provision & Write-off of Bad Debts	-0.87	0.91	0.79	-
Other Operating Activities	85.6	49	178.9	96.84
Change in Accounts Receivable	13.09	-159.45	-273.95	-199.39
Change in Inventory	-44.8	74.55	-259.58	-154.85
Change in Accounts Payable	128.91	-33.38	232.27	139.1
Change in Other Net Operating Assets	-	7.03	1.66	6.32
Operating Cash Flow	187.64	-64.76	-120.85	72.32
Operating Cash Flow Growth	-	-	-	-81.08%
Capital Expenditures	-141.75	-242.23	-459.41	-679.6
Sale of Property, Plant & Equipment	1.1	1.61	3.81	0.3
Investment in Securities	-	-114.72	-53.6	-73.25
Other Investing Activities	1.04	0.83	0.87	17.06
Investing Cash Flow	-139.61	-354.5	-508.34	-735.48
Long-Term Debt Issued	641	956.44	1,241	1,048
Long-Term Debt Repaid	-658.78	-729.98	-830.49	-488.5
Net Debt Issued (Repaid)	-17.78	226.47	410.51	559.11
Issuance of Common Stock	-	-	-	34.79
Repurchase of Common Stock	-18	-	-69.75	-105.11
Common Dividends Paid	-55.5	-55.79	-54.58	-139.18
Other Financing Activities	3.5	-20.91	-3.2	-
Financing Cash Flow	-87.78	149.76	282.99	349.61
Foreign Exchange Rate Adjustments	7.83	3	9.51	0.74
Net Cash Flow	-31.92	-266.5	-336.69	-312.81
Free Cash Flow	45.89	-306.99	-580.26	-607.28
Free Cash Flow Margin	3.90%	-19.07%	-35.23%	-42.48%
Free Cash Flow Per Share	0.09	-0.57	-1.07	-1.12
Cash Income Tax Paid	-98.69	-15.84	-54.01	19.34
Levered Free Cash Flow	66.66	-379.88	-536.77	-490.78
Unlevered Free Cash Flow	92.02	-353.61	-511.08	-475.2
Change in Working Capital	89.04	-115.96	-300.32	-226.98

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