SHE:300699 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	741.18	873.17	934.25	758.38
Depreciation & Amortization	271.85	197.5	178.21	146.1
Other Amortization	7.25	5.95	3.91	0.99
Loss (Gain) From Sale of Assets	-1.22	-	-0.24	-11.72
Asset Writedown & Restructuring Costs	39.91	97.1	54.14	-5.36
Loss (Gain) From Sale of Investments	-2.03	-10.19	-8.11	-1.6
Other Operating Activities	-32.71	-23.53	-25.25	-2.03
Change in Accounts Receivable	214.06	-698.36	-606.02	132.62
Change in Inventory	-299.76	150.22	-224.93	-126.48
Change in Accounts Payable	-79.06	-71.19	-158.53	315.03
Operating Cash Flow	862.93	534.44	147.23	1,196
Operating Cash Flow Growth	61.46%	262.99%	-87.69%	25.16%
Capital Expenditures	-839.14	-744.89	-697.76	-600.94
Sale of Property, Plant & Equipment	4.09	-	0.55	7.48
Cash Acquisitions	-	-	-19.34	-
Investment in Securities	-28	-	-	34.42
Other Investing Activities	1.94	10.19	8.11	9.35
Investing Cash Flow	-861.11	-734.71	-708.45	-549.69
Short-Term Debt Issued	-	-	-	26
Long-Term Debt Issued	1,100	300.42	122	-
Total Debt Issued	1,100	300.42	122	26
Long-Term Debt Repaid	-213.07	-32.25	-13.07	-2.76
Total Debt Repaid	-213.07	-32.25	-13.07	-2.76
Net Debt Issued (Repaid)	887.23	268.17	108.93	23.24
Issuance of Common Stock	-	31.71	-	-
Repurchase of Common Stock	-161.66	-	-	-
Common Dividends Paid	-433.76	-371.29	-261.78	-259.18
Other Financing Activities	-	-	34.8	40
Financing Cash Flow	291.81	-71.41	-118.05	-195.94
Foreign Exchange Rate Adjustments	6.09	19.37	95.63	-10.09
Net Cash Flow	299.72	-252.31	-583.63	440.45
Free Cash Flow	23.79	-210.45	-550.53	595.23
Free Cash Flow Growth	-	-	-	58.74%
Free Cash Flow Margin	0.97%	-8.36%	-21.92%	22.83%
Free Cash Flow Per Share	0.03	-0.25	-0.66	0.72
Cash Income Tax Paid	320.46	284.52	209.73	178.14
Levered Free Cash Flow	-93.12	-529.72	-743.27	314.14
Unlevered Free Cash Flow	-78.75	-523.71	-739.56	317.4
Change in Working Capital	-161.31	-605.55	-989.69	311.42

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