Ningbo Zhenyu Technology 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	253.95	42.77	103.64	170.2
Depreciation & Amortization	352.33	278.69	153.68	84.37
Other Amortization	108.22	96.38	52.88	16.9
Loss (Gain) From Sale of Assets	-1.67	4.65	-1.79	1.8
Asset Writedown & Restructuring Costs	0.91	0.88	2.44	41.03
Loss (Gain) From Sale of Investments	-4.76	0.38	-1.86	-0.3
Provision & Write-off of Bad Debts	1	11.89	11.37	-
Other Operating Activities	216.38	181.19	141.66	30.66
Change in Accounts Receivable	-590.08	-2,464	-1,840	-1,051
Change in Inventory	-148.43	74.19	-384.42	-458.96
Change in Accounts Payable	-665.17	1,175	827.1	864.04
Change in Other Net Operating Assets	-0.92	73.61	-5.23	-3.33
Operating Cash Flow	-497.4	-558.5	-997.49	-315.69
Capital Expenditures	-303.01	-703.81	-902.35	-437.13
Sale of Property, Plant & Equipment	15.66	0.98	4.21	2.18
Investment in Securities	-50.66	-309	11	-11
Other Investing Activities	5.13	2.52	1.86	0.3
Investing Cash Flow	-332.88	-1,009	-885.28	-445.65
Long-Term Debt Issued	3,709	4,724	3,250	1,265
Total Debt Issued	3,709	4,724	3,250	1,265
Long-Term Debt Repaid	-2,870	-2,886	-1,665	-750.03
Total Debt Repaid	-2,870	-2,886	-1,665	-750.03
Net Debt Issued (Repaid)	839.23	1,838	1,585	515.22
Issuance of Common Stock	-	-	793.6	628.89
Repurchase of Common Stock	-119.54	-	-	-
Common Dividends Paid	-148.29	-111.51	-87.49	-41.1
Other Financing Activities	107.41	161.97	-218.04	-153.18
Financing Cash Flow	678.81	1,888	2,073	949.83
Foreign Exchange Rate Adjustments	-1.62	0.11	3.27	-0.59
Net Cash Flow	-153.09	320.75	193.8	187.9
Free Cash Flow	-800.41	-1,262	-1,900	-752.82
Free Cash Flow Margin	-11.23%	-20.97%	-33.03%	-24.81%
Free Cash Flow Per Share	-4.10	-6.11	-14.27	-6.16
Cash Income Tax Paid	123.65	-5.24	114.88	71.98
Levered Free Cash Flow	-736.76	-74.11	-1,275	-358.21
Unlevered Free Cash Flow	-631.65	-2.65	-1,228	-338.09
Change in Working Capital	-1,424	-1,175	-1,460	-660.36

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