Jupai Holdings Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2012
Net Income	-23.67	19.91	-267.86	-31.37	-164.69	Upgrade
Depreciation & Amortization	0.57	9.14	11.11	16.34	26.1	Upgrade
Share-Based Compensation	0	0	0.64	3.59	9.58	Upgrade
Other Operating Activities	28.39	-92.25	230	11.97	-84.26	Upgrade
Operating Cash Flow	5.29	-63.2	-26.11	0.54	-213.26	Upgrade
Capital Expenditures	0.15	3.74	-5.7	-2.14	-13.2	Upgrade
Acquisitions	0	-91.13	-21.34	29.71	9.34	Upgrade
Change in Investments	-210	0	17.18	-60	-361.8	Upgrade
Investing Cash Flow	-209.85	-87.39	-9.86	-32.43	-365.66	Upgrade
Share Issuance / Repurchase	0	-3.17	-4.46	-7.09	0.03	Upgrade
Financing Cash Flow	0	-3.17	-4.46	-7.09	0.03	Upgrade
Exchange Rate Effect	1.3	21.92	-4.71	-16.09	-11.37	Upgrade
Net Cash Flow	-203.25	-131.84	-45.14	-55.07	-590.26	Upgrade
Free Cash Flow	5.44	-59.45	-31.81	-1.61	-226.46	Upgrade
Free Cash Flow Margin	16.21%	-57.59%	-8.86%	-0.41%	-28.81%	Upgrade
Free Cash Flow Per Share	0.17	-1.86	-0.96	-0.05	-6.74	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).