SHA:688692 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	359.74	296.08	269	443.51
Depreciation & Amortization	27.42	28.39	31.75	25.19
Other Amortization	1.42	1.31	1.2	0.68
Loss (Gain) From Sale of Assets	-0	-0	-0	-0
Asset Writedown & Restructuring Costs	0.49	0.44	0.27	0.17
Provision & Write-off of Bad Debts	-	7.56	5.49	11.86
Other Operating Activities	15.33	-2.59	-3.1	-4.19
Change in Accounts Receivable	-84.54	-32.12	-41.91	-176.26
Change in Inventory	70.86	-0.96	-25.5	29.8
Change in Accounts Payable	88.14	52.95	-21.11	-63.39
Change in Other Net Operating Assets	-	-	-	8.31
Operating Cash Flow	473.5	345.75	208.97	283.05
Operating Cash Flow Growth	36.95%	65.46%	-26.17%	-
Capital Expenditures	-132.49	-78.83	-41.82	-6.75
Sale of Property, Plant & Equipment	0	-	0	0.01
Other Investing Activities	-	-	-0	-
Investing Cash Flow	-132.49	-78.83	-41.82	-6.75
Long-Term Debt Repaid	-	-	-	-15
Net Debt Issued (Repaid)	-	-	-	-15
Issuance of Common Stock	1,602	-	-	-
Common Dividends Paid	-83.6	-	-68.4	-14.44
Other Financing Activities	8.5	-14.05	-13.57	-8.37
Financing Cash Flow	1,527	-14.05	-81.97	-37.81
Miscellaneous Cash Flow Adjustments	-	0	-	-
Net Cash Flow	1,868	252.88	85.18	238.49
Free Cash Flow	341	266.92	167.15	276.3
Free Cash Flow Growth	27.75%	59.69%	-39.50%	-
Free Cash Flow Margin	32.65%	33.61%	24.29%	37.19%
Free Cash Flow Per Share	5.13	4.68	2.93	4.85
Cash Income Tax Paid	88.43	61.86	77.49	76.72
Levered Free Cash Flow	246.78	158.9	66.73	-
Unlevered Free Cash Flow	246.78	159.26	67.11	-
Change in Net Working Capital	-114.76	-25.77	90.43	-

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