Cash Flow Statement

Currency: CNY

	Dec-2020	Mar-2021	Jun-2021	Sep-2021	Dec-2021	Mar-2022	Jun-2022	Sep-2022	Dec-2022	Mar-2023	Jun-2023	Sep-2023
Operating Cash Flow
Cash Taxes Paid	124	103	143	164	174	176	188	179	157	158	131	115
Change in Working Capital	(201)	(215)	(292)	(303)	(307)	(297)	(281)	(272)	(274)	(264)	(280)	(263)
Cash from Operating Activities	190 N/A	(1) N/A	(90) -11 124%	(230) -156%	(109) +52%	7 N/A	94 +1 245%	253 +170%	349 +38%	465 +33%	465 0%	371 -20%
Investing Cash Flow
Capital Expenditures	(231)	(214)	(301)	(394)	(443)	(442)	(425)	(356)	(269)	(289)	(247)	(230)
Other Items	(229)	(207)	(11)	(15)	215	183	(18)	(14)	(18)	0	0	0
Cash from Investing Activities	(460) N/A	(422) +8%	(312) +26%	(408) -31%	(228) +44%	(259) -13%	(442) -71%	(370) +16%	(286) +23%	(297) -4%	(250) +16%	(233) +7%
Financing Cash Flow
Net Issuance of Debt	7	94	251	189	374	309	169	(22)	(151)	(280)	(254)	(176)
Cash Paid for Dividends	(19)	(21)	(46)	(50)	(34)	(35)	(48)	(49)	(49)	(50)	(46)	(48)
Other	597	650	606	3	(17)	(18)	73	172	131	104	45	23
Cash from Financing Activities	585 N/A	722 +23%	810 +12%	142 -83%	323 +128%	256 -21%	195 -24%	101 -48%	(69) N/A	(225) -225%	(255) -13%	(201) +21%
Change in Cash
Effect of Foreign Exchange Rates	(22)	(23)	(25)	(15)	(11)	(10)	6	10	48	42	27	21
Net Change in Cash	293 N/A	277 -5%	383 +38%	(512) N/A	(25) +95%	(6) +78%	(148) -2 514%	(6) +96%	41 N/A	(15) N/A	(14) +6%	(43) -208%
Free Cash Flow
Free Cash Flow	(41) N/A	(215) -423%	(391) -82%	(623) -59%	(552) +11%	(435) +21%	(331) +24%	(103) +69%	81 N/A	176 +118%	217 +23%	140 -35%

Zhejiang Walrus New Material Co Ltd
SZSE:003011