China Foods 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	860.54	832.58	659.84	572.42
Depreciation & Amortization	856.54	849.76	681.07	600.23
Loss (Gain) From Sale of Assets	10.92	6.93	5.29	-16.2
Asset Writedown & Restructuring Costs	0.16	-	0.58	6.03
Loss (Gain) From Sale of Investments	-	-91.61	-	-
Loss (Gain) on Equity Investments	-5.25	-	-29.89	-29.45
Provision & Write-off of Bad Debts	8.07	22.94	3.83	2.3
Other Operating Activities	398.53	621.4	524.71	442.44
Change in Accounts Receivable	27.96	13.45	-35.67	-24.33
Change in Inventory	305.16	191.89	71.68	-92.74
Change in Accounts Payable	29.89	14	215.09	-65.44
Change in Unearned Revenue	-511.79	484.07	-596.26	-186.28
Change in Other Net Operating Assets	864.7	-512.6	-395.33	-128.35
Operating Cash Flow	2,847	2,430	1,141	1,074
Operating Cash Flow Growth	17.18%	112.93%	6.25%	-51.50%
Capital Expenditures	-712.42	-627.47	-881.89	-713.58
Sale of Property, Plant & Equipment	5.73	8.13	11.44	31.73
Cash Acquisitions	-	51.06	-	-230.05
Sale (Purchase) of Intangibles	-12.07	-20.24	-6.81	-13.63
Investment in Securities	63	-	-	-
Other Investing Activities	94.93	24.09	26.04	78.89
Investing Cash Flow	-560.83	-564.43	-851.23	-846.64
Long-Term Debt Repaid	-60.74	-61.11	-49.6	-65.74
Net Debt Issued (Repaid)	-60.74	-61.11	-49.6	-65.74
Common Dividends Paid	-413.99	-337.36	-297.05	-248.95
Other Financing Activities	-90.2	-211.18	-497.49	-181.37
Financing Cash Flow	-564.93	-609.65	-844.14	-496.06
Net Cash Flow	1,721	1,256	-554.3	-268.71
Free Cash Flow	2,135	1,802	259.17	360.41
Free Cash Flow Growth	18.45%	595.38%	-28.09%	-78.15%
Free Cash Flow Margin	9.93%	8.40%	1.24%	1.82%
Free Cash Flow Per Share	0.76	0.64	0.09	0.13
Cash Interest Paid	4.75	4.97	3.51	0.15
Cash Income Tax Paid	553.65	333.21	410.45	357.06
Levered Free Cash Flow	2,875	1,420	-124.45	377.02
Unlevered Free Cash Flow	2,878	1,423	-122.25	379.82
Change in Working Capital	717.66	187.69	-704.35	-503.78

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.