Ajisen (China) Holdings 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	-20.22	181.19	-143.91	20.94
Depreciation & Amortization	321.49	316.69	367.49	379.73
Loss (Gain) From Sale of Assets	0.12	0.24	6.76	-1.04
Asset Writedown & Restructuring Costs	115.81	-5.24	52.69	-6.82
Loss (Gain) From Sale of Investments	15.46	-21.5	81.33	55.92
Loss (Gain) on Equity Investments	0.18	0.84	5.22	2.33
Stock-Based Compensation	1.05	1.73	2.99	0.87
Other Operating Activities	-62.74	24.01	-120.31	-41.29
Change in Accounts Receivable	19.01	-23.71	24.36	12.3
Change in Inventory	-0.38	23.17	20.36	16.62
Change in Accounts Payable	40.61	6.87	5.02	-18.62
Change in Unearned Revenue	-0.43	-1.12	-2.07	-3.2
Operating Cash Flow	429.95	503.18	299.92	417.72
Operating Cash Flow Growth	-14.55%	67.77%	-28.20%	3.06%
Capital Expenditures	-110.46	-70.32	-55.06	-121.26
Sale of Property, Plant & Equipment	2.12	9.87	6.72	1
Investment in Securities	-324.45	-471.07	-20	-
Other Investing Activities	40.35	24.94	20.43	15.68
Investing Cash Flow	-392.44	-506.58	-47.91	-104.57
Short-Term Debt Issued	2.89	0.4	1.23	0.02
Total Debt Issued	2.89	0.4	1.23	0.02
Short-Term Debt Repaid	-0.18	-4.14	-0.21	-1.21
Long-Term Debt Repaid	-221.5	-240.63	-231.35	-394.76
Total Debt Repaid	-221.68	-244.77	-231.55	-395.97
Net Debt Issued (Repaid)	-218.79	-244.38	-230.32	-395.96
Common Dividends Paid	-87.32	-65.49	-91.48	-109.15
Other Financing Activities	-27.2	-19.18	-26.02	-14.73
Financing Cash Flow	-333.31	-329.04	-347.82	-519.84
Foreign Exchange Rate Adjustments	1.35	2.75	33.38	-4.15
Net Cash Flow	-294.45	-329.7	-62.43	-210.84
Free Cash Flow	319.48	432.86	244.87	296.46
Free Cash Flow Growth	-26.19%	76.77%	-17.40%	6.00%
Free Cash Flow Margin	18.60%	23.84%	17.13%	14.85%
Free Cash Flow Per Share	0.29	0.40	0.22	0.27
Cash Interest Paid	22.6	19.18	26.02	2.25
Cash Income Tax Paid	18.87	10.77	15.73	57.15
Levered Free Cash Flow	238.66	302.17	242.55	233.33
Unlevered Free Cash Flow	252.78	314.15	258.81	252.05
Change in Working Capital	58.81	5.21	47.67	7.09

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.