Tiande Chemical Holdings Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	59.68	66.88	211.07	870.92	379.65	94.82
Depreciation & Amortization	184.09	177.3	138.16	129.22	125.36	116.01
Loss (Gain) From Sale of Assets	0.05	0.05	-0.05	-0.25	0.13	-6.25
Asset Writedown & Restructuring Costs	1.61	1.61	1.4	0.7	20.28	1
Stock-Based Compensation	-	-	0.63	1.93	0.79	-
Provision & Write-off of Bad Debts	1.6	1.6	0.45	-0.23	0.52	-1.97
Other Operating Activities	-138.44	-37.36	-78.24	92.96	108.7	-68.21
Change in Accounts Receivable	59.37	59.37	380.88	-253.87	-268.79	36.86
Change in Inventory	-10.59	-10.59	34.36	29.38	-102.37	-6.1
Change in Accounts Payable	137.63	137.63	-23.74	-20	3.08	5.71
Change in Unearned Revenue	-1.05	-1.05	-15.7	4.09	6.97	-1.35
Operating Cash Flow	293.93	395.43	649.23	854.84	274.33	170.53
Operating Cash Flow Growth	-20.89%	-39.09%	-24.05%	211.61%	60.87%	-30.44%
Capital Expenditures	-180.6	-199.76	-318.47	-262.1	-213.47	-215.85
Sale of Property, Plant & Equipment	1.44	0.52	0.19	0.27	2.42	8.45
Investment in Securities	341.69	-53.88	-242	-197.46	-	-
Other Investing Activities	36.75	33.47	16.85	-10.16	126.66	26.81
Investing Cash Flow	199.29	-219.65	-543.42	-469.45	-84.39	-180.6
Short-Term Debt Issued	-	196.38	11	10	61.68	150
Total Debt Issued	301.01	196.38	11	10	61.68	150
Short-Term Debt Repaid	-	-96.24	-51	-120	-123.66	-170
Total Debt Repaid	-199.22	-96.24	-51	-120	-123.66	-170
Net Debt Issued (Repaid)	101.79	100.13	-40	-110	-61.99	-20
Issuance of Common Stock	7.58	6.75	-	18.06	-	-
Common Dividends Paid	-96.63	-96.63	-186.65	-243.29	-21.42	-
Other Financing Activities	-9.37	-3.61	-5.9	-1.89	-5.36	-9.44
Financing Cash Flow	3.37	6.65	-232.55	-337.13	-88.77	-29.44
Foreign Exchange Rate Adjustments	-7.05	0.19	7.67	20.05	-0.14	0.32
Net Cash Flow	489.54	182.61	-119.06	68.32	101.04	-39.19
Free Cash Flow	113.33	195.67	330.76	592.74	60.86	-45.32
Free Cash Flow Growth	-29.25%	-40.84%	-44.20%	873.96%	-	-
Free Cash Flow Margin	6.23%	10.44%	15.90%	16.84%	2.35%	-3.33%
Free Cash Flow Per Share	0.13	0.22	0.38	0.68	0.07	-0.05
Cash Interest Paid	9.37	3.61	5.9	1.89	5.36	9.44
Cash Income Tax Paid	53.96	11.7	133.84	319.42	55.48	18.13
Levered Free Cash Flow	-92.77	26.66	391.23	406.55	96.95	-262.45
Unlevered Free Cash Flow	-86.84	28.99	391.34	408.28	100.98	-255.32
Change in Working Capital	185.35	185.35	375.81	-240.41	-361.11	35.12

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