Tong Tong AI Social Group 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	46.24	39.64	37	-5.64	-127.98	14.32
Depreciation & Amortization	29.81	11.58	1.17	1.35	1.38	1.76
Other Amortization	2.28	2.28	-	51	157.02	4.67
Loss (Gain) From Sale of Assets	-	-	-	-	0.02	-0.01
Loss (Gain) From Sale of Investments	-	-	-	-	-0.25	1.97
Provision & Write-off of Bad Debts	3.47	3.47	3.41	0.01	5.06	22.4
Other Operating Activities	70.58	15.45	-6.71	20.78	13.25	16.93
Change in Accounts Receivable	-227.68	-227.68	-125.66	-89.55	-95.75	8.41
Change in Accounts Payable	-4.76	-4.76	-	-0.9	-	0.07
Change in Unearned Revenue	9.9	9.9	-	-	-	-
Change in Other Net Operating Assets	-2.13	-2.13	6.55	1.29	-5.14	8.54
Operating Cash Flow	-72.3	-152.26	-84.25	-21.65	-52.39	79.06
Capital Expenditures	-1.29	-0.95	-	-	-	-
Sale of Property, Plant & Equipment	-	-	-	-	-	0.01
Cash Acquisitions	1.61	8.34	-	-	-	-
Divestitures	-	-	-	-	-0.01	-
Sale (Purchase) of Intangibles	-83.12	-34.68	-	-	-	-
Investment in Securities	18	-	-	-	146.16	-45.49
Other Investing Activities	3.06	5.27	443.16	585.59	-206.43	164.38
Investing Cash Flow	-61.75	-22.02	443.16	585.59	-60.28	118.9
Short-Term Debt Issued	-	-	-	367.5	851	809.5
Total Debt Issued	15.61	-	-	367.5	851	809.5
Short-Term Debt Repaid	-	-	-367.5	-851	-809.5	-927
Long-Term Debt Repaid	-	-1.46	-18.99	-14.02	-1.2	-1.44
Total Debt Repaid	-1.55	-1.46	-386.49	-865.02	-810.7	-928.44
Net Debt Issued (Repaid)	14.06	-1.46	-386.49	-497.52	40.3	-118.94
Other Financing Activities	-0.41	-0.19	-5.25	-30.13	-40.15	-36.19
Financing Cash Flow	13.65	-1.65	-391.74	-527.64	0.15	-155.13
Foreign Exchange Rate Adjustments	-0.69	22.03	14.11	19.77	9.34	-9.02
Net Cash Flow	-121.08	-153.9	-18.72	56.06	-103.19	33.8
Free Cash Flow	-73.59	-153.2	-84.25	-21.65	-52.39	79.06
Free Cash Flow Margin	-17.99%	-56.82%	-92.56%	-22.72%	-54.71%	69.33%
Free Cash Flow Per Share	-0.01	-0.04	-0.03	-0.01	-0.02	0.03
Cash Interest Paid	0.25	0.04	5.25	30.13	40.15	36.19
Cash Income Tax Paid	11.06	8.66	8.77	2.37	5.65	1.26
Levered Free Cash Flow	-151.06	-206.41	354.02	497.17	-124.61	224.57
Unlevered Free Cash Flow	-148.99	-205.69	357.08	516.07	-104.15	249.86
Change in Working Capital	-224.67	-224.67	-119.11	-89.16	-100.89	17.02

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