V.S. International 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 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021
Net Income	3.6	-11.36	-	-22.32	-48.25	-5.61
Depreciation & Amortization	26.87	19.58	-	13.46	22.78	24.69
Loss (Gain) From Sale of Assets	-0.22	-0.22	-	-2	4.81	-2.77
Asset Writedown & Restructuring Costs	18.09	18.09	-	11.5	27.71	9.17
Loss (Gain) From Sale of Investments	2.92	2.92	-	0.03	0.01	3.89
Loss (Gain) on Equity Investments	-4.49	-4.49	-	-2.4	-2.13	-4.45
Other Operating Activities	3.35	-24.43	-	0.42	0.04	3.1
Change in Accounts Receivable	3.08	3.08	-	15.37	40.67	22.29
Change in Inventory	-2.03	-2.03	-	8.79	3.25	2.89
Change in Accounts Payable	-4.77	-4.77	-	-9.47	-13.78	-47.72
Change in Other Net Operating Assets	0.79	0.79	-	0.2	2.35	4.88
Operating Cash Flow	47.19	-2.84	-	13.57	37.45	10.37
Operating Cash Flow Growth	-	-	-	-63.78%	261.35%	-85.22%
Capital Expenditures	-11.61	-6.95	-	-	-0.26	-2.8
Sale of Property, Plant & Equipment	0.63	1.53	-	2.67	0.78	4.19
Investment in Securities	18.89	18.89	-	-	-	-
Other Investing Activities	0.73	1.19	-	0.92	1.06	0.52
Investing Cash Flow	8.64	14.67	-	3.59	1.58	1.9
Short-Term Debt Issued	-	-	-	-	-	59.01
Total Debt Issued	-	-	-	-	-	59.01
Short-Term Debt Repaid	-	-	-	-	-53.63	-123.69
Long-Term Debt Repaid	-	-	-	-4.48	-0.22	-6.15
Total Debt Repaid	-47.52	-31.61	-	-4.48	-53.85	-129.84
Net Debt Issued (Repaid)	-47.52	-31.61	-	-4.48	-53.85	-70.83
Other Financing Activities	5.03	-3.79	-	4.17	40.22	7.58
Financing Cash Flow	-42.48	-35.4	-	-0.31	-13.62	-63.26
Foreign Exchange Rate Adjustments	0.4	1.1	-	-	-	-
Net Cash Flow	13.75	-22.46	-	16.85	25.41	-50.99
Free Cash Flow	35.58	-9.78	-	13.57	37.2	7.56
Free Cash Flow Growth	-	-	-	-63.53%	391.83%	-87.23%
Free Cash Flow Margin	9.07%	-5.79%	-	17.75%	30.64%	2.95%
Free Cash Flow Per Share	0.01	-0.00	-	0.01	0.02	0.00
Cash Interest Paid	3.72	3.72	-	1.83	2.21	5.23
Cash Income Tax Paid	7.31	0.75	-	0.12	0.79	0.36
Levered Free Cash Flow	-	-	-	20.95	75.95	11.59
Unlevered Free Cash Flow	-	-	-	22.05	77.27	15.39
Change in Working Capital	-2.93	-2.93	-	14.89	32.48	-17.67

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