Guangdong Huayan Robotics Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-29.92	17.87	3.45	-79.53
Depreciation & Amortization	10.37	7.39	6.81	6.12
Other Amortization	1.02	0.74	0.71	0.65
Loss (Gain) From Sale of Assets	0.04	-	-12.72	0.02
Loss (Gain) From Sale of Investments	-0.47	-0.05	-79.05	-2.1
Stock-Based Compensation	35.17	-	69.57	12.83
Provision & Write-off of Bad Debts	1.65	-0.18	-0.91	1.58
Other Operating Activities	-7.34	-2.51	-44.89	5.26
Change in Accounts Receivable	-89.85	-66.38	-29.36	-23.24
Change in Inventory	19.3	-21.51	-26.44	-47.22
Change in Accounts Payable	38.93	48.34	40.28	-5.72
Change in Unearned Revenue	-1.57	-3.75	5.75	4.78
Change in Other Net Operating Assets	4.84	32.52	6.55	-23.11
Operating Cash Flow	-17.42	11.92	-57.25	-153.46
Capital Expenditures	-7.1	-9.96	-3.79	-9.38
Sale of Property, Plant & Equipment	0.34	0.29	0.91	0.01
Divestitures	6.56	0.1	0.58	-
Sale (Purchase) of Intangibles	-3.91	-0.33	-	-1.04
Investment in Securities	-59.13	13.11	72.72	224.03
Other Investing Activities	18.89	0.26	70.11	-49.76
Investing Cash Flow	-44.36	3.47	140.52	163.86
Short-Term Debt Issued	-	-	-	10
Total Debt Issued	-	-	-	10
Short-Term Debt Repaid	-	-	-10	-
Long-Term Debt Repaid	-3.19	-3.25	-1.94	-2.99
Total Debt Repaid	-3.19	-3.25	-11.94	-2.99
Net Debt Issued (Repaid)	-3.19	-3.25	-11.94	7.01
Issuance of Common Stock	22.97	-	-	-
Other Financing Activities	-3.63	-	-0.21	2.85
Financing Cash Flow	16.16	-3.25	-12.15	9.86
Foreign Exchange Rate Adjustments	-0.57	0.91	0.02	-0.31
Net Cash Flow	-46.19	13.04	71.15	19.95
Free Cash Flow	-24.52	1.96	-61.04	-162.84
Free Cash Flow Margin	-6.34%	0.63%	-34.80%	-148.79%
Free Cash Flow Per Share	-0.06	0.01	-0.14	-0.38
Cash Interest Paid	-	-	0.21	0.15
Levered Free Cash Flow	8.28	-7.46	35.87	-
Unlevered Free Cash Flow	8.52	-7.33	36.19	-
Change in Working Capital	-27.94	-11.34	-0.22	-98.29

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