Huashi Group 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	FY 2020
Period Ending	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	80.64	64.98	45.66	18.47	24.23
Depreciation & Amortization	6.42	5.68	5.71	3.23	2.66
Other Amortization	1.22	1.17	1.17	1.09	-
Loss (Gain) From Sale of Assets	-	-	-	-	0.01
Loss (Gain) From Sale of Investments	-0.37	7.44	5.94	-1.49	1.03
Other Operating Activities	7.36	2.97	5.18	0.6	2.05
Change in Accounts Receivable	42.78	-147.24	-77.86	-8.81	-8.67
Change in Accounts Payable	-55.32	76.99	-2.9	2.29	6.35
Change in Unearned Revenue	4.25	-2.48	3.64	0.67	-4.34
Change in Other Net Operating Assets	-26.46	14.39	-15.78	2.37	5.02
Operating Cash Flow	60.52	23.89	-29.26	18.41	28.35
Operating Cash Flow Growth	153.35%	-	-	-35.06%	-
Capital Expenditures	-29.71	-11.87	-15.85	-0.68	-5.72
Sale (Purchase) of Intangibles	-85.25	-28.43	-3	-6	-5.82
Other Investing Activities	0.7	1.1	0.15	0.07	29.18
Investing Cash Flow	-114.26	-39.2	-18.7	13.39	-2.36
Long-Term Debt Issued	97	131.53	37.99	14.64	5.4
Long-Term Debt Repaid	-109.8	-48.26	-16.08	-7.4	-2.13
Net Debt Issued (Repaid)	-12.8	83.27	21.91	7.24	3.27
Issuance of Common Stock	-	119.56	-	0.32	-
Common Dividends Paid	-	-	-	-	-17.4
Other Financing Activities	-4.74	-18.08	-1.28	-21.22	-0.11
Financing Cash Flow	-17.54	184.75	20.63	-13.67	-14.24
Foreign Exchange Rate Adjustments	0.66	-1.29	-	-	-
Net Cash Flow	-70.63	168.15	-27.33	18.13	11.75
Free Cash Flow	30.81	12.02	-45.11	17.73	22.64
Free Cash Flow Growth	156.29%	-	-	-21.66%	-
Free Cash Flow Margin	10.68%	5.12%	-21.77%	11.25%	21.88%
Free Cash Flow Per Share	0.04	0.02	-0.07	-	-
Cash Interest Paid	4.74	2.02	1.28	0.44	0.11
Cash Income Tax Paid	15.9	13.59	6.08	4.41	3.03
Levered Free Cash Flow	-203.82	-28.95	-58.82	16.23	-
Unlevered Free Cash Flow	-200.64	-27.53	-57.91	16.66	-
Change in Net Working Capital	153.52	52.04	84.31	2.41	-

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