Adtiger Corporations 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	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	5.56	-4.24	-10.87	8.99	11.83
Depreciation & Amortization	1.53	2.56	2.36	1.52	1.11
Loss (Gain) From Sale of Assets	0.05	-	-	-0.02	-
Loss (Gain) From Sale of Investments	0.42	0.18	0.01	-1.15	-0.08
Loss (Gain) on Equity Investments	-	4.2	0.3	-	-
Provision & Write-off of Bad Debts	2.44	0.9	6.43	0.42	-0.37
Other Operating Activities	-2.01	-8.44	-6.35	-4.54	2.76
Change in Accounts Receivable	0.88	-49.98	19.83	-97.92	1.67
Change in Accounts Payable	32.83	27.64	29.36	177.95	-0.15
Change in Other Net Operating Assets	36.31	13.27	21.55	17.32	-6.1
Operating Cash Flow	78	-13.91	62.61	102.58	10.69
Operating Cash Flow Growth	-	-	-38.96%	859.74%	88.97%
Capital Expenditures	-0.19	-0.01	-0.29	-0.21	-0.32
Sale of Property, Plant & Equipment	-	-	-	0.02	-
Investment in Securities	0.09	2.34	58.54	-106.57	-20.5
Other Investing Activities	-	46.63	-45.6	-	-
Investing Cash Flow	-0.1	48.96	12.65	-106.76	-20.82
Long-Term Debt Repaid	-1.18	-2.38	-2.23	-1.51	-1.02
Net Debt Issued (Repaid)	-1.18	-2.38	-2.23	-1.51	-1.02
Issuance of Common Stock	12.38	-	11.72	-	-
Repurchase of Common Stock	-	-	-	-2.53	-0.74
Other Financing Activities	-0.24	-	-0.28	-	0.98
Financing Cash Flow	10.96	-2.38	9.2	-4.03	-0.78
Foreign Exchange Rate Adjustments	-7.56	3.97	2.44	10.2	-0.55
Net Cash Flow	81.3	36.64	86.91	1.98	-11.45
Free Cash Flow	77.81	-13.92	62.33	102.37	10.37
Free Cash Flow Growth	-	-	-39.12%	887.18%	86.41%
Free Cash Flow Margin	22.46%	-4.59%	21.19%	28.87%	2.95%
Free Cash Flow Per Share	0.09	-0.02	0.09	0.17	0.02
Cash Income Tax Paid	3.81	5.29	3.05	5.84	1.06
Levered Free Cash Flow	69.16	-10.85	63.11	106.64	11.41
Unlevered Free Cash Flow	69.2	-10.8	63.17	106.66	11.43
Change in Working Capital	70.02	-9.07	70.75	97.35	-4.58

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