CANbridge Pharmaceuticals 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	14.82	-442.62	-378.84	-483.48	-1,077
Depreciation & Amortization	12.1	27.16	28.34	21.92	15.67
Other Amortization	0.05	0.09	0.12	0.06	0.03
Loss (Gain) From Sale of Assets	-102.13	-2.23	2.01	1.25	-9.73
Asset Writedown & Restructuring Costs	0.73	89.41	4.01	-	-
Stock-Based Compensation	5.07	7.69	19.92	26.82	30.51
Other Operating Activities	-5.23	15.63	18.13	33.5	430.43
Change in Accounts Receivable	-13.35	14.64	-12.17	-9.91	-2.1
Change in Inventory	1.6	0.88	1.04	3.62	-12.9
Change in Accounts Payable	2.73	165.09	90.51	63.93	-3.11
Change in Unearned Revenue	46.39	-	-	-	-
Change in Other Net Operating Assets	-0.98	1.87	-51.3	61.31	41.12
Operating Cash Flow	-38.21	-122.4	-278.23	-280.98	-587.07
Capital Expenditures	-0.01	-0.11	-5.14	-15.2	-5.09
Sale of Property, Plant & Equipment	1.23	0.03	-	-	-
Sale (Purchase) of Intangibles	-	-	-35.33	-0.14	131.18
Sale (Purchase) of Real Estate	-	14.01	14.01	-	-
Other Investing Activities	-	-	-0.38	-19.45	-
Investing Cash Flow	1.23	13.93	-26.86	-34.79	126.09
Long-Term Debt Issued	20.03	27.93	19.8	38.63	20.76
Long-Term Debt Repaid	-38.23	-45.08	-45.77	-43.31	-32.08
Net Debt Issued (Repaid)	-18.21	-17.15	-25.97	-4.68	-11.32
Issuance of Common Stock	111.65	0.04	0.08	0.03	563.8
Other Financing Activities	-0.98	-1.45	-2.13	-16.06	-33.07
Financing Cash Flow	92.47	-18.57	-28.02	-20.7	854.31
Foreign Exchange Rate Adjustments	0.64	0.05	6.85	41.81	-8.32
Net Cash Flow	56.12	-126.99	-326.26	-294.66	385.01
Free Cash Flow	-38.22	-122.5	-283.38	-296.18	-592.16
Free Cash Flow Margin	-76.46%	-143.94%	-275.47%	-375.04%	-1900.31%
Free Cash Flow Per Share	-0.08	-0.29	-0.67	-0.70	-6.28
Cash Interest Paid	0.98	1.45	1.49	2.17	1.38
Levered Free Cash Flow	-58.45	16.48	-202.09	-142.04	-207.98
Unlevered Free Cash Flow	-57.06	21.84	-196.5	-137.75	-206.05
Change in Working Capital	36.39	182.48	28.08	118.95	23.02

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