Kinetic Development Group 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	2,110	2,078	2,665	2,469	814.8
Depreciation & Amortization	175.78	139.24	136.27	123.08	115.7
Loss (Gain) From Sale of Assets	0.12	-7.36	10.99	-0.31	3.91
Asset Writedown & Restructuring Costs	111.71	-	8.03	-	-
Loss (Gain) From Sale of Investments	-145.67	-50.43	40.88	134.08	-
Loss (Gain) on Equity Investments	-10.61	-11.11	-14.54	-19.06	-23.19
Other Operating Activities	156.04	-332.74	133.72	399.44	166.45
Change in Accounts Receivable	-21.83	91.54	9.01	-120.41	25.73
Change in Inventory	-380.09	20.96	-51.64	18.43	10.19
Change in Accounts Payable	322.05	-225.34	173.73	85.4	82.38
Change in Other Net Operating Assets	32.46	9.22	-16.8	-59.1	-
Operating Cash Flow	2,350	1,712	3,094	3,030	1,196
Operating Cash Flow Growth	37.27%	-44.68%	2.11%	153.37%	38.69%
Capital Expenditures	-454.17	-490	-816.68	-180.75	-85.83
Sale of Property, Plant & Equipment	1.16	-	1.94	0.03	0.52
Cash Acquisitions	-118.93	-341.12	-3,487	-892.73	-
Sale (Purchase) of Intangibles	-90.97	-	-	-	-
Investment in Securities	-146.53	43.33	37.6	62.33	-465.79
Other Investing Activities	-9.46	-116.08	-9.58	63.31	-2.71
Investing Cash Flow	-818.89	-903.88	-4,276	-873.8	-540.81
Long-Term Debt Issued	610.07	1,069	1,033	278.07	228.36
Total Debt Issued	610.07	1,069	1,033	278.07	228.36
Long-Term Debt Repaid	-1,234	-650.24	-446.63	-207.4	-364.36
Total Debt Repaid	-1,234	-650.24	-446.63	-207.4	-364.36
Net Debt Issued (Repaid)	-623.8	419.13	586.38	70.67	-136
Repurchase of Common Stock	-23.51	-	-	-	-
Common Dividends Paid	-1,535	-775.24	-899.23	-661.53	-339.4
Other Financing Activities	552.49	-264.66	-337.03	-50.15	200.2
Financing Cash Flow	-1,630	-620.77	-649.88	-641.02	-275.2
Foreign Exchange Rate Adjustments	-4.82	-4.88	-4.16	-5.87	0.59
Net Cash Flow	-104.21	182.28	-1,835	1,509	380.55
Free Cash Flow	1,896	1,222	2,277	2,849	1,110
Free Cash Flow Growth	55.14%	-46.35%	-20.07%	156.67%	44.69%
Free Cash Flow Margin	33.52%	25.75%	37.00%	51.06%	37.49%
Free Cash Flow Per Share	0.23	0.14	0.27	0.34	0.13
Cash Interest Paid	47.51	64.66	33.52	8.95	9.79
Cash Income Tax Paid	605.16	762.46	872.01	532.69	222.8
Levered Free Cash Flow	1,576	881.08	1,718	2,412	1,101
Unlevered Free Cash Flow	1,606	921.6	1,740	2,418	1,106
Change in Working Capital	-47.41	-103.63	114.29	-75.68	118.3

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