Xinda Investment 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-24.42	-18.18	-306.37	-28.22
Depreciation & Amortization	31.13	35	35.34	31.5
Other Amortization	-	0.09	1.06	1.67
Loss (Gain) From Sale of Assets	0.03	0.02	8.46	-0.75
Asset Writedown & Restructuring Costs	33.32	58.79	-	11.72
Loss (Gain) From Sale of Investments	-	-	-	-0.7
Loss (Gain) on Equity Investments	-	-30.52	265.85	-2.46
Provision & Write-off of Bad Debts	27.27	-4.08	23.57	2.41
Other Operating Activities	-9.03	7.12	32.86	38.8
Change in Accounts Receivable	-25.4	-26.12	-49.42	28.72
Change in Inventory	1.91	1.42	23.89	-0.87
Change in Accounts Payable	5.37	-4.09	-14.05	-2.08
Change in Unearned Revenue	-1.68	4.97	-5.33	2.3
Operating Cash Flow	29.89	18.12	7.57	79.95
Operating Cash Flow Growth	65.00%	139.48%	-90.54%	-57.87%
Capital Expenditures	-0.2	-1.27	-28.78	-32.2
Sale of Property, Plant & Equipment	-	0.21	0.12	-
Cash Acquisitions	-	-	0.45	-
Divestitures	-	-	-0.14	5.17
Sale (Purchase) of Intangibles	-	-	-0.26	-
Investment in Securities	-177.93	-	-	44.61
Other Investing Activities	-1.85	38.3	26.33	-5.64
Investing Cash Flow	-171.36	38.16	5.79	25.8
Short-Term Debt Issued	-	0.66	2.49	2.36
Total Debt Issued	-	0.66	2.49	2.36
Short-Term Debt Repaid	-2.91	-1.17	-1.94	-3.95
Long-Term Debt Repaid	-30.5	-26.53	-24.91	-26.27
Total Debt Repaid	-33.41	-27.7	-26.86	-30.23
Net Debt Issued (Repaid)	-33.41	-27.04	-24.37	-27.87
Other Financing Activities	-9.38	-9.88	-9.82	-13.32
Financing Cash Flow	-42.79	-36.92	-34.19	-41.19
Foreign Exchange Rate Adjustments	-	-	3.89	2.32
Net Cash Flow	-184.25	19.36	-16.94	66.87
Free Cash Flow	29.7	16.85	-21.21	47.75
Free Cash Flow Growth	76.31%	-	-	-74.71%
Free Cash Flow Margin	26.00%	14.77%	-10.87%	10.32%
Free Cash Flow Per Share	0.02	0.01	-0.01	0.03
Cash Interest Paid	9.38	9.88	11.82	13.32
Cash Income Tax Paid	-0.29	-1	2.41	-0.79
Levered Free Cash Flow	26.67	16.05	66.25	15.51
Unlevered Free Cash Flow	32.53	22.22	73.63	23.83
Change in Working Capital	-19.8	-23.81	-44.91	28.07

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.