Huili Resources (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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	160.3	167.61	180.84	-16.69
Depreciation & Amortization	22.8	12.3	10.19	4.27
Loss (Gain) From Sale of Assets	-0.23	-0.16	-	-0.42
Asset Writedown & Restructuring Costs	-	0.09	-	-
Loss (Gain) From Sale of Investments	-	1.51	1.71	-0.57
Provision & Write-off of Bad Debts	13.25	1.37	-1.36	1.87
Other Operating Activities	-2.86	-10.16	12.6	-1.41
Change in Accounts Receivable	-211.11	-56	56.14	8.39
Change in Inventory	-334.3	-451.76	-2.92	-
Change in Accounts Payable	422.91	451.82	-186.4	91.63
Change in Unearned Revenue	48.79	17.82	-36.78	14.32
Change in Other Net Operating Assets	48.71	-33.66	104.99	-31.13
Operating Cash Flow	150.95	101.49	136.22	72.34
Operating Cash Flow Growth	48.73%	-25.49%	88.30%	-
Capital Expenditures	-53.99	-13.22	-14.21	-
Sale of Property, Plant & Equipment	0.25	-	-	0.42
Cash Acquisitions	7.17	16.45	24.77	-9.6
Investment in Securities	8.64	13.49	-13.5	3.7
Other Investing Activities	38.05	-8.72	2.86	1.56
Investing Cash Flow	0.12	7.99	-0.08	-3.92
Long-Term Debt Issued	35.85	-	-	-
Total Debt Issued	35.85	-	-	-
Long-Term Debt Repaid	-3.77	-2.51	-1.56	-1.6
Total Debt Repaid	-3.77	-2.51	-1.56	-1.6
Net Debt Issued (Repaid)	32.08	-2.51	-1.56	-1.6
Other Financing Activities	-1	-1.32	-0.29	-0.06
Financing Cash Flow	31.09	-3.83	-1.85	-1.66
Foreign Exchange Rate Adjustments	-0.92	-0.36	-0.85	-0.04
Net Cash Flow	181.24	105.29	133.44	66.73
Free Cash Flow	96.97	88.27	122.01	72.34
Free Cash Flow Growth	9.85%	-27.65%	68.65%	-
Free Cash Flow Margin	2.41%	3.10%	6.05%	4.92%
Free Cash Flow Per Share	0.05	0.05	0.07	0.04
Cash Interest Paid	1	0.82	0.29	0.06
Cash Income Tax Paid	17.67	41.21	16.07	2.92
Levered Free Cash Flow	-60.25	28.42	129.08	36.84
Unlevered Free Cash Flow	-55.58	28.94	129.26	36.88
Change in Working Capital	-24.99	-71.77	-64.96	83.21

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