PW Medtech 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	150.78	153.18	106.04	739.12
Depreciation & Amortization	117.73	98.24	78.58	31.41
Other Amortization	0.02	0.02	0.01	0
Loss (Gain) From Sale of Assets	0.11	7.14	0.01	-731.79
Asset Writedown & Restructuring Costs	1.18	0.06	11.65	52.59
Stock-Based Compensation	18.6	-	-	-
Provision & Write-off of Bad Debts	-2.67	-4.17	-2.72	1.14
Other Operating Activities	-14.48	-23.24	57.2	-66.98
Change in Accounts Receivable	13.95	-11.49	-28.46	3.71
Change in Inventory	15.24	-4.57	-5.46	5.86
Change in Accounts Payable	7.4	5.65	40.42	2.82
Change in Unearned Revenue	10.58	-5.09	7.26	-0.64
Operating Cash Flow	318.43	211.03	269.23	37.24
Operating Cash Flow Growth	50.89%	-21.62%	622.91%	-52.38%
Capital Expenditures	-56.5	-47.31	-52.46	-11.32
Sale of Property, Plant & Equipment	0.55	3.7	0.11	0.14
Cash Acquisitions	-	-	-1,014	-
Divestitures	-	35.99	-	-
Sale (Purchase) of Intangibles	-15.58	-34.61	-9.4	-
Sale (Purchase) of Real Estate	0.82	-	-	-
Investment in Securities	-0.25	0.73	48.83	2,770
Other Investing Activities	50.65	43.83	35.37	57.34
Investing Cash Flow	-20.32	-26.67	-1,082	2,636
Long-Term Debt Issued	5.8	-	-	-
Total Debt Issued	5.8	-	-	-
Long-Term Debt Repaid	-1.5	-0.67	-83.64	-28.42
Total Debt Repaid	-1.5	-0.67	-83.64	-28.42
Net Debt Issued (Repaid)	4.3	-0.67	-83.64	-28.42
Repurchase of Common Stock	-80.22	-	-3.06	-
Common Dividends Paid	-134.37	-71.6	-	-2,062
Other Financing Activities	-0.37	89.8	1.54	-0.6
Financing Cash Flow	-210.66	17.53	-85.16	-2,091
Foreign Exchange Rate Adjustments	4.89	5.84	-4.6	0.63
Net Cash Flow	92.33	207.74	-902.86	582.99
Free Cash Flow	261.93	163.73	216.77	25.92
Free Cash Flow Growth	59.98%	-24.47%	736.25%	-63.14%
Free Cash Flow Margin	34.06%	24.25%	40.38%	9.55%
Free Cash Flow Per Share	0.17	0.10	0.14	0.02
Cash Interest Paid	0.37	0.15	0.46	0.6
Cash Income Tax Paid	36.97	44.56	14.33	7.01
Levered Free Cash Flow	229.94	233.51	-236.55	2,229
Unlevered Free Cash Flow	230.17	233.6	-236.26	2,229
Change in Working Capital	47.17	-15.5	13.76	11.74

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