361 Degrees International 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	1,309	1,149	961.43	747.12	601.7
Depreciation & Amortization	125.95	76.98	75.36	68.58	73.54
Loss (Gain) From Sale of Assets	2.53	5.42	1.53	6.81	0.64
Stock-Based Compensation	-	-	-	43.65	26.13
Provision & Write-off of Bad Debts	45.47	42.32	-45.21	166.42	42.26
Other Operating Activities	91	104.7	93.5	-32.02	98.62
Change in Accounts Receivable	-390.36	-606.57	-784.35	-592.89	-385.45
Change in Inventory	31.04	-759.86	-172.68	-286.57	-119.52
Change in Accounts Payable	231.63	116.09	250.38	255.09	318.82
Change in Other Net Operating Assets	-631.52	-57.88	27.86	4.16	-284.79
Operating Cash Flow	814.62	69.81	407.81	380.34	371.95
Operating Cash Flow Growth	1066.95%	-82.88%	7.22%	2.25%	1528.65%
Capital Expenditures	-285.22	-268.66	-63.98	-30.96	-8.98
Sale of Property, Plant & Equipment	1	2.87	1.53	3.13	0.34
Cash Acquisitions	-94.47	-	-	-	-
Sale (Purchase) of Intangibles	-	-	-	-	-0.62
Investment in Securities	-	1,600	400	-	1,000
Other Investing Activities	9.34	32.04	79.22	112.92	78.29
Investing Cash Flow	-369.36	1,366	416.77	85.09	1,069
Long-Term Debt Issued	457	189.96	400	265	100
Total Debt Issued	457	189.96	400	265	100
Long-Term Debt Repaid	-425.42	-223.05	-403.21	-181.64	-1,823
Total Debt Repaid	-425.42	-223.05	-403.21	-181.64	-1,823
Net Debt Issued (Repaid)	31.58	-33.09	-3.21	83.36	-1,723
Issuance of Common Stock	-	-	0.29	-	-
Common Dividends Paid	-584.46	-580.37	-121.81	-	-
Other Financing Activities	-55.46	-163.46	-954.66	-23.93	171.35
Financing Cash Flow	-608.34	-776.91	-1,079	59.43	-1,552
Foreign Exchange Rate Adjustments	2.69	-1.39	-9.15	-3.42	-1.37
Net Cash Flow	-160.39	657.75	-263.95	521.43	-112.32
Free Cash Flow	529.4	-198.86	343.83	349.38	362.97
Free Cash Flow Growth	-	-	-1.59%	-3.74%	2253.13%
Free Cash Flow Margin	4.75%	-1.97%	4.08%	5.02%	6.12%
Free Cash Flow Per Share	0.26	-0.10	0.17	0.17	0.18
Cash Interest Paid	10.51	13.46	20.16	9.41	35.6
Cash Income Tax Paid	363.63	275.41	263.04	285.47	298.83
Levered Free Cash Flow	220.14	-349.76	149.72	282.31	296.84
Unlevered Free Cash Flow	226.71	-341.35	162.32	288.19	319.85
Change in Working Capital	-759.21	-1,308	-678.79	-620.22	-470.93

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