Zhong Ao Home 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	88.9	80.05	76.91	106.28
Depreciation & Amortization	45	40.33	40.65	47
Other Amortization	1.61	1.56	1.46	1.76
Loss (Gain) From Sale of Assets	-0.24	3.39	-8.21	10.32
Asset Writedown & Restructuring Costs	5.95	1.56	15.04	-1.83
Loss (Gain) on Equity Investments	-2.75	-3.01	-4.48	-4.02
Provision & Write-off of Bad Debts	20.63	26.2	19.32	19.04
Other Operating Activities	10.96	39.25	16.79	64.08
Change in Accounts Receivable	11.84	-68.37	-130.12	-105.45
Change in Inventory	-2.82	-0.67	-21.37	-15.5
Change in Accounts Payable	-13.44	9.39	62.97	-1.93
Change in Other Net Operating Assets	-106.87	-5.6	14.56	-85.93
Operating Cash Flow	58.77	124.09	83.53	33.83
Operating Cash Flow Growth	-52.63%	48.55%	146.89%	-84.43%
Capital Expenditures	-23.9	-26.27	-20.08	-48.77
Sale of Property, Plant & Equipment	1.57	4.03	2.87	1.2
Cash Acquisitions	-	-0.84	-59	0.44
Divestitures	-	-2.45	1.24	0.5
Sale (Purchase) of Intangibles	-0.07	-0.95	-2.88	-2.55
Sale (Purchase) of Real Estate	0.19	14.44	-1.23	1.44
Investment in Securities	2	-0.34	0.25	-1.7
Other Investing Activities	12.44	12.08	10.38	7.19
Investing Cash Flow	-7.76	-0.31	-68.46	-42.24
Short-Term Debt Issued	49.99	128.99	57.9	-
Long-Term Debt Issued	-	-	-	68.55
Total Debt Issued	49.99	128.99	57.9	68.55
Short-Term Debt Repaid	-53.06	-128.99	-44.05	-
Long-Term Debt Repaid	-5.94	-3.59	-2.9	-98.79
Total Debt Repaid	-59	-132.58	-46.95	-98.79
Net Debt Issued (Repaid)	-9.01	-3.59	10.95	-30.24
Common Dividends Paid	-19.57	-19.31	-17.87	-21.33
Other Financing Activities	-8.38	-17.25	2.16	0.41
Financing Cash Flow	-36.96	-40.14	-4.76	-51.16
Foreign Exchange Rate Adjustments	-0.47	1.9	-0.73	0.26
Net Cash Flow	13.57	85.53	9.59	-59.31
Free Cash Flow	34.88	97.81	63.45	-14.94
Free Cash Flow Growth	-64.34%	54.17%	-	-
Free Cash Flow Margin	1.96%	5.72%	3.73%	-0.80%
Free Cash Flow Per Share	0.04	0.11	0.07	-0.02
Cash Interest Paid	2.37	2.69	2.45	3.57
Cash Income Tax Paid	55.41	33.71	58.9	33.99
Levered Free Cash Flow	17.02	105.81	65.14	-132.39
Unlevered Free Cash Flow	18.5	107.92	66.94	-128.41
Change in Working Capital	-111.28	-65.25	-73.95	-208.81

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