Weiye 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	-311.29	-52.63	7.63	-128.03
Depreciation & Amortization	6.1	7.94	11.71	15.55
Other Amortization	0.22	0.25	0.41	0.29
Loss (Gain) From Sale of Assets	0.54	-0.88	-9.53	-4.99
Asset Writedown & Restructuring Costs	122.22	0.05	1.13	0.24
Loss (Gain) From Sale of Investments	-1.06	-	-0.03	-4.38
Loss (Gain) on Equity Investments	-	0.11	0.22	1.29
Provision & Write-off of Bad Debts	18.34	19.01	6.35	0.65
Other Operating Activities	88.26	70.23	50.57	-68.18
Change in Accounts Receivable	-130.28	-33.85	-235.94	-23.24
Change in Inventory	-112.61	1,298	564.99	553.1
Change in Accounts Payable	150.6	-170.14	375.91	-432.82
Change in Unearned Revenue	-	-1,474	-760.4	985.5
Change in Other Net Operating Assets	-12.54	46.33	22.08	-29.87
Operating Cash Flow	-182.77	-289.56	35.1	865.11
Operating Cash Flow Growth	-	-	-95.94%	160.47%
Capital Expenditures	-3.88	-1.73	-10.4	-7.14
Sale of Property, Plant & Equipment	-	1	0.66	2.11
Cash Acquisitions	-	-	-	81.45
Divestitures	3.17	2.76	195.51	28.1
Sale (Purchase) of Intangibles	-	-	-0.05	-0.06
Investment in Securities	1.76	2.32	1.3	87.73
Other Investing Activities	1.56	3.34	0.74	-31.8
Investing Cash Flow	2.6	7.69	187.75	160.38
Long-Term Debt Issued	313.52	461.51	230.18	472.27
Total Debt Issued	313.52	461.51	230.18	472.27
Short-Term Debt Repaid	-	-	-	-6.09
Long-Term Debt Repaid	-114.97	-492.88	-840.27	-1,371
Total Debt Repaid	-114.97	-492.88	-840.27	-1,378
Net Debt Issued (Repaid)	198.56	-31.37	-610.09	-905.3
Other Financing Activities	-52.83	260.1	43.91	-26.9
Financing Cash Flow	145.72	228.73	-566.18	-932.19
Foreign Exchange Rate Adjustments	0.68	1.14	2.61	-3.76
Net Cash Flow	-33.77	-52	-340.72	89.54
Free Cash Flow	-186.65	-291.29	24.7	857.97
Free Cash Flow Growth	-	-	-97.12%	161.47%
Free Cash Flow Margin	-432.75%	-19.06%	1.86%	84.17%
Free Cash Flow Per Share	-0.95	-1.49	0.13	4.37
Cash Interest Paid	46.86	28.4	41.89	75.53
Cash Income Tax Paid	0.07	5.86	23.48	166.84
Levered Free Cash Flow	-83.01	-197.27	405.14	304.71
Unlevered Free Cash Flow	-54.6	-180.63	424.59	339.13
Change in Working Capital	-104.83	-333.16	-33.35	1,053

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