Jia Yao 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	50.61	99.29	5.5	-26.22
Depreciation & Amortization	28.08	9.75	18.1	14.15
Loss (Gain) From Sale of Assets	1.99	-1.25	0.01	0.47
Asset Writedown & Restructuring Costs	-	-	-	0.15
Loss (Gain) From Sale of Investments	-0.28	-0.14	-	-
Stock-Based Compensation	-0.27	0.25	0.34	-
Provision & Write-off of Bad Debts	10.43	8.41	1.37	-1.05
Other Operating Activities	-41.85	0.71	13.11	-2.56
Change in Accounts Receivable	-21.04	-208.77	-107.45	7.83
Change in Inventory	-9.55	-26.6	36.25	-62.77
Change in Accounts Payable	-40.31	120.04	113.31	104.22
Change in Other Net Operating Assets	4.64	-5.96	-	-
Operating Cash Flow	-22.19	68.5	80.54	34.22
Operating Cash Flow Growth	-	-14.95%	135.35%	-
Capital Expenditures	-26.16	-36.98	-14.95	-30.7
Sale of Property, Plant & Equipment	1.77	0.37	0.02	1.53
Cash Acquisitions	-	-2.2	5.52	2
Divestitures	5.77	-0.8	-	-
Investment in Securities	-0.92	0.14	0.01	-
Other Investing Activities	-32.09	4.33	1.58	-
Investing Cash Flow	-51.63	-35.13	-7.82	-27.17
Short-Term Debt Issued	73.1	25	65	325.38
Total Debt Issued	73.1	25	65	325.38
Short-Term Debt Repaid	-33.85	-1.5	-101.08	-336.38
Long-Term Debt Repaid	-18.43	-5.22	-3.64	-0.72
Total Debt Repaid	-52.28	-6.72	-104.72	-337.1
Net Debt Issued (Repaid)	20.82	18.28	-39.72	-11.72
Issuance of Common Stock	-	-	164.27	-
Other Financing Activities	16.98	-5.62	2.58	-
Financing Cash Flow	37.8	12.67	127.14	-11.72
Foreign Exchange Rate Adjustments	-	-1.45	0.88	0.33
Net Cash Flow	-36.02	44.58	200.73	-4.34
Free Cash Flow	-48.35	31.52	65.59	3.52
Free Cash Flow Growth	-	-51.94%	1761.65%	-
Free Cash Flow Margin	-6.28%	4.10%	6.77%	0.51%
Free Cash Flow Per Share	-0.08	0.05	0.16	0.01
Cash Interest Paid	4.87	0.73	3.03	6.3
Cash Income Tax Paid	20.56	14.27	1.59	0.04
Levered Free Cash Flow	-142.04	19.88	74.06	12.37
Unlevered Free Cash Flow	-140.39	20.08	75.82	16.3
Change in Working Capital	-66.27	-121.29	42.12	49.28

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