OneForce Holdings Cash Flow Statement

Financials in millions CNY. Fiscal year is April - March.

Millions CNY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	-94.88	-37.55	8.36	32.57	22.02	20.86
Depreciation & Amortization	0.99	2.43	2.03	1.94	2.05	1.86
Other Amortization	2.51	2.51	5.5	10.33	11.43	13.26
Loss (Gain) From Sale of Investments	-	-	-	-	-0.12	-0.13
Loss (Gain) on Equity Investments	-0.03	-0.03	-0.01	-0.04	-0.18	-0.01
Stock-Based Compensation	-	-	-	-	0.07	0.39
Provision & Write-off of Bad Debts	30.75	30.75	11.89	9.49	8.36	0.7
Other Operating Activities	34	-1.04	3.99	3.73	5.71	5.62
Change in Accounts Receivable	26.49	26.49	-65.69	-108.15	-98.28	-102.89
Change in Inventory	14.37	14.37	-39.28	-4.95	-2.62	-2.86
Change in Accounts Payable	-36.76	-36.76	15.25	41.46	27.71	47.2
Change in Other Net Operating Assets	-	-	9.67	17.52	9.63	-1.84
Operating Cash Flow	-22.55	1.17	-48.28	3.9	-14.23	-17.85
Capital Expenditures	-0	-0	-0.36	-0.15	-3.07	-0.46
Sale of Property, Plant & Equipment	-	-	-	-	0.01	0.02
Sale (Purchase) of Intangibles	-	-	-	-	-	-4.07
Investment in Securities	-	-	-	-	9	-9
Other Investing Activities	0.23	0.23	-	-	1.75	-1.5
Investing Cash Flow	0.23	0.23	-0.36	-0.15	13.69	-15.01
Short-Term Debt Issued	-	-	2.06	-	-	56.41
Long-Term Debt Issued	-	131.98	139.38	84.13	60.82	-
Total Debt Issued	126.75	131.98	141.44	84.13	60.82	56.41
Short-Term Debt Repaid	-	-	-	-0.26	-13.71	-30.74
Long-Term Debt Repaid	-	-145.16	-71.86	-58.73	-37.45	-0.46
Total Debt Repaid	-143.91	-145.16	-71.86	-58.98	-51.16	-31.2
Net Debt Issued (Repaid)	-17.16	-13.18	69.57	25.15	9.65	25.21
Other Financing Activities	5.33	4.96	-13.83	-2.59	-1.79	-1.17
Financing Cash Flow	-11.83	-8.22	55.74	22.56	7.87	24.04
Foreign Exchange Rate Adjustments	0.08	0.08	0.27	0.61	-0.45	-1.14
Net Cash Flow	-34.07	-6.74	7.37	26.92	6.87	-9.97
Free Cash Flow	-22.55	1.17	-48.64	3.76	-17.3	-18.31
Free Cash Flow Margin	-7.00%	0.31%	-9.92%	0.83%	-4.59%	-6.24%
Free Cash Flow Per Share	-0.05	0.00	-0.10	0.01	-0.04	-0.04
Cash Interest Paid	4.45	4.95	3.83	2.59	1.79	1.17
Cash Income Tax Paid	0	0.08	-0.08	0.3	0.53	0.24
Levered Free Cash Flow	10.06	12.65	-53.36	-17.83	-32.16	-12.29
Unlevered Free Cash Flow	12.84	15.74	-50.96	-16.21	-31.04	-11.89
Change in Working Capital	4.1	4.1	-80.05	-54.13	-63.57	-60.4

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.