Chanhigh 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	27.31	30.75	33.17	31.41
Depreciation & Amortization	2.71	2.65	4.14	9.34
Loss (Gain) From Sale of Assets	0.14	0.24	6.41	-
Loss (Gain) on Equity Investments	-0.97	-0.24	3.45	0.13
Provision & Write-off of Bad Debts	34.68	26.93	32.49	29.84
Other Operating Activities	2.14	17.29	-27.34	-8.88
Change in Accounts Receivable	234.36	24.44	-3.43	-30.55
Change in Inventory	-	1.35	-1.35	-
Change in Accounts Payable	-20.78	46.73	42.22	4.96
Change in Unearned Revenue	-26.96	-34	15.9	14.88
Change in Other Net Operating Assets	-133.63	5.62	-187.33	-6.64
Operating Cash Flow	119	121.75	-81.67	44.48
Operating Cash Flow Growth	-2.26%	-	-	581.30%
Capital Expenditures	-0.35	-0.74	-0.75	-3.95
Sale of Property, Plant & Equipment	-	0.28	4.75	-
Divestitures	-	-	32.94	-
Sale (Purchase) of Intangibles	51.87	-6.89	-4.87	-4.45
Investment in Securities	-2.48	-86.58	-26.11	-22.61
Other Investing Activities	2.23	15.12	27.4	6.11
Investing Cash Flow	51.28	-78.81	33.37	-24.91
Long-Term Debt Issued	608.7	534.7	549.21	578.8
Total Debt Issued	608.7	534.7	549.21	578.8
Long-Term Debt Repaid	-736.01	-525.08	-572	-571.52
Total Debt Repaid	-736.01	-525.08	-572	-571.52
Net Debt Issued (Repaid)	-127.31	9.62	-22.79	7.28
Other Financing Activities	-22.87	-29.24	-	-
Financing Cash Flow	-150.18	-19.62	-22.79	7.28
Net Cash Flow	20.09	23.32	-71.1	26.85
Free Cash Flow	118.65	121.01	-82.42	40.53
Free Cash Flow Growth	-1.95%	-	-	-
Free Cash Flow Margin	6.79%	6.44%	-4.08%	2.29%
Free Cash Flow Per Share	0.19	0.20	-0.13	0.07
Cash Interest Paid	22.87	29.24	31.06	36.05
Cash Income Tax Paid	7.8	8.58	6.43	3.6
Levered Free Cash Flow	141.38	65.85	-59.82	35.15
Unlevered Free Cash Flow	155.68	83.31	-44.97	53.21
Change in Working Capital	52.98	44.13	-134	-17.36

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