Ling Yue Services 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	81.55	101.86	77	70.61
Depreciation & Amortization	3.08	3.31	3.27	3.49
Other Amortization	0.81	0.57	0.28	0.06
Loss (Gain) From Sale of Assets	-	8.13	-0.02	-
Asset Writedown & Restructuring Costs	12.02	-	-	-
Loss (Gain) on Equity Investments	-0.96	-1.03	-1.11	-0.21
Provision & Write-off of Bad Debts	14.77	16	7.39	4.39
Other Operating Activities	4.81	-9.34	19.12	1.7
Change in Accounts Receivable	-29.35	-34.79	-45.7	-28.48
Change in Inventory	-1.93	0.35	0.13	0.64
Change in Accounts Payable	9.68	-16.34	17.65	12.03
Change in Unearned Revenue	29.27	31.53	23.61	15.07
Change in Other Net Operating Assets	-7	142.2	-8.08	-78.01
Operating Cash Flow	116.75	242.44	93.54	1.29
Operating Cash Flow Growth	-51.84%	159.17%	7157.10%	-98.88%
Capital Expenditures	-1.36	-3.88	-2.93	-0.78
Cash Acquisitions	-	-	-2.03	1.48
Divestitures	-	1.35	-	-
Sale (Purchase) of Intangibles	-1.93	-0.56	-0.93	-0.52
Investment in Securities	-	-0.9	-	-
Other Investing Activities	0.36	1.01	2.97	17.96
Investing Cash Flow	-2.92	-2.98	-2.92	18.14
Long-Term Debt Repaid	-	-	-0.19	-0.73
Total Debt Repaid	-	-	-0.19	-0.73
Net Debt Issued (Repaid)	-	-	-0.19	-0.73
Issuance of Common Stock	-	-	-	264.71
Repurchase of Common Stock	-0.15	-	-	-
Other Financing Activities	-3.09	1.99	-4.99	-76.4
Financing Cash Flow	-3.24	1.99	-5.18	187.58
Net Cash Flow	110.59	241.45	85.45	207.02
Free Cash Flow	115.4	238.57	90.62	0.51
Free Cash Flow Growth	-51.63%	163.27%	17772.98%	-99.56%
Free Cash Flow Margin	17.67%	39.17%	15.69%	0.09%
Free Cash Flow Per Share	0.40	0.83	0.32	0.00
Cash Interest Paid	-	-	0	0.03
Cash Income Tax Paid	18.06	27.49	16.37	14.09
Levered Free Cash Flow	88.96	214.59	75.95	-3.17
Unlevered Free Cash Flow	88.96	214.59	75.95	-3.16
Change in Working Capital	0.67	122.94	-12.4	-78.75

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