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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	79.42	81.55	101.86	77	70.61
Depreciation & Amortization	3.87	3.08	3.31	3.27	3.49
Other Amortization	1.34	0.81	0.57	0.28	0.06
Loss (Gain) From Sale of Assets	-	-	8.13	-0.02	-
Asset Writedown & Restructuring Costs	5.01	12.02	-	-	-
Loss (Gain) From Sale of Investments	-0.02	-	-	-	-
Loss (Gain) on Equity Investments	-0.35	-0.96	-1.03	-1.11	-0.21
Provision & Write-off of Bad Debts	56.84	14.77	16	7.39	4.39
Other Operating Activities	2.74	4.81	-9.34	19.12	1.7
Change in Accounts Receivable	-35.58	-29.35	-34.79	-45.7	-28.48
Change in Inventory	-6.81	-1.93	0.35	0.13	0.64
Change in Accounts Payable	0.74	9.68	-16.34	17.65	12.03
Change in Unearned Revenue	-13.58	29.27	31.53	23.61	15.07
Change in Other Net Operating Assets	16.67	-7	142.2	-8.08	-78.01
Operating Cash Flow	110.27	116.75	242.44	93.54	1.29
Operating Cash Flow Growth	-5.55%	-51.84%	159.17%	7157.10%	-98.88%
Capital Expenditures	-0.92	-1.36	-3.88	-2.93	-0.78
Cash Acquisitions	-	-	-	-2.03	1.48
Divestitures	-	-	1.35	-	-
Sale (Purchase) of Intangibles	-1.77	-1.93	-0.56	-0.93	-0.52
Investment in Securities	0.92	-	-0.9	-	-
Other Investing Activities	0.39	0.36	1.01	2.97	17.96
Investing Cash Flow	-1.38	-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
Other Financing Activities	2.01	-3.24	1.99	-4.99	-76.4
Financing Cash Flow	2.01	-3.24	1.99	-5.18	187.58
Net Cash Flow	110.9	110.59	241.45	85.45	207.02
Free Cash Flow	109.36	115.4	238.57	90.62	0.51
Free Cash Flow Growth	-5.23%	-51.63%	163.27%	17772.98%	-99.56%
Free Cash Flow Margin	16.46%	17.67%	39.17%	15.69%	0.09%
Free Cash Flow Per Share	0.38	0.40	0.83	0.32	0.00
Cash Interest Paid	-	-	-	0	0.03
Cash Income Tax Paid	14.82	18.06	27.49	16.37	14.09
Levered Free Cash Flow	85.92	88.96	214.59	75.95	-3.17
Unlevered Free Cash Flow	85.92	88.96	214.59	75.95	-3.16
Change in Working Capital	-38.57	0.67	122.94	-12.4	-78.75

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