MicroPort NeuroScientific 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	254.17	145.55	-21.77	24.17
Depreciation & Amortization	42.83	40.64	42.18	20.61
Other Amortization	16.14	15.45	14.52	11.11
Loss (Gain) From Sale of Assets	-0.37	0.13	0.03	-0.39
Loss (Gain) From Sale of Investments	-10.32	24.63	-1.7	-12.1
Loss (Gain) on Equity Investments	20.56	23.84	26.62	7.52
Stock-Based Compensation	12.26	6.74	12.14	1.46
Other Operating Activities	4.49	-24.45	105.46	40.35
Change in Accounts Receivable	-111	-26.49	-1.43	25.8
Change in Inventory	43.65	-86.24	-26.77	-32.95
Change in Accounts Payable	-6.96	29	69.63	52.58
Change in Unearned Revenue	16.34	2.1	0.24	18.43
Change in Other Net Operating Assets	2.63	2.86	4.64	0.83
Operating Cash Flow	284.41	153.78	223.8	157.41
Operating Cash Flow Growth	84.95%	-31.29%	42.18%	233.25%
Capital Expenditures	-8.87	-12.85	-32.27	-49.44
Sale of Property, Plant & Equipment	-	-	-	0.07
Sale (Purchase) of Intangibles	-43.7	-29.33	-15.67	-8.54
Investment in Securities	-139.43	-18.59	-296.58	-128.88
Other Investing Activities	31.45	-172.4	-	-
Investing Cash Flow	-160.55	-233.16	-344.52	-186.79
Long-Term Debt Issued	-	-	-	129.21
Total Debt Issued	-	-	-	129.21
Long-Term Debt Repaid	-23.99	-24.04	-25.63	-13.28
Total Debt Repaid	-23.99	-24.04	-25.63	-13.28
Net Debt Issued (Repaid)	-23.99	-24.04	-25.63	115.93
Issuance of Common Stock	-	-	342.81	277.03
Repurchase of Common Stock	-112.39	-8.31	-	-
Common Dividends Paid	-90.26	-	-	-
Other Financing Activities	0.38	-0.93	12.36	-391.66
Financing Cash Flow	-226.25	-33.28	329.54	200.75
Foreign Exchange Rate Adjustments	3.8	5.9	25.83	-3.57
Net Cash Flow	-98.59	-106.75	234.64	167.79
Free Cash Flow	275.54	140.93	191.53	107.97
Free Cash Flow Growth	95.52%	-26.42%	77.39%	201.97%
Free Cash Flow Margin	36.17%	21.17%	34.99%	28.21%
Free Cash Flow Per Share	0.48	0.24	0.37	0.22
Cash Interest Paid	2.32	3.46	4.5	20.59
Cash Income Tax Paid	43.07	41.08	10.28	10.89
Levered Free Cash Flow	151.61	28.88	146.55	30.87
Unlevered Free Cash Flow	153.06	31.05	208.59	59.12
Change in Working Capital	-55.34	-78.76	46.31	64.68

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