Beijing Airdoc Technology Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-176.63	-255.46	-132.53	-180	-142.63	-80.06
Depreciation & Amortization	24.92	26.71	31.87	22.62	15.5	5.46
Other Amortization	0.09	0.09	0.09	0.04	-	-
Loss (Gain) From Sale of Assets	0.28	0.23	4.37	1.29	0.06	-
Asset Writedown & Restructuring Costs	43.25	43.25	-	-	-	-
Loss (Gain) From Sale of Investments	-12.34	-10.64	-39.91	-16.25	-5.99	-
Loss (Gain) on Equity Investments	1.07	0.3	-	-	-	-
Stock-Based Compensation	26.58	40.71	18.45	25.09	6.54	11.06
Provision & Write-off of Bad Debts	13.68	40.83	9.68	5.44	0.78	0.28
Other Operating Activities	-7.17	-14.14	-22.25	-37.58	9.26	24.17
Change in Accounts Receivable	-8.94	-7.66	-22.48	-35.27	-15.28	-3.31
Change in Inventory	-11.78	1.12	0.4	-17.1	-1.48	-3.56
Change in Accounts Payable	1.15	-3.53	-1.39	0.63	21.8	-6.69
Change in Unearned Revenue	-1.83	-13.4	9.73	1.12	7.34	1.36
Change in Other Net Operating Assets	-7.43	-13.84	167.35	-150.46	-7.98	8.45
Operating Cash Flow	-115.1	-165.43	23.37	-380.44	-112.09	-42.86
Capital Expenditures	5.04	-1.16	-15.35	-9.3	-28.01	-21.91
Sale of Property, Plant & Equipment	-0.8	-	-	0.2	0.01	0.02
Cash Acquisitions	-	-	-176.81	3.01	-	-
Sale (Purchase) of Intangibles	0.58	-0.92	-	-2.81	-	-
Investment in Securities	207.12	0.09	-191.56	-145.53	5.99	88.26
Other Investing Activities	-10.08	-9.34	-1.42	-	-	25.33
Investing Cash Flow	201.86	-11.34	-385.14	-154.43	-22.01	91.7
Long-Term Debt Issued	-	29.99	-	-	-	-
Long-Term Debt Repaid	-	-5.95	-9.22	-7.47	-4.58	-0.64
Net Debt Issued (Repaid)	-0.48	24.04	-9.22	-7.47	-4.58	-0.64
Issuance of Common Stock	-	-	-	2.32	1,635	62.93
Repurchase of Common Stock	-35.53	-56.45	-10.44	-	-	-
Other Financing Activities	-1.01	-0.9	1.13	-11.99	-77.68	178.34
Financing Cash Flow	-37.02	-33.31	-18.53	-17.14	1,553	240.63
Foreign Exchange Rate Adjustments	1.68	1.81	3.54	35.62	-8.96	-0.11
Net Cash Flow	51.42	-208.26	-376.76	-516.4	1,410	289.36
Free Cash Flow	-110.07	-166.59	8.02	-389.75	-140.11	-64.77
Free Cash Flow Margin	-75.20%	-106.54%	3.93%	-342.91%	-121.64%	-135.86%
Free Cash Flow Per Share	-1.08	-1.63	0.08	-3.78	-1.73	-1.76
Cash Interest Paid	0.11	-	-	-	0.3	0.02
Cash Income Tax Paid	0.09	0.02	0.1	0.03	0	-
Levered Free Cash Flow	-75.19	-109.82	72.97	-325.63	-82.38	-387.69
Unlevered Free Cash Flow	-75.07	-109.68	73.31	-325.36	-82.19	-387.67
Change in Working Capital	-28.83	-37.3	153.61	-201.09	4.4	-3.76

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