Keytop Parking 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	97.17	90.09	91.88
Depreciation & Amortization	86.27	81.52	78.6
Other Amortization	0.14	0.14	0.15
Loss (Gain) From Sale of Assets	-3.29	-2.03	-3.72
Asset Writedown & Restructuring Costs	1.44	1.75	4.16
Loss (Gain) From Sale of Investments	-0.83	-1.41	-0.44
Loss (Gain) on Equity Investments	0.18	1.76	-0.27
Stock-Based Compensation	5.15	4.98	2.38
Provision & Write-off of Bad Debts	2.85	9.59	12.36
Other Operating Activities	4.41	-1.79	-4.19
Change in Accounts Receivable	-8.29	-30.26	-40.53
Change in Inventory	13.31	-3.18	-9.14
Change in Accounts Payable	-18.31	-0.8	40.91
Change in Unearned Revenue	-2.73	27.74	28.76
Change in Other Net Operating Assets	-33.43	-111.68	-18.89
Operating Cash Flow	144.04	66.42	182.03
Operating Cash Flow Growth	116.86%	-63.51%	-
Capital Expenditures	-103.96	-49.36	-57.64
Sale of Property, Plant & Equipment	5.21	3.14	9.98
Sale (Purchase) of Real Estate	-16.48	-12.11	-9.48
Investment in Securities	9.15	1.41	-0.22
Other Investing Activities	1.12	1.52	36.18
Investing Cash Flow	-104.95	-55.4	-21.18
Long-Term Debt Issued	71.68	32	49.5
Long-Term Debt Repaid	-57.69	-47.75	-125.51
Net Debt Issued (Repaid)	13.99	-15.75	-76.01
Issuance of Common Stock	-	-	15.65
Common Dividends Paid	-20	-20	-
Other Financing Activities	-6.75	-1.05	-30.29
Financing Cash Flow	-12.76	-36.8	-90.65
Foreign Exchange Rate Adjustments	0.01	-0.26	-0.09
Net Cash Flow	26.34	-26.05	70.11
Free Cash Flow	40.08	17.06	124.39
Free Cash Flow Growth	134.92%	-86.28%	-
Free Cash Flow Margin	4.83%	2.13%	16.86%
Free Cash Flow Per Share	0.44	0.19	1.38
Cash Interest Paid	3.44	1.63	3.49
Cash Income Tax Paid	7.9	11.56	16.24
Levered Free Cash Flow	89.01	20.22	-
Unlevered Free Cash Flow	90.85	21.23	-
Change in Working Capital	-49.46	-118.18	1.11