Dowell Service Group Co. 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	-66.88	2.53	88.51	128.72
Depreciation & Amortization	45.9	45.94	25.18	16.55
Other Amortization	2.62	2.18	2.25	0.7
Loss (Gain) From Sale of Assets	0.19	-0.04	0.24	0.32
Loss (Gain) From Sale of Investments	-	-	-3.17	-
Loss (Gain) on Equity Investments	-8.03	-7.51	-6.93	-7.16
Stock-Based Compensation	-	-	-	1.67
Provision & Write-off of Bad Debts	75.34	9.31	23.44	3.47
Other Operating Activities	0.58	0.25	17.39	0.11
Change in Accounts Receivable	-30.29	-9.01	-175.07	-132.01
Change in Inventory	3.41	-4	7.21	1.7
Change in Accounts Payable	17.77	33.07	67.21	46.16
Change in Unearned Revenue	42.58	55.24	12.2	76.62
Change in Other Net Operating Assets	1.25	-48.05	-30.87	-0.78
Operating Cash Flow	84.44	79.92	27.58	136.07
Operating Cash Flow Growth	5.66%	189.73%	-79.73%	-55.17%
Capital Expenditures	-9.99	-17.2	-23.21	-14.32
Sale of Property, Plant & Equipment	0.67	0.56	0.2	0.3
Cash Acquisitions	-34.75	-2	-120.72	-71.08
Sale (Purchase) of Intangibles	-3.28	-6.09	-6.13	-1.66
Investment in Securities	2.85	-	-6.21	-1.53
Other Investing Activities	2.74	4.83	3.34	9.83
Investing Cash Flow	-41.76	-19.9	-152.73	-78.45
Short-Term Debt Issued	-	4	-	45.22
Long-Term Debt Issued	-	5.26	-	-
Total Debt Issued	-	9.26	-	45.22
Short-Term Debt Repaid	-4	-	-0.36	-50.2
Long-Term Debt Repaid	-20.31	-21.01	-4.23	-17.02
Total Debt Repaid	-24.31	-21.01	-4.59	-67.21
Net Debt Issued (Repaid)	-24.31	-11.75	-4.59	-21.99
Issuance of Common Stock	-	-	170.65	-
Common Dividends Paid	-7.48	-9.38	-45.27	-3.29
Other Financing Activities	-5.85	-7.45	-24.82	-17.14
Financing Cash Flow	-37.64	-28.58	95.97	-42.41
Foreign Exchange Rate Adjustments	0.06	-0.23	-	-
Net Cash Flow	5.1	31.21	-29.18	15.21
Free Cash Flow	74.45	62.72	4.38	121.75
Free Cash Flow Growth	18.71%	1332.83%	-96.41%	-59.02%
Free Cash Flow Margin	4.87%	4.10%	0.32%	10.20%
Free Cash Flow Per Share	1.11	0.94	0.07	2.44
Cash Interest Paid	6.76	7.23	0.54	1.03
Cash Income Tax Paid	11.3	12.52	8.05	26.29
Levered Free Cash Flow	102.52	65.4	-9.37	35.72
Unlevered Free Cash Flow	106.74	69.92	-9.04	36.37
Change in Working Capital	34.72	27.25	-119.33	-8.3

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