B&K Corporation 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	-208.98	-212.25	-105.19
Depreciation & Amortization	9.13	7.75	6.91
Loss (Gain) From Sale of Assets	0.08	0.01	-
Asset Writedown & Restructuring Costs	-0.01	-	0.53
Stock-Based Compensation	94.2	100.19	14.67
Other Operating Activities	3.77	5.97	23.6
Change in Accounts Receivable	-0.59	-	-
Change in Accounts Payable	1.16	1.31	4.94
Change in Other Net Operating Assets	20.54	6.92	-3.4
Operating Cash Flow	-80.71	-90.1	-57.94
Capital Expenditures	-3.23	-3.85	-3.12
Sale of Property, Plant & Equipment	-	0	-
Sale (Purchase) of Intangibles	-	-10.26	-
Other Investing Activities	-	0.19	-
Investing Cash Flow	-3.23	-13.91	-3.12
Long-Term Debt Issued	-	-	293.01
Long-Term Debt Repaid	-4.26	-5.15	-6.09
Net Debt Issued (Repaid)	-4.26	-5.15	286.92
Issuance of Common Stock	611.48	8.2	-
Other Financing Activities	-21.63	-1.35	-0.11
Financing Cash Flow	585.58	1.71	286.81
Foreign Exchange Rate Adjustments	-8.49	0.01	0
Net Cash Flow	493.16	-102.3	225.75
Free Cash Flow	-83.94	-93.95	-61.07
Free Cash Flow Margin	-16080.27%	-35996.17%	-12937.71%
Free Cash Flow Per Share	-0.84	-0.95	-0.70
Levered Free Cash Flow	-10.94	-35.26	-
Unlevered Free Cash Flow	-10.17	-31.5	-
Change in Working Capital	21.11	8.23	1.54