Gaush Meditech 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	92.39	173.52	-349.62	-190.45
Depreciation & Amortization	80.6	74.69	64.63	58.84
Other Amortization	1.34	1.28	1.12	1.22
Loss (Gain) From Sale of Assets	0.68	-0.15	0.67	0.05
Asset Writedown & Restructuring Costs	23.26	-	-	-
Loss (Gain) From Sale of Investments	-3.72	-3.96	-0.01	-0.09
Provision & Write-off of Bad Debts	-0.56	-1.24	-2.24	4.76
Other Operating Activities	17.23	33.51	501.67	365.18
Change in Accounts Receivable	-16.43	19.68	8.26	20.49
Change in Inventory	-5.11	-48.74	-41.78	38.59
Change in Accounts Payable	-19.67	22.1	-4.18	-42.57
Change in Unearned Revenue	-21.71	-7.51	39.8	-27.6
Change in Other Net Operating Assets	-40.53	-14.14	-4.86	-68.64
Operating Cash Flow	107.78	249.04	234.42	164.49
Operating Cash Flow Growth	-56.72%	6.24%	42.52%	26.53%
Capital Expenditures	-14.67	-34.92	-45.4	-26.55
Sale of Property, Plant & Equipment	0	0.01	-	-
Cash Acquisitions	-23.79	-9.4	-	105.77
Sale (Purchase) of Intangibles	-66.55	-10.67	-2.62	-1.5
Investment in Securities	80.19	-81.11	-92.7	-
Other Investing Activities	43.35	-31.55	4.68	2.11
Investing Cash Flow	18.55	-167.65	-136.04	79.84
Long-Term Debt Issued	27.52	7.92	57.72	66.08
Long-Term Debt Repaid	-135.56	-153.08	-339.94	-104.96
Net Debt Issued (Repaid)	-108.04	-145.16	-282.21	-38.88
Issuance of Common Stock	-	1.55	327.8	29.07
Repurchase of Common Stock	-12.58	-	-	-489.73
Common Dividends Paid	-148.56	-	-	-
Other Financing Activities	-33.93	-46.32	-42.51	-86.73
Financing Cash Flow	-303.09	-189.94	3.08	72.84
Foreign Exchange Rate Adjustments	-20.5	5.72	11.07	-15.66
Net Cash Flow	-197.26	-102.83	112.53	301.51
Free Cash Flow	93.12	214.11	189.03	137.94
Free Cash Flow Growth	-56.51%	13.27%	37.04%	7.57%
Free Cash Flow Margin	6.52%	15.23%	15.08%	10.63%
Free Cash Flow Per Share	0.63	1.45	1.95	1.44
Cash Interest Paid	33.38	42.27	38.82	76.09
Cash Income Tax Paid	89.71	85.47	94.49	97.43
Levered Free Cash Flow	-22.13	123.94	137.2	-9.58
Unlevered Free Cash Flow	0.81	155.56	163.87	42.63
Change in Working Capital	-103.44	-28.62	-2.76	-79.74

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.