LX Technology Group 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	-56.95	-131.27	99.95	-448.7
Depreciation & Amortization	281.4	270.16	236.7	193.34
Other Amortization	0.12	-	-	-
Loss (Gain) From Sale of Assets	-0.26	-0.24	-1.56	-
Loss (Gain) From Sale of Investments	-24.11	-1.25	-0.22	-
Stock-Based Compensation	34.62	60.53	71.15	-
Provision & Write-off of Bad Debts	15.32	7.17	1.72	1.97
Other Operating Activities	27.47	37.11	-161.31	470.78
Change in Accounts Receivable	-164.97	-48.27	-13.16	-18.3
Change in Inventory	-10.57	12.94	27.98	131.97
Change in Accounts Payable	-45.06	32.58	61.14	-46.76
Change in Unearned Revenue	0.8	1.09	-1.07	-2.73
Change in Other Net Operating Assets	23.7	-76.06	21.03	-2.78
Operating Cash Flow	51.42	146.58	342.36	278.78
Operating Cash Flow Growth	-64.92%	-57.18%	22.80%	153.59%
Capital Expenditures	-293.94	-324.01	-328.16	-441.31
Sale of Property, Plant & Equipment	53.74	58.41	33.73	-
Cash Acquisitions	-	-0.64	-	-
Divestitures	-	-0.23	-	-
Sale (Purchase) of Intangibles	-4.72	-	-	-
Investment in Securities	-	248.38	-306.43	-
Other Investing Activities	22.32	12.04	2.94	-9.66
Investing Cash Flow	-222.6	-6.04	-597.93	-450.97
Long-Term Debt Issued	685.43	694.89	1,079	632.87
Long-Term Debt Repaid	-578.74	-563.33	-625.4	-384.51
Net Debt Issued (Repaid)	106.69	131.55	453.7	248.36
Issuance of Common Stock	-	-	368.61	-
Repurchase of Common Stock	-	-	-473.13	-
Other Financing Activities	-47.56	-39.73	-61.71	-37.99
Financing Cash Flow	59.13	91.82	287.46	210.37
Foreign Exchange Rate Adjustments	-1.67	2.02	5.83	-
Net Cash Flow	-113.72	234.38	37.72	38.18
Free Cash Flow	-242.52	-177.43	14.19	-162.53
Free Cash Flow Margin	-10.22%	-9.89%	0.85%	-12.22%
Free Cash Flow Per Share	-0.79	-0.58	0.06	-1.35
Cash Interest Paid	47.56	41.83	42.43	36.61
Cash Income Tax Paid	0.06	-1.11	1.11	0.19
Levered Free Cash Flow	-249.66	-130.67	-13.78	-292.98
Unlevered Free Cash Flow	-219.93	-104.53	12.73	-270.29
Change in Working Capital	-226.19	-95.64	95.92	61.39

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