Wise Living Technology 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	164.15	148.98	96.43	110.7
Depreciation & Amortization	230.04	220.4	213.62	200.55
Other Amortization	1.13	1.15	1.16	1.27
Loss (Gain) on Sale of Assets	0.01	-0.93	-1.37	-0.35
Loss (Gain) on Sale of Investments	-0	-	-0.15	-1.41
Loss (Gain) on Equity Investments	-16.1	-15.37	-13.54	-11.96
Asset Writedown	12.29	3.98	14.7	2
Change in Accounts Receivable	-199.74	-75.75	59.97	-23.33
Change in Inventory	3.83	12.06	-10.75	-5.28
Change in Accounts Payable	-1.34	137.45	127.34	-11.38
Change in Unearned Revenue	97.39	192.61	170.48	175.55
Change in Other Net Operating Assets	12.29	2.81	-51.41	-3.01
Other Operating Activities	64.84	47.55	11.36	66.67
Operating Cash Flow	368.8	674.92	617.84	500.03
Operating Cash Flow Growth	-45.36%	9.24%	23.56%	12.99%
Capital Expenditures	-9.52	-21.28	-15.23	-4.75
Sale of Property, Plant & Equipment	0.24	4.38	0.82	0.02
Sale (Purchase) of Intangibles	-356.74	-292.73	-258.13	-295.33
Investment in Securities	19.21	36.18	17.29	67.73
Other Investing Activities	43.62	27.2	102.22	129.41
Investing Cash Flow	-299	-246.26	-117.86	-98.73
Long-Term Debt Issued	317.69	220.35	846.01	501
Long-Term Debt Repaid	-311.23	-386.46	-986.45	-754.38
Net Debt Issued (Repaid)	6.46	-166.11	-140.44	-253.38
Issuance of Common Stock	-	238.84	-	-
Common Dividends Paid	-45.24	-	-	-
Dividends Paid	-45.24	-	-	-
Other Financing Activities	-98.52	-166.29	-117.66	-103.56
Financing Cash Flow	-137.3	-93.56	-258.1	-356.94
Net Cash Flow	-67.5	335.11	241.88	44.36
Free Cash Flow	359.28	653.64	602.61	495.28
Free Cash Flow Growth	-45.03%	8.47%	21.67%	28.67%
Free Cash Flow Margin	21.80%	42.61%	41.74%	38.38%
Free Cash Flow Per Share	1.19	2.49	2.67	2.19
Cash Interest Paid	41.82	48.12	66.72	79.56
Cash Income Tax Paid	58.64	61.89	59.96	37.32
Levered Free Cash Flow	-119.46	305.48	78.4	10.86
Unlevered Free Cash Flow	-93.14	336.06	121.07	61.22
Change in Working Capital	-87.56	269.17	295.62	132.55

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