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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	170.21	164.15	148.98	96.43	110.7
Depreciation & Amortization	245.75	230.04	220.4	213.62	200.55
Other Amortization	0.57	1.13	1.15	1.16	1.27
Loss (Gain) on Sale of Assets	-0.36	0.01	-0.93	-1.37	-0.35
Loss (Gain) on Sale of Investments	-	-0	-	-0.15	-1.41
Loss (Gain) on Equity Investments	-17.16	-16.1	-15.37	-13.54	-11.96
Asset Writedown	10.15	12.29	3.98	14.7	2
Change in Accounts Receivable	-28.72	-199.74	-75.75	59.97	-23.33
Change in Inventory	-2.46	3.83	12.06	-10.75	-5.28
Change in Accounts Payable	134.95	-1.34	137.45	127.34	-11.38
Change in Unearned Revenue	-216.94	97.39	192.61	170.48	175.55
Change in Other Net Operating Assets	31.75	12.29	2.81	-51.41	-3.01
Other Operating Activities	59.63	64.84	47.55	11.36	66.67
Operating Cash Flow	387.36	368.8	674.92	617.84	500.03
Operating Cash Flow Growth	5.03%	-45.36%	9.24%	23.56%	12.99%
Capital Expenditures	-15.17	-9.52	-21.28	-15.23	-4.75
Sale of Property, Plant & Equipment	0.46	0.24	4.38	0.82	0.02
Sale (Purchase) of Intangibles	-49.09	-356.74	-292.73	-258.13	-295.33
Investment in Securities	4	19.21	36.18	17.29	67.73
Other Investing Activities	48.13	43.62	27.2	102.22	129.41
Investing Cash Flow	-11.66	-299	-246.26	-117.86	-98.73
Short-Term Debt Issued	0.4	-	-	-	-
Long-Term Debt Issued	384.95	317.69	220.35	846.01	501
Total Debt Issued	385.35	317.69	220.35	846.01	501
Long-Term Debt Repaid	-422.25	-311.23	-386.46	-986.45	-754.38
Net Debt Issued (Repaid)	-36.91	6.46	-166.11	-140.44	-253.38
Issuance of Common Stock	-	-	238.84	-	-
Common Dividends Paid	-49.46	-45.24	-	-	-
Dividends Paid	-49.46	-45.24	-	-	-
Other Financing Activities	-78.53	-98.52	-166.29	-117.66	-103.56
Financing Cash Flow	-164.89	-137.3	-93.56	-258.1	-356.94
Net Cash Flow	210.8	-67.5	335.11	241.88	44.36
Free Cash Flow	372.19	359.28	653.64	602.61	495.28
Free Cash Flow Growth	3.59%	-45.03%	8.47%	21.67%	28.67%
Free Cash Flow Margin	24.71%	21.80%	42.61%	41.74%	38.38%
Free Cash Flow Per Share	1.23	1.19	2.49	2.67	2.19
Cash Interest Paid	36.11	41.82	48.12	66.72	79.56
Cash Income Tax Paid	48.38	58.64	61.89	59.96	37.32
Levered Free Cash Flow	495.5	-119.46	305.48	78.4	10.86
Unlevered Free Cash Flow	519.08	-93.14	336.06	121.07	61.22
Change in Working Capital	-81.43	-87.56	269.17	295.62	132.55

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