Lesi Group Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	54.87	72.49	65.23	67.29	57.49	49.77
Depreciation & Amortization	0.98	2.83	2.15	1.92	1.85	1.62
Loss (Gain) From Sale of Assets	0.01	0.01	-	0.01	0.02	-
Provision & Write-off of Bad Debts	-2.51	-2.51	2.53	5.13	7.68	1.72
Other Operating Activities	26.21	3.86	2.03	4.55	4.94	4.06
Change in Accounts Receivable	-158.43	-158.43	-66	-39.13	-54.6	-37.52
Change in Accounts Payable	63.69	63.69	-4.28	-15.5	22.74	-29.53
Change in Unearned Revenue	3.81	3.81	-1.4	-9.74	2.72	-4.02
Change in Other Net Operating Assets	-	-	-0	-0.01	0.42	-0.41
Operating Cash Flow	-11.36	-14.24	0.27	14.52	43.25	-14.31
Operating Cash Flow Growth	-	-	-98.15%	-66.42%	-	-
Capital Expenditures	-2.29	-0.3	-0.17	-0.04	-0.39	-0.18
Sale of Property, Plant & Equipment	0.01	0.01	-	0.01	-	-
Other Investing Activities	-0.27	-	-	-	0.23	0.07
Investing Cash Flow	-2.56	-0.29	-0.17	-0.02	-0.16	0.39
Short-Term Debt Issued	-	61.07	59.8	28.6	129.95	102.15
Total Debt Issued	90.33	61.07	59.8	28.6	129.95	102.15
Short-Term Debt Repaid	-	-81.92	-35.7	-35.46	-137.7	-94.24
Long-Term Debt Repaid	-	-2.82	-2.28	-1.86	-1.37	-1.36
Total Debt Repaid	-59.19	-84.74	-37.98	-37.32	-139.07	-95.6
Net Debt Issued (Repaid)	31.14	-23.67	21.82	-8.72	-9.12	6.55
Issuance of Common Stock	-	124.8	-	-	-	-
Other Financing Activities	-4.54	-13.81	-4.27	-2.48	-3.96	-2.75
Financing Cash Flow	26.61	87.33	17.55	-11.21	-13.08	3.8
Foreign Exchange Rate Adjustments	-0.44	-0.22	-0	-0.01	-0	-0.01
Net Cash Flow	12.24	72.58	17.65	3.29	30.01	-10.12
Free Cash Flow	-13.65	-14.54	0.1	14.49	42.86	-14.49
Free Cash Flow Growth	-	-	-99.29%	-66.20%	-	-
Free Cash Flow Margin	-1.28%	-2.13%	0.02%	2.94%	9.12%	-3.84%
Free Cash Flow Per Share	-0.03	-0.03	-	0.04	0.11	-0.04
Cash Interest Paid	3.7	2.89	2.03	1.19	2.05	2.2
Cash Income Tax Paid	1.68	1.93	3.4	0.77	0.43	0.61
Levered Free Cash Flow	-49.58	-46.3	-25.69	-10.39	20.29	-
Unlevered Free Cash Flow	-47.35	-44.57	-24.29	-9.39	22.31	-
Change in Working Capital	-90.92	-90.92	-71.67	-64.38	-28.73	-71.48

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