BenQ BM Holding Cayman 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	94.23	108.92	167.45	89.55
Depreciation & Amortization	177.32	168.69	155.43	146.45
Loss (Gain) From Sale of Assets	0.66	1.26	0.35	0.22
Loss (Gain) on Equity Investments	9.77	23.41	23.85	22.14
Stock-Based Compensation	1	2.59	2.72	0.72
Provision & Write-off of Bad Debts	-2.11	-0.61	0.29	5.43
Other Operating Activities	-0.59	-2.78	8.45	30.37
Change in Accounts Receivable	-27.78	-38.28	-58.74	48.67
Change in Inventory	-0.36	-2.89	4.39	6.49
Change in Accounts Payable	-54.7	20.29	51.07	-36.7
Change in Unearned Revenue	2.2	-2.91	-8.18	10.73
Change in Other Net Operating Assets	-28.62	-19.36	11.36	9.11
Operating Cash Flow	171.37	258.35	358.42	333.18
Operating Cash Flow Growth	-48.57%	-27.92%	7.58%	-
Capital Expenditures	-308.88	-294.7	-350.93	-269.33
Investment in Securities	-	-136.33	-6.59	3.7
Other Investing Activities	-16.81	5.87	7.7	10.33
Investing Cash Flow	-325.69	-425.16	-349.81	-255.31
Short-Term Debt Issued	-	-	-	120
Long-Term Debt Issued	-	721.74	744.39	763.84
Total Debt Issued	760.25	721.74	744.39	883.84
Short-Term Debt Repaid	-	-	-	-290
Long-Term Debt Repaid	-	-637.22	-645.22	-603.7
Total Debt Repaid	-629	-637.22	-645.22	-893.7
Net Debt Issued (Repaid)	131.25	84.52	99.17	-9.87
Other Financing Activities	-23.6	-27.64	-17.28	-22.67
Financing Cash Flow	107.66	56.88	81.89	-32.53
Foreign Exchange Rate Adjustments	0.3	0.57	0.04	0.42
Net Cash Flow	-46.37	-109.36	90.54	45.75
Free Cash Flow	-137.51	-36.35	7.5	63.85
Free Cash Flow Growth	-	-	-88.26%	-
Free Cash Flow Margin	-5.21%	-1.37%	0.28%	2.73%
Free Cash Flow Per Share	-0.56	-0.15	0.03	0.26
Cash Interest Paid	18.82	19.1	16.75	22.67
Cash Income Tax Paid	55.2	63.99	60.85	23.5
Levered Free Cash Flow	-	-69.38	-5.85	-
Unlevered Free Cash Flow	-	-63.8	-0.47	-
Change in Working Capital	-109.27	-43.15	-0.11	38.3

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