Epiworld International Co., Ltd. (HKG:2726)

Epiworld International Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Net Income	67.8	165.07	107.51	127.54
Depreciation & Amortization	170.59	144.99	96.64	31.08
Other Amortization	1.09	0.74	0.35	0.06
Loss (Gain) From Sale of Assets	0.01	-0.02	-3.49	-0.03
Loss (Gain) From Sale of Investments	3.17	1.25	-0.15	0.9
Stock-Based Compensation	137.57	154.25	256.21	28.58
Other Operating Activities	-67.8	34.43	80.63	-7.4
Change in Accounts Receivable	-106.02	-52.23	28.28	-66.75
Change in Inventory	-9.44	102.38	-264.23	-40.18
Change in Accounts Payable	30.27	38.97	-21.95	46.08
Change in Unearned Revenue	119.16	58.26	103.31	44.33
Change in Other Net Operating Assets	-0.45	-7.45	32.07	5.79
Operating Cash Flow	345.95	640.64	415.18	169.99
Operating Cash Flow Growth	-	54.31%	144.24%	-
Capital Expenditures	-83.35	-204.7	-1,157	-533.7
Sale of Property, Plant & Equipment	1.73	1.69	5.99	0.4
Sale (Purchase) of Intangibles	-2.11	-1.9	-1.19	-
Investment in Securities	-	20.62	-	24.55
Other Investing Activities	62.48	39.95	12.1	3.48
Investing Cash Flow	-21.26	-144.33	-1,140	-505.27
Long-Term Debt Issued	-	744.83	1,022	295.15
Long-Term Debt Repaid	-	-759.86	-208.77	-83.77
Net Debt Issued (Repaid)	-668.74	-15.04	812.97	211.38
Issuance of Common Stock	1,030	1,030	205.6	252.3
Other Financing Activities	-18.65	-30.14	-18.19	-4.61
Financing Cash Flow	342.62	984.83	1,000	459.07
Net Cash Flow	667.31	1,481	275.1	123.79
Free Cash Flow	262.6	435.94	-742.19	-363.72
Free Cash Flow Margin	37.45%	44.74%	-64.96%	-82.53%
Free Cash Flow Per Share	0.66	1.14	-2.19	-1.15
Cash Interest Paid	18.65	30.14	18.19	4.61
Levered Free Cash Flow	-	218.22	-1,192	-
Unlevered Free Cash Flow	-	237.09	-1,172	-
Change in Working Capital	33.52	139.92	-122.53	-10.75

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