China Glass Holdings 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	-876.58	-409.76	116.17	736.36
Depreciation & Amortization	640.81	498.39	389.89	337.77
Loss (Gain) From Sale of Assets	-2.58	-3.15	-3.56	6.27
Asset Writedown & Restructuring Costs	437	141.88	-	13.44
Loss (Gain) From Sale of Investments	0.24	-0.1	-	-
Loss (Gain) on Equity Investments	3.94	31.28	0.06	0.06
Provision & Write-off of Bad Debts	17.5	0.95	23.85	0.57
Other Operating Activities	248.79	94.48	26.83	326.9
Change in Accounts Receivable	65.16	167.03	-330.37	135.24
Change in Inventory	-256.22	148.55	-245.97	-321.46
Change in Accounts Payable	525.68	179.51	426.18	-232.02
Change in Unearned Revenue	-16.46	17.04	79.7	53.56
Change in Other Net Operating Assets	5.42	-309.73	-40.86	-99.47
Operating Cash Flow	792.68	556.39	441.93	957.21
Operating Cash Flow Growth	42.47%	25.90%	-53.83%	52.09%
Capital Expenditures	-187.13	-657.52	-1,575	-903.43
Sale of Property, Plant & Equipment	71.71	55	18.16	14.96
Cash Acquisitions	-287.34	-9.27	-290.2	-354.78
Divestitures	0.18	-	-	-
Sale (Purchase) of Intangibles	-23.55	-5.57	-4.38	-2.79
Investment in Securities	-	-33.29	-112.18	-18.8
Other Investing Activities	1.79	-252.75	2.69	-61.33
Investing Cash Flow	-424.34	-903.4	-1,961	-1,326
Long-Term Debt Issued	6,834	5,523	6,338	4,313
Long-Term Debt Repaid	-6,392	-4,908	-3,913	-3,736
Net Debt Issued (Repaid)	441.74	615.01	2,425	577.06
Issuance of Common Stock	-	-	6.2	20.89
Common Dividends Paid	-	-27.93	-72.02	-69.24
Other Financing Activities	-771.87	-436.88	-321.34	-253.18
Financing Cash Flow	-330.13	150.19	2,038	275.53
Foreign Exchange Rate Adjustments	-183.57	-140.15	25.84	-38.71
Net Cash Flow	-145.35	-336.96	544.68	-132.14
Free Cash Flow	605.56	-101.13	-1,133	53.77
Free Cash Flow Growth	-	-	-	-70.47%
Free Cash Flow Margin	10.55%	-1.91%	-26.19%	1.06%
Free Cash Flow Per Share	0.36	-0.06	-0.67	0.03
Cash Interest Paid	527.22	436.88	315.36	252.98
Cash Income Tax Paid	51.96	34.12	148.35	213.92
Levered Free Cash Flow	-113.6	1,001	-1,683	163.41
Unlevered Free Cash Flow	122.09	1,188	-1,560	243.66
Change in Working Capital	323.57	202.4	-111.32	-464.16

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