Shenzhen Xunce Technology 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-84.01	-55.27	-75.14
Depreciation & Amortization	17.65	12.21	9.55
Other Amortization	6.13	6.11	5.04
Loss (Gain) From Sale of Assets	0.11	0.36	0.36
Loss (Gain) From Sale of Investments	16.02	2.71	-6.43
Loss (Gain) on Equity Investments	0.45	0.7	0.77
Other Operating Activities	-12.73	-10.39	-24.41
Change in Accounts Receivable	-3.06	-204.56	-53.69
Change in Accounts Payable	-31.87	40.45	-20.32
Change in Unearned Revenue	-43.41	-19.21	30.74
Change in Other Net Operating Assets	-35.49	32.91	-51.44
Operating Cash Flow	-170.22	-193.98	-184.97
Capital Expenditures	-19.55	-3.87	-2.15
Divestitures	-	-	1
Sale (Purchase) of Intangibles	-0.31	-0.12	-5.2
Investment in Securities	-26.5	-184.91	-133.94
Other Investing Activities	-	-0.83	-3.17
Investing Cash Flow	-46.36	-189.72	-143.45
Short-Term Debt Issued	29.91	48	18
Total Debt Issued	29.91	48	18
Short-Term Debt Repaid	-47.39	-19.12	-6.88
Long-Term Debt Repaid	-11.14	-9.24	-8.49
Total Debt Repaid	-58.52	-28.36	-15.37
Net Debt Issued (Repaid)	-28.61	19.64	2.63
Issuance of Common Stock	-	220	763
Other Financing Activities	-7.85	-8.02	19.1
Financing Cash Flow	-36.46	231.61	784.73
Foreign Exchange Rate Adjustments	-0.1	0.48	2.49
Net Cash Flow	-253.15	-151.6	458.8
Free Cash Flow	-189.77	-197.85	-187.11
Free Cash Flow Margin	-30.03%	-37.30%	-64.99%
Free Cash Flow Per Share	-0.63	-0.68	-0.69
Cash Interest Paid	2.19	1.42	0.88
Cash Income Tax Paid	0.14	0.44	0.03
Levered Free Cash Flow	-179.74	-213.1	-
Unlevered Free Cash Flow	-178.37	-212.25	-
Change in Working Capital	-113.84	-150.41	-94.71

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