Lonking 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	1,018	645.44	400.45	1,275
Depreciation & Amortization	258.07	274.14	275.52	290.82
Loss (Gain) From Sale of Assets	-1.78	2.51	-0.69	-212.01
Loss (Gain) From Sale of Investments	-12.2	134.21	348.55	-139.61
Provision & Write-off of Bad Debts	-17.33	50.3	45.91	-3.63
Other Operating Activities	-84.82	-63.24	-126.59	-155.96
Change in Accounts Receivable	-401.49	-20.88	1,234	246.33
Change in Inventory	581.51	738.06	471.96	-304.41
Change in Accounts Payable	-73.45	72.91	-756.44	-588.61
Change in Unearned Revenue	20.15	7.75	11.53	6.06
Change in Other Net Operating Assets	78.53	142.97	-47.9	5.36
Operating Cash Flow	1,366	1,984	1,857	419.68
Operating Cash Flow Growth	-31.18%	6.86%	342.41%	-60.80%
Capital Expenditures	-83.46	-186.59	-239.27	-382.4
Sale of Property, Plant & Equipment	10.32	3.66	3.39	9.7
Divestitures	-	-	-	268.46
Investment in Securities	-2,245	0.09	5.91	-
Other Investing Activities	-691.37	124.15	-769.72	-1.41
Investing Cash Flow	-3,009	-58.7	-999.69	-105.64
Short-Term Debt Repaid	-722.4	-	-	-
Total Debt Repaid	-722.4	-	-	-
Net Debt Issued (Repaid)	-722.4	-	-	-
Common Dividends Paid	-330.32	-394.66	-765.44	-1,187
Other Financing Activities	437.29	-63.63	-88.79	116.26
Financing Cash Flow	-615.43	-458.29	-854.23	-1,071
Foreign Exchange Rate Adjustments	6.58	-28.37	4.16	1.05
Net Cash Flow	-2,253	1,439	6.97	-755.56
Free Cash Flow	1,282	1,798	1,617	37.29
Free Cash Flow Growth	-28.67%	11.13%	4238.10%	-95.23%
Free Cash Flow Margin	12.55%	17.08%	14.51%	0.27%
Free Cash Flow Per Share	0.30	0.42	0.38	0.01
Cash Interest Paid	21.45	43.44	18.82	11.43
Cash Income Tax Paid	177.01	138.34	70.13	317.03
Levered Free Cash Flow	816.33	1,647	94.92	-36.77
Unlevered Free Cash Flow	824.91	1,674	106.67	-30.38
Change in Working Capital	205.24	940.81	913.59	-635.28

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