Hengdeli Holdings 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	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-36.35	-65.16	33.89	-80.02	26.28	-383.08
Depreciation & Amortization	59.99	66.42	52.52	47.58	42.01	68.74
Other Amortization	0.56	0.56	0.59	0.89	0.75	0.94
Loss (Gain) From Sale of Assets	-0.12	-0.12	1.96	8.71	3.92	23.63
Asset Writedown & Restructuring Costs	-4.77	-4.77	-3.96	-	12.86	15.64
Loss (Gain) From Sale of Investments	-10.56	-10.56	-3.16	5.14	-0.19	-3.61
Loss (Gain) on Equity Investments	-23.17	-23.17	-16.36	-76.46	-51	-
Other Operating Activities	118.49	-30.55	-37.31	25.32	-5.42	-72.64
Change in Accounts Receivable	-44.41	-44.41	49.48	-64.96	-170.93	-53.74
Change in Inventory	84.97	84.97	-19.04	379.12	31.19	570.42
Change in Accounts Payable	-58.92	-58.92	24.69	48.35	63.87	-76.61
Operating Cash Flow	85.72	-85.7	83.29	237.39	-77.63	89.68
Operating Cash Flow Growth	-	-	-64.91%	-	-	-51.05%
Capital Expenditures	-7.58	-39.46	-215.89	-58.31	-78.05	-50.25
Sale of Property, Plant & Equipment	0.02	0.02	13.62	0.04	0.09	2.95
Divestitures	-0.01	-0.01	-	-	2.86	17.23
Sale (Purchase) of Intangibles	-0.57	-0.57	-0.02	-1.45	-0.84	-2.02
Investment in Securities	110.03	-12.79	-72.05	58.61	-231.29	218.74
Other Investing Activities	57.71	74.57	110.22	69.69	80.18	-66.99
Investing Cash Flow	159.6	21.76	-164.12	68.59	-227.05	119.67
Long-Term Debt Issued	-	45	72.9	54.9	45	-
Long-Term Debt Repaid	-	-90.83	-72.39	-59.4	-10.83	-269.21
Net Debt Issued (Repaid)	-45.84	-45.83	0.52	-4.5	34.17	-269.21
Repurchase of Common Stock	-	-	-	-16.59	-49.84	-
Other Financing Activities	-16.28	1.03	-3.92	-3.36	-1.91	-7.11
Financing Cash Flow	-62.11	-44.79	-3.41	-24.46	-17.58	-276.32
Foreign Exchange Rate Adjustments	-48.13	54.96	24.87	107.65	-31.71	-83.21
Net Cash Flow	135.07	-53.78	-59.37	389.17	-353.97	-150.19
Free Cash Flow	78.13	-125.16	-132.6	179.08	-155.68	39.42
Free Cash Flow Growth	-	-	-	-	-	-58.42%
Free Cash Flow Margin	10.05%	-11.99%	-9.33%	17.23%	-17.73%	3.23%
Free Cash Flow Per Share	0.02	-0.03	-0.03	0.04	-0.04	0.01
Cash Interest Paid	4.06	4	3.92	3.36	3.11	7.11
Cash Income Tax Paid	6.8	6.28	1.37	1.67	2.62	17.9
Levered Free Cash Flow	109.82	-63.2	9.41	296.48	-135.78	188.12
Unlevered Free Cash Flow	111.67	-60.7	11.87	298.26	-134.13	192.56
Change in Working Capital	-18.36	-18.36	55.12	362.51	-75.87	440.07

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.