Wanguo Gold Group 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	575.38	335.39	180.54	193.43
Depreciation & Amortization	97.51	97.01	49.84	45.69
Loss (Gain) From Sale of Assets	1.96	0.82	0.24	-0.12
Asset Writedown & Restructuring Costs	-	-	-	7.12
Loss (Gain) From Sale of Investments	-4.18	-	-	-
Other Operating Activities	187.22	75.52	2.17	17.53
Change in Accounts Receivable	-10.43	-124.62	-10.45	-109.25
Change in Inventory	25.3	-34.76	-110.24	-9.23
Change in Accounts Payable	6.91	22.82	12.79	24.99
Change in Unearned Revenue	-36.38	-22.17	42.08	-24.25
Operating Cash Flow	843.28	350	166.97	145.92
Operating Cash Flow Growth	140.94%	109.62%	14.42%	71.27%
Capital Expenditures	-199.06	-157.74	-182.57	-231.94
Sale of Property, Plant & Equipment	-	-	0.77	0.17
Investment in Securities	-1,331	-	-	-
Other Investing Activities	4.15	-1.32	-0.55	4.85
Investing Cash Flow	-1,556	-159.06	-182.35	-226.92
Short-Term Debt Issued	8.57	1.37	-	11.49
Long-Term Debt Issued	310	200	148.5	96
Total Debt Issued	318.57	201.37	148.5	107.49
Short-Term Debt Repaid	-13.33	-0.01	-2.33	-34.63
Long-Term Debt Repaid	-252.53	-188.71	-87.61	-75.95
Total Debt Repaid	-265.86	-188.72	-89.93	-110.58
Net Debt Issued (Repaid)	52.71	12.65	58.57	-3.09
Issuance of Common Stock	1,262	-	-	196.16
Common Dividends Paid	-251.98	-82.8	-83.63	-24.7
Other Financing Activities	-12.03	-17.5	-9.21	-7.67
Financing Cash Flow	1,051	-87.66	-34.27	160.71
Foreign Exchange Rate Adjustments	3.67	0.39	1.29	-0.08
Net Cash Flow	342.12	103.67	-48.35	79.63
Free Cash Flow	644.23	192.26	-15.6	-86.01
Free Cash Flow Growth	235.08%	-	-	-
Free Cash Flow Margin	34.35%	14.62%	-2.29%	-4.27%
Free Cash Flow Per Share	0.18	0.06	-0.01	-0.03
Cash Interest Paid	11.9	17.5	9.21	7.59
Cash Income Tax Paid	54.58	28.24	42.45	15.3
Levered Free Cash Flow	417.3	41.45	-122.35	-163.92
Unlevered Free Cash Flow	424.96	49.35	-113.3	-159.17
Change in Working Capital	-14.6	-158.74	-65.83	-117.74

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