Butong 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	58.52	27.22	-21.23
Depreciation & Amortization	22.08	22.32	19.08
Other Amortization	0.15	0.09	0.02
Loss (Gain) From Sale of Assets	-	1	0.56
Loss (Gain) From Sale of Investments	-2.86	-1.07	-1.82
Stock-Based Compensation	9.81	5.42	5.42
Other Operating Activities	32.13	40.79	29.23
Change in Accounts Receivable	-12.04	-9.45	15.48
Change in Inventory	-37.5	-8.28	-22.75
Change in Accounts Payable	68.4	16.27	2.61
Change in Unearned Revenue	2.58	7.3	1.9
Change in Other Net Operating Assets	-0.86	-5.15	1.05
Operating Cash Flow	140.41	96.47	29.54
Operating Cash Flow Growth	45.55%	226.53%	-
Capital Expenditures	-46.22	-28.6	-14.87
Sale of Property, Plant & Equipment	-	0.46	0.06
Investment in Securities	8.45	38.03	-49.49
Other Investing Activities	3.21	1.17	0.52
Investing Cash Flow	-34.55	11.05	-63.78
Long-Term Debt Issued	169.59	29.45	59.85
Long-Term Debt Repaid	-167.78	-65.89	-5.88
Net Debt Issued (Repaid)	1.82	-36.44	53.97
Issuance of Common Stock	0.04	-	-
Other Financing Activities	-7.53	-2.1	-1.64
Financing Cash Flow	-5.68	-38.54	52.33
Foreign Exchange Rate Adjustments	-1.75	-0.01	0.02
Net Cash Flow	98.43	68.97	18.11
Free Cash Flow	94.19	67.86	14.68
Free Cash Flow Growth	38.80%	362.45%	-
Free Cash Flow Margin	7.54%	7.96%	2.89%
Free Cash Flow Per Share	1.04	-	-
Cash Interest Paid	3.29	1.92	1.64
Cash Income Tax Paid	53.27	19.03	6.25
Levered Free Cash Flow	81.87	51.08	-
Unlevered Free Cash Flow	99.79	68.27	-
Change in Working Capital	20.58	0.7	-1.71

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