Phancy 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	-268.79	-908.72	-1,645	-1,786
Depreciation & Amortization	54.59	65.54	61.15	52.45
Other Amortization	7.19	15.8	19.69	15.73
Loss (Gain) From Sale of Assets	-1.07	-6.6	-	-0.04
Loss (Gain) From Sale of Investments	-112.28	0.26	-56.51	-93.11
Loss (Gain) on Equity Investments	-19.27	1.6	3.2	-3.8
Stock-Based Compensation	3.8	-	433.4	603.63
Provision & Write-off of Bad Debts	199.96	79.54	48.91	15.21
Other Operating Activities	-48.83	397.62	640.98	627.88
Change in Accounts Receivable	-1,718	-439.85	-748.81	-423.98
Change in Inventory	-35.71	52.74	-135.15	-112.99
Change in Accounts Payable	1,357	180.03	522.96	217.19
Change in Unearned Revenue	46.17	-179.55	116.86	81.49
Change in Other Net Operating Assets	-87.05	-256.99	-41.38	35.99
Operating Cash Flow	-622	-998.58	-779.59	-770.01
Capital Expenditures	-28.31	-38.79	-15.52	-21.15
Sale of Property, Plant & Equipment	0.37	0.35	0.67	2.24
Cash Acquisitions	-42.88	-42.88	-126.17	-254.7
Divestitures	18.8	-	-	-
Investment in Securities	-472.23	791.89	884.73	-2,995
Other Investing Activities	50.08	12.83	78.68	68.51
Investing Cash Flow	-474.17	723.41	822.39	-3,200
Short-Term Debt Issued	8.5	-	-	-
Long-Term Debt Issued	45.67	104.55	50.55	29.58
Total Debt Issued	54.17	104.55	50.55	29.58
Long-Term Debt Repaid	-65.54	-100.32	-36.18	-74.03
Net Debt Issued (Repaid)	-11.38	4.23	14.37	-44.44
Issuance of Common Stock	-	1,193	-	4,284
Repurchase of Common Stock	-18.11	-259.02	-	-
Other Financing Activities	-1.45	-7.53	-23.39	-29.08
Financing Cash Flow	-30.93	930.72	-9.01	4,210
Foreign Exchange Rate Adjustments	7.83	-4.48	0.35	0.22
Net Cash Flow	-1,119	651.07	34.13	240.61
Free Cash Flow	-650.31	-1,037	-795.11	-791.16
Free Cash Flow Margin	-12.36%	-24.68%	-25.79%	-39.20%
Free Cash Flow Per Share	-1.40	-3.19	-2.97	-3.38
Cash Interest Paid	1.45	3	1.23	0.71
Cash Income Tax Paid	3.48	0.07	5.04	2.69
Levered Free Cash Flow	-437.38	-877.81	-871.98	-819.33
Unlevered Free Cash Flow	-435.47	-608.54	-450.9	-418.49
Change in Working Capital	-437.31	-643.61	-285.52	-202.3

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