JINGDONG Industrials 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	921.68	761.61	4.8	-1,334
Depreciation & Amortization	17.25	16.25	16.55	35.71
Other Amortization	0.05	0.05	0.27	0.13
Loss (Gain) From Sale of Assets	0.43	0.42	1.26	-202.38
Asset Writedown & Restructuring Costs	-	-	-	254.28
Loss (Gain) From Sale of Investments	50.66	159.3	78.36	57.25
Stock-Based Compensation	95.11	125.24	297.31	183.11
Provision & Write-off of Bad Debts	-0.83	3.78	4.18	12.67
Other Operating Activities	-97.67	16.68	577.88	1,765
Change in Accounts Receivable	-22.63	-40.39	-31.75	22.06
Change in Inventory	-591.62	-390.94	94.49	-41.18
Change in Accounts Payable	1,201	1,366	1,360	778.9
Change in Unearned Revenue	-8.08	9.85	-125.35	56.41
Change in Other Net Operating Assets	-33.45	-731.4	-899.21	272.54
Operating Cash Flow	1,532	1,296	1,379	1,975
Operating Cash Flow Growth	-22.44%	-5.99%	-30.19%	-
Capital Expenditures	-9.2	-6.36	-4.86	-5.11
Cash Acquisitions	-	-	-117.46	-
Divestitures	-	-	-	-70.81
Investment in Securities	-2,305	1,562	-3,559	-42.54
Other Investing Activities	0.99	5.31	6,328	-4,337
Investing Cash Flow	-2,313	1,561	2,647	-4,456
Long-Term Debt Repaid	-	-8.05	-4.46	-6.57
Net Debt Issued (Repaid)	-5.92	-8.05	-4.46	-6.57
Issuance of Common Stock	-	-	250.56	-
Repurchase of Common Stock	-	-	-68.85	-
Other Financing Activities	-9.09	-8.05	-1.91	-0.22
Financing Cash Flow	-15.01	-16.11	1,430	-6.79
Foreign Exchange Rate Adjustments	30.56	41.91	20.38	58.83
Net Cash Flow	-765.73	2,883	5,476	-2,428
Free Cash Flow	1,523	1,290	1,374	1,970
Free Cash Flow Growth	-22.70%	-6.12%	-30.26%	-
Free Cash Flow Margin	6.91%	6.32%	7.93%	13.94%
Free Cash Flow Per Share	0.61	0.52	0.69	1.17
Cash Interest Paid	237.48	243.01	61.49	106.16
Cash Income Tax Paid	210.86	116.83	144.62	143.67
Levered Free Cash Flow	-	911.58	7,329	-
Unlevered Free Cash Flow	-	911.71	7,329	-
Change in Working Capital	545.39	213.08	398.32	1,089

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