Reconova Technologies Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-67.22	9.71	-29.43
Depreciation & Amortization	8.86	10.87	13.04
Other Amortization	0.47	0.47	0.47
Loss (Gain) From Sale of Assets	0.38	0.05	-0.22
Loss (Gain) From Sale of Investments	-0.01	-0.02	-0
Stock-Based Compensation	5.31	-	4
Provision & Write-off of Bad Debts	69.53	18.48	9.58
Other Operating Activities	7.06	-0.01	0.25
Change in Accounts Receivable	-353.79	-154.12	-149.48
Change in Inventory	1.72	7.24	39.1
Change in Accounts Payable	153.02	101.87	33.84
Change in Unearned Revenue	1.44	-3.03	-15.08
Change in Other Net Operating Assets	48.01	21.67	18.23
Operating Cash Flow	-125.22	13.18	-63.36
Capital Expenditures	-1.36	-2.05	-0.9
Sale of Property, Plant & Equipment	0.01	0.09	0.02
Sale (Purchase) of Intangibles	-0.38	-0.18	-0
Investment in Securities	-0.15	-0.15	25.11
Investing Cash Flow	-1.88	-2.28	24.23
Short-Term Debt Issued	8.59	24.93	0.1
Long-Term Debt Issued	152.2	78.37	37.09
Total Debt Issued	160.79	103.3	37.19
Short-Term Debt Repaid	-8.01	-24.15	-0.15
Long-Term Debt Repaid	-85.38	-45.03	-24.18
Total Debt Repaid	-93.38	-69.18	-24.33
Net Debt Issued (Repaid)	67.41	34.12	12.87
Issuance of Common Stock	50	-	-
Other Financing Activities	-6.85	-1.01	-0.76
Financing Cash Flow	110.56	33.12	12.1
Foreign Exchange Rate Adjustments	-0	-	0.01
Net Cash Flow	-16.54	44.02	-27.01
Free Cash Flow	-126.58	11.14	-64.26
Free Cash Flow Margin	-28.57%	2.82%	-26.51%
Free Cash Flow Per Share	-0.46	0.04	-0.23
Cash Interest Paid	3.43	1.73	0.92
Levered Free Cash Flow	-108.79	-6.69	-
Unlevered Free Cash Flow	-105.68	-5.47	-
Change in Working Capital	-149.59	-26.37	-61.04