Fengyinhe Holdings 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	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	47.5	54.87	16.93	2.61	-265.28
Depreciation & Amortization	0.87	1.18	1.38	0.74	0.62
Loss (Gain) From Sale of Investments	-	-	-	-	195.99
Asset Writedown & Restructuring Costs	-	-	-	-	48.4
Provision for Credit Losses	-5.23	5.23	2.19	2.38	10.6
Loss (Gain) on Equity Investments	-3.26	-	-	-	-
Change in Unearned Revenue	-	0.01	0.09	-	0.84
Change in Other Net Operating Assets	64.48	-93.41	-41.3	-34.07	11.34
Other Operating Activities	22.13	19.02	10.71	6.98	2.53
Operating Cash Flow	126.49	-24.25	-10.01	-16.82	5.05
Capital Expenditures	-	-0.01	-0.01	-0.04	-
Divestitures	-	-0.02	-	11.73	-
Investment in Securities	-6.96	-	-	-	-
Other Investing Activities	0.08	0.29	0.19	0.01	0.01
Investing Cash Flow	-6.88	0.27	0.18	11.7	0.01
Short-Term Debt Issued	-	-	-	1.47	2.9
Total Debt Issued	-	-	-	1.47	2.9
Short-Term Debt Repaid	-	-	-	-2.99	-
Long-Term Debt Repaid	-	-0.6	-1.41	-	-0.58
Total Debt Repaid	-	-0.6	-1.41	-2.99	-0.58
Net Debt Issued (Repaid)	-	-0.6	-1.41	-1.52	2.33
Issuance of Common Stock	-	62.37	23.55	-	-
Other Financing Activities	-	-	-	-	-0.23
Financing Cash Flow	-	61.77	22.14	-1.52	2.1
Foreign Exchange Rate Adjustments	-0.76	0.26	-0.66	-2.54	-0.39
Net Cash Flow	118.85	38.04	11.65	-9.17	6.76
Free Cash Flow	126.49	-24.26	-10.02	-16.85	5.05
Free Cash Flow Margin	105.53%	-19.30%	-11.86%	-22.70%	54.63%
Free Cash Flow Per Share	0.37	-0.13	-0.18	-0.49	0.15
Cash Interest Paid	-	-	-	-	0.23
Cash Income Tax Paid	0.01	1.06	-	-	0.01

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