Baiying Holdings Group 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	7.16	-17.39	-16.2	-26.39	-7.07
Depreciation & Amortization	1.15	2.11	6.06	5.29	1.11
Loss (Gain) From Sale of Investments	0.21	-3.2	-2.72	0.2	2.33
Asset Writedown & Restructuring Costs	2.72	-9.22	-	-	-
Provision for Credit Losses	-	-	1.58	11.5	14.11
Loss (Gain) on Equity Investments	-	-	0.76	0.49	-
Change in Accounts Payable	7.58	-2.59	-1.79	-14.02	-14.3
Change in Other Net Operating Assets	-141.75	-92.16	-5.01	97.1	60.64
Other Operating Activities	6.82	35.12	0.35	8.61	-4.87
Operating Cash Flow	-126.55	-109.81	-21.27	71.33	51.03
Operating Cash Flow Growth	-	-	-	39.77%	19.95%
Capital Expenditures	-2.77	-31.66	-4.29	-29.49	-46.55
Sale of Property, Plant & Equipment	-	0.15	0	-	0.06
Divestitures	12.21	-	-	-	-
Sale (Purchase) of Intangibles	-0.47	-0.36	-0.13	-	-
Investment in Securities	9.33	31.09	-7.18	7.98	8.61
Other Investing Activities	55.55	0.19	0.23	0.34	2.78
Investing Cash Flow	73.84	-0.6	-11.36	-21.17	-35.1
Short-Term Debt Issued	-	-	-	0.85	-
Long-Term Debt Issued	147.17	131.31	10	63.36	42.09
Total Debt Issued	147.17	131.31	10	64.21	42.09
Short-Term Debt Repaid	-	-	-0.85	-	-
Long-Term Debt Repaid	-77.38	-12.49	-31.47	-61.04	-60.55
Total Debt Repaid	-77.38	-12.49	-32.32	-61.04	-60.55
Net Debt Issued (Repaid)	69.79	118.81	-22.32	3.17	-18.45
Common Dividends Paid	-	-	-	-	-4.48
Other Financing Activities	-2.45	-2.28	-1.48	-2.15	-0.14
Financing Cash Flow	67.33	116.53	-23.79	1.02	-23.07
Foreign Exchange Rate Adjustments	0.1	-0.04	-0.03	-0.22	0.04
Net Cash Flow	14.73	6.08	-56.45	50.96	-7.1
Free Cash Flow	-129.32	-141.47	-25.56	41.84	4.48
Free Cash Flow Growth	-	-	-	834.03%	-78.57%
Free Cash Flow Margin	-307.67%	-408.10%	-76.61%	169.78%	20.14%
Free Cash Flow Per Share	-0.48	-0.52	-0.10	0.15	0.02
Cash Interest Paid	2.45	2.28	1.48	2.15	2.39
Cash Income Tax Paid	2.45	-0.42	0.71	2.85	4.48

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.