JF SmartInvest Holdings 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	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	1,312	272.37	190.72	460.55	232.18	86.14
Depreciation & Amortization	87.67	88.91	70.77	48.97	30.68	2.2
Other Amortization	2.66	1.94	2.19	0.76	12.58	16.7
Loss (Gain) From Sale of Assets	-0.02	-0.02	-0.02	-0.01	-9.06	-0.25
Loss (Gain) From Sale of Investments	64.32	64.32	-15.35	-25.95	-22.42	-13.92
Stock-Based Compensation	78.09	78.09	128.91	-	-	0.11
Provision & Write-off of Bad Debts	-1.45	-1.45	2.16	-	-	-
Other Operating Activities	-839.58	-6.75	-9.17	-43.48	46.25	-45.88
Change in Unearned Revenue	799.58	799.58	112.17	-87.84	320.44	219.71
Change in Other Net Operating Assets	330.83	330.83	-38.39	-115.08	-14.49	46.72
Operating Cash Flow	1,834	1,628	443.98	237.92	596.15	311.52
Operating Cash Flow Growth	2644.91%	266.64%	86.61%	-60.09%	91.36%	109.90%
Capital Expenditures	-29.96	-7.66	-11.79	-9.78	-14.47	-38.09
Sale of Property, Plant & Equipment	0.06	0.06	0.04	0.03	15.29	0.01
Cash Acquisitions	-49.62	-51.77	-63.55	-	-	-
Investment in Securities	-721.19	234.96	-570.04	114.28	-380.46	-246.98
Other Investing Activities	-11.7	18.03	13	-	-	-
Investing Cash Flow	-812.41	193.61	-632.34	104.53	-379.64	-285.07
Long-Term Debt Repaid	-	-77.68	-60.89	-29.42	-24.77	-
Net Debt Issued (Repaid)	-77.95	-77.68	-60.89	-29.42	-24.77	-
Issuance of Common Stock	-	-	904.19	-	-	-
Repurchase of Common Stock	-	-181.47	-	-	-	-
Common Dividends Paid	-88.67	-88.67	-214.86	-	-	-25.64
Other Financing Activities	-1.72	-2	-47.76	-3.31	-164.63	-0.4
Financing Cash Flow	-168.33	-349.81	580.67	-32.73	-189.4	-26.04
Foreign Exchange Rate Adjustments	-0.65	-8.82	0.57	0.03	-	-
Net Cash Flow	852.6	1,463	392.88	309.75	27.1	0.42
Free Cash Flow	1,804	1,620	432.19	228.14	581.67	273.43
Free Cash Flow Growth	2924.45%	274.87%	89.44%	-60.78%	112.73%	95.55%
Free Cash Flow Margin	51.43%	70.26%	21.99%	12.33%	40.06%	38.58%
Free Cash Flow Per Share	4.26	3.80	1.00	0.60	1.54	-
Cash Interest Paid	1.72	2	1.66	2.33	1.77	-
Cash Income Tax Paid	187.98	32.45	12.95	59.31	24.11	15.47
Levered Free Cash Flow	1,129	1,264	332.03	25.53	532.69	275.86
Unlevered Free Cash Flow	1,130	1,265	333.06	26.98	533.8	275.86
Change in Working Capital	1,130	1,130	73.78	-202.92	305.94	266.43

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.