Fuxing China 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	FY 2024	FY	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023
Net Income	20.25	-	0.7	-	-11.03
Depreciation & Amortization	40.51	-	41.39	-	42.57
Loss (Gain) From Sale of Assets	-19.5	-	-7.12	-	-
Asset Writedown & Restructuring Costs	3.06	-	-	-	-3.46
Provision & Write-off of Bad Debts	1.85	-	-10.63	-	1.61
Other Operating Activities	-13.59	-	0.74	-	3.1
Change in Accounts Receivable	23.53	-	-12.88	-	42.93
Change in Inventory	-3.9	-	13.88	-	-27.93
Change in Accounts Payable	16.73	-	7.64	-	-11.31
Change in Other Net Operating Assets	7.23	-	34.64	-	-16.41
Operating Cash Flow	76.18	-	68.34	-	20.07
Capital Expenditures	-16.07	-	-12.16	-	-8.95
Sale of Property, Plant & Equipment	1.27	-	10.27	-	-
Divestitures	45.57	-	-	-	-
Sale (Purchase) of Intangibles	-1.08	-	-3	-	-
Other Investing Activities	0.52	-	0.57	-	0.76
Investing Cash Flow	30.2	-	-4.33	-	-8.19
Short-Term Debt Issued	56.75	-	132.19	-	104.82
Total Debt Issued	56.75	-	132.19	-	104.82
Short-Term Debt Repaid	-141.46	-	-130.84	-	-145.47
Total Debt Repaid	-141.46	-	-130.84	-	-145.47
Net Debt Issued (Repaid)	-84.71	-	1.35	-	-40.65
Issuance of Common Stock	6.26	-	-	-	-
Other Financing Activities	15.35	-	-12.7	-	-16.53
Financing Cash Flow	-63.1	-	-11.35	-	-57.18
Net Cash Flow	43.28	-	52.67	-	-45.3
Free Cash Flow	60.1	-	56.18	-	11.12
Free Cash Flow Margin	8.94%	-	7.63%	-	1.46%
Free Cash Flow Per Share	3.41	-	3.27	-	0.65
Cash Interest Paid	5.64	-	9.4	-	11.3
Cash Income Tax Paid	0.31	-	2.24	-	2.79
Levered Free Cash Flow	75.3	-	27.64	-	-8.86
Unlevered Free Cash Flow	78.83	-	33.51	-	-1.8
Change in Working Capital	43.59	-	43.27	-	-12.72