Zixin Group Holdings Cash Flow Statement

Financials in millions CNY. Fiscal year is April - March.

Millions CNY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	50.97	42.72	13.35	-14.19	3.65	-12.68
Depreciation & Amortization	31.44	25.68	20.81	17	18.56	20.45
Other Amortization	-	-	-	-	-	0.06
Loss (Gain) From Sale of Assets	0.01	-	-	1.38	0.5	0.91
Asset Writedown & Restructuring Costs	0.2	0.2	0.85	0.28	0.11	1.41
Stock-Based Compensation	0	6.58	-	-	-	-
Provision & Write-off of Bad Debts	0.19	0.19	0.16	-0.1	-0.38	0.6
Other Operating Activities	5.68	1.57	6.02	4.88	2.9	1.63
Change in Accounts Receivable	-51.5	-38.29	-32	19.34	6.19	-20.93
Change in Inventory	-0.05	-1.82	-0.69	0.48	1.03	0.52
Change in Accounts Payable	6.49	20.47	-1.97	4.5	-9.57	16.47
Change in Other Net Operating Assets	110.77	51.14	59.74	42.38	-59.95	81.43
Operating Cash Flow	154.21	108.44	66.27	75.95	-36.96	89.87
Operating Cash Flow Growth	67.71%	63.63%	-12.74%	-	-	-
Capital Expenditures	-37.55	-45.31	-49.34	-33.04	-20.76	-4.66
Sale of Property, Plant & Equipment	0.01	-	-	2.78	1.99	3.74
Sale (Purchase) of Intangibles	-7.73	-7.34	-	-	-1.2	-
Investment in Securities	-	-0.9	-0.9	-	-	-
Other Investing Activities	-53.91	-53.85	-74.27	-26.46	0.68	0.42
Investing Cash Flow	-99.18	-107.4	-124.51	-56.72	-19.29	-0.51
Short-Term Debt Issued	-	71.85	58.5	64.6	35.8	33.3
Total Debt Issued	78.79	71.85	58.5	64.6	35.8	33.3
Short-Term Debt Repaid	-	-55.5	-47.1	-53.3	-33.3	-25.5
Long-Term Debt Repaid	-	-0.24	-0.19	-0.16	-0.26	-0.08
Total Debt Repaid	-75.09	-55.74	-47.29	-53.46	-33.56	-25.58
Net Debt Issued (Repaid)	3.7	16.11	11.21	11.14	2.24	7.72
Issuance of Common Stock	-	13.16	-	-	56.58	29.59
Other Financing Activities	-3.32	-3.29	-2.32	-1.87	-1.45	-1.42
Financing Cash Flow	0.38	25.98	8.89	9.27	57.37	35.89
Miscellaneous Cash Flow Adjustments	-	-	-	-20.51	-	-
Net Cash Flow	55.41	27.02	-49.35	7.99	1.12	125.26
Free Cash Flow	116.66	63.13	16.94	42.9	-57.72	85.21
Free Cash Flow Growth	136.52%	272.75%	-60.52%	-	-	-
Free Cash Flow Margin	23.88%	14.87%	5.31%	19.54%	-19.96%	29.85%
Free Cash Flow Per Share	0.07	0.04	0.01	0.03	-0.05	0.13
Cash Interest Paid	3.32	3.29	2.32	1.87	1.45	1.42
Cash Income Tax Paid	14.69	12.07	4.34	0.92	-	0.05
Levered Free Cash Flow	0.19	-30.59	-56.86	29.81	-11.14	50.69
Unlevered Free Cash Flow	2.27	-28.53	-55.41	30.98	-10.22	51.58
Change in Working Capital	65.71	31.5	25.08	66.7	-62.3	77.49

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