Jiutian Chemical 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	-166.97	-147.9	-344.64	490.5	324.9
Depreciation & Amortization	36.81	24.9	23.18	21.67	28.98
Other Amortization	-	-	-	0.64	-
Loss (Gain) From Sale of Assets	-0.28	2.63	2.58	1.45	-0.05
Asset Writedown & Restructuring Costs	11.38	4.28	-	-	3.26
Loss (Gain) From Sale of Investments	4.27	-6.19	25.84	5.1	111.6
Loss (Gain) on Equity Investments	14.78	34.12	26.5	-13.14	14.56
Other Operating Activities	12.61	8.24	-85.4	-46.28	105.49
Change in Accounts Receivable	-31.79	126.72	254.6	131.36	-98.52
Change in Inventory	-4.19	8.2	1.33	18.33	-22.18
Change in Accounts Payable	-0.65	-135.95	-289.64	-175.62	187.77
Operating Cash Flow	-124.03	-80.95	-385.65	434.01	655.81
Operating Cash Flow Growth	-	-	-	-33.82%	408.30%
Capital Expenditures	-25.5	-90.68	-125.58	-9.96	-22.27
Sale of Property, Plant & Equipment	0.64	0.67	0.39	0.29	0.06
Divestitures	-	-	-0.32	-	-
Investment in Securities	-	-0.16	-0.2	-0.18	-5.46
Investing Cash Flow	-24.86	-90.17	-125.7	-9.85	-27.68
Short-Term Debt Issued	54.58	165.94	301.4	248.41	-
Long-Term Debt Issued	-	178.39	66.01	10	59.94
Total Debt Issued	54.58	344.33	367.41	258.41	59.94
Short-Term Debt Repaid	-118.24	-226.22	-226.17	-341.95	-66.06
Long-Term Debt Repaid	-98.54	-105.46	-10	-10	-110
Total Debt Repaid	-216.79	-331.68	-236.17	-351.95	-176.06
Net Debt Issued (Repaid)	-162.2	12.65	131.24	-93.54	-116.12
Common Dividends Paid	-	-	-111.86	-84.37	-33.43
Other Financing Activities	35.87	20.21	-20.12	82.39	38.66
Financing Cash Flow	-126.33	32.87	-0.73	-95.52	-110.89
Foreign Exchange Rate Adjustments	0.77	-0.31	2.53	5.44	-3.43
Net Cash Flow	-274.46	-138.57	-509.56	334.07	513.82
Free Cash Flow	-149.53	-171.63	-511.23	424.05	633.54
Free Cash Flow Growth	-	-	-	-33.07%	416.35%
Free Cash Flow Margin	-139.13%	-339.41%	-85.41%	17.42%	29.15%
Free Cash Flow Per Share	-0.07	-0.09	-0.26	0.21	0.32
Cash Interest Paid	-	9.01	3.23	2.3	3.67
Cash Income Tax Paid	-	2.53	92.94	225	62.97
Levered Free Cash Flow	-120.75	-125.86	-376.38	344.25	693.11
Unlevered Free Cash Flow	-116.02	-122.26	-375.14	345.68	695.4
Change in Working Capital	-36.63	-1.03	-33.72	-25.93	67.07

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