Rizhao Port Co.,Ltd 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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Net Income	494.75	654.88	640.69	708.25	736.96
Depreciation & Amortization	1,748	1,665	1,609	1,345	969.94
Other Amortization	1.74	0.1	0.01	0.19	-
Loss (Gain) From Sale of Assets	-125.2	-10.36	-14.21	-11.2	0.01
Asset Writedown & Restructuring Costs	11.94	7.3	5.82	13.58	33.33
Loss (Gain) From Sale of Investments	-27.09	-33.99	-31.54	3.05	-70.94
Provision & Write-off of Bad Debts	4.39	1.32	-2.57	-0.87	-1.93
Other Operating Activities	606.19	709.36	677.94	540.18	483.8
Change in Accounts Receivable	-310.5	-288.19	54.21	-311.04	-77.01
Change in Inventory	14.17	-85.46	-31.66	6.04	38.94
Change in Accounts Payable	-181.01	-72.51	-109.69	519.37	147.47
Change in Other Net Operating Assets	-12.48	-18.66	-11.85	-17.24	-12.46
Operating Cash Flow	2,213	2,534	2,742	2,772	2,244
Operating Cash Flow Growth	-12.64%	-7.60%	-1.07%	23.54%	66.82%
Capital Expenditures	-2,278	-2,764	-3,413	-2,806	-1,451
Sale of Property, Plant & Equipment	181.17	17.98	98.33	3.79	16.88
Divestitures	-	-	-	-	-1.48
Investment in Securities	-407	-39	-8.96	-	-
Other Investing Activities	217.06	17.27	167.25	-34.84	124.97
Investing Cash Flow	-2,287	-2,767	-3,157	-2,837	-1,311
Short-Term Debt Issued	2,484	2,923	-	-	-
Long-Term Debt Issued	5,475	2,965	10,095	4,904	3,128
Total Debt Issued	7,959	5,888	10,095	4,904	3,128
Long-Term Debt Repaid	-7,239	-5,101	-6,261	-4,057	-3,446
Net Debt Issued (Repaid)	720.07	787.56	3,834	847.24	-318.23
Common Dividends Paid	-790.43	-622.94	-600.42	-503.15	-462.88
Other Financing Activities	-67.32	-30.18	-2,811	-27.14	0.32
Financing Cash Flow	-137.68	134.44	422.88	316.95	-780.8
Foreign Exchange Rate Adjustments	-0.01	-	-	-	-
Net Cash Flow	-211.37	-99.27	8.4	251.68	151.74
Free Cash Flow	-64.91	-229.96	-671.1	-34.22	792.17
Free Cash Flow Margin	-0.83%	-2.72%	-8.23%	-0.40%	12.18%
Free Cash Flow Per Share	-0.02	-0.07	-0.22	-0.01	0.26
Cash Income Tax Paid	363.64	284.88	264.09	71.71	215.19
Levered Free Cash Flow	-2,066	2,212	-569.92	243.36	1,816
Unlevered Free Cash Flow	-1,739	2,581	-219.58	508.27	2,066
Change in Working Capital	-501.45	-459.52	-143.2	173.69	92.48

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