Xiangcai Co.,Ltd Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	439.06	464.13	109.17	119.42	-326.29	485.75
Depreciation & Amortization, Total	85.67	85.67	133.28	128.58	125.03	113.65
Gain (Loss) On Sale of Investments	-28.06	-28.06	-167.23	-287.19	289.92	-359.62
Change in Accounts Receivable	-2,817	-2,817	-1,082	-1,832	-779.86	-1,450
Change in Accounts Payable	3,648	3,648	7,026	-1,163	-430.85	-243.53
Change in Other Net Operating Assets	-	-	-	-11.65	12.46	9.54
Other Operating Activities	3,168	295.65	320.97	382.19	381.07	428.36
Operating Cash Flow	4,491	1,644	5,810	-1,414	839.24	-348.62
Capital Expenditures	-64.89	-58.01	-69.89	-101.5	-86.73	-108.67
Investment in Securities	12.31	-235.56	13.95	107.68	8.84	-2,212
Other Investing Activities	2.62	1.5	0.25	12.26	0.31	0
Investing Cash Flow	-49.71	-291.82	-37.48	83.44	-66.89	-2,248
Short-Term Debt Issued	-	-	-	-	-	1,019
Long-Term Debt Issued	-	3,610	3,405	1,471	3,869	3,964
Total Debt Issued	3,970	3,610	3,405	1,471	3,869	4,983
Long-Term Debt Repaid	-	-2,051	-3,513	-1,401	-1,939	-4,649
Total Debt Repaid	-2,650	-2,051	-3,513	-1,401	-1,939	-4,649
Net Debt Issued (Repaid)	1,320	1,559	-108.38	70.06	1,930	334.01
Issuance of Common Stock	-	-	-	40.27	1.64	1,729
Repurchase of Common Stock	-35.71	-35.71	-44.29	-	-	-
Common Dividends Paid	-204.45	-196.19	-447.02	-528.7	-740.42	-515.9
Other Financing Activities	851.17	546.34	-869.96	-542.49	-1,304	1,190
Financing Cash Flow	1,931	1,873	-1,470	-960.85	-112.7	2,737
Foreign Exchange Rate Adjustments	-7.3	-4.48	3.26	2.98	18.13	-4.14
Net Cash Flow	6,365	3,222	4,306	-2,289	677.78	136.2
Free Cash Flow	4,426	1,586	5,740	-1,516	752.51	-457.29
Free Cash Flow Growth	50.02%	-72.36%	-	-	-	-
Free Cash Flow Margin	218.54%	77.63%	332.90%	-83.31%	25.12%	-11.42%
Free Cash Flow Per Share	1.56	0.56	2.01	-0.53	0.26	-0.17
Cash Interest Paid	393.14	393.14	303.17	302.45	342.91	429.58
Cash Income Tax Paid	364.54	364.54	112.52	200.83	113.88	320.55

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.