Lotus Holdings Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	202.58	129.93	46.19	44.36
Depreciation & Amortization	70.91	18.1	18.3	11.36
Other Amortization	1.92	0.48	-	0.59
Loss (Gain) From Sale of Assets	0.49	-	-	3
Asset Writedown & Restructuring Costs	11.26	1.5	0.96	3.29
Loss (Gain) From Sale of Investments	9.02	-0.05	0.96	0.01
Provision & Write-off of Bad Debts	3.41	5.81	3.52	-7.52
Other Operating Activities	30.71	2.88	9.48	19.05
Change in Accounts Receivable	-128.35	139.04	-0.59	41.07
Change in Inventory	-28.27	-65.33	17.23	30.62
Change in Accounts Payable	427.88	-198.44	-54.45	-86.53
Operating Cash Flow	652.26	74.02	54.97	70.05
Operating Cash Flow Growth	781.19%	34.66%	-21.53%	-
Capital Expenditures	-643.37	-110.15	-41.57	-101.51
Sale of Property, Plant & Equipment	0.05	-	-	1.33
Investment in Securities	-112.15	-20.05	-	-9
Other Investing Activities	-	-	-	-0.16
Investing Cash Flow	-755.47	-130.2	-41.57	-109.34
Short-Term Debt Issued	-	-	-	70
Long-Term Debt Issued	726.71	91.88	320	-
Total Debt Issued	726.71	91.88	320	70
Short-Term Debt Repaid	-	-	-	-420
Long-Term Debt Repaid	-81.29	-21.71	-302.03	-
Total Debt Repaid	-81.29	-21.71	-302.03	-420
Net Debt Issued (Repaid)	645.41	70.17	17.97	-350
Issuance of Common Stock	-	-	-	976.16
Repurchase of Common Stock	-71.17	-10.47	-39.54	-
Common Dividends Paid	-28.56	-0.44	-5.01	-19.83
Other Financing Activities	45.52	37.44	-	-0.68
Financing Cash Flow	591.2	96.7	-26.58	605.66
Foreign Exchange Rate Adjustments	0.1	0.06	0.9	-0.42
Net Cash Flow	488.09	40.58	-12.28	565.95
Free Cash Flow	8.9	-36.13	13.4	-31.46
Free Cash Flow Margin	0.34%	-1.72%	0.79%	-1.73%
Free Cash Flow Per Share	0.01	-0.02	0.01	-0.02
Cash Income Tax Paid	87.34	30.55	7.04	8.06
Levered Free Cash Flow	-178.96	-255.8	139.37	92.89
Unlevered Free Cash Flow	-159.04	-255.44	142.55	105.04
Change in Working Capital	321.96	-84.63	-24.45	-4.09

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