Jilin Quanyangquan Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Jan '21 Jan 1, 2021
Net Income	9.4	6.14	-457.19	57.73	105.29	82.94
Depreciation & Amortization	72.61	72.61	71.04	67.63	73.36	74.86
Other Amortization	6.23	6.23	4.79	2.53	1.94	1.35
Loss (Gain) From Sale of Assets	-0.25	-0.25	-0.37	-20.05	-0.02	0.56
Asset Writedown & Restructuring Costs	1.27	1.27	384.92	49.04	23.05	7.84
Loss (Gain) From Sale of Investments	-5.09	-5.09	-15.69	-21.64	-14.91	-8.47
Provision & Write-off of Bad Debts	39.4	39.4	150.86	34.2	51.52	23.3
Other Operating Activities	161.92	45.62	40.34	97.5	110.88	167.41
Change in Accounts Receivable	-139.22	-139.22	-116.22	19.57	-137.89	-269.51
Change in Inventory	-11.21	-11.21	-9.48	23.73	-27.6	-13.99
Change in Accounts Payable	185.03	185.03	188.1	41.54	-2.17	76.5
Change in Other Net Operating Assets	2.24	2.24	0.26	-9.85	22.46	60.01
Operating Cash Flow	305.91	186.36	224.72	334.71	205.14	196.59
Operating Cash Flow Growth	77.22%	-17.07%	-32.86%	63.17%	4.35%	159.13%
Capital Expenditures	-154.73	-98.48	-39.93	-83.79	-17.11	-33.68
Sale of Property, Plant & Equipment	1.06	0.32	0.02	0.03	0.51	0.05
Divestitures	-	-	-	121.17	0.06	-
Investment in Securities	30.7	362.32	8.36	164.2	-330	26.7
Other Investing Activities	13.79	5.13	134.86	14.16	5.91	6.57
Investing Cash Flow	-109.19	269.28	103.31	215.76	-340.63	-0.36
Long-Term Debt Issued	-	370.99	761.9	1,556	627.43	1,106
Long-Term Debt Repaid	-	-397.16	-901.2	-1,728	-686.08	-1,585
Net Debt Issued (Repaid)	-29.22	-26.17	-139.3	-172.26	-58.65	-478.71
Repurchase of Common Stock	-	-	-	-	-	-0
Common Dividends Paid	-36.31	-64.19	-75.2	-90.2	-103.73	-
Dividends Paid	-36.31	-64.19	-75.2	-90.2	-103.73	-114.84
Other Financing Activities	-10.44	-11.52	-12.15	-11.76	-18.34	-6.64
Financing Cash Flow	-75.98	-101.89	-226.66	-274.22	-180.72	-600.19
Net Cash Flow	120.74	353.75	101.37	276.26	-316.22	-403.97
Free Cash Flow	151.17	87.87	184.79	250.93	188.03	162.91
Free Cash Flow Growth	13.76%	-52.45%	-26.36%	33.45%	15.42%	182.49%
Free Cash Flow Margin	11.45%	7.34%	16.47%	19.77%	12.78%	11.87%
Free Cash Flow Per Share	0.25	0.14	0.26	0.35	0.27	0.24
Cash Income Tax Paid	148.51	130.19	124.07	129.2	127.33	125.64
Levered Free Cash Flow	331.85	120.54	242.48	61.16	48.18	-69.31
Unlevered Free Cash Flow	331.85	130.24	260.57	72.49	66.06	-53.45
Change in Working Capital	20.42	20.42	46.01	67.76	-145.98	-153.2

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