Dahu Health Industry 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	33.33	-76.95	-8.16	-71.5	-180.12
Depreciation & Amortization	62.09	61.68	62.62	62.3	53.69
Other Amortization	26.98	27.62	28.02	24.18	19.85
Loss (Gain) From Sale of Assets	-0.57	-2.28	-6.44	-0.41	63.36
Asset Writedown & Restructuring Costs	-4.66	27.66	4.65	37.27	126.61
Loss (Gain) From Sale of Investments	-	3.72	2.65	6.97	-3.27
Provision & Write-off of Bad Debts	-	6.41	6.28	20.22	5.34
Other Operating Activities	27.42	58.13	66.48	41.89	71.69
Change in Accounts Receivable	45.3	-34.88	0.89	40.64	-13.44
Change in Inventory	27.37	9.2	65.81	-34.82	39.59
Change in Accounts Payable	-1.07	-29.94	-51.12	-20.46	-80.08
Operating Cash Flow	217.99	67.45	162.09	97.87	96.42
Operating Cash Flow Growth	223.18%	-58.39%	65.62%	1.50%	-
Capital Expenditures	-9.7	-21.34	-19.2	-61.81	-79.69
Sale of Property, Plant & Equipment	0.27	7.15	9.37	0.73	0.95
Cash Acquisitions	-	-	-	-15	-
Divestitures	-	0.17	7.58	0	-
Investment in Securities	-3.48	-13.57	12.08	12.19	-31.76
Other Investing Activities	6.3	0.46	-	0.62	2.72
Investing Cash Flow	-6.62	-27.13	9.83	-63.27	-107.78
Long-Term Debt Issued	273	210	322.2	335.2	535.4
Long-Term Debt Repaid	-283	-382.8	-370.43	-446.91	-375.5
Net Debt Issued (Repaid)	-10	-172.8	-48.23	-111.71	159.9
Common Dividends Paid	-11.71	-15.85	-18.98	-21.15	-38.41
Other Financing Activities	-59.11	-0.75	0.44	-0.06	-0.08
Financing Cash Flow	-80.81	-189.4	-66.77	-132.93	121.41
Net Cash Flow	130.56	-149.08	105.15	-98.34	110.05
Free Cash Flow	208.28	46.12	142.89	36.05	16.73
Free Cash Flow Growth	351.65%	-67.73%	296.30%	115.48%	-
Free Cash Flow Margin	22.64%	4.42%	11.97%	3.29%	1.29%
Free Cash Flow Per Share	0.41	0.10	0.35	0.08	0.03
Cash Income Tax Paid	63.98	68.89	87.59	68.34	58.7
Levered Free Cash Flow	205.61	36.4	133.14	-23.76	59.04
Unlevered Free Cash Flow	205.61	59.46	159.15	3.62	85.32
Change in Working Capital	73.4	-38.53	6	-23.06	-60.72

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