Sinomach Automobile 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	-	392.46	20.79	318.57	256.12
Depreciation & Amortization	-	655.02	591.77	502.93	510
Other Amortization	-	50.67	30.65	31.4	35.31
Loss (Gain) From Sale of Assets	-	-79.82	-41.73	-50.83	-61.6
Asset Writedown & Restructuring Costs	-	-0.45	17.93	0.02	-21.93
Loss (Gain) From Sale of Investments	-	6.48	-3.18	30.22	-31.79
Provision & Write-off of Bad Debts	-	79.84	627.98	482.57	376.39
Other Operating Activities	-	247.83	168.09	247.37	314.53
Change in Accounts Receivable	-	2,852	-2,303	-1,374	-977.17
Change in Inventory	-	-1,411	164.61	-3,893	3,076
Change in Accounts Payable	-	-102.45	1,440	1,089	-263.4
Change in Other Net Operating Assets	-	-	-	-	-5.05
Operating Cash Flow	-	2,722	631.76	-2,676	3,137
Operating Cash Flow Growth	-	330.82%	-	-	370.04%
Capital Expenditures	-	-1,151	-1,241	-638.93	-639.58
Sale of Property, Plant & Equipment	-	420.99	370.75	255.17	388.88
Cash Acquisitions	-	-	-	-	-6.8
Divestitures	-	-	14.06	-	-
Investment in Securities	-	-53.64	2.55	615.4	24.1
Other Investing Activities	-	16.37	16.26	18.99	226.95
Investing Cash Flow	-	-767.46	-837.79	250.63	-6.45
Long-Term Debt Issued	-	12,063	9,182	7,489	3,798
Long-Term Debt Repaid	-	-13,451	-10,009	-7,217	-6,126
Net Debt Issued (Repaid)	-	-1,388	-826.44	271.98	-2,328
Issuance of Common Stock	-	-	1	280.07	-
Common Dividends Paid	-	-115.33	-209.93	-191.02	-322.41
Other Financing Activities	-	1,340	1,697	-23.84	-10.74
Financing Cash Flow	-	-163.52	662.1	337.19	-2,661
Foreign Exchange Rate Adjustments	-	-3.64	16.53	12.33	-14.51
Net Cash Flow	-	1,787	472.6	-2,076	454.73
Free Cash Flow	-	1,571	-609.65	-3,315	2,497
Free Cash Flow Growth	-	-	-	-	1621.65%
Free Cash Flow Margin	-	3.74%	-1.40%	-8.38%	5.68%
Free Cash Flow Per Share	-	1.05	-0.41	-2.28	1.71
Cash Interest Paid	-	46.23	14.03	-	-
Cash Income Tax Paid	-	2,535	2,545	2,502	2,203
Levered Free Cash Flow	-	859.67	685.82	-3,844	2,503
Unlevered Free Cash Flow	-	953.34	761.67	-3,771	2,580
Change in Working Capital	-	1,370	-780.55	-4,238	1,759

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