Hanma Technology Group 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	53.07	157.23	-962.69	-1,494	-1,336
Depreciation & Amortization	247.56	244.85	364.3	401.9	424.98
Other Amortization	-	56.81	0.25	0.37	0.39
Loss (Gain) From Sale of Assets	-0.09	0.95	-59.02	1.23	-19.65
Asset Writedown & Restructuring Costs	-2.85	108.71	227.59	152.89	221.36
Loss (Gain) From Sale of Investments	-8.93	-1,186	-1.21	-113.96	-3.12
Provision & Write-off of Bad Debts	-	352.06	234.2	490.06	260.21
Other Operating Activities	69.89	194.63	112.69	226.9	150.9
Change in Accounts Receivable	-814.18	-72.15	-80.91	279.36	-54.67
Change in Inventory	40.85	-36.48	111.38	715.6	461
Change in Accounts Payable	726.71	-705.65	36.27	-851.75	273.05
Change in Other Net Operating Assets	-98.4	-171.89	-115.22	-422.23	-17.34
Operating Cash Flow	206.63	-1,050	-130.01	-614.6	363.18
Capital Expenditures	-23.56	-22.81	-270.55	-18.13	-221.89
Sale of Property, Plant & Equipment	0.02	48.73	59.72	31.76	52.09
Divestitures	1.18	-	32	-	-
Investment in Securities	-431.2	-	-	-	-
Other Investing Activities	-355.44	4.33	14.96	17.77	24.28
Investing Cash Flow	-809	30.26	-163.87	31.4	-145.51
Long-Term Debt Issued	99.5	1,316	4,515	3,568	3,110
Long-Term Debt Repaid	-106.09	-2,164	-4,530	-3,190	-3,707
Net Debt Issued (Repaid)	-6.59	-848.61	-14.91	377.61	-597.64
Issuance of Common Stock	-	1,765	-	-	584.96
Common Dividends Paid	-31.82	-25.97	-110.77	-102.91	-141.26
Other Financing Activities	15.15	976.78	305.63	-81.34	2.52
Financing Cash Flow	-23.27	1,867	179.96	193.35	-151.43
Foreign Exchange Rate Adjustments	-0.43	0.24	0.88	1.34	-0.24
Net Cash Flow	-626.07	847.39	-113.05	-388.5	66.01
Free Cash Flow	183.07	-1,073	-400.56	-632.73	141.3
Free Cash Flow Margin	2.79%	-25.42%	-10.33%	-18.45%	2.66%
Free Cash Flow Per Share	0.12	-0.67	-0.61	-0.99	0.23
Cash Income Tax Paid	121.94	55.48	118.18	-25.84	169.32
Levered Free Cash Flow	440.93	-2,293	116.01	-1,786	-975.85
Unlevered Free Cash Flow	440.93	-2,224	213.06	-1,686	-887.4
Change in Working Capital	-152.01	-979.86	-46.12	-280.34	664.31

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