Hanma Technology Group 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	Dec '20 Dec 31, 2020
Net Income	570.07	157.23	-962.69	-1,494	-1,336	-490.59
Depreciation & Amortization	244.85	244.85	364.3	401.9	424.98	408.96
Other Amortization	56.81	56.81	0.25	0.37	0.39	0.42
Loss (Gain) From Sale of Assets	0.95	0.95	-59.02	1.23	-19.65	1.41
Asset Writedown & Restructuring Costs	108.71	108.71	227.59	152.89	221.36	50.13
Loss (Gain) From Sale of Investments	-1,186	-1,186	-1.21	-113.96	-3.12	-0.49
Provision & Write-off of Bad Debts	352.06	352.06	234.2	490.06	260.21	117.31
Other Operating Activities	-83.23	194.63	112.69	226.9	150.9	87.65
Change in Accounts Receivable	-72.15	-72.15	-80.91	279.36	-54.67	-937.55
Change in Inventory	-36.48	-36.48	111.38	715.6	461	-2.59
Change in Accounts Payable	-705.65	-705.65	36.27	-851.75	273.05	697.24
Change in Other Net Operating Assets	-171.89	-171.89	-115.22	-422.23	-17.34	-8.99
Operating Cash Flow	-915.47	-1,050	-130.01	-614.6	363.18	-75.99
Capital Expenditures	-2.89	-22.81	-270.55	-18.13	-221.89	-444.55
Sale of Property, Plant & Equipment	-0.01	48.73	59.72	31.76	52.09	10.11
Divestitures	-	-	32	-	-	-
Investment in Securities	-0.45	-	-	-	-	-
Other Investing Activities	6	4.33	14.96	17.77	24.28	45.52
Investing Cash Flow	2.65	30.26	-163.87	31.4	-145.51	-388.92
Long-Term Debt Issued	-	1,316	4,515	3,568	3,110	4,619
Long-Term Debt Repaid	-	-2,164	-4,530	-3,190	-3,707	-4,762
Net Debt Issued (Repaid)	-89.17	-848.61	-14.91	377.61	-597.64	-142.63
Issuance of Common Stock	1,765	1,765	-	-	584.96	-
Common Dividends Paid	-	-25.97	-110.77	-102.91	-141.26	-150.75
Other Financing Activities	-290.7	976.78	305.63	-81.34	2.52	898.58
Financing Cash Flow	1,385	1,867	179.96	193.35	-151.43	605.19
Foreign Exchange Rate Adjustments	0.33	0.24	0.88	1.34	-0.24	-0.86
Net Cash Flow	472.8	847.39	-113.05	-388.5	66.01	139.42
Free Cash Flow	-918.35	-1,073	-400.56	-632.73	141.3	-520.54
Free Cash Flow Margin	-16.41%	-25.42%	-10.33%	-18.45%	2.66%	-8.10%
Free Cash Flow Per Share	-0.43	-0.67	-0.61	-0.99	0.23	-0.93
Cash Income Tax Paid	92.65	55.48	118.18	-25.84	169.32	37.09
Levered Free Cash Flow	-1,819	-2,293	116.01	-1,786	-975.85	241.9
Unlevered Free Cash Flow	-1,766	-2,224	213.06	-1,686	-887.4	335.64
Change in Working Capital	-979.86	-979.86	-46.12	-280.34	664.31	-250.79

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