Fujian Longking 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	1,112	830.4	508.97	804.63	860.35
Depreciation & Amortization	530.11	431.75	400.55	368.31	288.6
Other Amortization	19.65	9.27	10.29	12.15	12.55
Loss (Gain) From Sale of Assets	-0.36	-12.29	-8.16	-2.54	-24.65
Asset Writedown & Restructuring Costs	167.75	70.5	383.01	52.91	17.71
Loss (Gain) From Sale of Investments	-68.24	-60.54	-67.36	-64.22	-50.14
Provision & Write-off of Bad Debts	100.71	31.32	82.78	136.96	122.45
Other Operating Activities	136.59	218.95	122.6	360.97	258.96
Change in Accounts Receivable	-1,060	407.81	399.53	-748.97	-296.02
Change in Inventory	296.48	465.75	1,696	1,058	-3.53
Change in Accounts Payable	395.95	-198.69	-1,817	-1,094	52.39
Change in Other Net Operating Assets	39.06	-	-	-	-
Operating Cash Flow	1,618	2,177	1,706	834.55	1,214
Operating Cash Flow Growth	-25.67%	27.58%	104.44%	-31.24%	-42.03%
Capital Expenditures	-1,143	-2,220	-2,304	-645.26	-1,468
Sale of Property, Plant & Equipment	13.82	23.29	12.62	1.68	24.37
Cash Acquisitions	-57.39	-	-	-63.27	-382.57
Divestitures	-	14.61	154.8	-	-
Investment in Securities	-592.31	-748.99	1,400	-54.6	-99.23
Other Investing Activities	33.8	36.01	32.53	714.86	-367.28
Investing Cash Flow	-1,746	-2,895	-704.16	-46.59	-2,293
Long-Term Debt Issued	2,258	3,276	2,667	1,981	2,719
Long-Term Debt Repaid	-1,707	-2,318	-2,558	-2,482	-1,917
Net Debt Issued (Repaid)	550.35	958.76	108.44	-500.76	801.85
Issuance of Common Stock	64.29	-	-	-	-
Repurchase of Common Stock	-	-1	-97.3	-	-
Common Dividends Paid	-497.29	-321.19	-301.33	-389.4	-316.74
Other Financing Activities	-	-40.75	65.05	-146.87	4.44
Financing Cash Flow	117.35	595.82	-225.13	-1,037	489.55
Foreign Exchange Rate Adjustments	-14.18	3.73	8.99	24.32	-0.95
Net Cash Flow	-24.35	-118.66	785.84	-224.75	-590.17
Free Cash Flow	474.57	-43.13	-598.11	189.29	-254.07
Free Cash Flow Margin	4.00%	-0.43%	-5.45%	1.59%	-2.25%
Free Cash Flow Per Share	0.38	-0.04	-0.53	0.16	-0.22
Cash Income Tax Paid	466.18	563.39	614.39	450.23	699.79
Levered Free Cash Flow	-556.59	-739.49	544.8	249.91	-2,406
Unlevered Free Cash Flow	-492	-650.49	669.46	392.61	-2,285
Change in Working Capital	-381.58	655.66	272.33	-835.54	-272.38

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