Hla Group Corp. 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	2,166	2,159	2,952	2,155	2,491
Depreciation & Amortization	1,394	1,305	1,232	1,120	967.96
Other Amortization	322.42	291.69	244.12	240.7	390.88
Loss (Gain) From Sale of Assets	-6.74	19.7	-1.46	-1.13	-9.76
Asset Writedown & Restructuring Costs	71.07	75.84	119.33	88.82	130.77
Loss (Gain) From Sale of Investments	-24.82	-158.18	-183.06	19.45	-56.98
Provision & Write-off of Bad Debts	10.06	9.39	-8.68	7.1	4.58
Other Operating Activities	543.18	622.33	540.04	583.67	555.68
Change in Accounts Receivable	-446.02	139.28	-630.53	-942.91	-1,068
Change in Inventory	1,086	-2,875	411.74	-1,276	-838.78
Change in Accounts Payable	-622.72	848.56	623.84	1,175	1,879
Operating Cash Flow	4,482	2,317	5,230	3,137	4,361
Operating Cash Flow Growth	93.46%	-55.70%	66.71%	-28.06%	54.09%
Capital Expenditures	-429.93	-487.76	-629.96	-390.91	-510.67
Sale of Property, Plant & Equipment	1.06	0.6	1.02	-	2.16
Cash Acquisitions	-	-402.99	0.66	-0.38	-168.17
Divestitures	-	-	283.67	1.83	23
Investment in Securities	-2,173	-1,618	-431.89	-153.13	-57.35
Other Investing Activities	25.27	11.49	-	-0.74	34.91
Investing Cash Flow	-2,577	-2,496	-776.5	-543.33	-676.12
Long-Term Debt Repaid	-1,159	-1,147	-861.78	-712.99	-547.6
Net Debt Issued (Repaid)	-1,159	-1,147	-861.78	-712.99	-547.6
Common Dividends Paid	-864.5	-3,794	-1,896	-2,232	-1,129
Other Financing Activities	207.03	93.5	-440.73	-34.67	-
Financing Cash Flow	-1,817	-4,847	-3,198	-2,979	-1,677
Foreign Exchange Rate Adjustments	-3.84	3.42	-5.98	5.79	-4.32
Net Cash Flow	84.86	-5,023	1,250	-379.48	2,004
Free Cash Flow	4,053	1,829	4,601	2,747	3,851
Free Cash Flow Growth	121.54%	-60.24%	67.50%	-28.67%	48.59%
Free Cash Flow Margin	18.74%	8.73%	21.37%	14.80%	19.07%
Free Cash Flow Per Share	0.84	0.39	1.00	0.61	0.85
Cash Income Tax Paid	1,717	1,421	2,072	1,935	1,595
Levered Free Cash Flow	3,982	905.79	1,870	2,418	3,432
Unlevered Free Cash Flow	4,020	944.98	2,009	2,574	3,561
Change in Working Capital	7.08	-2,007	335.99	-1,076	-113.14

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