Xiamen Faratronic 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	1,192	1,039	1,024	1,007	830.62
Depreciation & Amortization	228.46	214.09	173.24	131.68	91.3
Other Amortization	27.61	17.56	15.61	8.23	4.8
Asset Writedown & Restructuring Costs	0.6	8.65	2.47	2.85	1.62
Loss (Gain) From Sale of Investments	-89.21	-33.78	-78.01	-21.15	-94.03
Provision & Write-off of Bad Debts	-8.28	26.17	5.04	15.99	3
Other Operating Activities	45.69	42.97	54.21	31.66	22.64
Change in Accounts Receivable	-182.22	-713.44	-128.8	-421.24	-106.28
Change in Inventory	-204.97	-162.34	43.08	-148.23	-223.62
Change in Accounts Payable	255.08	818.82	-6.95	391.08	343.44
Change in Other Net Operating Assets	-	-	-0.01	0.01	-
Operating Cash Flow	1,273	1,258	1,125	1,041	907.63
Operating Cash Flow Growth	1.14%	11.86%	8.05%	14.71%	155.82%
Capital Expenditures	-544.57	-390.51	-472.63	-584.41	-302.9
Sale of Property, Plant & Equipment	0.12	0.15	0.62	2.52	1.01
Divestitures	-54.64	-	-	-	-
Investment in Securities	-422.11	-731.93	-125.5	-346.63	-344.96
Other Investing Activities	100.95	20.7	-26.55	8.13	43.44
Investing Cash Flow	-920.25	-1,102	-624.06	-920.39	-603.41
Short-Term Debt Issued	45.7	47.74	10	5.1	39.88
Total Debt Issued	45.7	47.74	10	5.1	39.88
Short-Term Debt Repaid	-	-10	-28.68	-8	-10
Long-Term Debt Repaid	-0.27	-2.2	-0.55	-1.58	-0.73
Total Debt Repaid	-0.27	-12.2	-29.23	-9.58	-10.73
Net Debt Issued (Repaid)	45.43	35.53	-19.23	-4.48	29.15
Common Dividends Paid	-450.28	-453.18	-418.78	-377.75	-296.74
Other Financing Activities	-6	0.5	-	-	-0.1
Financing Cash Flow	-410.85	-417.15	-438.01	-382.23	-267.69
Foreign Exchange Rate Adjustments	2.89	-5.76	2.07	3.69	-3.24
Net Cash Flow	-55.58	-266.16	64.95	-257.76	33.29
Free Cash Flow	728.07	867.83	652.31	456.76	604.73
Free Cash Flow Growth	-16.11%	33.04%	42.81%	-24.47%	171.01%
Free Cash Flow Margin	13.67%	18.19%	16.81%	11.91%	21.52%
Free Cash Flow Per Share	3.24	3.86	2.90	2.03	2.69
Cash Income Tax Paid	269.26	246.06	219.17	206.5	181.86
Levered Free Cash Flow	1,033	-244.02	403.72	2.28	395.95
Unlevered Free Cash Flow	1,035	-242.01	406.71	5.92	398.65
Change in Working Capital	-125.01	-55.23	-71.77	-135.22	48.3

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