Founder 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	472.2	257.39	135.08	-423.54	-1,212
Depreciation & Amortization	273.48	206.92	197.52	369.53	403.11
Other Amortization	63.94	56.08	48.63	44.34	50.12
Loss (Gain) From Sale of Assets	-1.85	-0.79	-1.92	-0.19	-3.73
Asset Writedown & Restructuring Costs	13.82	15.93	29.53	212.19	544.96
Loss (Gain) From Sale of Investments	-21.47	1.41	5.43	-372.67	12.21
Provision & Write-off of Bad Debts	5.22	2.62	-25.2	91.83	69.72
Other Operating Activities	65.17	5.86	34.16	290.11	336.27
Change in Accounts Receivable	-580.56	95.3	229.78	-462.81	498.96
Change in Inventory	-553	-177.89	88.35	76.59	-22.01
Change in Accounts Payable	842.45	-28.31	-271.29	651.27	-657.32
Operating Cash Flow	605.79	440.08	480	478.22	-15.58
Operating Cash Flow Growth	37.66%	-8.32%	0.37%	-	-
Capital Expenditures	-1,681	-1,114	-693.92	-403.22	-320.39
Sale of Property, Plant & Equipment	22.9	60.25	28.65	1.59	0.08
Divestitures	-	-	-	-120.65	-
Other Investing Activities	-97.56	-1.45	-15.91	115.57	95.17
Investing Cash Flow	-1,756	-1,055	-681.18	-406.71	-225.14
Short-Term Debt Issued	329.54	-	-	228.14	-
Long-Term Debt Issued	1,097	960.66	317.6	316.89	413.68
Total Debt Issued	1,427	960.66	317.6	545.04	413.68
Short-Term Debt Repaid	-	-	-	-200	-
Long-Term Debt Repaid	-233.61	-255.9	-412.62	-579.9	-431.36
Total Debt Repaid	-233.61	-255.9	-412.62	-779.9	-431.36
Net Debt Issued (Repaid)	1,193	704.76	-95.02	-234.87	-17.68
Issuance of Common Stock	248.28	-	270.36	540	-
Common Dividends Paid	-37.16	-11.59	-12.11	-54.73	-90.24
Other Financing Activities	-12.84	185.61	43.37	-21.18	129.7
Financing Cash Flow	1,391	878.78	206.61	229.22	21.78
Foreign Exchange Rate Adjustments	-12.63	2.67	-0.49	9.93	-8.26
Net Cash Flow	228.64	266.66	4.93	310.66	-227.2
Free Cash Flow	-1,075	-673.59	-213.92	75	-335.97
Free Cash Flow Margin	-21.77%	-19.35%	-6.79%	1.53%	-6.19%
Free Cash Flow Per Share	-0.25	-0.16	-0.05	0.02	-0.15
Cash Income Tax Paid	26.16	-7.75	-15.99	102.52	34.9
Levered Free Cash Flow	-949.4	-361.05	-299.26	-1,912	-242.87
Unlevered Free Cash Flow	-930.89	-353.41	-290.77	-1,764	-78.37
Change in Working Capital	-264.72	-105.36	56.78	266.62	-216.6

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