Metro Land Corporation 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	-1,536	-1,055	-659.23	202.27	328.62
Depreciation & Amortization	96.59	43.54	41.07	39.04	34.16
Other Amortization	4.49	0.74	1.33	2.6	3.13
Loss (Gain) From Sale of Assets	-0.8	-0.18	-0.31	-	0.25
Asset Writedown & Restructuring Costs	490.78	567.1	139.02	-0.15	0.18
Loss (Gain) From Sale of Investments	-20.63	-41.77	-189.22	-155.11	-240.57
Provision & Write-off of Bad Debts	-	208.2	80.44	4.85	1.55
Other Operating Activities	813.31	-44.26	-220.79	62.42	125.59
Change in Accounts Receivable	9.67	307.16	14.96	-610.24	-212.64
Change in Inventory	3,922	-6,817	1,907	-7,204	3,343
Change in Accounts Payable	-3,311	473.6	-5,642	-655.51	4,092
Operating Cash Flow	678.83	-6,211	-4,326	-8,354	7,539
Operating Cash Flow Growth	-	-	-	-	-23.61%
Capital Expenditures	-2.79	-2.96	-3.57	-3.08	-7.15
Sale of Property, Plant & Equipment	1.91	0.22	0.07	0	0.02
Investment in Securities	-	-178.23	-30.39	-134.88	134.18
Other Investing Activities	3.66	46.87	6.96	115.89	148.06
Investing Cash Flow	2.78	-184.4	398.03	683.82	1,486
Short-Term Debt Issued	-	-	4,310	-	-
Long-Term Debt Issued	7,325	12,625	13,705	14,488	10,237
Total Debt Issued	7,325	12,625	18,015	14,488	10,237
Long-Term Debt Repaid	-5,363	-9,708	-6,136	-5,989	-19,880
Net Debt Issued (Repaid)	1,962	2,917	11,879	8,498	-9,643
Issuance of Common Stock	1,501	-	-	-	3,000
Common Dividends Paid	-1,505	-2,491	-1,787	-1,666	-1,848
Other Financing Activities	-3,074	-87.71	-89.71	-89.71	-495
Financing Cash Flow	-1,116	338.59	10,002	6,742	-8,986
Foreign Exchange Rate Adjustments	0	-	-	-	0
Net Cash Flow	-434.87	-6,057	6,074	-928.03	38.63
Free Cash Flow	676.04	-6,214	-4,329	-8,357	7,531
Free Cash Flow Growth	-	-	-	-	-23.60%
Free Cash Flow Margin	11.83%	-438.66%	-40.69%	-150.51%	111.32%
Free Cash Flow Per Share	1.11	-10.96	-8.73	-11.28	10.17
Cash Interest Paid	-	116.73	-	-	-
Cash Income Tax Paid	266.22	1,755	1,376	664.98	1,425
Levered Free Cash Flow	1,801	-7,315	-6,614	-9,038	5,569
Unlevered Free Cash Flow	1,801	-7,048	-6,452	-8,879	5,864
Change in Working Capital	830.75	-5,890	-3,518	-8,510	7,286

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