Nanning Department Store Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-36.97	-31.63	7.25	-64.49	2.64	-130.25
Depreciation & Amortization	40.38	40.38	43.56	54.3	57.35	45.76
Other Amortization	8.09	8.09	3.94	12.01	10.28	29.93
Loss (Gain) From Sale of Assets	-6.44	-6.44	-23.45	-8.7	-15.89	-0.11
Asset Writedown & Restructuring Costs	0.02	0.02	1.11	1.33	0.64	71.84
Loss (Gain) From Sale of Investments	-11.89	-11.89	0.24	-0.02	-0.41	-0.39
Provision & Write-off of Bad Debts	28.7	28.7	7.86	0.11	0.1	0.06
Other Operating Activities	56.45	24.83	11.43	36.45	13.46	20.49
Change in Accounts Receivable	-23.65	-23.65	-20.97	1.16	-8.75	20.12
Change in Inventory	35.82	35.82	12.9	-13.86	17.47	-3.18
Change in Accounts Payable	-70.6	-70.6	20.82	-65.06	-94.66	-18.96
Operating Cash Flow	13.9	-12.38	69.31	-48.74	-15.47	17.93
Operating Cash Flow Growth	-	-	-	-	-	-40.68%
Capital Expenditures	-11.02	-53.67	-48.63	-1.01	-4.48	-26.07
Sale of Property, Plant & Equipment	0.29	11.95	12.58	0.72	20.78	0.58
Other Investing Activities	11.89	1.54	-	-	-	-
Investing Cash Flow	1.17	-40.18	-36.05	-0.29	16.3	-25.49
Short-Term Debt Issued	-	-	-	-	240	275
Long-Term Debt Issued	-	247.87	187.7	260.53	-	-
Total Debt Issued	257.64	247.87	187.7	260.53	240	275
Short-Term Debt Repaid	-	-	-	-	-274	-221
Long-Term Debt Repaid	-	-240.1	-258.98	-249.9	-8.15	-
Total Debt Repaid	-241.66	-240.1	-258.98	-249.9	-282.15	-221
Net Debt Issued (Repaid)	15.99	7.77	-71.28	10.63	-42.15	54
Common Dividends Paid	-8.2	-8.84	-8.72	-9.31	-10.09	-13.92
Other Financing Activities	-10.89	4.2	-6.39	6.2	31.46	-11.32
Financing Cash Flow	-3.1	3.12	-86.38	7.51	-20.78	28.75
Net Cash Flow	11.97	-49.43	-53.12	-41.52	-19.95	21.19
Free Cash Flow	2.89	-66.05	20.68	-49.75	-19.95	-8.14
Free Cash Flow Margin	0.50%	-10.70%	3.04%	-7.59%	-2.47%	-1.04%
Free Cash Flow Per Share	0.01	-0.12	0.04	-0.09	-0.04	-0.01
Cash Income Tax Paid	27.53	34.5	31.36	26.41	46.67	44.83
Levered Free Cash Flow	-63.01	-99.57	-43.08	-0.65	-18.34	5.05
Unlevered Free Cash Flow	-57.53	-93.43	-36.78	6.4	-10.89	12.79
Change in Working Capital	-64.45	-64.45	17.37	-79.72	-83.65	-19.41

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