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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	-31.97	-41.35	-31.63	7.25	-64.49	2.64
Depreciation & Amortization	54.11	54.11	41.07	43.56	54.3	57.35
Other Amortization	10.22	10.22	7.4	3.94	12.01	10.28
Loss (Gain) From Sale of Assets	-23.74	-23.74	-6.44	-23.45	-8.7	-15.89
Asset Writedown & Restructuring Costs	38.24	38.24	0.02	1.11	1.33	0.64
Loss (Gain) From Sale of Investments	-0.31	-0.31	-11.89	0.24	-0.02	-0.41
Provision & Write-off of Bad Debts	-0.05	-0.05	28.7	7.86	0.11	0.1
Other Operating Activities	18.98	5.61	24.83	11.43	36.45	13.46
Change in Accounts Receivable	-5.67	-5.67	-23.65	-20.97	1.16	-8.75
Change in Inventory	-48.86	-48.86	35.82	12.9	-13.86	17.47
Change in Accounts Payable	8.49	8.49	-70.6	20.82	-65.06	-94.66
Operating Cash Flow	14.79	-7.94	-12.38	69.31	-48.74	-15.47
Capital Expenditures	-1.76	-0.97	-53.67	-48.63	-1.01	-4.48
Sale of Property, Plant & Equipment	39.16	39.4	11.95	12.58	0.72	20.78
Investment in Securities	11.89	11.89	-	-	-	-
Other Investing Activities	-	-	1.54	-	-	-
Investing Cash Flow	49.29	50.32	-40.18	-36.05	-0.29	16.3
Short-Term Debt Issued	-	-	-	-	-	240
Long-Term Debt Issued	-	169.6	247.87	187.7	260.53	-
Total Debt Issued	169.6	169.6	247.87	187.7	260.53	240
Short-Term Debt Repaid	-	-	-	-	-	-274
Long-Term Debt Repaid	-	-185.46	-240.1	-258.98	-249.9	-8.15
Total Debt Repaid	-190.83	-185.46	-240.1	-258.98	-249.9	-282.15
Net Debt Issued (Repaid)	-21.23	-15.86	7.77	-71.28	10.63	-42.15
Common Dividends Paid	-7.34	-7.59	-8.84	-8.72	-9.31	-10.09
Other Financing Activities	-2.97	-1.81	4.2	-6.39	6.2	31.46
Financing Cash Flow	-31.54	-25.26	3.12	-86.38	7.51	-20.78
Net Cash Flow	32.54	17.12	-49.43	-53.12	-41.52	-19.95
Free Cash Flow	13.03	-8.92	-66.05	20.68	-49.75	-19.95
Free Cash Flow Margin	2.76%	-1.89%	-10.70%	3.04%	-7.59%	-2.47%
Free Cash Flow Per Share	0.02	-0.02	-0.12	0.04	-0.09	-0.04
Cash Income Tax Paid	22.79	17.02	34.5	31.36	26.41	46.67
Levered Free Cash Flow	-11.6	-23.28	-99.53	-43.08	-0.65	-18.34
Unlevered Free Cash Flow	-6.21	-17.88	-93.39	-36.78	6.4	-10.89
Change in Working Capital	-50.68	-50.68	-64.45	17.37	-79.72	-83.65

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