Ningbo Fuda Company 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	134.39	209.82	230.15	244.09	360.6
Depreciation & Amortization	138.05	140.81	148.26	132.69	130.54
Other Amortization	6.35	7.9	9.06	9.35	8.6
Loss (Gain) From Sale of Assets	-0.09	-0.05	-0.17	-0	-84.28
Asset Writedown & Restructuring Costs	60.54	-0.01	0.02	-0.01	0.03
Loss (Gain) From Sale of Investments	-39.25	-44.02	-30.06	-11.13	-22.93
Provision & Write-off of Bad Debts	-	2.73	1.11	2.67	0.95
Other Operating Activities	13.58	13.27	17.53	50.1	115.99
Change in Accounts Receivable	111.95	-40.68	29.64	-116.29	1.61
Change in Inventory	-9.37	85.02	-88.39	-25.81	-36.2
Change in Accounts Payable	-58.42	-77.72	106.31	-45.92	-102.57
Change in Other Net Operating Assets	1.07	-0.79	2.67	0.18	-0.85
Operating Cash Flow	367.44	301.41	413.85	239.95	368.69
Operating Cash Flow Growth	21.91%	-27.17%	72.47%	-34.92%	-51.73%
Capital Expenditures	-67.63	-46.6	-103.86	-223.67	-146.16
Sale of Property, Plant & Equipment	0.15	0.16	0.2	0.12	0.08
Cash Acquisitions	-	-	-	-	-7.04
Divestitures	-	1.21	-	-	-
Investment in Securities	20.47	-1,463	3.25	503.25	-499.59
Other Investing Activities	1.05	5.97	4.06	17.8	11.39
Investing Cash Flow	-45.96	-1,502	-96.36	297.49	-641.31
Long-Term Debt Issued	531.83	654	617	321	125
Long-Term Debt Repaid	-576.74	-512.71	-312.44	-99.53	-82.47
Net Debt Issued (Repaid)	-44.91	141.29	304.56	221.47	42.53
Common Dividends Paid	-214.89	-234.15	-239.25	-370.08	-320.94
Other Financing Activities	-7.27	-37.41	-38.12	-86.42	-38.73
Financing Cash Flow	-267.07	-130.28	27.18	-235.02	-317.14
Net Cash Flow	54.41	-1,331	344.67	302.43	-589.76
Free Cash Flow	299.81	254.81	309.99	16.28	222.53
Free Cash Flow Growth	17.66%	-17.80%	1804.08%	-92.68%	-64.92%
Free Cash Flow Margin	20.29%	14.98%	9.79%	0.50%	9.51%
Free Cash Flow Per Share	0.21	0.18	0.21	0.01	0.15
Cash Interest Paid	-	-	-	-	1.14
Cash Income Tax Paid	193.06	184.05	187.86	250.87	222.75
Levered Free Cash Flow	-	531.01	192.71	-33.28	166.45
Unlevered Free Cash Flow	-	542.06	207.7	-31.21	167.1
Change in Working Capital	53.87	-29.03	37.94	-187.8	-140.82

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