HNA Technology 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	102.85	124.47	241.73	194.75	3,080
Depreciation & Amortization	80.8	140.76	98.98	24.89	1,342
Other Amortization	19.51	10.97	4.45	2.07	5.07
Loss (Gain) From Sale of Assets	0.02	-	-	-	2.7
Asset Writedown & Restructuring Costs	25.07	28.39	-	0.13	-
Loss (Gain) From Sale of Investments	-65.34	-85.29	-254.8	-147.06	-393.5
Provision & Write-off of Bad Debts	-	-0	-0.05	-0.18	110.7
Other Operating Activities	13.63	-9.21	3.9	15.84	-37.78
Change in Accounts Receivable	-179.37	-39.58	-455.91	-27.23	5,690
Change in Inventory	-14.75	-46.07	-92.72	-23.91	-1,407
Change in Accounts Payable	-198.48	-586.92	-1,867	-123.55	-11,373
Operating Cash Flow	-217.35	-464.17	-2,322	-84.29	-3,050
Capital Expenditures	-441.91	-43.51	-40.36	-845.32	-758.19
Sale of Property, Plant & Equipment	0.01	-	-	-	4.82
Cash Acquisitions	-	-	-	-	-2,038
Divestitures	-	-	-	2,136	-
Other Investing Activities	147.38	-990.63	8.69	-830	336.07
Investing Cash Flow	-294.52	-1,034	-31.67	460.41	-2,455
Short-Term Debt Issued	-	446.96	-	135.57	-
Long-Term Debt Issued	1,441	-	-	-	56,448
Total Debt Issued	1,441	446.96	-	135.57	56,448
Short-Term Debt Repaid	-	-105.3	-	-963.75	-
Long-Term Debt Repaid	-972.81	-77.07	-32.42	-1.23	-50,260
Total Debt Repaid	-972.81	-182.37	-32.42	-964.99	-50,260
Net Debt Issued (Repaid)	468.5	264.59	-32.42	-829.42	6,188
Common Dividends Paid	-5.89	-3	-	-76.19	-472.9
Other Financing Activities	-143.18	-40	2	-816.74	-2,714
Financing Cash Flow	319.44	221.59	-30.42	-1,722	3,001
Foreign Exchange Rate Adjustments	-6.91	8.69	-0.3	-38.46	-185.94
Net Cash Flow	-199.34	-1,268	-2,384	-1,385	-2,691
Free Cash Flow	-659.26	-507.68	-2,362	-929.61	-3,808
Free Cash Flow Margin	-42.78%	-45.46%	-363.04%	-632.69%	-2.22%
Free Cash Flow Per Share	-0.23	-0.16	-0.78	-0.33	-1.31
Cash Income Tax Paid	2.61	4.16	3.06	5.97	3,483
Levered Free Cash Flow	-722.1	-311.26	-3,010	-1,306	18,973
Unlevered Free Cash Flow	-722.1	-284.36	-2,977	-1,301	19,610
Change in Working Capital	-393.89	-674.25	-2,416	-174.72	-7,160

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