Baida Group Co.,Ltd 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	25.19	132.76	13.57	179.77	112.71	302.76
Depreciation & Amortization	20.49	20.49	21.84	22.26	22.09	21.72
Other Amortization	6.98	6.98	10.24	16.76	19.33	21.23
Loss (Gain) From Sale of Assets	0.21	0.21	0	0.1	0.37	0.29
Loss (Gain) From Sale of Investments	-78.65	-78.65	112.12	-94.76	-15.04	-275.62
Provision & Write-off of Bad Debts	0.32	0.32	-0.12	-1.01	1.39	0.59
Other Operating Activities	97.36	-0.06	-0.11	-0.25	1.46	0.94
Change in Accounts Receivable	-3.83	-3.83	8.03	-8.3	-2.18	-4.91
Change in Inventory	-0.44	-0.44	0.43	0.15	0	-0.49
Change in Accounts Payable	-28.12	-28.12	-8.58	-34.37	-5.65	9.43
Change in Other Net Operating Assets	-	-	-	-1.2	-	-
Operating Cash Flow	46.58	56.74	113.75	74.88	88.14	118.83
Operating Cash Flow Growth	-42.73%	-50.12%	51.91%	-15.04%	-25.83%	-24.96%
Capital Expenditures	-20.62	-12.04	-7.03	-23.22	-9.75	-20.31
Sale of Property, Plant & Equipment	0.11	0	0.01	0.02	0	0.13
Investment in Securities	89.65	-108.56	30.17	-156.78	-254.77	-168.42
Other Investing Activities	-12.97	35.11	52.8	130.51	163.4	114.48
Investing Cash Flow	56.17	-85.49	75.95	-49.48	-101.11	-74.12
Short-Term Debt Issued	-	-	-	-	98	50
Total Debt Issued	-	-	-	-	98	50
Short-Term Debt Repaid	-	-	-	-	-148	-
Total Debt Repaid	-	-	-	-	-148	-
Net Debt Issued (Repaid)	-	-	-	-	-50	50
Common Dividends Paid	-67.72	-86.54	-94.06	-75.25	-1.75	-46.05
Other Financing Activities	-	-	0.22	0.4	-	0.5
Financing Cash Flow	-67.72	-86.54	-93.84	-74.85	-51.75	4.45
Net Cash Flow	35.03	-115.29	95.86	-49.44	-64.72	49.16
Free Cash Flow	25.96	44.69	106.72	51.66	78.39	98.52
Free Cash Flow Growth	-65.90%	-58.12%	106.60%	-34.10%	-20.43%	-8.25%
Free Cash Flow Margin	14.06%	22.99%	49.19%	22.74%	29.46%	40.37%
Free Cash Flow Per Share	0.07	0.12	0.32	0.14	0.21	0.26
Cash Income Tax Paid	79	75.5	88.64	112.83	85.77	69.21
Levered Free Cash Flow	13.45	35.69	78.76	96.64	237.23	-111.65
Unlevered Free Cash Flow	13.45	35.69	78.76	96.64	238.29	-111.05
Change in Working Capital	-25.3	-25.3	-43.79	-47.99	-54.17	46.92

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