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 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	20.79	9.95	132.76	13.57	179.77	112.71
Depreciation & Amortization	18.91	18.91	20.49	21.84	22.26	22.09
Other Amortization	13.98	13.98	6.98	10.24	16.76	19.33
Loss (Gain) From Sale of Assets	-5.54	-5.54	0.21	0	0.1	0.37
Asset Writedown & Restructuring Costs	150.02	150.02	-	-	-	-
Loss (Gain) From Sale of Investments	-55.66	-55.66	-78.65	112.12	-94.76	-15.04
Provision & Write-off of Bad Debts	-	-	0.32	-0.12	-1.01	1.39
Other Operating Activities	-9.07	2.36	-0.06	-0.11	-0.25	1.46
Change in Accounts Receivable	-36.83	-36.83	-3.83	8.03	-8.3	-2.18
Change in Inventory	0.04	0.04	-0.44	0.43	0.15	0
Change in Accounts Payable	-1.25	-1.25	-28.12	-8.58	-34.37	-5.65
Change in Other Net Operating Assets	-	-	-	-	-1.2	-
Operating Cash Flow	68.81	69.4	56.74	113.75	74.88	88.14
Operating Cash Flow Growth	74.77%	22.33%	-50.12%	51.91%	-15.04%	-25.83%
Capital Expenditures	-3.96	-12.73	-12.04	-7.03	-23.22	-9.75
Sale of Property, Plant & Equipment	7.29	7.31	0	0.01	0.02	0
Investment in Securities	-30.12	-62.22	-108.56	30.17	-156.78	-254.77
Other Investing Activities	29.08	23.3	35.11	52.8	130.51	163.4
Investing Cash Flow	2.28	-44.34	-85.49	75.95	-49.48	-101.11
Short-Term Debt Issued	-	-	-	-	-	98
Total Debt Issued	-	-	-	-	-	98
Short-Term Debt Repaid	-	-	-	-	-	-148
Total Debt Repaid	-	-	-	-	-	-148
Net Debt Issued (Repaid)	-	-	-	-	-	-50
Common Dividends Paid	-67.72	-67.72	-86.54	-94.06	-75.25	-1.75
Other Financing Activities	-0.25	-0.25	-	0.22	0.4	-
Financing Cash Flow	-67.97	-67.97	-86.54	-93.84	-74.85	-51.75
Net Cash Flow	3.12	-42.91	-115.29	95.86	-49.44	-64.72
Free Cash Flow	64.85	56.67	44.69	106.72	51.66	78.39
Free Cash Flow Growth	248.57%	26.80%	-58.12%	106.60%	-34.10%	-20.43%
Free Cash Flow Margin	31.51%	27.37%	22.99%	49.19%	22.74%	29.46%
Free Cash Flow Per Share	0.20	0.17	0.12	0.32	0.14	0.21
Cash Income Tax Paid	86.24	72.59	75.5	88.64	112.83	85.77
Levered Free Cash Flow	-55.24	-59.49	35.69	78.76	96.64	237.23
Unlevered Free Cash Flow	-55.24	-59.49	35.69	78.76	96.64	238.29
Change in Working Capital	-64.62	-64.62	-25.3	-43.79	-47.99	-54.17

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