SDIC Zhonglu Fruit Juice 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	56.92	29.25	58.22	92.11	-19.47	-118.08
Depreciation & Amortization	55.69	55.69	43.44	52.5	54.8	59.02
Other Amortization	0.15	0.15	0.11	0.11	0.11	0.99
Loss (Gain) From Sale of Assets	-0.18	-0.18	-0.39	-0.08	0.49	1.76
Asset Writedown & Restructuring Costs	8.18	8.18	0.17	3.78	4.65	25.38
Loss (Gain) From Sale of Investments	0.12	0.12	8.18	4.66	-1.54	-0.38
Provision & Write-off of Bad Debts	9.43	9.43	2.33	3.38	5.1	19.38
Other Operating Activities	511.64	33.35	36.38	11.74	56.91	68.32
Change in Accounts Receivable	-350.76	-350.76	54.95	162.82	-21.97	170.05
Change in Inventory	-109.14	-109.14	-247.67	-63.47	109.7	-240.96
Change in Accounts Payable	41.31	41.31	-122.66	-4.99	-56.74	-75.3
Operating Cash Flow	223.2	-282.75	-166.18	262.65	131.03	-101.67
Operating Cash Flow Growth	-	-	-	100.45%	-	-
Capital Expenditures	-34.33	-24.55	-16.65	-42.01	-27.51	-60.96
Sale of Property, Plant & Equipment	0.34	0.52	0.56	0.04	0.3	0.13
Other Investing Activities	-1.59	-0.26	-9.55	-4.39	1.56	-
Investing Cash Flow	-35.58	-24.29	-25.63	-46.37	-25.65	-60.83
Long-Term Debt Issued	-	1,583	1,236	1,206	1,308	1,447
Total Debt Issued	1,398	1,583	1,236	1,206	1,308	1,447
Long-Term Debt Repaid	-	-1,230	-1,040	-1,313	-1,444	-1,174
Total Debt Repaid	-1,541	-1,230	-1,040	-1,313	-1,444	-1,174
Net Debt Issued (Repaid)	-143.48	353.28	195.95	-107.6	-136.19	273.06
Common Dividends Paid	-20.31	-27.65	-36.81	-37.52	-31.95	-34.19
Other Financing Activities	-8.69	-35.44	-11.81	-11.56	-13	-13.31
Financing Cash Flow	-172.48	290.19	147.33	-156.69	-181.15	225.57
Foreign Exchange Rate Adjustments	11.97	15.81	-2.86	26.6	-3.09	16.14
Net Cash Flow	27.11	-1.04	-47.34	86.19	-78.85	79.21
Free Cash Flow	188.87	-307.3	-182.83	220.64	103.52	-162.63
Free Cash Flow Growth	-	-	-	113.14%	-	-
Free Cash Flow Margin	8.29%	-15.47%	-12.30%	12.78%	7.14%	-14.17%
Free Cash Flow Per Share	0.72	-1.17	-0.70	0.84	0.40	-0.62
Cash Income Tax Paid	-	-85.01	-53.85	-77.58	-79.11	-93.46
Levered Free Cash Flow	88.04	-357.07	-144.08	94.69	87.42	-111.96
Unlevered Free Cash Flow	110.93	-333.98	-120.14	120.9	112.16	-88.49
Change in Working Capital	-418.76	-418.76	-314.61	94.45	29.99	-158.06

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