Jinling Hotel Corporation 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	99.77	33.26	61.32	41.67	28.04
Depreciation & Amortization	94.66	103.04	122.14	114.52	113.59
Other Amortization	9.95	17.03	3.71	2.57	3.07
Loss (Gain) From Sale of Assets	-0.52	-15.41	-0.02	0.07	0.37
Asset Writedown & Restructuring Costs	16.8	1.86	1.49	0.07	0.02
Loss (Gain) From Sale of Investments	-7	-13.86	-31.51	-27.19	-17.64
Provision & Write-off of Bad Debts	-	2.29	1.47	5.29	1.51
Other Operating Activities	8.7	81.88	104.6	81.85	83.8
Change in Accounts Receivable	51.32	-176.11	132.73	-221.4	-4.15
Change in Inventory	-6.67	-62.42	96.53	-177.33	-28.2
Change in Accounts Payable	-117	154.36	-200.59	181.42	71.77
Operating Cash Flow	151.17	122.81	296.11	-4.28	251.06
Operating Cash Flow Growth	23.09%	-58.52%	-	-	87.17%
Capital Expenditures	-26.76	-16.02	-15.86	-15.23	-49.03
Sale of Property, Plant & Equipment	0.03	0.21	0.28	0.1	0.08
Cash Acquisitions	-	-9.2	-	-	-
Investment in Securities	32	149.56	-44.81	-107.62	-175.69
Other Investing Activities	11.54	22.83	28.37	26.38	16.08
Investing Cash Flow	16.8	147.38	-32.02	-96.37	-208.56
Long-Term Debt Issued	294.9	381.97	484.01	731.78	461
Long-Term Debt Repaid	-260.73	-538.44	-566.15	-758.17	-371.5
Net Debt Issued (Repaid)	34.17	-156.47	-82.13	-26.39	89.5
Common Dividends Paid	-32.54	-55.94	-50.65	-39.92	-23.51
Other Financing Activities	-50.17	-26.59	-20.55	-24.86	-23.08
Financing Cash Flow	-48.54	-238.99	-153.34	-91.18	42.92
Foreign Exchange Rate Adjustments	-0.09	0.06	0.06	0.32	0.07
Net Cash Flow	119.34	31.26	110.81	-191.51	85.49
Free Cash Flow	124.4	106.79	280.25	-19.51	202.03
Free Cash Flow Growth	16.50%	-61.90%	-	-	59.11%
Free Cash Flow Margin	6.83%	5.71%	15.28%	-1.38%	14.70%
Free Cash Flow Per Share	0.32	0.27	0.72	-0.05	0.52
Cash Income Tax Paid	88.2	107.14	93.15	78.35	89.04
Levered Free Cash Flow	102.53	-25.98	-41.12	140.81	480.4
Unlevered Free Cash Flow	102.53	-15.51	-25.68	155.73	495.79
Change in Working Capital	-71.21	-87.27	32.9	-223.13	38.29

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