Lanpec Technologies 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	49.19	-88.4	-139.62	-184.18	-173.65
Depreciation & Amortization	32.68	44.05	56.63	65.69	70.63
Loss (Gain) From Sale of Assets	-0.27	0.06	-0.31	-0.64	-
Asset Writedown & Restructuring Costs	25.25	25.92	6.28	0.11	0.88
Loss (Gain) From Sale of Investments	-14.06	-1.08	-5.58	47.32	-32.73
Provision & Write-off of Bad Debts	-	-33.78	44.16	77.41	83.71
Other Operating Activities	-4.81	37.72	81.89	57.06	73.19
Change in Accounts Receivable	-129.79	341.95	-6.37	-73.97	53.35
Change in Inventory	-158.66	-31.45	22.1	-78.28	-144.24
Change in Accounts Payable	317.88	-146.99	-4.07	118.15	108.69
Operating Cash Flow	117.59	148.83	54.54	18.95	23.71
Operating Cash Flow Growth	-20.99%	172.86%	187.80%	-20.08%	-5.05%
Capital Expenditures	-15.72	-19.76	-8.5	-4.6	-7.24
Sale of Property, Plant & Equipment	1.89	0.1	0.65	22.41	1.37
Investment in Securities	-	1.2	-	-	0.26
Other Investing Activities	-1.99	66.4	4.7	1.2	0.7
Investing Cash Flow	-15.82	47.94	-3.15	19.01	-4.91
Short-Term Debt Issued	-	-	57	15	19.9
Long-Term Debt Issued	358.7	290	618.62	415	486.68
Total Debt Issued	358.7	290	675.62	430	506.58
Short-Term Debt Repaid	-	-	-57	-15	-15
Long-Term Debt Repaid	-390	-483.06	-638.07	-399.74	-526.49
Total Debt Repaid	-390	-483.06	-695.07	-414.74	-541.49
Net Debt Issued (Repaid)	-31.3	-193.06	-19.44	15.26	-34.92
Common Dividends Paid	-7.39	-13.9	-20.74	-21.33	-22.39
Other Financing Activities	-	-	-0.76	-1.92	-
Financing Cash Flow	-38.7	-206.97	-40.95	-8	-57.31
Foreign Exchange Rate Adjustments	0.11	0.14	-0.68	0.38	-0.37
Net Cash Flow	63.18	-10.06	9.77	30.34	-38.87
Free Cash Flow	101.87	129.06	46.04	14.35	16.48
Free Cash Flow Growth	-21.07%	180.31%	220.79%	-12.88%	3.10%
Free Cash Flow Margin	10.27%	19.11%	4.13%	1.65%	1.98%
Free Cash Flow Per Share	0.29	0.36	0.13	0.04	0.05
Cash Income Tax Paid	56.68	77.6	63.32	27.63	38.76
Levered Free Cash Flow	110.45	135.9	54.28	82.65	43.09
Unlevered Free Cash Flow	110.45	144.49	67.33	95.65	57.68
Change in Working Capital	29.61	164.33	11.09	-43.82	1.69

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