Shandong Linglong Tyre 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	1,208	1,752	1,391	291.62	788.71	2,220
Depreciation & Amortization	1,588	1,588	1,365	1,258	1,192	1,158
Other Amortization	32.28	32.28	0.57	0.49	1.04	4.13
Loss (Gain) From Sale of Assets	3	3	22.26	10.91	-27.14	10.1
Loss (Gain) From Sale of Investments	4.04	4.04	-23.86	-28.85	-22.46	-60.82
Stock-Based Compensation	-	-	-	-23.27	83.13	93.33
Provision & Write-off of Bad Debts	0.31	0.31	31.35	-8.75	18	27.8
Other Operating Activities	1,121	611.1	379.12	420.37	421.13	415.63
Change in Accounts Receivable	-972.58	-972.58	-1,274	-96.28	-1,477	-1,386
Change in Inventory	-1,427	-1,427	-641.51	-226.65	-1,950	-284.42
Change in Accounts Payable	329.82	329.82	-57.93	-1,232	1,603	2,047
Change in Other Net Operating Assets	-	-	-	-	-	1.32
Operating Cash Flow	1,902	1,937	1,199	146.25	489.98	4,292
Operating Cash Flow Growth	-16.90%	61.62%	719.54%	-70.15%	-88.58%	53.28%
Capital Expenditures	-1,955	-2,443	-3,124	-3,522	-4,889	-2,449
Sale of Property, Plant & Equipment	6.48	10.21	51.9	41.15	105.26	23.12
Investment in Securities	-324.22	-521.69	30.07	-67.54	-199.21	12.22
Other Investing Activities	-41.84	4.89	-84.39	-243.76	-14.94	6.36
Investing Cash Flow	-2,315	-2,949	-3,126	-3,792	-4,998	-2,408
Long-Term Debt Issued	-	15,266	13,349	10,659	8,416	5,200
Long-Term Debt Repaid	-	-13,073	-10,106	-8,350	-5,218	-7,896
Net Debt Issued (Repaid)	269.94	2,193	3,243	2,309	3,198	-2,696
Issuance of Common Stock	2.97	-	-	2,385	-	1,979
Repurchase of Common Stock	-	-	-117.08	-216.5	-4.36	-2.63
Common Dividends Paid	-716.68	-1,276	-384.92	-401.32	-802.84	-715.41
Other Financing Activities	145.29	178.33	-277.36	-10.95	384.36	154.94
Financing Cash Flow	-298.48	1,096	2,463	4,065	2,775	-1,280
Foreign Exchange Rate Adjustments	115	22.73	170.41	91.87	-277.42	-66.55
Net Cash Flow	-595.63	106.27	705.72	511.13	-2,010	537.08
Free Cash Flow	-52.57	-505.42	-1,926	-3,376	-4,399	1,842
Free Cash Flow Growth	-	-	-	-	-	962.86%
Free Cash Flow Margin	-0.22%	-2.29%	-9.55%	-19.85%	-23.68%	10.02%
Free Cash Flow Per Share	-0.04	-0.35	-1.31	-2.31	-3.23	1.47
Cash Income Tax Paid	212.47	-209.71	0.44	-938.2	48.75	127.83
Levered Free Cash Flow	2,571	142.79	-914.84	-3,315	-3,472	1,652
Unlevered Free Cash Flow	2,756	324.63	-744.72	-3,211	-3,362	1,819
Change in Working Capital	-2,054	-2,054	-1,967	-1,774	-1,965	422.83

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.