Ningbo Techmation 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	46.42	63.82	63.97	47.72	88.83	61.91
Depreciation & Amortization	33.42	33.42	34.64	33.53	25.56	22.87
Other Amortization	2.81	2.81	1.46	1.27	1.98	2.36
Loss (Gain) From Sale of Assets	0.02	0.02	-0.36	-0.62	0.05	-0
Asset Writedown & Restructuring Costs	0.05	0.05	0.07	0.02	14.04	15.29
Loss (Gain) From Sale of Investments	-1.96	-1.96	-7.86	-13.94	-5.63	-5.28
Provision & Write-off of Bad Debts	2.98	2.98	3.98	2.26	-	2.58
Other Operating Activities	-0.25	25.13	21.28	29.83	27.55	25.94
Change in Accounts Receivable	-31.81	-31.81	-4.5	15.57	63.55	-84.25
Change in Inventory	-38.67	-38.67	39.3	-12.08	-90.96	-60.82
Change in Accounts Payable	42.54	42.54	-17.34	-30.56	-29.97	75.69
Operating Cash Flow	53.33	96.1	134.89	73.17	96.46	54.09
Operating Cash Flow Growth	-25.84%	-28.76%	84.36%	-24.15%	78.32%	-33.30%
Capital Expenditures	-22.2	-16.19	-14.45	-68.29	-172.75	-80.07
Sale of Property, Plant & Equipment	0.23	0.18	0.65	1.36	0.18	0.02
Investment in Securities	-18.78	-20.52	-20.74	23.57	-71.63	-129.22
Other Investing Activities	127.01	9.17	4.53	3.67	137.01	21.37
Investing Cash Flow	86.26	-27.36	-30.01	-39.68	-107.19	-187.9
Long-Term Debt Issued	-	420.75	262.06	661.25	440.63	416.39
Long-Term Debt Repaid	-	-336.73	-355.22	-750.41	-250.84	-242.08
Net Debt Issued (Repaid)	-62.18	84.02	-93.16	-89.16	189.79	174.31
Repurchase of Common Stock	-	-	-	-	-	-16.9
Common Dividends Paid	-31.59	-72.21	-32.65	-54.22	-53.88	-6.84
Other Financing Activities	-21.83	-1.7	-5.55	5.9	-1.16	-18.14
Financing Cash Flow	-115.61	10.11	-131.36	-137.48	134.75	132.43
Foreign Exchange Rate Adjustments	14.06	3.66	6.74	6.5	-3.4	-12.42
Net Cash Flow	38.04	82.51	-19.74	-97.49	120.63	-13.8
Free Cash Flow	31.13	79.91	120.45	4.88	-76.29	-25.97
Free Cash Flow Growth	-47.16%	-33.65%	2368.71%	-	-	-
Free Cash Flow Margin	3.86%	9.48%	16.70%	0.67%	-8.16%	-3.46%
Free Cash Flow Per Share	0.08	0.20	0.30	0.01	-0.19	-0.06
Cash Income Tax Paid	16.14	18.48	21.72	31.69	10.01	11.84
Levered Free Cash Flow	13.72	46.88	49.05	-28.17	-105.9	-67.32
Unlevered Free Cash Flow	21.72	54.89	56.12	-19.45	-99.76	-62.7
Change in Working Capital	-30.16	-30.16	17.73	-26.89	-55.92	-71.57

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