Ningbo Techmation 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	36.54	63.82	63.97	47.72	88.83
Depreciation & Amortization	35.04	33.42	34.64	33.53	25.56
Other Amortization	1.67	2.81	1.46	1.27	1.98
Loss (Gain) From Sale of Assets	0.01	0.02	-0.36	-0.62	0.05
Asset Writedown & Restructuring Costs	25.21	0.05	0.07	0.02	14.04
Loss (Gain) From Sale of Investments	-11.18	-1.96	-7.86	-13.94	-5.63
Provision & Write-off of Bad Debts	-	2.98	3.98	2.26	-
Other Operating Activities	19.33	25.13	21.28	29.83	27.55
Change in Accounts Receivable	1.51	-31.81	-4.5	15.57	63.55
Change in Inventory	-19.66	-38.67	39.3	-12.08	-90.96
Change in Accounts Payable	-31.21	42.54	-17.34	-30.56	-29.97
Operating Cash Flow	57.69	96.1	134.89	73.17	96.46
Operating Cash Flow Growth	-39.97%	-28.76%	84.36%	-24.15%	78.32%
Capital Expenditures	-13.86	-16.19	-14.45	-68.29	-172.75
Sale of Property, Plant & Equipment	0.11	0.18	0.65	1.36	0.18
Investment in Securities	89.05	-20.52	-20.74	23.57	-71.63
Other Investing Activities	-26.09	9.17	4.53	3.67	137.01
Investing Cash Flow	49.22	-27.36	-30.01	-39.68	-107.19
Long-Term Debt Issued	244.97	420.75	262.06	661.25	440.63
Long-Term Debt Repaid	-356.57	-336.73	-355.22	-750.41	-250.84
Net Debt Issued (Repaid)	-111.59	84.02	-93.16	-89.16	189.79
Common Dividends Paid	-31.09	-72.21	-32.65	-54.22	-53.88
Other Financing Activities	3.04	-1.7	-5.55	5.9	-1.16
Financing Cash Flow	-139.64	10.11	-131.36	-137.48	134.75
Foreign Exchange Rate Adjustments	3.21	3.66	6.74	6.5	-3.4
Net Cash Flow	-29.52	82.51	-19.74	-97.49	120.63
Free Cash Flow	43.83	79.91	120.45	4.88	-76.29
Free Cash Flow Growth	-45.15%	-33.65%	2368.71%	-	-
Free Cash Flow Margin	5.29%	9.48%	16.70%	0.67%	-8.16%
Free Cash Flow Per Share	0.11	0.20	0.30	0.01	-0.19
Cash Income Tax Paid	22.51	18.48	21.72	31.69	10.01
Levered Free Cash Flow	33.85	46.88	49.05	-28.17	-105.9
Unlevered Free Cash Flow	33.85	54.89	56.12	-19.45	-99.76
Change in Working Capital	-48.93	-30.16	17.73	-26.89	-55.92

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