Nanjing Huamai Technology 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	-13.62	14.57	-84.2	-95.47	8.41	31.77
Depreciation & Amortization	50.08	50.08	53.36	56.87	56.93	53.06
Other Amortization	2.6	2.6	0.97	1.43	1.55	3.08
Loss (Gain) From Sale of Assets	0.1	0.1	0.46	-0.07	0.26	0.23
Asset Writedown & Restructuring Costs	-50.8	-50.8	3.51	6.48	4.03	-0.01
Loss (Gain) From Sale of Investments	26.97	26.97	-2.85	-2.48	-0.31	-14.6
Provision & Write-off of Bad Debts	-3.86	-3.86	8.88	51.22	17.03	-0.16
Other Operating Activities	-14	5.62	26.26	8.88	-14.95	15.37
Change in Accounts Receivable	37.6	37.6	19.21	217.34	-113.17	47.01
Change in Inventory	39.42	39.42	14.42	15.31	-13.25	9.5
Change in Accounts Payable	-95.09	-95.09	42.21	-169.74	9.08	-65.16
Change in Other Net Operating Assets	-	-	-4.35	4.35	-	-
Operating Cash Flow	-11.87	35.93	77.26	75.68	-58.23	70.1
Operating Cash Flow Growth	-	-53.49%	2.09%	-	-	62.72%
Capital Expenditures	-10.8	-11.27	-16.56	-17.16	-46.67	-49.31
Sale of Property, Plant & Equipment	-1.73	0.54	45.94	0.47	2.76	6.08
Divestitures	0.59	-0.01	0.2	1.95	-	105.71
Investment in Securities	-62.25	70	2.5	-20	25	-1.4
Other Investing Activities	1.09	2.02	2.61	2.08	0.51	-
Investing Cash Flow	-73.09	61.29	34.69	-32.67	-18.39	61.08
Long-Term Debt Issued	-	232.72	234.65	200.51	328.51	509.81
Total Debt Issued	183.44	232.72	234.65	200.51	328.51	509.81
Long-Term Debt Repaid	-	-279.36	-342.62	-354.92	-390.91	-570.86
Total Debt Repaid	-230.59	-279.36	-342.62	-354.92	-390.91	-570.86
Net Debt Issued (Repaid)	-47.15	-46.64	-107.97	-154.41	-62.4	-61.05
Issuance of Common Stock	-	-	-	-	247.39	-
Common Dividends Paid	-3.9	-5.59	-11	-17.28	-28.5	-38.79
Other Financing Activities	92.8	26.05	0.19	78.66	6.54	-7.88
Financing Cash Flow	41.75	-26.18	-118.78	-93.03	163.03	-107.72
Foreign Exchange Rate Adjustments	0.73	1.14	-1.15	3.09	-0.77	-4.59
Net Cash Flow	-42.49	72.18	-7.98	-46.93	85.64	18.86
Free Cash Flow	-22.67	24.66	60.7	58.51	-104.9	20.79
Free Cash Flow Growth	-	-59.37%	3.74%	-	-	-
Free Cash Flow Margin	-2.59%	2.72%	6.46%	5.35%	-8.86%	1.79%
Free Cash Flow Per Share	-0.14	0.15	0.38	0.36	-0.71	0.15
Cash Interest Paid	0.12	0.12	-	-	-	-
Cash Income Tax Paid	23.27	18.29	28.64	6.29	16.21	13.32
Levered Free Cash Flow	83.73	93.92	83.22	58.55	-55.96	49.05
Unlevered Free Cash Flow	84.71	98.28	89.63	68.27	-42.52	67.62
Change in Working Capital	-9.35	-9.35	70.87	48.82	-131.18	-18.64

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