Anhui Yingjia Distillery 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	2,094	2,589	2,282	1,705	1,387	953.39
Depreciation & Amortization	223.29	223.29	207.68	198.7	198.75	164.48
Other Amortization	11.99	11.99	15.33	16.03	12.93	10.25
Loss (Gain) From Sale of Assets	0.03	0.03	1.87	-1.17	-1.27	-0.08
Asset Writedown & Restructuring Costs	28.06	28.06	9.45	32.59	1.08	1.4
Loss (Gain) From Sale of Investments	-58.03	-58.03	-73.09	-77.41	-85.22	-78.49
Provision & Write-off of Bad Debts	7.79	7.79	-1.2	0.4	0.1	0.57
Other Operating Activities	14.47	5.54	5.19	3.22	7.74	-0.52
Change in Accounts Receivable	-135.4	-135.4	8.64	-40.97	10.71	-43.89
Change in Inventory	-552.18	-552.18	-436.49	-503.39	-480.08	-321.3
Change in Accounts Payable	-198.64	-198.64	220.15	503.82	495.37	-5.56
Operating Cash Flow	1,421	1,907	2,189	1,840	1,525	728.76
Operating Cash Flow Growth	-41.33%	-12.89%	18.98%	20.66%	109.25%	-21.20%
Capital Expenditures	-913.81	-902.66	-578.89	-416.53	-271.31	-208.59
Sale of Property, Plant & Equipment	8.37	4.5	9.69	11.18	16.97	1.87
Cash Acquisitions	-12.72	-144.1	-	-107.41	-5	-
Divestitures	30.7	-	-	-	-	-
Investment in Securities	-1,227	-924.61	376.12	-334.47	-1,141	274.61
Other Investing Activities	65.07	69.43	74.64	80.09	64.59	80.76
Investing Cash Flow	-2,049	-1,897	-118.43	-767.13	-1,335	148.65
Long-Term Debt Issued	-	137.8	33.06	-	-	-
Long-Term Debt Repaid	-	-31.99	-128.67	-0.12	-0.16	-
Net Debt Issued (Repaid)	411.57	105.81	-95.61	-0.12	-0.16	-
Common Dividends Paid	-1,205	-1,040	-880.52	-724.32	-562.88	-560
Other Financing Activities	-2.81	-3.05	-1.05	0.03	-2.65	-0.76
Financing Cash Flow	-796.33	-937.24	-977.18	-724.41	-565.68	-560.76
Net Cash Flow	-1,425	-927.59	1,094	348.43	-376.18	316.65
Free Cash Flow	507.22	1,004	1,610	1,423	1,254	520.17
Free Cash Flow Growth	-69.52%	-37.63%	13.13%	13.55%	141.00%	-16.26%
Free Cash Flow Margin	7.99%	13.68%	23.78%	25.86%	27.23%	15.07%
Free Cash Flow Per Share	0.64	1.26	2.01	1.78	1.56	0.65
Cash Income Tax Paid	2,590	3,036	2,180	1,610	1,246	1,077
Levered Free Cash Flow	288.38	765.09	1,149	1,096	939.69	290.19
Unlevered Free Cash Flow	288.39	765.09	1,149	1,096	939.69	290.19
Change in Working Capital	-900.87	-900.87	-258.31	-37.53	4.16	-322.25

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