Zhejiang Tion Vanly Tech. 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	183.14	176.73	160.77	126.45	83.3
Depreciation & Amortization	109.46	109.46	115.65	110.57	104.05
Other Amortization	1.87	1.87	1.82	1.75	2.61
Loss (Gain) From Sale of Assets	-1.37	-1.37	-0.07	1.38	-1.38
Asset Writedown & Restructuring Costs	4.4	4.4	11.02	9.5	-0.72
Loss (Gain) From Sale of Investments	0.07	0.07	0.25	0	-
Provision & Write-off of Bad Debts	0.46	0.46	0.36	7.82	7.3
Other Operating Activities	98.8	16.98	22.48	27.35	16.7
Change in Accounts Receivable	-100.71	-100.71	-1.53	-183.93	-158.19
Change in Inventory	7.12	7.12	20.32	-56.28	-42.45
Change in Accounts Payable	-1.27	-1.27	133.54	25.66	69.68
Operating Cash Flow	297.94	209.71	461.74	71.63	82.82
Operating Cash Flow Growth	259.73%	-54.58%	544.62%	-13.51%	-
Capital Expenditures	-305.38	-263.22	-262.72	-243.68	-152.76
Sale of Property, Plant & Equipment	2.54	3.12	9.89	7.3	6.91
Investment in Securities	-	-	-	-1	-
Investing Cash Flow	-302.84	-260.1	-252.83	-237.39	-145.85
Long-Term Debt Issued	-	735.06	722.96	877.45	826.81
Long-Term Debt Repaid	-	-700.19	-856.1	-647.47	-723.33
Net Debt Issued (Repaid)	46.42	34.88	-133.15	229.98	103.48
Common Dividends Paid	-15.35	-15.22	-19.54	-21.92	-53.63
Other Financing Activities	-28.78	3.51	8.36	-55.73	26.31
Financing Cash Flow	2.29	23.16	-144.33	152.33	76.16
Net Cash Flow	-2.61	-27.22	64.59	-13.43	13.13
Free Cash Flow	-7.44	-53.5	199.02	-172.05	-69.94
Free Cash Flow Margin	-0.42%	-3.17%	12.89%	-11.64%	-6.92%
Free Cash Flow Per Share	-0.03	-0.21	0.78	-0.68	-0.28
Cash Income Tax Paid	73.76	77.3	82.81	80.31	43.66
Levered Free Cash Flow	-	-173.17	278.27	-157.53	-
Unlevered Free Cash Flow	-	-162.9	291.27	-143.09	-
Change in Net Working Capital	-	146.14	-300.34	131.71	-

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