StarPower Semiconductor 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	466.19	507.67	910.53	817.64	398.38	180.68
Depreciation & Amortization	218.72	218.72	109.14	61.33	42.51	33
Loss (Gain) From Sale of Assets	0.14	0.14	-0.03	-0.01	1.57	0.04
Loss (Gain) From Sale of Investments	-4.57	-4.57	-6.73	-19.39	-4.58	-6.58
Provision & Write-off of Bad Debts	12.11	12.11	11.92	10.55	4.24	2.1
Other Operating Activities	-127.4	100.9	49.31	16.8	6.82	2.02
Change in Accounts Receivable	-256.33	-256.33	-311.57	-287.01	-103.13	-328.93
Change in Inventory	-52.91	-52.91	-559.42	-305.97	-142.39	-58.13
Change in Accounts Payable	414.51	414.51	155.77	347.55	139.22	52.48
Change in Other Net Operating Assets	0.81	0.81	8.17	16.35	17.32	-
Operating Cash Flow	692.86	962.64	382.69	668.35	356.71	-125.57
Operating Cash Flow Growth	-15.24%	151.55%	-42.74%	87.37%	-	-
Capital Expenditures	-789.27	-2,003	-2,203	-1,302	-376.25	-89.74
Sale of Property, Plant & Equipment	0.18	0.15	0.06	0.04	0.09	0.15
Investment in Securities	-	27	673	50	-611	-139
Other Investing Activities	10.78	8.21	19.08	27.29	4.12	6.56
Investing Cash Flow	-872.75	-1,968	-1,511	-1,225	-983.04	-222.03
Long-Term Debt Issued	-	754.69	380.96	561.16	265	15.85
Total Debt Issued	832.64	754.69	380.96	561.16	265	15.85
Long-Term Debt Repaid	-	-180.12	-3.64	-0.9	-165.63	-97.07
Total Debt Repaid	-378.44	-180.12	-3.64	-0.9	-165.63	-97.07
Net Debt Issued (Repaid)	454.19	574.57	377.31	560.26	99.37	-81.23
Issuance of Common Stock	9.04	12.39	67.55	23.82	3,478	474.6
Common Dividends Paid	-263.54	-336.46	-275.15	-130.82	-57.25	-41.63
Other Financing Activities	-5.1	-0	-0.01	-0.8	-1.59	-17.31
Financing Cash Flow	194.59	250.5	169.7	452.46	3,519	334.44
Foreign Exchange Rate Adjustments	9.19	-10.29	1.56	0.68	-1.13	-0.59
Net Cash Flow	23.89	-764.83	-956.84	-103.12	2,891	-13.75
Free Cash Flow	-96.42	-1,040	-1,820	-633.58	-19.54	-215.31
Free Cash Flow Margin	-2.43%	-30.69%	-49.69%	-23.42%	-1.15%	-22.36%
Free Cash Flow Per Share	-0.40	-4.34	-7.60	-2.65	-0.09	-0.98
Cash Income Tax Paid	81.4	-149.75	-106.23	216.44	84.6	23.34
Levered Free Cash Flow	-510.89	-1,341	-2,219	-1,021	-110.77	-266.43
Unlevered Free Cash Flow	-510.89	-1,339	-2,218	-1,020	-108.63	-265.94
Change in Working Capital	127.67	127.67	-691.45	-218.56	-92.23	-336.83

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