Sichuan Furong 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	98.95	159.68	278.44	391.25	293.22	317.67
Depreciation & Amortization	69.21	69.21	38.59	32.06	31.12	26.97
Asset Writedown & Restructuring Costs	-	-	0.1	1.33	-1.3	1.43
Loss (Gain) From Sale of Investments	-6.79	-6.79	-4.21	-1.07	-2.3	-2.88
Provision & Write-off of Bad Debts	2.5	2.5	-4.65	2.36	8.39	6.03
Other Operating Activities	-279.45	15.54	3.82	-5.06	5.99	16.63
Change in Accounts Receivable	-32.89	-32.89	103.46	88.04	-57.21	-164.32
Change in Inventory	42.42	42.42	-142.65	68.62	-74.3	-65.8
Change in Accounts Payable	64.69	64.69	-13.82	47.43	12.31	19.64
Operating Cash Flow	-45.11	310.61	255.86	621.26	215.07	154.42
Operating Cash Flow Growth	-	21.40%	-58.82%	188.87%	39.27%	-30.91%
Capital Expenditures	-233.09	-348.94	-492	-433.75	-44.33	-87.45
Sale of Property, Plant & Equipment	0.01	-	0.13	-	-	0.04
Investment in Securities	71.33	-	4.31	97.14	-36.43	144
Other Investing Activities	4.46	6.79	-	-	-	24.17
Investing Cash Flow	-157.29	-342.15	-487.56	-336.62	-80.76	80.75
Long-Term Debt Issued	-	203.65	199.07	309.07	20	107
Total Debt Issued	553.22	203.65	199.07	309.07	20	107
Long-Term Debt Repaid	-	-35.91	-186.03	-115	-97	-235
Total Debt Repaid	-121.83	-35.91	-186.03	-115	-97	-235
Net Debt Issued (Repaid)	431.39	167.74	13.04	194.07	-77	-128
Issuance of Common Stock	-	-	635.07	-	-	-
Repurchase of Common Stock	-45.08	-45.08	-	-	-	-
Common Dividends Paid	-209.47	-212.04	-216.03	-175.28	-147.21	-100.25
Other Financing Activities	45.08	-	-3.95	-	-	-4.88
Financing Cash Flow	221.91	-89.38	428.13	18.79	-224.21	-233.13
Foreign Exchange Rate Adjustments	7.38	9.35	2.24	12.71	-4.15	-12.71
Net Cash Flow	26.89	-111.57	198.68	316.15	-94.05	-10.67
Free Cash Flow	-278.2	-38.34	-236.14	187.51	170.73	66.97
Free Cash Flow Growth	-	-	-	9.83%	154.94%	-57.35%
Free Cash Flow Margin	-10.81%	-1.60%	-12.37%	8.32%	8.84%	4.05%
Free Cash Flow Per Share	-0.23	-0.04	-0.24	0.19	0.18	0.07
Cash Interest Paid	-	-	-	-	-	4.88
Cash Income Tax Paid	40.25	-6.9	36.34	82.34	55.77	54.92
Levered Free Cash Flow	-420.21	-272.77	-249.62	194.3	59.42	88.21
Unlevered Free Cash Flow	-404.68	-259.84	-246.38	198.55	60.56	91.26
Change in Working Capital	70.46	70.46	-56.24	200.4	-120.04	-211.43

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