Suzhou Huazhijie Telecom 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	162.26	153.5	121.46	100.7
Depreciation & Amortization	21.84	21.84	21.24	19.48
Other Amortization	3.32	3.32	2.44	2.92
Loss (Gain) From Sale of Assets	0	0	0.02	0
Asset Writedown & Restructuring Costs	9.57	9.57	6.15	0.35
Loss (Gain) From Sale of Investments	-0.39	-0.39	-0.4	-0.99
Other Operating Activities	30.25	-8.26	-11.16	-16.29
Change in Accounts Receivable	-141.78	-141.78	-29.36	106.59
Change in Inventory	-102.26	-102.26	-19.57	69.78
Change in Accounts Payable	167.67	167.67	15.94	-100.51
Change in Other Net Operating Assets	1.31	1.31	1.17	0.25
Operating Cash Flow	145.55	98.28	107.18	182.18
Operating Cash Flow Growth	35.79%	-8.30%	-41.17%	-
Capital Expenditures	-60.65	-30.35	-23.36	-36.15
Sale of Property, Plant & Equipment	1.4	1.43	0.08	2.91
Investment in Securities	-169.11	-	48.53	-9
Other Investing Activities	0	0.39	0.4	0.99
Investing Cash Flow	-228.35	-28.53	25.65	-41.26
Long-Term Debt Issued	-	-	-	25.47
Long-Term Debt Repaid	-	-	-	-87.46
Net Debt Issued (Repaid)	20	-	-	-61.99
Common Dividends Paid	-30.62	-	-	-101.06
Other Financing Activities	-121.23	2.63	-27.45	21.45
Financing Cash Flow	365.15	2.63	-27.45	-141.6
Foreign Exchange Rate Adjustments	5.94	5.08	3.88	10.51
Miscellaneous Cash Flow Adjustments	0	0	-0	-0
Net Cash Flow	288.29	77.47	109.26	9.83
Free Cash Flow	84.9	67.94	83.82	146.02
Free Cash Flow Growth	1.29%	-18.95%	-42.60%	-
Free Cash Flow Margin	5.98%	5.52%	8.95%	14.33%
Free Cash Flow Per Share	1.05	0.91	1.12	1.94
Cash Income Tax Paid	-	-25.99	-2.22	-30.5
Levered Free Cash Flow	-	23.48	33.56	-
Unlevered Free Cash Flow	-	23.88	33.96	-
Change in Working Capital	-81.3	-81.3	-32.57	76

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