RoadMainT Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	45.6	44.62	51.57	38.45	37.78
Depreciation & Amortization	12.81	14.7	10.79	10.43	10.57
Other Amortization	0.07	-	-	-	-
Loss (Gain) From Sale of Assets	-	0.04	-0	0	0.02
Asset Writedown & Restructuring Costs	0.2	-	-	0.56	0.57
Loss (Gain) From Sale of Investments	-	-	-0.23	-0.19	-0.13
Provision & Write-off of Bad Debts	8.55	9.24	7.81	6.07	4.65
Other Operating Activities	0.01	-0.94	-0.2	-0.18	-1.13
Change in Accounts Receivable	-16.11	-39.03	-38.17	-49.86	2.77
Change in Inventory	-15.86	1.73	3.55	4.2	-4.14
Change in Accounts Payable	42.6	22.47	28.31	31.12	-14.1
Operating Cash Flow	76.21	50.97	61.84	39.42	36.16
Operating Cash Flow Growth	49.50%	-17.57%	56.87%	9.03%	-0.11%
Capital Expenditures	-1.12	-7.62	-25.47	-23.37	-85.25
Sale of Property, Plant & Equipment	0.04	0.01	0.01	-	-
Investment in Securities	-	0.3	7.5	-	-
Other Investing Activities	-	0.96	-	0.06	0.05
Investing Cash Flow	-1.08	-6.35	-17.97	-23.31	-85.2
Short-Term Debt Issued	-	-	-	-	2
Long-Term Debt Issued	-	-	0.57	0.15	-
Total Debt Issued	-	-	0.57	0.15	2
Short-Term Debt Repaid	-	-	-	-2	-2.34
Long-Term Debt Repaid	-	-	-0.78	-0.49	-
Total Debt Repaid	-	-	-0.78	-2.49	-2.34
Net Debt Issued (Repaid)	-	-	-0.21	-2.34	-0.34
Common Dividends Paid	-11.16	-10.32	-7.71	-7.62	-7.01
Other Financing Activities	-0	-0.39	-0.01	-0.01	0.15
Financing Cash Flow	-11.16	-10.7	-7.92	-9.96	-7.2
Net Cash Flow	63.97	33.92	35.95	6.14	-56.24
Free Cash Flow	75.09	43.35	36.36	16.05	-49.1
Free Cash Flow Growth	73.21%	19.21%	126.62%	-	-
Free Cash Flow Margin	27.36%	16.68%	13.96%	7.14%	-24.15%
Free Cash Flow Per Share	1.12	0.65	0.54	0.24	-0.74
Cash Interest Paid	-	-	-	-	0.08
Cash Income Tax Paid	25.05	26.79	21.48	22.32	12.25
Levered Free Cash Flow	62.35	25.01	23.44	16.2	-65.98
Unlevered Free Cash Flow	62.36	25.01	23.48	16.26	-65.93
Change in Working Capital	8.97	-16.69	-7.91	-15.72	-16.19

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