Leysen Jewellery 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	61.04	-184.34	-76.2	-38.26	38.45
Depreciation & Amortization	42.8	61.51	70.71	88.83	82.85
Other Amortization	11.37	17.14	17.65	28.05	30.25
Loss (Gain) From Sale of Assets	0.08	-1.23	-1.16	-0.93	-0.18
Asset Writedown & Restructuring Costs	31.25	27.81	0.55	1.04	28.74
Loss (Gain) From Sale of Investments	-5.11	-8.83	-2.1	-8.92	-12.21
Provision & Write-off of Bad Debts	-	3.01	-0.09	-4.62	1.28
Other Operating Activities	7.4	37.21	23.6	10.31	8.42
Change in Accounts Receivable	-25.51	-37.71	18.01	39.71	6.08
Change in Inventory	62.83	-212.31	-94.25	102.5	-143.22
Change in Accounts Payable	-86.85	95.22	-25.35	29.9	-77.57
Operating Cash Flow	101.96	-208.44	-89.13	220.03	-44.1
Capital Expenditures	-22.8	-16.35	-13.48	-26.76	-39.58
Sale of Property, Plant & Equipment	0.23	0.23	0.25	0.2	0.09
Investment in Securities	20	250	10	40.66	229.34
Other Investing Activities	1.43	1.87	3.38	9.36	15.02
Investing Cash Flow	-1.14	235.75	0.15	23.46	204.88
Long-Term Debt Issued	-	29.99	-	-	-
Total Debt Issued	-	29.99	-	-	-
Long-Term Debt Repaid	-	-82.48	-67.86	-77.66	-81.95
Total Debt Repaid	-	-82.48	-67.86	-77.66	-81.95
Net Debt Issued (Repaid)	-	-52.49	-67.86	-77.66	-81.95
Issuance of Common Stock	-	-	15.48	-	-
Repurchase of Common Stock	-	-6.98	-	-	-
Common Dividends Paid	-35.73	-34.01	-	-49.58	-86.32
Other Financing Activities	-40.93	-1.72	-0.1	-	-
Financing Cash Flow	-76.65	-95.19	-52.48	-127.24	-168.27
Foreign Exchange Rate Adjustments	0.02	-0.03	0.07	0.07	-0.5
Net Cash Flow	24.18	-67.91	-141.39	116.32	-7.98
Free Cash Flow	79.16	-224.79	-102.61	193.28	-83.68
Free Cash Flow Margin	5.18%	-18.39%	-14.00%	21.18%	-6.32%
Free Cash Flow Per Share	0.23	-0.65	-0.30	0.56	-0.24
Cash Interest Paid	-	1.72	0.1	-	-
Cash Income Tax Paid	109.85	50.18	45.14	85.26	151.53
Levered Free Cash Flow	52.71	-163.68	-72.1	165.74	-93.38
Unlevered Free Cash Flow	52.71	-160.88	-70.06	168.9	-89.56
Change in Working Capital	-46.87	-160.73	-122.09	144.54	-221.7

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.