Xuelong Group Co.,Ltd 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	76.87	60.41	70.59	42.43	128.24	146.11
Depreciation & Amortization	27.64	27.64	27.44	28.85	25.52	20.52
Other Amortization	1.79	1.79	2.62	3.83	4.03	2.88
Loss (Gain) From Sale of Assets	-0.07	-0.07	0	-0.21	-2.39	-0.04
Asset Writedown & Restructuring Costs	1.49	1.49	-	-	1.25	1.62
Loss (Gain) From Sale of Investments	-18.87	-18.87	-15.5	-11.86	-12.17	-7.17
Stock-Based Compensation	-	-	-	0.67	-	-
Provision & Write-off of Bad Debts	0.92	0.92	2.03	0.05	-3.78	9.84
Other Operating Activities	-11.88	1.62	1.17	0.16	0.1	0.94
Change in Accounts Receivable	3.23	3.23	-30.07	76.84	78.77	-149.03
Change in Inventory	3.39	3.39	-2.27	7.1	-19.79	-17.68
Change in Accounts Payable	-2.14	-2.14	15.78	-25.75	-14.88	38.98
Change in Other Net Operating Assets	0.09	0.09	8.54	-	-	-
Operating Cash Flow	83.67	80.7	79.07	123.8	185.03	44.76
Operating Cash Flow Growth	37.16%	2.07%	-36.13%	-33.09%	313.41%	-50.48%
Capital Expenditures	-127.77	-101.67	-6.49	-7.87	-56.96	-35.47
Sale of Property, Plant & Equipment	0.05	0.76	0	0.4	4.41	0.65
Investment in Securities	78.97	95	-35	-65	-120	-310
Other Investing Activities	12.09	13.65	17.28	19.15	8.93	5.99
Investing Cash Flow	-36.66	7.74	-24.2	-53.32	-163.62	-338.83
Issuance of Common Stock	-	-	0.85	10.11	-	449.76
Common Dividends Paid	-21.11	-69.68	-63.31	-62.94	-62.94	-44.96
Other Financing Activities	-3.01	-	-	-	-0.19	-15.56
Financing Cash Flow	-24.13	-69.68	-62.46	-52.83	-63.13	389.25
Foreign Exchange Rate Adjustments	0.06	0.08	0.01	0.33	-0.1	-0.36
Net Cash Flow	22.94	18.85	-7.58	17.98	-41.82	94.82
Free Cash Flow	-44.11	-20.96	72.58	115.93	128.07	9.29
Free Cash Flow Growth	-	-	-37.39%	-9.48%	1278.89%	-58.12%
Free Cash Flow Margin	-10.81%	-5.82%	18.90%	39.84%	27.08%	1.91%
Free Cash Flow Per Share	-0.21	-0.10	0.34	0.55	0.61	0.05
Cash Income Tax Paid	27.06	36.07	28.18	31	69.92	35.71
Levered Free Cash Flow	31.91	-40.12	51.99	118.82	75.37	-16.23
Unlevered Free Cash Flow	31.91	-40.12	51.99	118.82	75.37	-15.86
Change in Working Capital	5.77	5.77	-9.27	59.89	44.25	-129.95

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