Longyan Kaolin Clay Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	114.7	121.32	127.96	115.76	102.86	84.48
Depreciation & Amortization	35.99	35.99	35.8	30.17	27.31	26.45
Other Amortization	1.65	1.65	2.84	3.8	3.24	1.57
Loss (Gain) From Sale of Assets	0.02	0.02	0.14	0.39	0.37	0.07
Asset Writedown & Restructuring Costs	-	-	-	-	1.6	-
Loss (Gain) From Sale of Investments	-31.03	-31.03	-19.86	-7.49	-6.85	-7.79
Provision & Write-off of Bad Debts	0	0	-0	0	-	0
Other Operating Activities	-7.33	0.39	0.16	0.34	-	0.26
Change in Accounts Receivable	-0.37	-0.37	7.24	3.09	-8.69	10
Change in Inventory	-3.88	-3.88	1.03	4.96	-1.39	-4.43
Change in Accounts Payable	-5.43	-5.43	-0.9	3.11	-2.81	10.07
Operating Cash Flow	105.7	120.04	153.49	155.82	115.04	123.05
Operating Cash Flow Growth	-24.77%	-21.79%	-1.50%	35.45%	-6.51%	13.70%
Capital Expenditures	-6.12	-13.77	-19.59	-69.14	-38.92	-34.83
Sale of Property, Plant & Equipment	0	0	0.01	0.1	0.03	0.01
Investment in Securities	-33.72	-33.72	-352	-83	222	-428
Other Investing Activities	9.18	9.78	14.77	1.62	7.39	2.35
Investing Cash Flow	-30.66	-37.71	-356.82	-150.42	190.49	-460.47
Issuance of Common Stock	3.3	3.3	-	-	-	411.52
Common Dividends Paid	-33.69	-33.69	-80.56	-42.24	-42.24	-
Other Financing Activities	-3.3	-	-	-	-	-27.66
Financing Cash Flow	-33.69	-30.39	-80.56	-42.24	-42.24	383.86
Net Cash Flow	41.35	51.95	-283.89	-36.84	263.29	46.44
Free Cash Flow	99.58	106.27	133.89	86.69	76.11	88.22
Free Cash Flow Growth	-20.35%	-20.63%	54.46%	13.89%	-13.72%	250.01%
Free Cash Flow Margin	36.90%	36.76%	41.66%	27.52%	27.37%	32.80%
Free Cash Flow Per Share	0.57	0.60	0.74	0.49	0.42	0.54
Cash Income Tax Paid	65.91	63.18	63.33	44.98	67.37	67.61
Levered Free Cash Flow	76.65	73.53	85.52	59.92	49	69.3
Unlevered Free Cash Flow	76.65	73.53	85.52	59.92	49	69.3
Change in Working Capital	-8.29	-8.29	6.45	12.85	-13.5	18.01

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