Appotronics Corporation Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	27.95	103.19	119.44	233.36
Depreciation & Amortization	173.01	155.82	153.77	133.25
Other Amortization	11.52	4.49	7.02	7.42
Loss (Gain) From Sale of Assets	0.29	-0.15	-0.23	-2.97
Asset Writedown & Restructuring Costs	11.9	13.68	3.78	5.75
Loss (Gain) From Sale of Investments	21.61	10.91	-0.66	-34.83
Provision & Write-off of Bad Debts	9.42	-0.78	8.19	6.5
Other Operating Activities	34.18	-14.61	-34.7	1.86
Change in Accounts Receivable	-437.1	101.33	123.32	-187.6
Change in Inventory	-25.21	126.12	-186.37	-490.4
Change in Accounts Payable	261.73	-151.13	-82.66	289.55
Change in Other Net Operating Assets	1.93	8.49	78.48	73.89
Operating Cash Flow	87.22	364.08	177.35	58.34
Operating Cash Flow Growth	-76.04%	105.29%	204.01%	11.35%
Capital Expenditures	-89.04	-115.25	-167.34	-123.02
Sale of Property, Plant & Equipment	1.52	0.54	0.01	3.27
Cash Acquisitions	-	-19.72	-	-11.43
Investment in Securities	287	-207	207.24	-313.72
Other Investing Activities	35.83	12.57	8	-
Investing Cash Flow	235.31	-328.86	47.92	-444.91
Long-Term Debt Issued	230.81	345.6	443.47	486.48
Total Debt Issued	230.81	345.6	443.47	486.48
Short-Term Debt Repaid	-	-	-	-19.4
Long-Term Debt Repaid	-374.36	-368.06	-303.17	-337.2
Total Debt Repaid	-374.36	-368.06	-303.17	-356.6
Net Debt Issued (Repaid)	-143.55	-22.46	140.3	129.88
Issuance of Common Stock	46.11	87.81	76.6	-
Repurchase of Common Stock	-119.43	-	-19.38	-
Common Dividends Paid	-55.16	-52.52	-74.15	-41.04
Other Financing Activities	-23.48	-11.04	-7.36	206.73
Financing Cash Flow	-295.51	1.8	116.01	295.57
Foreign Exchange Rate Adjustments	1.66	6.25	22.11	-1.33
Net Cash Flow	28.69	43.27	363.39	-92.33
Free Cash Flow	-1.82	248.83	10.02	-64.68
Free Cash Flow Growth	-	2384.51%	-	-
Free Cash Flow Margin	-0.07%	11.24%	0.39%	-2.59%
Free Cash Flow Per Share	-0.00	0.53	0.02	-0.14
Cash Income Tax Paid	76.43	17.36	81.28	74.59
Levered Free Cash Flow	285.79	147.83	33.95	-130.14
Unlevered Free Cash Flow	297.27	159.48	49.47	-119.46
Change in Working Capital	-202.66	91.54	-79.26	-292.01

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