Pylon Technologies 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	41.11	515.64	1,273	316.18
Depreciation & Amortization	223.64	175.2	109.18	51.37
Other Amortization	76.56	54.13	32.04	11.72
Loss (Gain) From Sale of Assets	-3.37	-0.21	-0.12	-0.03
Asset Writedown & Restructuring Costs	2.26	2.02	96.58	32.54
Loss (Gain) From Sale of Investments	-58.23	-39.8	-6.21	-8.42
Provision & Write-off of Bad Debts	15.55	-23.97	-	-
Other Operating Activities	76.81	5.23	-69.09	33.72
Change in Accounts Receivable	299.43	1,135	-1,641	-728.88
Change in Inventory	-97.61	562.91	-752.02	-504.37
Change in Accounts Payable	121.88	-1,452	1,834	466.85
Change in Other Net Operating Assets	19.78	115.25	163.26	5.44
Operating Cash Flow	704.67	1,072	953.49	-330.12
Operating Cash Flow Growth	-34.26%	12.42%	-	-
Capital Expenditures	-493.26	-1,201	-776.28	-458.24
Sale of Property, Plant & Equipment	1.6	-	0.14	0.31
Investment in Securities	-719.7	-1,375	-521.16	-200
Other Investing Activities	1,559	-2,297	1,017	-990.72
Investing Cash Flow	347.52	-4,872	-280.4	-1,649
Short-Term Debt Issued	64.82	-	390.95	132.02
Total Debt Issued	64.82	-	390.95	132.02
Short-Term Debt Repaid	-10	-401.08	-123.33	-55.58
Long-Term Debt Repaid	-6.98	-19.68	-21.58	-15.57
Total Debt Repaid	-16.98	-420.75	-144.91	-71.15
Net Debt Issued (Repaid)	47.84	-420.75	246.04	60.87
Issuance of Common Stock	-	5,060	-	-
Repurchase of Common Stock	-225.11	-94.88	-	-
Common Dividends Paid	-181.46	-388.35	-104.53	-86.27
Other Financing Activities	20	354.8	49.15	-
Financing Cash Flow	-338.73	4,511	190.66	-25.4
Foreign Exchange Rate Adjustments	11.95	30.79	90.96	-30.49
Net Cash Flow	725.4	741.88	954.72	-2,035
Free Cash Flow	211.41	-128.81	177.21	-788.36
Free Cash Flow Margin	10.54%	-3.90%	2.95%	-38.22%
Free Cash Flow Per Share	0.87	-0.53	0.81	-3.63
Cash Income Tax Paid	-29.65	-388.07	-127.15	-27.46
Levered Free Cash Flow	-89.11	-468.96	133.53	-838.61
Unlevered Free Cash Flow	-71.14	-450.82	148.51	-835.36
Change in Working Capital	330.34	383.64	-481.62	-767.19

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