Shanghai Sanyou Medical 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	39.12	44.89	11.47	95.58	190.82	186.37
Depreciation & Amortization	38.28	38.28	36.91	30.03	18.99	15.49
Other Amortization	21.41	21.41	24.51	24.35	15.23	12.65
Loss (Gain) From Sale of Assets	0.07	0.07	-6.43	0.05	0.06	-0.04
Asset Writedown & Restructuring Costs	32.14	32.14	10.22	-	-	2.83
Loss (Gain) From Sale of Investments	3.55	3.55	-5.68	6.89	-41.59	-53.77
Provision & Write-off of Bad Debts	-	-	1.05	-8.76	2.79	-
Other Operating Activities	-1.89	-0.46	18.56	29.58	20.56	9.11
Change in Accounts Receivable	-12.91	-12.91	2.06	214.68	-39.32	-70.1
Change in Inventory	-61.1	-61.1	-68.15	-73.57	-55.03	-40.6
Change in Accounts Payable	-5.79	-5.79	-25.46	-65.73	39.84	75.88
Change in Other Net Operating Assets	12.05	12.05	7.87	-0.23	0.77	4.04
Operating Cash Flow	60.8	67.99	10.96	267.43	155.97	144.92
Operating Cash Flow Growth	37.80%	520.07%	-95.90%	71.46%	7.63%	86.94%
Capital Expenditures	-22.77	-28.91	-37.44	-25.94	-138.2	-91.66
Sale of Property, Plant & Equipment	0.53	0.53	5.42	0.15	-	0.37
Cash Acquisitions	-	-	-	-30.38	-0.97	-268.48
Investment in Securities	-36.25	-131.47	-204.34	123.88	-25.86	356
Other Investing Activities	5.72	2.45	2.76	1.08	8.88	16.14
Investing Cash Flow	-52.77	-157.4	-233.59	68.8	-156.15	12.36
Long-Term Debt Issued	-	19.71	45.14	-	-	-
Long-Term Debt Repaid	-	-25.04	-51.94	-3.55	-4.52	-1.46
Net Debt Issued (Repaid)	-3.24	-5.33	-6.8	-3.55	-4.52	-1.46
Issuance of Common Stock	-	205.3	-	-	-	-
Common Dividends Paid	-2	-2.14	-22.65	-19.2	-37.37	-35.86
Other Financing Activities	22.69	-179.22	1.28	-	-	-
Financing Cash Flow	17.45	18.61	-28.17	-22.75	-41.9	-37.32
Foreign Exchange Rate Adjustments	1.44	3.36	-0.47	0.44	0.19	-0.1
Net Cash Flow	26.92	-67.44	-251.26	313.92	-41.88	119.85
Free Cash Flow	38.03	39.08	-26.47	241.5	17.78	53.26
Free Cash Flow Growth	190.29%	-	-	1258.46%	-66.62%	13.15%
Free Cash Flow Margin	6.92%	7.20%	-5.84%	52.45%	2.74%	8.98%
Free Cash Flow Per Share	0.11	0.12	-0.10	0.80	0.06	0.18
Cash Income Tax Paid	44.54	41.83	19.75	71.76	119.5	69.84
Levered Free Cash Flow	-40.22	-173.89	-34.28	228.66	-54.62	41.23
Unlevered Free Cash Flow	-40.22	-173.89	-33.55	228.83	-54.49	41.33
Change in Working Capital	-71.89	-71.89	-79.63	89.71	-50.88	-34.95

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