Jinhong Gas 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	201.23	315	229.12	167.07
Depreciation & Amortization	293.07	246.41	220.77	178.35
Other Amortization	5.93	6.56	6.33	5.29
Loss (Gain) From Sale of Assets	-25.45	-2.14	-4.46	-8.47
Asset Writedown & Restructuring Costs	50.25	17.45	8.06	18.79
Loss (Gain) From Sale of Investments	-6.31	-11	-19.73	-28.82
Provision & Write-off of Bad Debts	-0.33	3.56	3.16	1.34
Other Operating Activities	52.82	40.38	27.26	-16.24
Change in Accounts Receivable	76.07	-199.16	-81.25	-40.21
Change in Inventory	-9.21	-46.13	14.51	-37.89
Change in Accounts Payable	-74.93	66.67	-39.77	30.9
Change in Other Net Operating Assets	5.21	10.71	17.15	24.1
Operating Cash Flow	579.83	462.45	385.39	310.69
Operating Cash Flow Growth	25.38%	20.00%	24.04%	-22.64%
Capital Expenditures	-1,070	-1,072	-749.5	-511.69
Sale of Property, Plant & Equipment	64.84	48.45	29.79	35.13
Cash Acquisitions	-158.18	-42.12	-168.75	-227.97
Divestitures	7.04	13.55	-	-
Investment in Securities	325.2	-250.21	155.43	81.9
Other Investing Activities	7.36	5.42	37.86	28.44
Investing Cash Flow	-823.73	-1,297	-695.17	-594.19
Long-Term Debt Issued	1,630	1,474	712.36	280.4
Long-Term Debt Repaid	-944.67	-621.22	-295.56	-139.02
Net Debt Issued (Repaid)	684.87	852.74	416.79	141.38
Issuance of Common Stock	12.81	19.33	20.1	-
Repurchase of Common Stock	-65.41	-26.17	-	-154.97
Common Dividends Paid	-279.67	-143.47	-137.94	-137.22
Dividends Paid	-279.67	-143.47	-137.94	-137.22
Other Financing Activities	7.56	32.19	-18.62	6.13
Financing Cash Flow	360.17	734.61	280.33	-144.68
Foreign Exchange Rate Adjustments	-0.5	-0.42	-3.94	-2.71
Net Cash Flow	115.77	-100.21	-33.39	-430.89
Free Cash Flow	-490.15	-609.5	-364.11	-201
Free Cash Flow Margin	-19.41%	-25.11%	-18.51%	-11.54%
Free Cash Flow Per Share	-0.93	-1.22	-0.75	-0.41
Cash Income Tax Paid	148.63	110.92	112.19	98.54
Levered Free Cash Flow	-846.47	-484.81	-486.67	-107.43
Unlevered Free Cash Flow	-820.77	-470	-477.32	-103.67
Change in Working Capital	8.62	-153.76	-85.13	-6.61

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