Zhejiang Lante Optics Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	391.09	220.53	179.91	96.07	140
Depreciation & Amortization	212.29	167.27	120.42	66.74	56.97
Other Amortization	0.14	1.27	0.21	-	-
Loss (Gain) From Sale of Assets	1.58	1.83	0.19	-0.17	-0.05
Asset Writedown & Restructuring Costs	22.11	-	0.09	-	2.29
Loss (Gain) From Sale of Investments	-2.17	-3.1	-14.46	-25.78	-28.87
Provision & Write-off of Bad Debts	-	-0.83	7.91	0.31	-
Other Operating Activities	10.46	4.03	12.25	5.69	1.61
Change in Accounts Receivable	-277.02	1.04	-143.47	-48.73	2.41
Change in Inventory	-24.09	-27.16	-79.21	-41.93	-37.08
Change in Accounts Payable	166.09	71.48	108.05	44.64	27.22
Change in Other Net Operating Assets	36.28	33.47	9.16	-2.07	7.75
Operating Cash Flow	578.1	488.61	224.32	66.21	175.48
Operating Cash Flow Growth	18.32%	117.82%	238.80%	-62.27%	-24.95%
Capital Expenditures	-477.21	-480.52	-404.21	-340.08	-106.54
Sale of Property, Plant & Equipment	0.01	0.78	0.12	0.24	0.07
Investment in Securities	-	246.11	199.34	227.18	-9.37
Other Investing Activities	-49.76	13.27	28.64	15.13	5.44
Investing Cash Flow	-526.96	-220.35	-176.1	-97.53	-110.4
Short-Term Debt Issued	-	-	-	119.8	-
Long-Term Debt Issued	131.36	44.1	270.48	-	-
Total Debt Issued	131.36	44.1	270.48	119.8	-
Long-Term Debt Repaid	-55.1	-289.48	-129.8	-	-
Total Debt Repaid	-55.1	-289.48	-129.8	-	-
Net Debt Issued (Repaid)	76.26	-245.37	140.68	119.8	-
Issuance of Common Stock	23.2	13.48	-	-	15.18
Repurchase of Common Stock	-	-	-9.25	-6.32	-
Common Dividends Paid	-82.8	-84.99	-65.29	-60.92	-60.24
Dividends Paid	-82.8	-84.99	-65.29	-60.92	-60.24
Other Financing Activities	-	-	-	-	-0.09
Financing Cash Flow	16.65	-316.89	66.14	52.56	-45.15
Foreign Exchange Rate Adjustments	1.07	6.57	2.18	1.33	-0.69
Net Cash Flow	68.87	-42.05	116.53	22.57	19.24
Free Cash Flow	100.9	8.09	-179.89	-273.87	68.94
Free Cash Flow Growth	1147.21%	-	-	-	-57.64%
Free Cash Flow Margin	6.57%	0.78%	-23.84%	-72.00%	16.59%
Free Cash Flow Per Share	0.25	0.02	-0.45	-0.68	0.17
Cash Income Tax Paid	9.81	-26.38	-51.34	-10.63	29.49
Levered Free Cash Flow	-92.7	-103.63	-290.99	-193.68	47.67
Unlevered Free Cash Flow	-92.7	-100.87	-287.32	-193.09	47.67
Change in Working Capital	-57.4	97.61	-82.21	-76.65	3.52

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