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

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