BeijingABT Networks 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	-118.67	11.78	-8.46	72.19
Depreciation & Amortization	34.3	23.21	14.04	10.41
Loss (Gain) From Sale of Assets	0.06	-	-	-0.07
Asset Writedown & Restructuring Costs	-	-	-	1.92
Loss (Gain) From Sale of Investments	-10.4	-3.42	-7.38	-8.79
Provision & Write-off of Bad Debts	139.04	33.36	34.22	-19.27
Other Operating Activities	12.96	18.55	1.26	3.59
Change in Accounts Receivable	-47.09	-269.17	-186.09	-43.07
Change in Inventory	3.58	-19.56	4.56	-7.32
Change in Accounts Payable	159.86	83.27	-24.07	-1.67
Change in Other Net Operating Assets	1.92	2.36	4.98	8.82
Operating Cash Flow	156.8	-126.44	-168.63	19.14
Operating Cash Flow Growth	-	-	-	53.37%
Capital Expenditures	-95.36	-66.87	-240.05	-23.85
Sale of Property, Plant & Equipment	-	-	-	0.66
Investment in Securities	-10	-17.58	-10.3	153.07
Other Investing Activities	0.33	-	8.56	-
Investing Cash Flow	-105.03	-84.45	-241.79	129.88
Short-Term Debt Issued	-	-	-	88.85
Long-Term Debt Issued	216.39	148.91	152	-
Total Debt Issued	216.39	148.91	152	88.85
Short-Term Debt Repaid	-	-	-	-66.32
Long-Term Debt Repaid	-150.31	-88.88	-49.32	-4.4
Total Debt Repaid	-150.31	-88.88	-49.32	-70.72
Net Debt Issued (Repaid)	66.08	60.03	102.68	18.13
Issuance of Common Stock	15.67	6.2	130.48	4.53
Common Dividends Paid	-14.28	-7.15	-12.72	-17.49
Dividends Paid	-14.28	-7.15	-12.72	-17.49
Other Financing Activities	2.1	-0.1	-0.98	-23.62
Financing Cash Flow	69.57	58.98	219.46	-18.45
Foreign Exchange Rate Adjustments	1.38	-0.24	-	0.04
Net Cash Flow	122.72	-152.16	-190.95	130.61
Free Cash Flow	61.44	-193.3	-408.68	-4.72
Free Cash Flow Margin	8.34%	-35.26%	-89.53%	-1.21%
Free Cash Flow Per Share	0.80	-2.46	-5.79	-0.07
Cash Income Tax Paid	29.21	16.81	18.28	22.86
Levered Free Cash Flow	138.32	-203.11	-400.29	-33.69
Unlevered Free Cash Flow	144.96	-198.32	-398.6	-32.26
Change in Working Capital	99.5	-209.92	-202.31	-40.85

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