Primarius Technologies 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	-95.97	-56.32	44.89	28.6
Depreciation & Amortization	39.61	40.4	30.12	15.31
Other Amortization	8.48	2.91	2.02	1.11
Loss (Gain) From Sale of Assets	-0.12	-0.08	-0.01	-0
Asset Writedown & Restructuring Costs	25.5	-	-	-0.01
Loss (Gain) From Sale of Investments	16.34	-0.62	-1.13	-3.56
Provision & Write-off of Bad Debts	4.74	0.04	2.6	0.36
Other Operating Activities	5.91	-1.94	0.89	-0.23
Change in Accounts Receivable	-171.58	52.46	-99.85	-28.03
Change in Inventory	19.39	-25.66	-30.46	-5.79
Change in Accounts Payable	92.04	32.31	121.67	48.96
Change in Other Net Operating Assets	17.83	-	-	-
Operating Cash Flow	-46.52	51.03	70.32	56.47
Operating Cash Flow Growth	-	-27.43%	24.51%	-30.68%
Capital Expenditures	-106.07	-50.19	-151.39	-140.87
Sale of Property, Plant & Equipment	0.16	0.71	0.01	0
Cash Acquisitions	-10.62	-63.69	-	-31.81
Investment in Securities	-1.5	-155.58	-101.47	685.45
Other Investing Activities	9.18	4.63	-4.63	-0.44
Investing Cash Flow	-108.86	-264.12	-257.48	512.33
Long-Term Debt Issued	15.58	-	-	-
Total Debt Issued	15.58	-	-	-
Long-Term Debt Repaid	-13.9	-10.57	-9.52	-7.5
Total Debt Repaid	-13.9	-10.57	-9.52	-7.5
Net Debt Issued (Repaid)	1.68	-10.57	-9.52	-7.5
Issuance of Common Stock	-	-	-	1,145
Repurchase of Common Stock	-20.01	-	-	-
Common Dividends Paid	-0.15	-29.23	-8.35	-
Other Financing Activities	-40.8	-	-15.61	-18.38
Financing Cash Flow	-59.28	-39.8	-33.48	1,120
Foreign Exchange Rate Adjustments	14.33	1.36	3.13	-0.69
Net Cash Flow	-200.33	-251.53	-217.52	1,688
Free Cash Flow	-152.59	0.84	-81.08	-84.4
Free Cash Flow Margin	-36.41%	0.26%	-29.11%	-43.54%
Free Cash Flow Per Share	-0.35	0.00	-0.18	-0.21
Cash Income Tax Paid	17.53	26.07	16.61	8.92
Levered Free Cash Flow	-174.88	49.98	-214.4	-110.78
Unlevered Free Cash Flow	-174.85	50.52	-213.66	-110.49
Change in Working Capital	-51.01	66.63	-9.07	14.88

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