Jiangsu Longda Superalloy 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	66.11	55.38	94.44	70.21
Depreciation & Amortization	48.29	42.69	35.83	26.67
Other Amortization	9.99	6.89	4.17	2.59
Loss (Gain) From Sale of Assets	-5.76	0.09	-0.25	-0.3
Asset Writedown & Restructuring Costs	-	-	0.71	0.92
Loss (Gain) From Sale of Investments	-1.29	-8.72	14.82	0.47
Provision & Write-off of Bad Debts	11.55	4.46	3.02	2.64
Other Operating Activities	-4.03	12.64	24.9	14.34
Change in Accounts Receivable	-284.43	-142.4	-295.24	-67.05
Change in Inventory	-76.99	-194	-238.1	-110.16
Change in Accounts Payable	47.08	29.17	57.17	51.3
Change in Other Net Operating Assets	18.62	-9	1.15	2.34
Operating Cash Flow	-166.37	-202.23	-322.16	-7.73
Capital Expenditures	-140.77	-108.33	-386.04	-153.93
Sale of Property, Plant & Equipment	59.05	0.27	1.62	0.5
Investment in Securities	91.8	58.2	-825.43	0.46
Other Investing Activities	4.18	17.91	8.61	-0.47
Investing Cash Flow	14.27	-31.96	-1,201	-153.44
Long-Term Debt Issued	519.17	757.35	516.01	378.51
Total Debt Issued	519.17	757.35	516.01	378.51
Short-Term Debt Repaid	-	-	-	-13.7
Long-Term Debt Repaid	-207.1	-589.4	-815.7	-200.53
Total Debt Repaid	-207.1	-589.4	-815.7	-214.23
Net Debt Issued (Repaid)	312.07	167.95	-299.69	164.28
Issuance of Common Stock	-	-	2,303	-
Repurchase of Common Stock	-104.68	-	-	-
Common Dividends Paid	-83.85	-94.22	-12.94	-11.85
Other Financing Activities	-2.91	2.8	-104.83	2.91
Financing Cash Flow	120.63	76.53	1,885	155.35
Foreign Exchange Rate Adjustments	2.16	1.12	0.11	-0.23
Net Cash Flow	-29.31	-156.54	362	-6.06
Free Cash Flow	-307.13	-310.56	-708.2	-161.66
Free Cash Flow Margin	-22.07%	-25.72%	-74.42%	-22.27%
Free Cash Flow Per Share	-1.25	-1.23	-3.37	-0.88
Cash Income Tax Paid	-14.85	0.58	5.44	4.76
Levered Free Cash Flow	-278.24	-223.24	-797.67	-247.23
Unlevered Free Cash Flow	-271.45	-217.09	-789.83	-239.68
Change in Working Capital	-291.23	-315.67	-499.8	-125.27

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