Nexchip Semiconductor 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	704.2	532.84	211.63	3,045	1,729
Depreciation & Amortization	3,910	3,417	3,244	2,780	1,458
Other Amortization	224.61	0.09	0.25	0.25	0.16
Loss (Gain) From Sale of Assets	-	-0	-0.02	-	-
Asset Writedown & Restructuring Costs	-	0.04	0.84	-	5.97
Loss (Gain) From Sale of Investments	-19.7	-48.9	-84.53	-7.32	-13.6
Provision & Write-off of Bad Debts	-0.08	-1.48	-0.42	2.07	0.25
Other Operating Activities	431.65	513.23	458.17	597.49	234.34
Change in Accounts Receivable	-268.66	-162.89	1,773	913.95	-939.65
Change in Inventory	-306.1	-29.17	-552.12	-541.26	-406.1
Change in Accounts Payable	-904.58	-1,480	-5,220	-510.61	7,503
Change in Other Net Operating Assets	71.79	20.14	8.16	-	2.67
Operating Cash Flow	3,843	2,761	-161.04	6,280	9,574
Operating Cash Flow Growth	39.18%	-	-	-34.41%	1924.81%
Capital Expenditures	-9,708	-13,223	-7,408	-6,890	-9,977
Investment in Securities	-605.02	1,359	-1,681	-1,579	-
Other Investing Activities	32.73	57.12	62.71	3.69	13.6
Investing Cash Flow	-10,280	-11,807	-9,027	-8,466	-9,963
Long-Term Debt Issued	5,325	11,899	5,475	6,754	5,981
Long-Term Debt Repaid	-3,033	-6,263	-1,084	-6,103	-2,997
Net Debt Issued (Repaid)	2,291	5,636	4,391	651.07	2,984
Issuance of Common Stock	14.52	-	9,763	-	1,000
Repurchase of Common Stock	-	-891.78	-	-	-
Common Dividends Paid	-778.64	-636.25	-415.11	-319.83	-294.97
Other Financing Activities	1,381	4,308	-5,824	4,992	-249.74
Financing Cash Flow	2,908	8,416	7,915	5,323	3,440
Foreign Exchange Rate Adjustments	-21.11	-50.13	42.77	453.74	-5.96
Net Cash Flow	-3,550	-679.78	-1,230	3,591	3,044
Free Cash Flow	-5,865	-10,462	-7,569	-610.28	-402.82
Free Cash Flow Margin	-53.88%	-113.11%	-104.49%	-6.07%	-7.42%
Free Cash Flow Per Share	-3.00	-5.30	-4.29	-0.41	-0.27
Cash Income Tax Paid	-38.61	-77.06	-21.82	-119.72	-
Levered Free Cash Flow	-8,221	-17,300	-1,504	-3,667	-353.38
Unlevered Free Cash Flow	-7,986	-16,990	-1,222	-3,409	-223.75
Change in Working Capital	-1,408	-1,652	-3,991	-137.92	6,160

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