Beijing JCZ Technology Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	77.9	36.88	30.5	42.22	39.08	52.78
Depreciation & Amortization	7.85	7.85	7.81	7.23	6.26	4.34
Other Amortization	1.08	1.08	1.35	1.49	0.78	0.34
Loss (Gain) From Sale of Assets	-0.02	-0.02	0.02	0.04	-0.08	-
Asset Writedown & Restructuring Costs	0.02	0.02	0.01	0.01	0	1.01
Loss (Gain) From Sale of Investments	-14.91	-14.91	-14.43	-10.01	-0.23	0.41
Provision & Write-off of Bad Debts	0.57	0.57	-0.66	0.97	0.95	1.2
Other Operating Activities	-37.55	0.79	2.31	-0.31	1.17	0.11
Change in Accounts Receivable	-21.42	-21.42	9.16	-22.99	-6.33	-19.69
Change in Inventory	4.02	4.02	1.72	-1.11	-19.64	-18.13
Change in Accounts Payable	8.1	8.1	-5.98	2.92	-0.21	9.09
Change in Other Net Operating Assets	9.53	9.53	-3.66	3.66	-	-
Operating Cash Flow	30.75	28.07	21.52	20.5	18.13	30.13
Operating Cash Flow Growth	16.29%	30.41%	4.98%	13.11%	-39.84%	13.84%
Capital Expenditures	-53.86	-46.46	-81.81	-36.09	-4.5	-7.7
Sale of Property, Plant & Equipment	-	0.04	0.04	0.02	0.01	-
Cash Acquisitions	-	-	-	0.83	-	-
Investment in Securities	45.25	-3	-14	210	-229.14	-
Other Investing Activities	9.03	9.2	11	9.8	-	-
Investing Cash Flow	0.42	-40.22	-84.77	184.57	-233.64	-7.7
Long-Term Debt Repaid	-	-3.15	-3.18	-2.49	-2.27	-1.35
Net Debt Issued (Repaid)	-3.15	-3.15	-3.18	-2.49	-2.27	-1.35
Repurchase of Common Stock	-	-	-30.01	-	-	-
Common Dividends Paid	-16.81	-16.81	-10.22	-20.53	-	-
Other Financing Activities	17.08	16.78	-	-	605.08	-3.62
Financing Cash Flow	-2.88	-3.18	-43.4	-23.02	602.82	-4.97
Foreign Exchange Rate Adjustments	-0.14	0.12	0.43	0.21	0.34	-0.13
Net Cash Flow	28.15	-15.21	-106.21	182.26	387.65	17.33
Free Cash Flow	-23.11	-18.39	-60.28	-15.59	13.62	22.43
Free Cash Flow Growth	-	-	-	-	-39.25%	-11.14%
Free Cash Flow Margin	-9.18%	-7.26%	-28.42%	-7.09%	6.88%	11.06%
Free Cash Flow Per Share	-0.22	-0.18	-0.59	-0.15	0.17	0.29
Cash Income Tax Paid	14.58	13.77	9.46	7.97	5.6	14.43
Levered Free Cash Flow	-60.23	-36.34	-61.49	-23.25	0.05	6.6
Unlevered Free Cash Flow	-60.16	-36.27	-61.43	-23.15	0.16	6.68
Change in Working Capital	-4.2	-4.2	-5.37	-21.13	-29.81	-30.05

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