Rigol 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	92.3	107.95	92.49	-3.9
Depreciation & Amortization	64.15	35.9	24.7	23.2
Other Amortization	4.66	0.22	0.12	0.07
Loss (Gain) From Sale of Assets	0.45	0.03	0.02	0.08
Asset Writedown & Restructuring Costs	-	-	-	2.84
Loss (Gain) From Sale of Investments	-54.49	-52.75	-40.98	-9.39
Stock-Based Compensation	11.03	14.97	52.82	82.8
Provision & Write-off of Bad Debts	-2.45	2.87	0.17	-0.45
Other Operating Activities	18.58	15.13	1.07	2.88
Change in Accounts Receivable	-8.04	-70.11	-37.13	-17.6
Change in Inventory	-59.2	-46.99	-54.6	-43.15
Change in Accounts Payable	47.17	-37.66	61.07	15.27
Change in Unearned Revenue	27.93	6.57	8.31	8.33
Change in Other Net Operating Assets	-7.85	3.6	-0.7	-0.8
Operating Cash Flow	117.46	-18.36	103.62	61.93
Operating Cash Flow Growth	-	-	67.32%	119.56%
Capital Expenditures	-144.69	-159.08	-264.3	-38.3
Sale of Property, Plant & Equipment	6.21	1.01	0.14	0.02
Cash Acquisitions	-84.67	-	-	-
Investment in Securities	39.23	-137	-1,368	-115.2
Other Investing Activities	6.61	14.66	31.29	8.47
Investing Cash Flow	-177.3	-280.41	-1,601	-145
Short-Term Debt Issued	500.29	178.5	5.99	-
Long-Term Debt Issued	-	-	-	19.84
Total Debt Issued	500.29	178.5	5.99	19.84
Short-Term Debt Repaid	-208.01	-111	-23.83	-
Long-Term Debt Repaid	-	-	-1.07	-19.07
Total Debt Repaid	-208.01	-111	-24.9	-19.07
Net Debt Issued (Repaid)	292.28	67.5	-18.91	0.77
Issuance of Common Stock	43.4	297.87	1,692	-
Common Dividends Paid	-101.25	-88.81	-0.51	-
Other Financing Activities	-33.17	-6.48	-15.26	-0.44
Financing Cash Flow	201.25	270.08	1,657	0.33
Foreign Exchange Rate Adjustments	-0.15	1.92	2.93	-4.26
Net Cash Flow	141.27	-26.77	162.98	-87.01
Free Cash Flow	-27.23	-177.44	-160.68	23.63
Free Cash Flow Margin	-3.51%	-26.46%	-25.48%	4.88%
Free Cash Flow Per Share	-0.14	-0.99	-0.97	0.16
Cash Interest Paid	-	-	-	0.44
Cash Income Tax Paid	20.34	20.25	-17.18	1.15
Levered Free Cash Flow	-119.29	-118.78	-161.98	10.32
Unlevered Free Cash Flow	-113.79	-115.93	-161.62	10.59
Change in Working Capital	-16.78	-142.68	-26.8	-36.22

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