Yuneng Technology 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	-151.73	140.04	220.22	360.53	102.92
Depreciation & Amortization	27.09	18.03	14.24	6.98	3.61
Other Amortization	1.87	2.38	2.55	1.12	0.23
Loss (Gain) From Sale of Assets	0.02	-0	-0.01	-0.02	0
Asset Writedown & Restructuring Costs	164.72	0.21	0.19	0.05	-
Loss (Gain) From Sale of Investments	-16.82	-30.72	-51.02	-11.61	-0.13
Provision & Write-off of Bad Debts	-	3.99	14.74	11	-3.88
Other Operating Activities	-39.23	140.35	10.57	-50.27	25.13
Change in Accounts Receivable	15.39	-41.44	-362.66	-418.34	-113.02
Change in Inventory	121.84	303.96	-329.78	-1,135	-45.19
Change in Accounts Payable	59.89	132.75	-341.28	933.62	82.21
Change in Other Net Operating Assets	-	-18.87	39.02	10.57	-
Operating Cash Flow	161.43	653.01	-861.99	-323.25	51.28
Operating Cash Flow Growth	-75.28%	-	-	-	87.04%
Capital Expenditures	-378.71	-152.91	-74.94	-39.48	-3.5
Sale of Property, Plant & Equipment	0.03	-	0.05	0.03	0
Investment in Securities	-40.29	-38.23	-68.85	-1,296	3.9
Other Investing Activities	20.58	17.83	0.8	-1.55	0.44
Investing Cash Flow	-398.37	-173.3	-142.94	-1,337	0.84
Long-Term Debt Issued	525.74	532.12	1,265	156.53	68.69
Long-Term Debt Repaid	-474.34	-1,003	-610.3	-148.54	-60.77
Net Debt Issued (Repaid)	51.4	-470.71	654.79	7.99	7.93
Issuance of Common Stock	-	-	-	3,062	0
Repurchase of Common Stock	-	-62.61	-99.22	-	-
Common Dividends Paid	-68.24	-126.83	-196.26	-1.91	-1.91
Other Financing Activities	-105.18	131.77	-9.96	-14.65	-13.04
Financing Cash Flow	-122.02	-528.37	349.35	3,053	-7.03
Foreign Exchange Rate Adjustments	41.77	0.61	7.68	19.29	-8.59
Net Cash Flow	-317.2	-48.05	-647.91	1,412	36.51
Free Cash Flow	-217.27	500.11	-936.93	-362.73	47.78
Free Cash Flow Growth	-	-	-	-	96.76%
Free Cash Flow Margin	-18.30%	28.24%	-65.97%	-27.10%	7.18%
Free Cash Flow Per Share	-1.41	3.21	-5.96	-2.64	0.41
Cash Income Tax Paid	-23.99	22.99	-64.05	-24.54	-5.99
Levered Free Cash Flow	-199.05	563.03	-1,029	-505.28	21.46
Unlevered Free Cash Flow	-199.05	573.93	-1,014	-503.82	22.68
Change in Working Capital	175.52	378.73	-1,073	-641.04	-76.62

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