Damon Technology Group 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	92.52	87.59	81.68	76.84
Depreciation & Amortization	30	28.7	23.97	19.32
Other Amortization	13.12	4.65	2.74	1.71
Loss (Gain) From Sale of Assets	1.55	-0.26	-0.1	0.1
Asset Writedown & Restructuring Costs	-0.03	0.01	0.01	-
Loss (Gain) From Sale of Investments	-6.68	-0.01	-1.13	-4.62
Provision & Write-off of Bad Debts	36.96	9.14	16.57	5.02
Other Operating Activities	14.76	6.91	30.6	21.59
Change in Accounts Receivable	-23.61	-151.05	-19.55	-258.38
Change in Inventory	-174.72	99.42	224.32	-73.91
Change in Accounts Payable	190.61	-22.17	-206.06	136.98
Change in Other Net Operating Assets	3.48	1.37	-	-
Operating Cash Flow	177.71	58.4	149.06	-91.83
Operating Cash Flow Growth	204.31%	-60.82%	-	-
Capital Expenditures	-76.83	-73.61	-93.56	-51.5
Sale of Property, Plant & Equipment	1.14	1.4	0.35	0.06
Investment in Securities	-83.45	61	-30	100
Other Investing Activities	-	27.44	1.98	6.51
Investing Cash Flow	-159.15	16.22	-121.23	55.07
Short-Term Debt Issued	31.98	34.66	33.01	86.95
Long-Term Debt Issued	238.16	232.89	187.11	-
Total Debt Issued	270.14	267.55	220.13	86.95
Short-Term Debt Repaid	-23.9	-37.51	-38.44	-49.36
Long-Term Debt Repaid	-166.06	-153.8	-148.08	-4.36
Total Debt Repaid	-189.96	-191.31	-186.52	-53.72
Net Debt Issued (Repaid)	80.17	76.24	33.61	33.23
Common Dividends Paid	-40.97	-29.97	-28.06	-32.83
Dividends Paid	-40.97	-29.97	-28.06	-32.83
Other Financing Activities	-47.16	-6.66	1.46	2.06
Financing Cash Flow	-7.95	39.61	7.01	2.46
Foreign Exchange Rate Adjustments	-0.69	2.31	-21.48	-4.89
Net Cash Flow	9.91	116.54	13.36	-39.2
Free Cash Flow	100.87	-15.22	55.51	-143.34
Free Cash Flow Margin	6.92%	-1.10%	3.63%	-9.67%
Free Cash Flow Per Share	0.38	-0.06	0.24	-0.61
Cash Income Tax Paid	62.3	48.12	-5.09	-11.76
Levered Free Cash Flow	124.08	12.59	-18.18	-154.32
Unlevered Free Cash Flow	128.88	15.66	-2.43	-152.39
Change in Working Capital	-4.5	-78.33	-5.28	-211.8

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