Guobo Electronics 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	484.65	606.23	520.48	368.16
Depreciation & Amortization	244.8	205.51	124.93	105.53
Other Amortization	5.93	0.07	-	1.24
Loss (Gain) From Sale of Assets	-0.23	0.59	-	-0.02
Asset Writedown & Restructuring Costs	-	-	-	0.07
Loss (Gain) From Sale of Investments	-2.57	-9.14	-3.35	-
Provision & Write-off of Bad Debts	58.94	7.19	11.44	22.85
Other Operating Activities	35.81	71.06	80.55	144.57
Change in Accounts Receivable	-239.86	-333.24	-1,064	-201.89
Change in Inventory	296.92	293.38	-108.83	-101.94
Change in Accounts Payable	-605.36	1.85	247.92	825.84
Change in Other Net Operating Assets	6.12	5.03	7.76	1.95
Operating Cash Flow	271.87	838.93	-183.99	1,143
Operating Cash Flow Growth	-67.59%	-	-	-
Capital Expenditures	-334.84	-659.04	-505.79	-451.62
Sale of Property, Plant & Equipment	-	0.1	-	0.03
Investment in Securities	400	100	-499.49	-
Other Investing Activities	4.05	11.4	-	-
Investing Cash Flow	69.21	-547.54	-1,005	-451.59
Short-Term Debt Issued	-	-	-	170
Total Debt Issued	-	-	-	170
Short-Term Debt Repaid	-	-	-	-370
Long-Term Debt Repaid	-46	-47.69	-49.03	-44.42
Total Debt Repaid	-46	-47.69	-49.03	-414.42
Net Debt Issued (Repaid)	-46	-47.69	-49.03	-244.42
Issuance of Common Stock	-	-	2,762	-
Common Dividends Paid	-303.97	-250.01	-200.01	-6.91
Other Financing Activities	-	-0.69	-11.71	3.6
Financing Cash Flow	-349.97	-298.38	2,502	-247.73
Net Cash Flow	-8.89	-6.98	1,312	443.41
Free Cash Flow	-62.97	179.89	-689.78	691.11
Free Cash Flow Margin	-2.43%	5.04%	-19.93%	27.55%
Free Cash Flow Per Share	-0.10	0.30	-1.23	1.28
Cash Income Tax Paid	107.49	165.25	228.98	170.38
Levered Free Cash Flow	74.67	-1,263	-870.98	577.56
Unlevered Free Cash Flow	77.89	-1,259	-865.34	586.89
Change in Working Capital	-555.46	-42.59	-918.05	500.32

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