Zbit Semiconductor 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	-161	-172.64	21.21	147.56
Depreciation & Amortization	15.49	17.2	13.19	7.77
Other Amortization	1.69	0.17	-	-
Asset Writedown & Restructuring Costs	0.06	0	-	0.15
Loss (Gain) From Sale of Investments	-12.32	-10.51	-1.9	-2.43
Provision & Write-off of Bad Debts	1.31	1.34	0.35	-0.01
Other Operating Activities	81.94	100.5	17.05	6.47
Change in Accounts Receivable	-8.74	42.68	-357	12.3
Change in Inventory	-18.66	-170.48	-146.22	-107.37
Change in Accounts Payable	-32.43	13.7	-8.09	45.16
Change in Other Net Operating Assets	10.72	9.8	12.48	11.39
Operating Cash Flow	-122.04	-166.06	-450.17	127.03
Operating Cash Flow Growth	-	-	-	1521.04%
Capital Expenditures	-22.27	-10.01	-13.15	-39.6
Sale of Property, Plant & Equipment	0.03	0	-	-
Investment in Securities	85	-245.7	-381.8	-50
Other Investing Activities	13.3	9.61	1.17	1.81
Investing Cash Flow	76.06	-246.1	-393.78	-87.8
Short-Term Debt Issued	27	-	220	-
Total Debt Issued	27	-	220	-
Short-Term Debt Repaid	-	-	-220	-5
Long-Term Debt Repaid	-2.43	-2.33	-2.65	-1.85
Total Debt Repaid	-2.43	-2.33	-222.65	-6.85
Net Debt Issued (Repaid)	24.57	-2.33	-2.65	-6.85
Issuance of Common Stock	-	-	1,238	84.43
Repurchase of Common Stock	-15.2	-	-	-
Common Dividends Paid	-	-	-3.83	-0.11
Other Financing Activities	-0	-	-28.2	-3.4
Financing Cash Flow	9.36	-2.33	1,203	74.07
Foreign Exchange Rate Adjustments	0.43	-0.12	0.75	-1.02
Net Cash Flow	-36.18	-414.6	359.96	112.29
Free Cash Flow	-144.31	-176.06	-463.32	87.43
Free Cash Flow Growth	-	-	-	1819.62%
Free Cash Flow Margin	-38.76%	-57.57%	-106.93%	15.18%
Free Cash Flow Per Share	-1.75	-2.13	-6.77	1.44
Cash Interest Paid	0	-	-	-
Cash Income Tax Paid	-12.11	2.2	0.63	16.81
Levered Free Cash Flow	-326.47	-187.22	-181.77	20.97
Unlevered Free Cash Flow	-326.4	-187.11	-179.35	21.03
Change in Working Capital	-49.2	-102.12	-500.06	-32.48

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