Sansec 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	-37.87	42.12	67.28	107.23	74.7
Depreciation & Amortization	57.37	37.91	19.58	6.91	6.23
Other Amortization	8.15	10.29	4.53	3.55	2.01
Loss (Gain) From Sale of Assets	0.2	-0.32	-	0.09	-0
Asset Writedown & Restructuring Costs	23.55	0.21	-0	8.98	0.02
Loss (Gain) From Sale of Investments	-6.93	-13.17	-1.3	-	-
Provision & Write-off of Bad Debts	-	22.59	5.79	2.23	4.42
Other Operating Activities	17.97	13.92	14.35	0.21	0.38
Change in Accounts Receivable	103.69	-194.16	-38.4	-156.43	-70.03
Change in Inventory	31.8	-8.27	-23.01	1.72	-7.09
Change in Accounts Payable	-79.95	102.94	46.03	26.65	21.4
Change in Other Net Operating Assets	16.01	9.72	-	-	-
Operating Cash Flow	105.48	21.79	87.28	-6	30.28
Operating Cash Flow Growth	384.19%	-75.04%	-	-	1855.04%
Capital Expenditures	-67.12	-107.87	-88.38	-19.88	-71.03
Sale of Property, Plant & Equipment	0.03	0.19	0.1	0	0.01
Cash Acquisitions	-	-173.05	-118.8	-	-
Investment in Securities	-323.54	173.78	-320	-	-
Other Investing Activities	5.73	7.81	1.3	-	0.08
Investing Cash Flow	-384.91	-99.15	-525.78	-19.87	-70.94
Short-Term Debt Issued	-	-	-	-	5.9
Total Debt Issued	-	-	-	-	5.9
Short-Term Debt Repaid	-	-9.46	-	-5	-10.9
Long-Term Debt Repaid	-	-18.49	-10.44	-3.2	-4.53
Total Debt Repaid	-	-27.95	-10.44	-8.2	-15.43
Net Debt Issued (Repaid)	-	-27.95	-10.44	-8.2	-9.53
Issuance of Common Stock	22.23	0.51	1.49	1,404	2.41
Repurchase of Common Stock	-	-79.97	-	-	-
Common Dividends Paid	-12.72	-27.79	-33.15	-0.07	-0.22
Other Financing Activities	-18.95	-3.64	-38.39	-32.99	-
Financing Cash Flow	-9.44	-138.84	-80.49	1,362	-7.34
Foreign Exchange Rate Adjustments	-0.51	0.18	0.02	-0	-0
Net Cash Flow	-289.38	-216.03	-518.98	1,337	-48
Free Cash Flow	38.36	-86.09	-1.11	-25.88	-40.76
Free Cash Flow Margin	6.92%	-18.19%	-0.31%	-7.62%	-15.08%
Free Cash Flow Per Share	0.33	-0.76	-0.01	-0.29	-0.48
Cash Income Tax Paid	45.75	21.34	22.27	25.97	21.76
Levered Free Cash Flow	15.18	-147.3	-60.86	-71.09	-71.33
Unlevered Free Cash Flow	15.18	-146.48	-60.33	-70.96	-71.1
Change in Working Capital	43.04	-91.77	-22.96	-135.2	-57.48

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