ComNav Technology 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	-33.05	41.82	36.19	29.15
Depreciation & Amortization	9.18	9.68	8.04	9.34
Other Amortization	1.45	1.38	1.51	1.18
Loss (Gain) From Sale of Assets	-0.17	-0.02	-0.01	0
Loss (Gain) From Sale of Investments	-7.35	-2.94	-	-
Provision & Write-off of Bad Debts	31.9	5.9	7.64	1.79
Other Operating Activities	4.39	-2.23	1.96	1.65
Change in Accounts Receivable	-28.55	-126.66	-84.82	-8.04
Change in Inventory	-22.17	27.91	-52.1	-23.55
Change in Accounts Payable	155.36	13.62	21.46	12.66
Change in Other Net Operating Assets	1.7	-	-	4.18
Operating Cash Flow	111.81	-33.74	-60.47	27.93
Operating Cash Flow Growth	-	-	-	-5.72%
Capital Expenditures	-52.29	-17.4	-4.56	-3.04
Sale of Property, Plant & Equipment	0.37	0.01	0.02	-
Investment in Securities	24	-50	0.03	-
Other Investing Activities	7.91	2.94	-	-
Investing Cash Flow	-20.01	-64.45	-4.51	-3.04
Short-Term Debt Issued	-	44.89	15	15
Total Debt Issued	-	44.89	15	15
Short-Term Debt Repaid	-0.69	-59.19	-15	-16
Long-Term Debt Repaid	-7.1	-7.18	-6.04	-
Total Debt Repaid	-7.8	-66.38	-21.04	-16
Net Debt Issued (Repaid)	-7.8	-21.49	-6.04	-1
Issuance of Common Stock	-	716.14	-	-
Repurchase of Common Stock	-38.94	-	-	-
Common Dividends Paid	-8.02	-8.68	-6.38	-6.59
Other Financing Activities	0.9	-19.97	0.08	-6.72
Financing Cash Flow	-53.85	666	-12.33	-14.3
Foreign Exchange Rate Adjustments	0.56	0.48	0.38	-0.62
Net Cash Flow	38.51	568.29	-76.93	9.97
Free Cash Flow	59.52	-51.14	-65.03	24.89
Free Cash Flow Growth	-	-	-	-4.39%
Free Cash Flow Margin	14.42%	-12.42%	-19.38%	8.64%
Free Cash Flow Per Share	0.73	-0.76	-1.08	0.41
Cash Interest Paid	0.57	0.36	0.19	-
Cash Income Tax Paid	22.48	7.28	7.72	9.2
Levered Free Cash Flow	86.59	-71.96	-86.41	-1.19
Unlevered Free Cash Flow	86.72	-71.02	-85.98	-0.52
Change in Working Capital	105.46	-87.34	-115.81	-15.18

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