Hangzhou Alltest Biotech 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	302.47	180.58	1,185	765.69
Depreciation & Amortization	32.33	39.63	58	15.59
Other Amortization	10.28	10.13	6.95	2.13
Loss (Gain) From Sale of Assets	-1.22	0.44	-0.53	0.06
Asset Writedown & Restructuring Costs	0.01	-0.6	74.72	0.02
Loss (Gain) From Sale of Investments	-57.09	-57.25	-33.49	-28.28
Provision & Write-off of Bad Debts	7.87	11.33	7.82	4.08
Other Operating Activities	16.61	5.12	202.81	11.46
Change in Accounts Receivable	-52.12	-14.05	129.53	-124.24
Change in Inventory	19.26	12.4	-13.2	-264.05
Change in Accounts Payable	28.91	-199.9	-221.75	537.97
Change in Other Net Operating Assets	14.23	20.69	11.45	-
Operating Cash Flow	329.52	24.76	1,361	923.87
Operating Cash Flow Growth	1230.66%	-98.18%	47.28%	48.36%
Capital Expenditures	-220.65	-533.49	-270.24	-140.12
Sale of Property, Plant & Equipment	1.69	0.29	0.02	0.02
Cash Acquisitions	-	-	-16.61	-
Investment in Securities	-267.07	363.81	-1,001	-398.2
Other Investing Activities	6.97	28.72	24.01	6.95
Investing Cash Flow	-479.06	-140.67	-1,264	-531.35
Long-Term Debt Repaid	-5.66	-16.39	-115.56	-12.65
Net Debt Issued (Repaid)	-5.66	-16.39	-115.56	-12.65
Issuance of Common Stock	8.57	8.74	-	1,680
Repurchase of Common Stock	-36.93	-22.64	-34.44	-
Common Dividends Paid	-232.66	-528.7	-215.62	-107.81
Other Financing Activities	-6.05	0.2	3.7	-39.37
Financing Cash Flow	-272.73	-558.79	-361.91	1,520
Foreign Exchange Rate Adjustments	5.98	9.48	67.86	-18.72
Net Cash Flow	-416.29	-665.22	-197.36	1,894
Free Cash Flow	108.87	-508.73	1,090	783.75
Free Cash Flow Growth	-	-	39.13%	33.84%
Free Cash Flow Margin	12.56%	-67.41%	32.18%	41.84%
Free Cash Flow Per Share	1.38	-6.42	13.76	10.48
Cash Income Tax Paid	8.11	15.37	85.85	65.73
Levered Free Cash Flow	10.23	-647.33	792.39	532.31
Unlevered Free Cash Flow	10.49	-646.42	793.75	532.72
Change in Working Capital	18.26	-164.61	-140.52	153.12

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