Unionman 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	-141.83	-199.19	60.4	98.36
Depreciation & Amortization	53.57	44.03	35.33	31.36
Other Amortization	4.57	1.33	1.27	2.65
Loss (Gain) From Sale of Assets	0	0.2	-0.5	-
Asset Writedown & Restructuring Costs	1.38	0.25	0	0.18
Loss (Gain) From Sale of Investments	16.04	-1.18	2.07	-2.81
Provision & Write-off of Bad Debts	30.9	6.84	-1.06	30.08
Other Operating Activities	53.3	57.75	37.44	51.22
Change in Accounts Receivable	-458.01	-110.15	138.29	-74.24
Change in Inventory	53.53	-33.38	-80.22	-190.8
Change in Accounts Payable	514.53	68.29	-218.39	-48.29
Change in Other Net Operating Assets	-9.42	7.07	2.35	-
Operating Cash Flow	79.34	-199.52	-22.92	-107.04
Capital Expenditures	-196.31	-191.03	-241.93	-185.61
Sale of Property, Plant & Equipment	0.03	0.11	1.01	-
Cash Acquisitions	-8.28	0	-	-
Investment in Securities	-15	-2	-14.28	24.37
Other Investing Activities	0.2	0.46	-	37.5
Investing Cash Flow	-219.36	-192.45	-255.2	-123.75
Long-Term Debt Issued	715.87	997.74	771.1	1,096
Long-Term Debt Repaid	-869.72	-494.26	-810.82	-844.48
Net Debt Issued (Repaid)	-153.85	503.49	-39.71	251.52
Issuance of Common Stock	-	34.27	22.89	366
Repurchase of Common Stock	-28.51	-87.13	-63.37	-
Common Dividends Paid	-33.5	-49.69	-56.37	-28.16
Other Financing Activities	313.91	-2.81	103.65	-17.31
Financing Cash Flow	98.05	398.13	-32.91	572.05
Foreign Exchange Rate Adjustments	1.13	1.45	3.13	-0.7
Net Cash Flow	-40.85	7.61	-307.89	340.56
Free Cash Flow	-116.97	-390.55	-264.85	-292.65
Free Cash Flow Margin	-4.66%	-17.99%	-11.02%	-10.47%
Free Cash Flow Per Share	-0.24	-0.79	-0.53	-0.62
Cash Income Tax Paid	26.87	29.01	80.84	73.3
Levered Free Cash Flow	-186.63	-233.65	-267.62	-275.58
Unlevered Free Cash Flow	-161.44	-210.75	-253.52	-252.15
Change in Working Capital	61.41	-109.56	-157.87	-318.07

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