GalaxyCore 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	186.81	48.24	438.82	1,258
Depreciation & Amortization	1,072	536.12	123.91	80.57
Other Amortization	2.6	3.27	2.31	1.39
Loss (Gain) From Sale of Assets	2.83	-0.04	-0.03	-0.01
Asset Writedown & Restructuring Costs	0.12	0.01	0.01	0.37
Loss (Gain) From Sale of Investments	-16.95	140.95	-46.3	-0.4
Stock-Based Compensation	26.36	9.67	16.91	39.43
Provision & Write-off of Bad Debts	-0.18	0.51	0.11	-1.01
Other Operating Activities	385.02	265.66	561.66	171.76
Change in Accounts Receivable	33	242.55	111.42	342.06
Change in Inventory	-1,371	-1,245	-314.2	-1,502
Change in Accounts Payable	837.84	491.72	-427.51	56.39
Change in Unearned Revenue	-80.54	-23.29	-12.34	-12.5
Operating Cash Flow	957.47	405.05	442.91	439.41
Operating Cash Flow Growth	136.38%	-8.55%	0.80%	-
Capital Expenditures	-1,638	-1,165	-4,688	-3,816
Sale of Property, Plant & Equipment	3.35	0.07	0.09	0.02
Investment in Securities	-7	-7	-19.34	-81.77
Other Investing Activities	-61.46	0.4	0	0.4
Investing Cash Flow	-1,703	-1,171	-4,708	-3,898
Long-Term Debt Issued	6,168	5,120	9,962	4,820
Long-Term Debt Repaid	-4,666	-3,372	-5,505	-2,543
Net Debt Issued (Repaid)	1,502	1,748	4,457	2,277
Issuance of Common Stock	15.22	167.24	-	3,539
Repurchase of Common Stock	-298.27	-149.89	-	-
Common Dividends Paid	-339.89	-383.26	-175.95	-123.2
Dividends Paid	-339.89	-383.26	-175.95	-123.2
Other Financing Activities	13.85	-22.98	-10.66	-21.55
Financing Cash Flow	893.07	1,359	4,271	5,672
Foreign Exchange Rate Adjustments	-0.15	0.23	1.28	-1.37
Net Cash Flow	146.93	592.72	7.35	2,212
Free Cash Flow	-680.88	-759.91	-4,245	-3,377
Free Cash Flow Margin	-10.67%	-16.18%	-71.43%	-48.24%
Free Cash Flow Per Share	-0.26	-0.32	-1.65	-1.37
Cash Income Tax Paid	-701.65	-322.15	-83.1	-342.03
Levered Free Cash Flow	-2,268	-1,570	-4,315	-3,793
Unlevered Free Cash Flow	-2,064	-1,441	-4,247	-3,729
Change in Working Capital	-701.01	-599.36	-654.49	-1,111

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