SINOTECH Company 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	-26.21	42.32	-87.27	10.41
Depreciation & Amortization	53.66	32.91	26.84	23.69
Other Amortization	3.26	1.29	0.51	0.2
Loss (Gain) From Sale of Assets	-3.63	-0.01	-	-
Asset Writedown & Restructuring Costs	1.64	0.13	3.1	5.12
Loss (Gain) From Sale of Investments	-15.84	-13.12	-14.89	-0.19
Provision & Write-off of Bad Debts	-0.09	-0.98	-2	4.01
Other Operating Activities	35.75	18.21	32.54	14.76
Change in Accounts Receivable	11.69	-394.11	253.54	390.53
Change in Inventory	-4.94	-94.32	-124.41	57.3
Change in Accounts Payable	-183.16	34.95	-107.72	-280.89
Change in Other Net Operating Assets	-11.24	18.17	-8.91	-7.62
Operating Cash Flow	-156.88	-360.85	-53.83	207.27
Capital Expenditures	-134.91	-69.93	-151.23	-98.76
Sale of Property, Plant & Equipment	0.26	0.21	0	0.05
Cash Acquisitions	-11.97	-	-	-
Investment in Securities	111.76	395.01	-55	-380
Other Investing Activities	5.52	-521.88	14.26	-
Investing Cash Flow	-29.33	-196.59	-191.97	-478.7
Long-Term Debt Issued	439.7	223.92	70	374.12
Total Debt Issued	439.7	223.92	70	374.12
Short-Term Debt Repaid	-	-	-	-0.5
Long-Term Debt Repaid	-234.24	-10.22	-171.03	-707.65
Total Debt Repaid	-234.24	-10.22	-171.03	-708.15
Net Debt Issued (Repaid)	205.46	213.7	-101.03	-334.03
Issuance of Common Stock	-	-	-	1,434
Repurchase of Common Stock	-33	-22	-	-
Common Dividends Paid	-8.15	-2.99	-28.61	-16.2
Dividends Paid	-8.15	-2.99	-28.61	-16.2
Other Financing Activities	3	-	-	-33.21
Financing Cash Flow	167.3	188.71	-129.64	1,051
Foreign Exchange Rate Adjustments	-0.05	0.12	-0	-0.02
Net Cash Flow	-18.95	-368.62	-375.44	779.4
Free Cash Flow	-291.79	-430.78	-205.06	108.52
Free Cash Flow Margin	-18.65%	-27.90%	-45.83%	11.28%
Free Cash Flow Per Share	-2.45	-3.56	-1.70	1.12
Cash Income Tax Paid	-8.48	27.34	-23.55	42.51
Levered Free Cash Flow	6.69	-394.61	-57.29	118.22
Unlevered Free Cash Flow	14.36	-390.55	-54.6	127.67
Change in Working Capital	-205.43	-441.59	-12.65	149.28

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