Shenzhen Breo 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	10.25	-50.87	-123.97	91.86
Depreciation & Amortization	64.43	65.49	76.98	76.24
Other Amortization	8.55	8.62	8.43	11.15
Loss (Gain) From Sale of Assets	-0.31	-0.26	0.48	-0.37
Asset Writedown & Restructuring Costs	0.37	0.86	1.09	4.77
Loss (Gain) From Sale of Investments	-8.24	-0.94	2.67	-0.71
Provision & Write-off of Bad Debts	2.56	0.85	3.48	0.96
Other Operating Activities	12.69	15.71	21.01	8.69
Change in Accounts Receivable	20.02	-3.24	27.74	-36.35
Change in Inventory	17.23	3.64	55.08	-67.98
Change in Accounts Payable	-42.72	32.5	-53.29	-0.24
Change in Other Net Operating Assets	-2.87	2.87	-	-
Operating Cash Flow	83.52	81.69	-2.23	86.92
Operating Cash Flow Growth	2.24%	-	-	27.36%
Capital Expenditures	-18.45	-23.34	-19.29	-27.39
Sale of Property, Plant & Equipment	0.01	0.01	0.01	0
Investment in Securities	9.3	20	85	-194.45
Other Investing Activities	1.46	0.83	2.16	0.43
Investing Cash Flow	-7.69	-2.49	67.87	-221.41
Short-Term Debt Issued	176	134.7	130	10
Total Debt Issued	176	134.7	130	10
Short-Term Debt Repaid	-91	-139.99	-50	-45
Long-Term Debt Repaid	-52.5	-52.85	-66	-75.24
Total Debt Repaid	-143.5	-192.84	-116	-120.24
Net Debt Issued (Repaid)	32.5	-58.14	14	-110.24
Issuance of Common Stock	-	-	-	390.68
Repurchase of Common Stock	-41.5	-20.01	-20	-
Common Dividends Paid	-5.45	-2.87	-39.23	-31.7
Dividends Paid	-5.45	-2.87	-39.23	-31.7
Other Financing Activities	-0.39	-0.28	-	-31.77
Financing Cash Flow	-14.84	-81.3	-45.23	216.97
Foreign Exchange Rate Adjustments	0.55	-0.73	1.55	-1
Net Cash Flow	61.55	-2.83	21.96	81.48
Free Cash Flow	65.07	58.35	-21.52	59.53
Free Cash Flow Growth	11.51%	-	-	21.48%
Free Cash Flow Margin	6.00%	4.58%	-2.40%	5.00%
Free Cash Flow Per Share	0.76	0.69	-0.25	0.81
Cash Income Tax Paid	28.32	43.22	31.48	43.83
Levered Free Cash Flow	102.07	73.69	23.43	30.02
Unlevered Free Cash Flow	107.11	77.12	28.05	34.64
Change in Working Capital	-6.79	42.23	7.6	-105.67

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