Moore Threads Technology Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-858.94	-1,001	-1,618	-1,673	-1,840
Depreciation & Amortization	104	104	159.06	189.33	179.14
Other Amortization	9.27	9.27	3.2	6.13	5.49
Loss (Gain) From Sale of Assets	0.01	0.01	0.62	0.01	-
Asset Writedown & Restructuring Costs	3.62	3.62	-	43.92	23.28
Loss (Gain) From Sale of Investments	-56.21	-56.21	-1.98	-15.53	-22.97
Stock-Based Compensation	-	-	-	119.71	524.51
Provision & Write-off of Bad Debts	7.68	7.68	0.26	45.95	0.03
Other Operating Activities	-365.69	511.01	195.99	12.43	8.27
Change in Accounts Receivable	-1,690	-1,690	-779.86	-67.98	-37.67
Change in Inventory	-802.02	-802.02	-412.18	-74.59	-289.2
Change in Accounts Payable	-42.52	-42.52	498.67	285.39	13.76
Operating Cash Flow	-3,691	-2,956	-1,955	-1,129	-1,435
Capital Expenditures	-1,346	-637.21	-91.84	-65.07	-166.18
Sale of Property, Plant & Equipment	-	-	-	0	-
Investment in Securities	-319.61	-1,177	79.8	250.4	939.14
Other Investing Activities	54.9	37.61	4.41	21.22	21.48
Investing Cash Flow	-1,611	-1,777	-7.63	206.55	794.44
Long-Term Debt Issued	-	3,143	1,601	607.58	65
Long-Term Debt Repaid	-	-1,661	-710.12	-0.5	-
Net Debt Issued (Repaid)	1,180	1,482	890.42	607.08	65
Issuance of Common Stock	7,606	7,606	5,205	587.22	1,101
Common Dividends Paid	-60.78	-52.19	-30.15	-8.92	-0.38
Other Financing Activities	-31.69	-21.32	-1.05	-28.39	-17.11
Financing Cash Flow	8,694	9,014	6,064	1,157	1,149
Foreign Exchange Rate Adjustments	-0.6	-0.83	-0.22	0.98	-9.81
Miscellaneous Cash Flow Adjustments	-	-	-	0	-
Net Cash Flow	3,391	4,280	4,102	235.99	498.63
Free Cash Flow	-5,037	-3,594	-2,046	-1,194	-1,601
Free Cash Flow Margin	-257.75%	-238.69%	-466.71%	-962.73%	-3473.97%
Free Cash Flow Per Share	-11.79	-8.87	-6.31	-	-
Cash Income Tax Paid	20.62	-3.22	-8.8	-72.74	-70.01
Levered Free Cash Flow	-	-3,056	-1,557	-467.89	-
Unlevered Free Cash Flow	-	-3,022	-1,538	-461.34	-
Change in Working Capital	-2,535	-2,535	-693.37	142.82	-313.11

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