Shenyang Machine Tool Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	76.83	7.06	34.76	25.76	-863.32	-722.76
Depreciation & Amortization	89.99	89.99	98.33	75.49	266.98	200.55
Other Amortization	6.93	6.93	3.4	2.84	19.56	15.75
Loss (Gain) From Sale of Assets	-3.13	-3.13	-13.8	-	-144.59	-0.77
Asset Writedown & Restructuring Costs	3.28	3.28	0.92	-11.19	335.02	0
Loss (Gain) From Sale of Investments	-14.58	-14.58	-40.83	-156.87	-43.25	-100.73
Provision & Write-off of Bad Debts	-2.04	-2.04	0.3	29.1	14.96	84.68
Other Operating Activities	365.67	68.74	46.37	54.1	183.56	86.76
Change in Accounts Receivable	-204.64	-204.64	259.09	-162.57	406.88	-75.15
Change in Inventory	13.54	13.54	8.78	37.35	-135.05	-176.6
Change in Accounts Payable	4.9	4.9	-249.98	-174.03	-355.82	-224.08
Operating Cash Flow	336.47	-30.23	148.05	-258.02	-309.39	-908.19
Capital Expenditures	-63.63	-86.81	-30.06	-68.88	-12.86	-4.11
Sale of Property, Plant & Equipment	14.55	12.24	39.29	-	248.87	4.85
Investment in Securities	-13.47	-	0.02	-	-	-
Other Investing Activities	-100.52	0.5	-1.46	0.88	-19.6	0.34
Investing Cash Flow	-163.07	-74.06	7.79	-68	216.41	1.07
Long-Term Debt Issued	-	707.53	260	32	200	-
Short-Term Debt Repaid	-	-561.23	-563.85	-629.89	-	-
Long-Term Debt Repaid	-	-16.25	-14.81	-32	-445.79	-328.28
Total Debt Repaid	-886.11	-577.48	-578.66	-661.89	-445.79	-328.28
Net Debt Issued (Repaid)	-123.95	130.05	-318.66	-629.89	-245.79	-328.28
Issuance of Common Stock	1,690	-	-	1,492	-	-
Common Dividends Paid	-32.67	-34.81	-32.19	-59.55	-63.18	-83.09
Other Financing Activities	57.61	60	-	-3.22	-90	-
Financing Cash Flow	1,591	155.23	-350.85	799.35	-398.98	-411.37
Foreign Exchange Rate Adjustments	0.01	-0	-	-	-	-
Net Cash Flow	1,764	50.95	-195.02	473.33	-491.96	-1,318
Free Cash Flow	272.84	-117.03	117.99	-326.9	-322.25	-912.3
Free Cash Flow Margin	18.01%	-7.78%	7.86%	-19.57%	-18.97%	-67.92%
Free Cash Flow Per Share	0.14	-0.06	0.06	-0.13	-0.19	-0.54
Cash Income Tax Paid	-	27.77	47.24	-20.93	11.14	14.16
Levered Free Cash Flow	101.44	-121.49	-331.91	-233.44	-441.7	-829.89
Unlevered Free Cash Flow	120.58	-101.34	-309.44	-194.95	-389.35	-769.88
Change in Working Capital	-186.48	-186.48	18.6	-277.25	-78.3	-471.57

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.