Shenyang Machine Tool Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Net Income	5.71	7.06	34.76	25.76	-863.32
Depreciation & Amortization	147.07	89.99	98.33	75.49	266.98
Other Amortization	6.36	6.93	3.4	2.84	19.56
Loss (Gain) From Sale of Assets	-4.56	-3.13	-13.8	-	-144.59
Asset Writedown & Restructuring Costs	50.87	3.28	0.92	-11.19	335.02
Loss (Gain) From Sale of Investments	-8.91	-14.58	-40.83	-156.87	-43.25
Provision & Write-off of Bad Debts	-	-2.04	0.3	29.1	14.96
Other Operating Activities	29.46	68.74	46.37	54.1	183.56
Change in Accounts Receivable	-240.73	-204.64	259.09	-162.57	406.88
Change in Inventory	16.31	13.54	8.78	37.35	-135.05
Change in Accounts Payable	486.52	4.9	-249.98	-174.03	-355.82
Operating Cash Flow	497.47	-30.23	148.05	-258.02	-309.39
Capital Expenditures	-37.14	-86.81	-30.06	-68.88	-12.86
Sale of Property, Plant & Equipment	13.49	12.24	39.29	-	248.87
Investment in Securities	-12.62	-	0.02	-	-
Other Investing Activities	-59.61	0.5	-1.46	0.88	-19.6
Investing Cash Flow	-95.88	-74.06	7.79	-68	216.41
Long-Term Debt Issued	550.85	707.53	260	32	200
Short-Term Debt Repaid	-	-561.23	-563.85	-629.89	-
Long-Term Debt Repaid	-1,262	-16.25	-14.81	-32	-445.79
Total Debt Repaid	-1,262	-577.48	-578.66	-661.89	-445.79
Net Debt Issued (Repaid)	-710.67	130.05	-318.66	-629.89	-245.79
Issuance of Common Stock	1,690	-	-	1,492	-
Common Dividends Paid	-28.09	-34.81	-32.19	-59.55	-63.18
Other Financing Activities	-12.07	60	-	-3.22	-90
Financing Cash Flow	938.97	155.23	-350.85	799.35	-398.98
Foreign Exchange Rate Adjustments	0.75	-0	-	-	-
Net Cash Flow	1,341	50.95	-195.02	473.33	-491.96
Free Cash Flow	460.33	-117.03	117.99	-326.9	-322.25
Free Cash Flow Margin	12.31%	-7.78%	7.86%	-19.57%	-18.97%
Free Cash Flow Per Share	0.19	-0.06	0.06	-0.13	-0.19
Cash Income Tax Paid	76.42	27.77	47.24	-20.93	11.14
Levered Free Cash Flow	458.86	-121.49	-331.91	-233.44	-441.7
Unlevered Free Cash Flow	458.86	-101.34	-309.44	-194.95	-389.35
Change in Working Capital	271.48	-186.48	18.6	-277.25	-78.3

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