Huatian Hotel Group 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	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Net Income	-225.89	-181.26	-121.65	-310.7	84.23	-513.31
Depreciation & Amortization	173.23	173.23	185.8	214.79	223.45	174.16
Other Amortization	23.7	23.7	27.17	27.33	41.18	42.16
Loss (Gain) From Sale of Assets	-0.72	-0.72	-0.6	-57	0	-0.14
Asset Writedown & Restructuring Costs	-4.4	-4.4	-1.5	0.97	1.69	0.31
Loss (Gain) From Sale of Investments	15.11	15.11	-106.74	8.53	-403.6	8.01
Provision & Write-off of Bad Debts	-2.59	-2.59	4.32	3.72	7.71	4.29
Other Operating Activities	69.62	61.42	95.88	82.66	132.8	236.57
Change in Accounts Receivable	37.52	37.52	-30.18	89.04	-317.09	-16.62
Change in Inventory	24.34	24.34	172.7	-10.68	20.35	2
Change in Accounts Payable	-55.49	-55.49	-157.16	-40.17	270.7	5.91
Operating Cash Flow	51.39	87.81	88.86	5.09	32.81	-61.29
Operating Cash Flow Growth	-15.76%	-1.18%	1646.55%	-84.49%	-	-
Capital Expenditures	-47.3	-60.74	-12.98	-75.34	-86.58	-137.04
Sale of Property, Plant & Equipment	0.8	1.3	0.48	83.76	0.24	0.38
Divestitures	-1	-1	2.73	-	690.64	194.13
Investment in Securities	-	-2	40.71	-	-	3.08
Other Investing Activities	21.07	20.04	130.13	68.31	197.63	0.82
Investing Cash Flow	-26.43	-42.4	161.08	76.73	801.94	61.37
Short-Term Debt Issued	-	-	-	-	419.31	400
Long-Term Debt Issued	-	1,680	1,999	2,303	2,350	1,857
Total Debt Issued	1,970	1,680	1,999	2,303	2,769	2,257
Short-Term Debt Repaid	-	-19.93	-19.87	-86.37	-160.9	-39.07
Long-Term Debt Repaid	-	-1,667	-2,151	-2,183	-3,183	-2,094
Total Debt Repaid	-1,911	-1,687	-2,171	-2,269	-3,344	-2,133
Net Debt Issued (Repaid)	59.11	-7.52	-172.38	33.79	-574.85	124.38
Common Dividends Paid	-65.24	-69.94	-90.51	-111.08	-146.04	-196.29
Other Financing Activities	-0.73	-	-0.53	-	4.8	-1.41
Financing Cash Flow	-6.86	-77.46	-263.42	-77.3	-716.1	-73.33
Net Cash Flow	18.1	-32.05	-13.49	4.52	118.65	-73.24
Free Cash Flow	4.08	27.08	75.88	-70.25	-53.77	-198.33
Free Cash Flow Growth	-83.69%	-64.32%	-	-	-	-
Free Cash Flow Margin	0.75%	4.48%	11.04%	-14.83%	-9.05%	-38.48%
Free Cash Flow Per Share	0.00	0.03	0.07	-0.07	-0.05	-0.20
Cash Income Tax Paid	51.09	43.76	44.7	25.46	59.95	31.93
Levered Free Cash Flow	-38.66	-19.32	-62.75	-154.44	-14.36	823.36
Unlevered Free Cash Flow	19.83	42.28	14.78	-72.08	107.63	948.51
Change in Working Capital	3.31	3.31	6.18	34.79	-54.66	-13.34

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