Huasu Holdings Co.,Ltd 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	-10.12	-13.93	12.62	-2.73	-5.65
Depreciation & Amortization	23.38	17.8	15.77	16.86	10.21
Other Amortization	0	0.06	-	3.4	0.52
Loss (Gain) From Sale of Assets	-0.06	0.07	-42.56	2.13	-17.42
Asset Writedown & Restructuring Costs	1.58	1.98	1.25	-	1.31
Loss (Gain) From Sale of Investments	-	-	-2.01	-4.7	-3.63
Provision & Write-off of Bad Debts	-	-0.48	0.35	1.1	1.98
Other Operating Activities	16.17	15.21	30.54	18.31	9.44
Change in Accounts Receivable	-22.87	-40.15	-77	-42.65	-41.06
Change in Inventory	-21.65	-14.68	-10.93	36.32	-37.76
Change in Accounts Payable	9.22	89.65	85.22	-12.54	-67.84
Operating Cash Flow	-5.83	55.02	12.49	17.67	-141.61
Operating Cash Flow Growth	-	340.47%	-29.32%	-	-
Capital Expenditures	-38.54	-16.14	-31.91	-28.61	-0.12
Sale of Property, Plant & Equipment	-	-	0	-	5.82
Cash Acquisitions	-4.34	-	-	-	-97.95
Divestitures	-	1	-32.82	10.79	-
Investment in Securities	-	-	-	21	-4.73
Other Investing Activities	10	-12.83	20.5	0.18	0.63
Investing Cash Flow	-32.89	-27.97	-44.23	3.36	-96.36
Short-Term Debt Issued	-	-	-	111	130
Long-Term Debt Issued	322	193	195	-	-
Total Debt Issued	322	193	195	111	130
Short-Term Debt Repaid	-	-	-10	-96.18	-20.04
Long-Term Debt Repaid	-175.19	-176.3	-118.99	-0.69	-
Total Debt Repaid	-175.19	-176.3	-128.99	-96.88	-20.04
Net Debt Issued (Repaid)	146.81	16.7	66.01	14.12	109.96
Common Dividends Paid	-6.39	-6.18	-5.8	-3.18	-2.07
Other Financing Activities	-82.56	-73.44	-11.96	-	-
Financing Cash Flow	57.86	-62.92	48.25	10.95	107.89
Foreign Exchange Rate Adjustments	1.61	5.57	0.89	2.4	-0.01
Net Cash Flow	20.76	-30.3	17.4	34.38	-130.09
Free Cash Flow	-44.37	38.88	-19.42	-10.93	-141.74
Free Cash Flow Margin	-5.87%	3.77%	-2.62%	-1.24%	-48.11%
Free Cash Flow Per Share	-0.04	0.04	-0.02	-0.01	-0.13
Cash Interest Paid	-	4.14	4.3	-	-
Cash Income Tax Paid	-44.65	-38.54	-6.68	-33.82	-4.77
Levered Free Cash Flow	-78.24	16	-54.51	-24.17	-212.55
Unlevered Free Cash Flow	-78.24	22.71	-47.77	-18.84	-211.17
Change in Working Capital	-36.78	34.3	-3.46	-16.69	-138.39

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