Hunan Investment 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	46	81.42	148.7	35.4	51.89	86.85
Depreciation & Amortization	55.16	55.16	51.04	50.66	53.51	50.54
Other Amortization	17.22	17.22	18.33	18.28	10.89	11.33
Loss (Gain) From Sale of Assets	1.34	1.34	0.01	-	-0.94	-0.06
Asset Writedown & Restructuring Costs	2.77	2.77	-0.01	-	0.05	0
Loss (Gain) From Sale of Investments	-	-	-	-	-	-56.11
Provision & Write-off of Bad Debts	2.81	2.81	1.82	0.92	-21.46	1.17
Other Operating Activities	-60.04	25.33	17.05	8.89	19.32	-1.66
Change in Accounts Receivable	7.73	7.73	55.41	-37.67	34	48.77
Change in Inventory	256.5	256.5	434.26	-312.87	-490.86	-59.7
Change in Accounts Payable	-340.58	-340.58	-348.72	774.08	-51.13	-202.43
Operating Cash Flow	-12.55	108.25	378.19	537.71	-395.64	-121.33
Operating Cash Flow Growth	-	-71.38%	-29.67%	-	-	-
Capital Expenditures	-23.77	-7.35	-7.5	-25.69	-26.83	-43.27
Sale of Property, Plant & Equipment	-0.24	-	0.06	-	1.13	0.08
Divestitures	-	-	-	-	-	58.99
Investment in Securities	-18.64	-22.17	-	-	-	24.23
Other Investing Activities	15.44	18.52	15	-	-	-
Investing Cash Flow	-27.21	-11	7.57	-25.69	-25.71	40.04
Long-Term Debt Issued	-	-	150	150	575	150
Total Debt Issued	-	-	150	150	575	150
Long-Term Debt Repaid	-	-16.15	-372.42	-384.22	-154.77	-
Total Debt Repaid	-66.15	-16.15	-372.42	-384.22	-154.77	-
Net Debt Issued (Repaid)	-66.15	-16.15	-222.42	-234.22	420.23	150
Common Dividends Paid	-28.21	-49.64	-25.1	-40.65	-17.85	-1.07
Other Financing Activities	1.02	-	-	-	-	-
Financing Cash Flow	-93.35	-65.8	-247.51	-274.87	402.38	148.93
Net Cash Flow	-133.11	31.45	138.25	237.15	-18.97	67.64
Free Cash Flow	-36.32	100.89	370.7	512.02	-422.48	-164.59
Free Cash Flow Growth	-	-72.78%	-27.60%	-	-	-
Free Cash Flow Margin	-7.33%	15.98%	29.66%	123.26%	-98.56%	-37.75%
Free Cash Flow Per Share	-0.07	0.20	0.75	1.01	-0.81	-0.32
Cash Income Tax Paid	120.93	113.4	131.73	60.01	31.41	30.57
Levered Free Cash Flow	5.59	302.76	391.66	463.76	-426.81	-257.76
Unlevered Free Cash Flow	9.38	307.64	397.92	468.93	-419.59	-256.98
Change in Working Capital	-77.81	-77.81	141.23	423.55	-508.9	-213.4

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