Shandong Jinling Mining 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	Jan '22 Jan 1, 2022
Net Income	268.09	203.96	235.25	203.11	127.96
Depreciation & Amortization	49.2	45.09	41.9	39.96	40.8
Other Amortization	0.1	-	-	-	-
Loss (Gain) From Sale of Assets	-27.34	-11.83	-1.68	-0	-0.1
Asset Writedown & Restructuring Costs	0.23	5.26	-	0.23	-
Loss (Gain) From Sale of Investments	-82.26	-101.9	-99.88	-99.55	-122.66
Provision & Write-off of Bad Debts	1.09	-1.12	-8.87	-4.63	-5.28
Other Operating Activities	7.25	6.02	4.84	5.11	10.54
Change in Accounts Receivable	-99.55	-106.42	188.04	201.6	149.45
Change in Inventory	40.62	-27.06	-3.42	-0.49	5.73
Change in Accounts Payable	121.12	48.74	-25.55	-57.17	209.09
Operating Cash Flow	288.67	62.78	341.2	283.38	419.72
Operating Cash Flow Growth	359.84%	-81.60%	20.40%	-32.48%	240.76%
Capital Expenditures	-89.82	-114.35	-71.24	-36.77	-27.55
Sale of Property, Plant & Equipment	4.49	6.46	3.68	0.01	-
Investment in Securities	-1,993	-	-	-	-
Other Investing Activities	3.23	138.68	127.79	165.79	37.32
Investing Cash Flow	-2,075	30.79	60.24	129.04	9.76
Short-Term Debt Issued	46	-	-	-	-
Total Debt Issued	46	-	-	-	-
Short-Term Debt Repaid	-	-1	-	-	-
Long-Term Debt Repaid	-11.32	-1.32	-	-	-
Total Debt Repaid	-11.32	-2.32	-	-	-
Net Debt Issued (Repaid)	34.68	-2.32	-	-	-
Common Dividends Paid	-125.76	-114.43	-29.77	-29.77	-59.53
Other Financing Activities	-1.2	-2.1	-	-	-
Financing Cash Flow	-92.29	-118.86	-29.77	-29.77	-59.53
Net Cash Flow	-1,879	-25.29	371.68	382.65	369.95
Free Cash Flow	198.85	-51.57	269.96	246.61	392.17
Free Cash Flow Growth	-	-	9.47%	-37.11%	257.27%
Free Cash Flow Margin	11.95%	-3.34%	18.57%	17.96%	21.52%
Free Cash Flow Per Share	0.33	-0.09	0.45	0.41	0.66
Cash Income Tax Paid	174.57	98.09	119.86	134.76	220.43
Levered Free Cash Flow	-79.32	-60.96	210.84	205.16	208.87
Unlevered Free Cash Flow	-79.32	-60.96	210.84	205.16	208.87
Change in Working Capital	72.32	-82.71	169.64	139.15	368.45

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