Sealand Securities Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	825.84	769.22	428.38	326.96	249.25	764.62
Depreciation & Amortization, Total	142.22	142.22	237.28	233.42	216.46	206.29
Gain (Loss) On Sale of Investments	-250.05	-250.05	-129.8	-253.01	92.83	-313.82
Change in Accounts Receivable	-2,587	-2,587	118.76	-324.82	1,964	-2,171
Change in Accounts Payable	6,874	6,874	-9,077	-3,705	-2,020	2,394
Other Operating Activities	10,428	302.61	368.99	572.4	608.28	869.77
Operating Cash Flow	14,450	4,268	-2,244	436.15	-2,526	1,057
Capital Expenditures	-94.26	-92.64	-100.77	-180.18	-187.07	-247.16
Investment in Securities	-3,576	-1,134	6,088	-3,467	7,644	4,761
Other Investing Activities	98.36	209.3	135.31	222.69	363.77	270.66
Investing Cash Flow	-3,571	-1,017	6,123	-3,424	7,821	4,784
Long-Term Debt Issued	-	9,770	914.79	5,334	5,944	7,601
Long-Term Debt Repaid	-	-7,825	-2,143	-9,026	-6,024	-7,408
Net Debt Issued (Repaid)	298.98	1,945	-1,229	-3,692	-80.58	193.49
Issuance of Common Stock	-	-	-	3,180	-	-
Common Dividends Paid	-548.92	-565.49	-598.95	-772.02	-655.52	-1,205
Other Financing Activities	-22.41	-25.22	-25.14	-61.92	-53.25	-45.35
Financing Cash Flow	-272.35	1,354	-1,853	-1,346	-789.35	-1,057
Foreign Exchange Rate Adjustments	-0.6	-0.35	0.26	0.19	1.06	-1.47
Net Cash Flow	10,606	4,604	2,027	-4,334	4,506	4,783
Free Cash Flow	14,356	4,175	-2,344	255.97	-2,713	809.36
Free Cash Flow Margin	391.69%	121.44%	-73.92%	6.15%	-75.48%	15.72%
Free Cash Flow Per Share	2.27	0.65	-0.37	0.05	-0.50	0.15
Cash Interest Paid	791.62	751.18	829.49	756.95	716.59	839.37
Cash Income Tax Paid	535.22	540.61	210.67	291.05	322.06	564.22