Guangdong Goworld 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	222.45	215.77	195.99	416.79	375.7
Depreciation & Amortization	306.04	309.64	282.36	224.32	213.53
Other Amortization	21.21	18.45	15.02	18.83	15.25
Loss (Gain) From Sale of Assets	2.66	0.49	0.46	2.94	0.13
Asset Writedown & Restructuring Costs	24.46	34.7	18.76	12.27	37.83
Loss (Gain) From Sale of Investments	-13.95	-16.56	-3.52	0.98	-9.96
Other Operating Activities	91.32	82.34	92.12	119.03	113.55
Change in Accounts Receivable	-46.64	-205.37	323.77	73.62	-510.41
Change in Inventory	-91.75	-71.47	78.28	178.9	-405.68
Change in Accounts Payable	174.23	112.71	-346.36	-207.77	774.96
Operating Cash Flow	686.74	465.87	665.31	842.24	601.43
Operating Cash Flow Growth	47.41%	-29.98%	-21.01%	40.04%	46.74%
Capital Expenditures	-189.29	-298.38	-492.4	-576.99	-754.73
Sale of Property, Plant & Equipment	3.29	0.07	1.1	1.49	2.49
Investment in Securities	-274.72	-	0.72	-	1.55
Other Investing Activities	16.22	16.79	3.73	-1.57	12.55
Investing Cash Flow	-444.5	-281.52	-486.84	-577.08	-738.14
Long-Term Debt Issued	526.06	277.04	517.04	873.46	621.93
Long-Term Debt Repaid	-655.59	-548.25	-444.88	-610.24	-503.05
Net Debt Issued (Repaid)	-129.53	-271.22	72.16	263.23	118.88
Common Dividends Paid	-139.04	-94.91	-100.19	-83.52	-85.28
Other Financing Activities	-29.3	-43.48	-46.89	-52.21	-25.08
Financing Cash Flow	-297.87	-409.61	-74.92	127.49	8.52
Foreign Exchange Rate Adjustments	14.26	26.65	11.13	9.79	-10.57
Net Cash Flow	-41.37	-198.6	114.68	402.45	-138.76
Free Cash Flow	497.45	167.49	172.91	265.25	-153.3
Free Cash Flow Growth	197.01%	-3.14%	-34.81%	-	-
Free Cash Flow Margin	7.86%	2.91%	3.17%	3.98%	-2.28%
Free Cash Flow Per Share	0.93	0.31	0.32	0.48	-0.28
Cash Interest Paid	-	-	-	-	1.02
Cash Income Tax Paid	-77.25	-83.13	-123.16	-82.39	-140.95
Levered Free Cash Flow	337.5	-63.97	56.22	-127.75	-332.93
Unlevered Free Cash Flow	370.82	-22.43	99.4	-96.44	-306.58
Change in Working Capital	32.55	-178.96	64.11	47.1	-144.61

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