Guangxi Hechi Chemical 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Net Income	6.12	6.53	79.25	-11.56	-100.44	10.02
Depreciation & Amortization	18.1	18.1	16.8	15.45	12.83	12.66
Other Amortization	0.04	0.04	-	-	-	-
Loss (Gain) From Sale of Assets	-	-	-88.77	-	-	-
Asset Writedown & Restructuring Costs	0.08	0.08	3.38	0.35	91.52	0.06
Loss (Gain) From Sale of Investments	0.05	0.05	-0	-	-0.83	-1.44
Provision & Write-off of Bad Debts	-0.1	-0.1	-0.18	-0.41	-4.98	0.58
Other Operating Activities	-1.99	3.4	4.73	5.35	4.92	5.46
Change in Accounts Receivable	14.35	14.35	-16.13	0.03	26.63	-31.01
Change in Inventory	7.02	7.02	-15.62	16.33	-14.03	2.62
Change in Accounts Payable	4.17	4.17	-12.75	-4.21	-15.82	7.71
Change in Other Net Operating Assets	-	-	1.27	0.16	-	-
Operating Cash Flow	46.13	51.93	-28.04	20.93	0.8	6.71
Operating Cash Flow Growth	-	-	-	2517.25%	-88.09%	-90.00%
Capital Expenditures	-8.48	-7.52	-16.36	-12.36	-33.01	-5.54
Sale of Property, Plant & Equipment	0	0	94.1	0	2.4	-
Investment in Securities	-0.05	-0.05	-	-	48.5	-19.5
Other Investing Activities	-	-	0	-	1.89	0.41
Investing Cash Flow	-8.52	-7.56	77.75	-12.36	19.79	-24.62
Short-Term Debt Issued	-	-	-	5	5	5
Total Debt Issued	-	-	-	5	5	5
Short-Term Debt Repaid	-	-77.63	-18.11	-5	-5	-5
Long-Term Debt Repaid	-	-	-5	-	-	-
Total Debt Repaid	-77.63	-77.63	-23.11	-5	-5	-5
Net Debt Issued (Repaid)	-77.63	-77.63	-23.11	-	-	-
Repurchase of Common Stock	-	-	-2.24	-	-	-
Common Dividends Paid	-	-	-0.16	-0.17	-0.14	-0.57
Other Financing Activities	60	-	-	-	-	-
Financing Cash Flow	-17.63	-77.63	-25.51	-0.17	-0.14	-0.57
Foreign Exchange Rate Adjustments	-0.21	-0.07	0.41	-0.02	0.12	-0.95
Net Cash Flow	19.77	-33.33	24.61	8.38	20.56	-19.43
Free Cash Flow	37.65	44.41	-44.4	8.57	-32.21	1.17
Free Cash Flow Growth	-	-	-	-	-	-97.58%
Free Cash Flow Margin	21.38%	24.72%	-20.99%	4.57%	-20.05%	0.72%
Free Cash Flow Per Share	0.12	0.14	-0.12	0.02	-0.09	0.00
Cash Income Tax Paid	6.89	7.17	18.63	1.67	2.67	0.99
Levered Free Cash Flow	86.47	38.37	-33.9	14.05	-31.7	7.06
Unlevered Free Cash Flow	86.72	38.65	-32.32	16.49	-29.25	9.55
Change in Working Capital	23.83	23.83	-43.24	11.75	-2.23	-20.64

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