Hunan Valin Wire & Cable 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Net Income	114.96	109.06	86.5	109.82	134.57	93.63
Depreciation & Amortization	47.79	47.79	50.13	35.06	23.52	18.53
Other Amortization	2.08	2.08	-	-	-	-
Loss (Gain) From Sale of Assets	-0.24	-0.24	-0.41	-	-5.19	-0.3
Asset Writedown & Restructuring Costs	-	-	-	-0.03	20.86	15.82
Loss (Gain) From Sale of Investments	-27.3	-27.3	-11.57	-25.96	-1.19	-1.39
Provision & Write-off of Bad Debts	31.32	31.32	17.62	21.78	-	-
Other Operating Activities	-76.69	24.78	26.55	36.16	20.21	15.77
Change in Accounts Receivable	-561.86	-561.86	-286.94	-683.52	-570.74	-156.57
Change in Inventory	-54.97	-54.97	-31.02	-76.17	-128.58	53.83
Change in Accounts Payable	698.62	698.62	410.74	641.13	218.45	76.05
Operating Cash Flow	165.91	261.47	257.81	55.27	-297.7	111.51
Operating Cash Flow Growth	-65.75%	1.42%	366.46%	-	-	88.23%
Capital Expenditures	-135.03	-91.56	-69.6	-	-39.11	-26.12
Sale of Property, Plant & Equipment	0.27	0.76	0.44	0.22	5.63	2.78
Cash Acquisitions	-	-	-	-58.84	-	-
Investment in Securities	211.88	-50	-323.88	-280.28	-198.39	-
Other Investing Activities	-259.77	4.97	4.23	-1	-	-
Investing Cash Flow	-182.66	-135.83	-388.8	-339.9	-231.87	-23.33
Long-Term Debt Issued	-	1,104	1,206	630	595	398
Long-Term Debt Repaid	-	-1,195	-754.09	-664.97	-336.97	-435.5
Net Debt Issued (Repaid)	-351.64	-90.64	451.91	-34.97	258.03	-37.5
Issuance of Common Stock	1,212	-	-	-	450.61	-
Common Dividends Paid	-54.92	-51.03	-50.41	-37.62	-72.88	-15.08
Other Financing Activities	-0.41	-0.45	-300.98	288.8	-2.24	-5.47
Financing Cash Flow	804.6	-142.12	100.52	216.21	633.52	-58.05
Net Cash Flow	787.85	-16.49	-30.47	-68.43	103.95	30.13
Free Cash Flow	30.88	169.91	188.22	55.27	-336.81	85.39
Free Cash Flow Growth	-92.61%	-9.72%	240.54%	-	-	87.88%
Free Cash Flow Margin	0.70%	4.09%	5.42%	1.83%	-13.24%	5.03%
Free Cash Flow Per Share	0.06	0.32	0.35	0.11	-0.73	0.21
Cash Interest Paid	-	-	-	1.61	-	-
Cash Income Tax Paid	46.61	53.8	71	88.17	67.26	61.52
Levered Free Cash Flow	198.66	256.17	-57.17	383.09	-280.48	7.63
Unlevered Free Cash Flow	211.79	272.28	-41.4	397.51	-267.98	19.14
Change in Working Capital	73.98	73.98	88.99	-121.57	-490.48	-30.55

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