Kingfore Energy Group 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	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Net Income	75.54	48.69	12.22	96.13	129.42	127.35
Depreciation & Amortization	79.35	79.35	71.14	75.63	70.07	70.83
Other Amortization	13.94	13.94	12.49	11.63	9.96	7.58
Loss (Gain) on Sale of Assets	-1.69	-1.69	-0.48	0.37	-1.24	-1.32
Loss (Gain) on Sale of Investments	47.27	47.27	106.1	-11.59	-3.05	-1.14
Asset Writedown	13.3	13.3	0.19	16.44	7.9	0.13
Change in Accounts Receivable	-123.35	-123.35	-39.77	-51.08	-42.7	-8.84
Change in Inventory	-20.82	-20.82	3.14	-0.93	-4.65	-4.07
Change in Accounts Payable	139.9	139.9	30.06	4.27	16.77	-15.41
Other Operating Activities	13.08	5.02	6.93	6.21	5.47	4.51
Operating Cash Flow	268.3	233.38	200.65	156.53	193.71	180.3
Operating Cash Flow Growth	20.46%	16.31%	28.18%	-19.19%	7.43%	-28.30%
Capital Expenditures	-206.54	-205.29	-105.75	-114.43	-105.1	-70.04
Sale of Property, Plant & Equipment	15.95	9.86	5.13	0.03	0.05	1.42
Cash Acquisitions	-9.77	-11.71	-18.63	-22.58	-	-
Investment in Securities	624.63	675.98	1,048	1,085	420	-
Other Investing Activities	113.65	-6.24	14.4	9.88	4.94	20.11
Investing Cash Flow	-117.07	-192.4	-6.85	-247.09	-290.11	-48.51
Short-Term Debt Issued	-	-	-	-	-	15
Long-Term Debt Issued	-	-	18.65	19.8	0.9	-
Total Debt Issued	66.13	-	18.65	19.8	0.9	15
Long-Term Debt Repaid	-	-0.88	-48.93	-39.95	-15.64	-
Net Debt Issued (Repaid)	65.25	-0.88	-30.28	-20.15	-14.74	15
Issuance of Common Stock	-	-	-	-	590.58	-
Common Dividends Paid	-45.37	-18.51	-50.45	-50.48	-0.25	-80.48
Other Financing Activities	1.86	15.49	-29.68	-0.05	-25.98	2.8
Financing Cash Flow	21.75	-3.91	-110.41	-70.67	549.61	-62.68
Net Cash Flow	172.97	37.07	83.4	-161.23	453.21	69.11
Free Cash Flow	61.76	28.09	94.9	42.11	88.61	110.26
Free Cash Flow Growth	-36.70%	-70.40%	125.37%	-52.48%	-19.64%	-21.54%
Free Cash Flow Margin	5.45%	2.62%	9.81%	4.83%	11.21%	14.54%
Free Cash Flow Per Share	0.39	0.18	0.58	0.27	0.66	0.94
Cash Income Tax Paid	33.91	31.27	21.75	-10.6	20.8	15.84
Levered Free Cash Flow	0.89	7.9	26.41	17.8	59.56	14.68
Unlevered Free Cash Flow	1.55	7.97	26.98	18.15	59.71	15
Change in Working Capital	-9.07	-9.07	-24.49	-38.3	-24.83	-27.63

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