Qingdao Foods 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	103.65	97.48	86.11	91.43	68.04	79.1
Depreciation & Amortization	5.89	5.89	7.35	7.39	7.6	8.17
Other Amortization	0.74	0.74	-	-	-	-
Loss (Gain) From Sale of Assets	-	-	-0.02	-	-	0.09
Asset Writedown & Restructuring Costs	-	-	0.01	0.32	0	-
Loss (Gain) From Sale of Investments	-14.74	-14.74	-23.29	-22.47	-10.51	-17.68
Provision & Write-off of Bad Debts	0.48	0.48	-0.07	-0.28	-0.31	0.17
Other Operating Activities	56.86	-2.2	0.72	1.87	0.23	0.18
Change in Accounts Receivable	-14.16	-14.16	3.07	-1.98	-0.06	0.56
Change in Inventory	-3.58	-3.58	-4.82	5.05	-	2.84
Change in Accounts Payable	25.24	25.24	5.34	18.19	-3.16	3.46
Change in Unearned Revenue	-	-	-	-	-	-0.09
Change in Other Net Operating Assets	0.02	0.02	-0.14	0.39	-0.16	-
Operating Cash Flow	158.3	93.07	73.31	98.47	63.46	73.58
Operating Cash Flow Growth	69.19%	26.96%	-25.56%	55.17%	-13.75%	1.49%
Capital Expenditures	-7.74	-6.69	-5.76	-2.6	-3.21	-2.58
Sale of Property, Plant & Equipment	0.27	-	0.1	0.02	0.02	0.16
Investment in Securities	-71	6.95	-70	-370	-70	-60
Other Investing Activities	11.25	19.39	24.21	22.76	7.96	19.36
Investing Cash Flow	-67.22	19.65	-51.46	-349.82	-65.23	-43.06
Common Dividends Paid	-57.34	-44.08	-34.12	-26.32	-32.56	-31.87
Dividends Paid	-57.34	-44.08	-34.12	-26.32	-32.56	-31.87
Other Financing Activities	-	-	-	-	360.66	-3.6
Financing Cash Flow	-55.87	-44.08	-34.12	-26.32	328.11	-35.47
Foreign Exchange Rate Adjustments	0.03	0.46	0.05	0.01	-0	-0.01
Net Cash Flow	35.24	69.1	-12.21	-277.66	326.34	-4.96
Free Cash Flow	150.57	86.38	67.54	95.87	60.26	71
Free Cash Flow Growth	68.15%	27.89%	-29.55%	59.11%	-15.14%	10.36%
Free Cash Flow Margin	27.18%	16.43%	13.80%	19.41%	13.88%	14.78%
Free Cash Flow Per Share	0.78	0.44	0.35	0.49	0.39	0.49
Cash Income Tax Paid	75.22	68.36	67.98	58.45	50.88	58.32
Levered Free Cash Flow	194.64	87.39	60.12	86.73	51.01	65.87
Unlevered Free Cash Flow	194.64	87.39	60.12	86.73	51.01	65.87
Change in Working Capital	5.44	5.44	2.5	20.21	-1.59	3.56

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