Hangzhou Fuen Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	274.83	229.25	276.58
Depreciation & Amortization	39.57	39.39	40.72
Other Amortization	0.24	0.56	0.52
Loss (Gain) From Sale of Assets	-0.44	-0.02	-0.59
Asset Writedown & Restructuring Costs	22.17	0.08	0.02
Loss (Gain) From Sale of Investments	-5.98	-0.03	12.45
Provision & Write-off of Bad Debts	-	0.53	3.68
Other Operating Activities	-1.96	13.46	-6.64
Change in Accounts Receivable	-93.64	26.74	-29.88
Change in Inventory	-55.5	-24.35	-28.29
Change in Accounts Payable	185.12	-206.05	58.38
Change in Other Net Operating Assets	8.39	7.78	-0.29
Operating Cash Flow	372.03	85.96	327.61
Operating Cash Flow Growth	332.78%	-73.76%	-
Capital Expenditures	-179.13	-73.65	-45.2
Sale of Property, Plant & Equipment	0.53	1.01	5.41
Investment in Securities	-	-	20.44
Other Investing Activities	-126.55	-100.07	90.22
Investing Cash Flow	-305.15	-172.71	70.86
Short-Term Debt Issued	-	-	1.1
Long-Term Debt Issued	10	-	-
Total Debt Issued	10	-	1.1
Short-Term Debt Repaid	-	-2	-5.1
Total Debt Repaid	-	-2	-5.1
Net Debt Issued (Repaid)	10	-2	-4
Issuance of Common Stock	-	-	45
Common Dividends Paid	-0.17	-23.56	-407.82
Other Financing Activities	-	-0.06	0.04
Financing Cash Flow	9.83	-25.62	-366.78
Foreign Exchange Rate Adjustments	3.45	4.69	19.89
Net Cash Flow	80.17	-107.68	51.59
Free Cash Flow	192.9	12.31	282.41
Free Cash Flow Growth	1466.95%	-95.64%	-
Free Cash Flow Margin	10.64%	0.81%	16.01%
Free Cash Flow Per Share	1.10	0.08	1.34
Cash Income Tax Paid	-0.6	6.58	0.16
Levered Free Cash Flow	262.75	-129.18	-
Unlevered Free Cash Flow	262.75	-129.18	-
Change in Working Capital	43.6	-197.24	0.88