Wuxi Chemical Equipment 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	247	255.16	165	230.5	229.29	193.09
Depreciation & Amortization	30.91	30.91	28.76	24.3	24.32	20.72
Other Amortization	0.76	0.76	-	-	-	0.5
Loss (Gain) From Sale of Assets	-0.02	-0.02	-0.01	-0.01	-0	-0.01
Asset Writedown & Restructuring Costs	1.6	1.6	0.22	0	2.28	4.86
Loss (Gain) From Sale of Investments	-5.87	-5.87	-14.07	-1.09	-	-0.02
Provision & Write-off of Bad Debts	72.31	72.31	4.79	19.65	6.68	2.36
Other Operating Activities	20.91	-0.42	21.98	-17.12	6.18	3.03
Change in Accounts Receivable	-40.28	-40.28	36.72	-394.11	-19.43	-106.29
Change in Inventory	102.1	102.1	-261.45	-128.57	21.56	-2.74
Change in Accounts Payable	-126.79	-126.79	360.36	252.39	-107.76	110.46
Change in Other Net Operating Assets	8.12	8.12	3.1	2.38	1.67	1.74
Operating Cash Flow	300.3	287.13	340.86	-13.54	164.11	226.69
Operating Cash Flow Growth	31.09%	-15.76%	-	-	-27.60%	67.05%
Capital Expenditures	-48.42	-101.05	-146.75	-114.97	-46.36	-33.74
Sale of Property, Plant & Equipment	0.08	0.11	0.06	0.09	0.1	0.12
Investment in Securities	-99.28	-99.28	314.28	-499.44	-	-
Other Investing Activities	70.18	-	-	-	-	0.02
Investing Cash Flow	-77.44	-200.21	167.59	-614.32	-46.26	-33.6
Long-Term Debt Repaid	-	-	-	-0.21	-0.41	-
Total Debt Repaid	-	-	-	-0.21	-0.41	-
Net Debt Issued (Repaid)	-	-	-	-0.21	-0.41	-
Issuance of Common Stock	5.29	23.58	-	1,122	-	-
Common Dividends Paid	-110	-109	-80	-200	-90	-
Other Financing Activities	-	-	-	-25.01	-0.47	-1
Financing Cash Flow	-104.71	-85.42	-80	896.99	-90.88	-1
Foreign Exchange Rate Adjustments	10.38	4.04	4.3	18.84	-6.18	-3.03
Net Cash Flow	128.53	5.54	432.75	287.98	20.79	189.06
Free Cash Flow	251.89	186.09	194.11	-128.5	117.75	192.95
Free Cash Flow Growth	165.89%	-4.13%	-	-	-38.97%	111.08%
Free Cash Flow Margin	19.00%	12.13%	15.55%	-10.99%	11.63%	23.10%
Free Cash Flow Per Share	2.29	1.71	1.80	-1.47	1.45	2.38
Cash Income Tax Paid	73.44	96.38	37.1	46.09	62.73	79.91
Levered Free Cash Flow	71.22	74.82	129.6	-111.68	59.32	129.32
Unlevered Free Cash Flow	71.22	74.82	129.6	-111.63	59.59	129.32
Change in Working Capital	-67.3	-67.3	134.17	-269.77	-104.65	2.15

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