Elec-Tech International 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-58.39	-199.28	-228.6	-368.64	-529.47	-596.1
Depreciation & Amortization	88.94	88.94	120.82	189.3	210.55	215.56
Other Amortization	2.33	2.33	2.85	1.64	1.1	15.33
Loss (Gain) From Sale of Assets	-2.31	-2.31	-4.21	-15.51	-8.14	2.33
Asset Writedown & Restructuring Costs	98.31	98.31	60.83	82.97	53.08	128.61
Loss (Gain) From Sale of Investments	-1.53	-1.53	-74.7	4.61	221.32	325.56
Provision & Write-off of Bad Debts	1.92	1.92	2.62	20.47	27.22	72.37
Other Operating Activities	-90.17	13.25	12.7	8.04	21.75	24.22
Change in Accounts Receivable	6.21	6.21	-3.57	379.05	89.24	3.49
Change in Inventory	13.73	13.73	52.52	128.61	101.19	-48.89
Change in Accounts Payable	-99.56	-99.56	-24.13	-482.48	-308.78	-551.6
Operating Cash Flow	-43.61	-81.07	-81.3	-50.99	-111.21	-394.57
Capital Expenditures	-40.01	-37.13	-23.08	-38.47	-60.93	-69.34
Sale of Property, Plant & Equipment	53.49	15.66	8.61	19.4	157.03	27.96
Divestitures	-0.71	-0	-	8.25	-	-
Investment in Securities	-29.91	-	-	-	112.75	-95
Investing Cash Flow	-17.15	-21.47	-14.47	-10.82	208.84	-136.38
Short-Term Debt Issued	-	-	-	-	15.33	9.39
Long-Term Debt Issued	-	56.62	137.97	105.29	-	-
Total Debt Issued	89.5	56.62	137.97	105.29	15.33	9.39
Short-Term Debt Repaid	-	-	-	-	-12.34	-31.82
Long-Term Debt Repaid	-	-66.27	-154	-55.11	-40.93	-
Total Debt Repaid	-69.69	-66.27	-154	-55.11	-53.26	-31.82
Net Debt Issued (Repaid)	19.81	-9.65	-16.03	50.19	-37.93	-22.43
Repurchase of Common Stock	-7.02	-7.02	-8	-	-13.58	-
Common Dividends Paid	-1.75	-2.58	-3.69	-1.28	-0.03	-
Other Financing Activities	73.13	32.28	-11	65.11	-21.75	9.8
Financing Cash Flow	84.17	13.04	-38.72	114.02	-73.29	-12.63
Foreign Exchange Rate Adjustments	0.22	0.49	1.85	16.77	-1.07	-9.99
Net Cash Flow	23.64	-89.01	-132.64	68.98	23.27	-553.57
Free Cash Flow	-83.62	-118.2	-104.38	-89.46	-172.14	-463.91
Free Cash Flow Margin	-12.34%	-16.03%	-13.26%	-7.55%	-8.28%	-20.93%
Free Cash Flow Per Share	-0.05	-0.07	-0.06	-0.05	-0.10	-0.26
Cash Interest Paid	-	-	-	-	-	0.67
Cash Income Tax Paid	17.41	-13.29	-6.78	-162.32	-101.27	-53.01
Levered Free Cash Flow	-141.71	-438.33	-126.13	48.73	-85.59	-62.9
Unlevered Free Cash Flow	-138.24	-435.8	-122.68	50.8	-83.43	-62.48
Change in Working Capital	-82.7	-82.7	26.4	26.14	-108.62	-582.45

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