Huafon Chemical Co.,Ltd Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Net Income	1,858	2,220	2,478	2,844	7,937
Depreciation & Amortization	1,438	1,514	1,297	1,066	972.02
Other Amortization	96.66	116.95	10.67	8.86	8.65
Loss (Gain) From Sale of Assets	4.81	-2.6	4.05	3.67	13.74
Asset Writedown & Restructuring Costs	1.12	171.8	41.89	3.11	53.59
Loss (Gain) From Sale of Investments	-226.89	-133.05	-93.5	-105.79	-67.02
Provision & Write-off of Bad Debts	12.37	0.73	19.26	4.2	15.08
Other Operating Activities	72.76	88.57	154.96	124.31	124.69
Change in Accounts Receivable	-428.32	-1,076	-1,514	335.89	-2,313
Change in Inventory	-38.42	-104.54	-937.27	1,105	-2,115
Change in Accounts Payable	938.11	299.2	1,044	-2,840	1,541
Change in Other Net Operating Assets	4.95	0.23	1.01	0.16	-15.54
Operating Cash Flow	3,740	3,025	2,469	2,570	6,135
Operating Cash Flow Growth	23.66%	22.53%	-3.94%	-58.11%	45.77%
Capital Expenditures	-1,717	-1,293	-1,717	-2,606	-2,115
Sale of Property, Plant & Equipment	85.31	8.85	15.14	13.94	18.79
Cash Acquisitions	-	-10.24	-	-	-
Divestitures	125.72	-	4.63	1.87	-
Investment in Securities	-1,147	-3,112	59.91	147.51	-145.56
Other Investing Activities	-257.74	17.61	28.42	1.38	21.03
Investing Cash Flow	-2,911	-4,389	-1,608	-2,442	-2,220
Long-Term Debt Issued	3,832	8,338	6,809	4,697	1,751
Long-Term Debt Repaid	-4,401	-9,628	-6,547	-3,541	-2,265
Net Debt Issued (Repaid)	-569.13	-1,290	261.48	1,156	-514.46
Issuance of Common Stock	-	-	-	2,773	-
Common Dividends Paid	-1,019	-816.04	-856.92	-1,588	-548.21
Other Financing Activities	268.13	218.39	-350	-	200.27
Financing Cash Flow	-1,320	-1,887	-945.44	2,342	-862.4
Foreign Exchange Rate Adjustments	58.26	26.89	76.85	79.62	-57.95
Net Cash Flow	-431.75	-3,224	-8.44	2,549	2,994
Free Cash Flow	2,023	1,731	752.07	-36.69	4,020
Free Cash Flow Growth	16.85%	130.22%	-	-	52.99%
Free Cash Flow Margin	8.36%	6.43%	2.86%	-0.14%	14.17%
Free Cash Flow Per Share	0.41	0.35	0.15	-0.01	0.87
Cash Income Tax Paid	418.48	493.74	339.44	935.08	2,228
Levered Free Cash Flow	1,722	1,061	-307.66	722.03	2,680
Unlevered Free Cash Flow	1,758	1,135	-203.64	809.95	2,766
Change in Working Capital	484.59	-951.15	-1,444	-1,378	-2,923

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.