Tungkong 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	200.72	157.82	163.31	134.61	186.49	163.33
Depreciation & Amortization	68.26	68.26	75.24	74.98	73.44	72.39
Other Amortization	5.49	5.49	5.31	6.05	7.02	9.17
Loss (Gain) From Sale of Assets	-18.25	-18.25	5.52	-0.18	0.67	-0.16
Asset Writedown & Restructuring Costs	1.18	1.18	5.48	0.14	0.86	0.84
Loss (Gain) From Sale of Investments	-15.82	-15.82	-17.77	-15.85	-22.76	-22.69
Provision & Write-off of Bad Debts	1.2	1.2	0.17	3.48	-1.55	-2.59
Other Operating Activities	-33.62	5.65	0.91	3.91	4.54	1.3
Change in Accounts Receivable	-6.06	-6.06	28.92	-63.09	-160.93	-86.9
Change in Inventory	37.89	37.89	-12.6	-19.39	-38.25	-3.55
Change in Accounts Payable	22.97	22.97	-50.83	35.56	143.05	129.33
Operating Cash Flow	264.49	260.87	202.34	160.4	191.82	261.21
Operating Cash Flow Growth	15.28%	28.93%	26.15%	-16.38%	-26.57%	-38.27%
Capital Expenditures	-75.37	-55.15	-28.51	-43.95	-45.93	-32.93
Sale of Property, Plant & Equipment	0.25	0.03	1.26	0.44	2.35	0.21
Divestitures	-	-	-1.05	-	-	-
Investment in Securities	20.56	-376	-40	116.7	83.3	340
Other Investing Activities	15.18	15.82	17.83	16.4	22.21	22.7
Investing Cash Flow	-39.37	-415.3	-50.47	89.59	61.94	329.98
Long-Term Debt Repaid	-	-19.92	-21.35	-13.82	-12.53	-
Net Debt Issued (Repaid)	-35.82	-19.92	-21.35	-13.82	-12.53	-
Repurchase of Common Stock	-163.41	-163.41	-	-	-	-
Common Dividends Paid	-136.27	-164.03	-119.95	-165.59	-218.27	-218.27
Other Financing Activities	137.03	-24.15	-30	0.97	24.92	-12.83
Financing Cash Flow	-198.48	-371.52	-171.3	-178.44	-205.88	-231.09
Foreign Exchange Rate Adjustments	0	0	0	-0	-0	0
Net Cash Flow	26.64	-525.95	-19.43	71.55	47.88	360.1
Free Cash Flow	189.12	205.71	173.83	116.44	145.9	228.29
Free Cash Flow Growth	2.73%	18.34%	49.28%	-20.19%	-36.09%	-31.57%
Free Cash Flow Margin	14.90%	17.47%	14.48%	10.93%	12.15%	19.33%
Free Cash Flow Per Share	0.37	0.39	0.32	0.21	0.27	0.42
Cash Income Tax Paid	96.49	76.64	99.31	85.19	79.24	125.75
Levered Free Cash Flow	104.54	130.3	119	91.67	67.72	198.18
Unlevered Free Cash Flow	105.53	131.96	120.31	92.76	68.44	198.18
Change in Working Capital	55.35	55.35	-35.83	-46.74	-56.89	39.64

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