YCIC Eco-Technology 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	-24.87	-87.73	9.07	11.04	-73.47
Depreciation & Amortization	9.28	9.4	12.37	8.12	10.41
Other Amortization	0.23	0.23	0.26	0.22	1.04
Loss (Gain) From Sale of Assets	0.86	0.02	0.03	-0.13	1.92
Asset Writedown & Restructuring Costs	3.4	0.87	0.18	0.63	0.02
Loss (Gain) From Sale of Investments	-52.23	2.01	-26.03	-1.86	-14.7
Provision & Write-off of Bad Debts	31.76	75.38	-0.98	34.56	19.29
Other Operating Activities	32.2	26.29	52.8	67.02	75.81
Change in Accounts Receivable	178.37	367.66	330.48	-434.44	4.47
Change in Inventory	1.04	0.43	4.44	7.08	-2.09
Change in Accounts Payable	-33.7	-237.57	-109.31	340.76	36.34
Change in Other Net Operating Assets	-	-	-	0.35	0.48
Operating Cash Flow	140.64	157.27	272.74	30.45	81.71
Operating Cash Flow Growth	-10.57%	-42.34%	795.83%	-62.74%	-28.61%
Capital Expenditures	-0.18	-0.66	-0.36	-0.92	-13.02
Sale of Property, Plant & Equipment	0	0.05	0.39	0.31	0.18
Divestitures	-	-	-	-	-0.13
Investment in Securities	0.08	-2.2	-11.18	-	23.15
Other Investing Activities	33.13	16.87	1.28	0.48	152.03
Investing Cash Flow	33.03	14.06	-9.87	-0.13	162.21
Short-Term Debt Issued	-	56.03	257.16	-	1.6
Long-Term Debt Issued	-	13	1,083	1,123	1,247
Total Debt Issued	-	69.03	1,340	1,123	1,249
Short-Term Debt Repaid	-1.28	-133.45	-135.3	-	-14.12
Long-Term Debt Repaid	-57.15	-109.64	-1,159	-1,039	-1,647
Total Debt Repaid	-58.43	-243.09	-1,294	-1,039	-1,661
Net Debt Issued (Repaid)	-58.43	-174.06	45.3	83.9	-412.77
Issuance of Common Stock	432.3	-	-	-	-
Common Dividends Paid	-4.7	-35.37	-58.96	-38.9	-79.77
Other Financing Activities	-0.27	-8.2	-12.88	0.16	-15.65
Financing Cash Flow	368.91	-217.63	-26.54	45.16	-508.18
Foreign Exchange Rate Adjustments	-0.02	0.02	0.07	0.27	-0.04
Net Cash Flow	542.56	-46.28	236.4	75.74	-264.3
Free Cash Flow	140.46	156.61	272.38	29.52	68.69
Free Cash Flow Growth	-10.31%	-42.50%	822.60%	-57.02%	-38.15%
Free Cash Flow Margin	27.39%	25.95%	45.17%	5.05%	17.51%
Free Cash Flow Per Share	0.68	0.85	1.48	0.16	0.37
Cash Income Tax Paid	13.38	20.27	43.97	7.17	9.12
Levered Free Cash Flow	-81.46	-33.98	182.65	477.11	248.19
Unlevered Free Cash Flow	-60.06	-6.21	221.47	515.7	298.94
Change in Working Capital	140.02	130.8	225.04	-89.15	61.39

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