Chengxin Lithium Group 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	-888.08	-621.58	702.24	5,552	865.79
Depreciation & Amortization	704.13	460.9	327.79	176.99	107.11
Other Amortization	108.32	122.15	64	41.99	35.32
Loss (Gain) From Sale of Assets	1.87	0.22	-7.66	3.56	0.91
Asset Writedown & Restructuring Costs	113.11	-32.68	0.89	-	0
Loss (Gain) From Sale of Investments	310.79	-150.2	-595.21	-7.72	-5.03
Provision & Write-off of Bad Debts	43.91	19.82	1.84	44.79	10.25
Other Operating Activities	569.82	557.29	409.11	238.12	84.57
Change in Accounts Receivable	-275.43	544.37	-109.11	-973.82	-531.23
Change in Inventory	380.09	688.51	-354.81	-2,090	-98.16
Change in Accounts Payable	-98.45	-281.62	1,019	-1,378	-308.12
Change in Other Net Operating Assets	-14.36	27.53	95.11	74.27	43.38
Operating Cash Flow	949.96	1,317	1,530	1,733	218.81
Operating Cash Flow Growth	-27.86%	-13.93%	-11.69%	691.80%	-
Capital Expenditures	-930.21	-2,278	-3,422	-1,036	-377.15
Sale of Property, Plant & Equipment	1.08	0.08	1.42	0.14	0.13
Cash Acquisitions	-1,451	-	-44.35	-401.26	-41.87
Divestitures	-	6.59	-	-	348.13
Investment in Securities	502.65	-699.79	-2,517	-1,115	-492.63
Other Investing Activities	-34.48	146.36	727.83	-268.3	248.51
Investing Cash Flow	-1,912	-2,825	-5,254	-2,820	-314.89
Short-Term Debt Issued	952.63	446.52	509.21	10	261.07
Long-Term Debt Issued	10,345	7,487	5,788	3,523	992.9
Total Debt Issued	11,298	7,933	6,297	3,533	1,254
Long-Term Debt Repaid	-8,995	-5,948	-3,978	-811.64	-1,006
Net Debt Issued (Repaid)	2,303	1,986	2,319	2,722	248.12
Issuance of Common Stock	-	-	98.9	2,096	975.04
Repurchase of Common Stock	-444.99	-286.32	-32.3	-	-
Common Dividends Paid	-199.01	-431.41	-767.53	-187.28	-25.48
Other Financing Activities	-70.96	-960.07	-454.56	152.09	-332.07
Financing Cash Flow	1,588	307.87	1,163	4,783	865.61
Foreign Exchange Rate Adjustments	-6.08	-46.78	-2.76	24.07	0.24
Net Cash Flow	619.77	-1,247	-2,563	3,719	769.77
Free Cash Flow	19.75	-961.48	-1,892	696.09	-158.34
Free Cash Flow Margin	0.39%	-20.99%	-23.79%	5.78%	-5.25%
Free Cash Flow Per Share	0.02	-1.07	-2.07	0.80	-0.20
Cash Income Tax Paid	286.47	289.97	723	1,762	175.98
Levered Free Cash Flow	278.95	-470.24	-2,839	589.23	189.11
Unlevered Free Cash Flow	427.72	-316.36	-2,720	639	219.59
Change in Working Capital	-13.89	960.96	626.99	-4,318	-880.11

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