Hainan Strait Shipping 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	173.14	309.88	433.53	151.98	265.88
Depreciation & Amortization	507.6	502.33	349.47	383.29	173.7
Other Amortization	9.91	7.66	4.17	4.17	1.42
Loss (Gain) From Sale of Assets	-21.16	-0.19	-0.04	0.01	-0.05
Asset Writedown & Restructuring Costs	42.03	2.86	-	37.78	53.13
Loss (Gain) From Sale of Investments	4.95	-2.13	-1.93	1.16	-0.3
Provision & Write-off of Bad Debts	-1.29	3.95	2.24	0.41	-
Other Operating Activities	825.95	842.08	799.83	515.28	20.92
Change in Accounts Receivable	20.51	4.18	34.58	108.87	-91.83
Change in Inventory	1.6	6.17	-1.45	-21.33	-17.63
Change in Accounts Payable	-57.48	-12.07	174.68	222.42	193.38
Change in Other Net Operating Assets	9.44	4.23	14.24	4.56	-1.22
Operating Cash Flow	1,521	1,675	1,780	1,407	569.02
Operating Cash Flow Growth	-9.14%	-5.95%	26.54%	147.28%	37.28%
Capital Expenditures	-482.33	-264.39	-163.48	-418.23	-1,644
Sale of Property, Plant & Equipment	35.04	0.03	0.03	0	0
Investment in Securities	-2,533	-33.68	-	-108.28	114.07
Other Investing Activities	-	143.53	-	-	0
Investing Cash Flow	-2,980	-154.51	-163.46	-526.51	-1,530
Long-Term Debt Issued	1,700	-	-	431.82	-
Long-Term Debt Repaid	-1,262	-400.7	-43.65	-26.39	-12.92
Net Debt Issued (Repaid)	437.74	-400.7	-43.65	405.42	-12.92
Issuance of Common Stock	29.06	-	-	-	-
Repurchase of Common Stock	-333.21	-14.95	-668.09	-	-
Common Dividends Paid	-156.01	-328.27	-100.3	-224.93	-208.03
Other Financing Activities	-621.91	-644.57	-598.2	-302.15	1.62
Financing Cash Flow	-644.34	-1,388	-1,410	-121.66	-219.33
Net Cash Flow	-2,103	131.55	206.77	758.9	-1,181
Free Cash Flow	1,039	1,410	1,617	988.84	-1,075
Free Cash Flow Growth	-26.31%	-12.79%	63.52%	-	-
Free Cash Flow Margin	20.29%	27.47%	41.13%	33.37%	-76.85%
Free Cash Flow Per Share	0.47	0.52	0.72	0.44	-0.48
Cash Income Tax Paid	562.49	511.85	386.29	99.28	199.94
Levered Free Cash Flow	744.24	966.61	1,352	635.19	-1,400
Unlevered Free Cash Flow	794.6	1,013	1,355	636.85	-1,400
Change in Working Capital	-19.73	8.1	193.19	313	54.31

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