Hainan Strait Shipping 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	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Net Income	166.79	256.88	433.53	151.98	265.88	249.4
Depreciation & Amortization	434.1	434.1	349.47	383.29	173.7	141.03
Other Amortization	9.31	9.31	4.17	4.17	1.42	-
Loss (Gain) From Sale of Assets	-0.21	-0.21	-0.04	0.01	-0.05	-
Asset Writedown & Restructuring Costs	2.86	2.86	-	37.78	53.13	41.39
Loss (Gain) From Sale of Investments	-1.04	-1.04	-1.93	1.16	-0.3	-0.25
Provision & Write-off of Bad Debts	4.13	4.13	2.24	0.41	-	-
Other Operating Activities	918.86	808.87	799.83	515.28	20.92	0.36
Change in Accounts Receivable	17.46	17.46	34.58	108.87	-91.83	-34.36
Change in Inventory	-0.59	-0.59	-1.45	-21.33	-17.63	2.17
Change in Accounts Payable	-29.79	-29.79	174.68	222.42	193.38	19.75
Change in Other Net Operating Assets	0.42	0.42	14.24	4.56	-1.22	2.03
Operating Cash Flow	1,529	1,509	1,780	1,407	569.02	414.49
Operating Cash Flow Growth	-13.11%	-15.24%	26.54%	147.28%	37.28%	2.84%
Capital Expenditures	-80.93	-254.35	-163.48	-418.23	-1,644	-13.22
Sale of Property, Plant & Equipment	-0.02	0.01	0.03	0	0	-
Investment in Securities	-2,531	-22.5	-	-108.28	114.07	63.33
Other Investing Activities	-	-	-	-	0	0.59
Investing Cash Flow	-2,612	-276.84	-163.46	-526.51	-1,530	50.7
Long-Term Debt Issued	-	-	-	431.82	-	-
Long-Term Debt Repaid	-	-116.81	-43.65	-26.39	-12.92	-24.45
Net Debt Issued (Repaid)	655.3	-116.81	-43.65	405.42	-12.92	-24.45
Repurchase of Common Stock	-14.95	-14.95	-668.09	-	-	-
Common Dividends Paid	-	-270.55	-100.3	-224.93	-208.03	-198.52
Other Financing Activities	-1,026	-644.57	-598.2	-302.15	1.62	-
Financing Cash Flow	-385.74	-1,047	-1,410	-121.66	-219.33	-222.97
Net Cash Flow	-1,468	185.37	206.77	758.9	-1,181	242.22
Free Cash Flow	1,448	1,255	1,617	988.84	-1,075	401.27
Free Cash Flow Growth	-1.38%	-22.40%	63.52%	-	-	8.08%
Free Cash Flow Margin	34.48%	29.73%	41.13%	33.37%	-76.85%	37.41%
Free Cash Flow Per Share	0.65	0.56	0.72	0.44	-0.48	0.18
Cash Income Tax Paid	571.32	505.35	386.29	99.28	199.94	115.57
Levered Free Cash Flow	1,275	915.7	1,352	635.19	-1,400	304.65
Unlevered Free Cash Flow	1,293	927.46	1,355	636.85	-1,400	304.87
Change in Working Capital	-5.81	-5.81	193.19	313	54.31	-18.55

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