Shandong Yabo 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	-178.69	-201.05	-34.32	31.63	-984.64
Depreciation & Amortization	12.32	11.52	15.99	12.79	6.83
Other Amortization	1.02	1.31	1.19	0.98	0.53
Loss (Gain) From Sale of Assets	1.05	1.05	-0.11	0.11	-
Asset Writedown & Restructuring Costs	17.07	0.84	0.12	-	73.59
Loss (Gain) From Sale of Investments	5.88	7.85	2.73	0.63	847.99
Provision & Write-off of Bad Debts	-	53.27	19.04	26.59	-
Other Operating Activities	90.38	31.43	-0.42	8.12	5.76
Change in Accounts Receivable	-51.07	83.18	-151.14	-451.32	-67.99
Change in Inventory	16.02	-23.44	-0.94	-1.96	1.35
Change in Accounts Payable	103.45	-46.85	112.59	33.24	14.39
Operating Cash Flow	18.11	-81.74	-35.76	-340.21	-102.4
Capital Expenditures	-0.03	-0.93	-3.18	-3.84	-3.64
Sale of Property, Plant & Equipment	-	-	-	0	-
Investment in Securities	2.7	22	-1.8	-167.8	-
Other Investing Activities	-	-	-	50	106.94
Investing Cash Flow	2.67	21.07	-4.98	-121.64	103.3
Short-Term Debt Issued	-	95.7	114.98	30	20
Long-Term Debt Issued	78	142.98	9.8	8	-
Total Debt Issued	78	238.68	124.78	38	20
Short-Term Debt Repaid	-	-154.18	-60	-84.42	-7
Long-Term Debt Repaid	-145.7	-6.96	-6.73	-17.95	-4.5
Total Debt Repaid	-145.7	-161.14	-66.73	-102.37	-11.5
Net Debt Issued (Repaid)	-67.7	77.54	58.05	-64.37	8.5
Issuance of Common Stock	-	-	-	-	789.38
Common Dividends Paid	-5.85	-4.34	-4.01	-0.1	-0.18
Other Financing Activities	59.52	-50.09	19.57	-174.67	-77.19
Financing Cash Flow	-14.03	23.11	73.6	-239.14	720.51
Foreign Exchange Rate Adjustments	0.06	0.05	-0.02	0	-0
Net Cash Flow	6.81	-37.51	32.84	-700.99	721.41
Free Cash Flow	18.08	-82.67	-38.94	-344.05	-106.05
Free Cash Flow Margin	6.17%	-24.11%	-5.04%	-49.13%	-84.69%
Free Cash Flow Per Share	0.01	-0.04	-0.02	-0.16	-0.05
Cash Income Tax Paid	1.38	10.15	20.4	4.94	4.96
Levered Free Cash Flow	220.1	-34.06	-20.55	-490.28	790.52
Unlevered Free Cash Flow	220.1	-27.79	-17.98	-489.38	794.18
Change in Working Capital	69.07	12.02	-39.97	-421.05	-52.45

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