Guangdong Chj Industry 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	471.54	193.65	333.35	199.13	350.68
Depreciation & Amortization	92.64	92.54	87.52	83.04	74.88
Other Amortization	33.64	32.75	29.73	32.09	46.89
Loss (Gain) From Sale of Assets	-0.83	-0.75	-25.78	-12.36	-0.86
Asset Writedown & Restructuring Costs	210.63	185.63	32.13	80.82	0.14
Loss (Gain) From Sale of Investments	10.26	15.36	-2.61	-19.32	-17.5
Provision & Write-off of Bad Debts	-	0.25	-7.56	1.46	11.17
Other Operating Activities	36.16	32.1	35.23	43.21	44.14
Change in Accounts Receivable	-291.22	-141.16	-13.5	-40.04	-134.75
Change in Inventory	-1,704	-375.9	-59.42	59.39	-531.3
Change in Accounts Payable	1,028	406.73	182.6	-13.75	315.19
Change in Other Net Operating Assets	41.33	16.4	19.67	-	-
Operating Cash Flow	-71.42	435.46	615.24	413.87	167.07
Operating Cash Flow Growth	-	-29.22%	48.66%	147.72%	-49.93%
Capital Expenditures	-83.2	-104.64	-205.57	-101.88	-123.6
Sale of Property, Plant & Equipment	1.88	61.58	7.69	39.45	1.57
Investment in Securities	-0.04	-4.02	-27.13	-24.71	-16.3
Other Investing Activities	143.65	20.43	6.45	8.5	7.44
Investing Cash Flow	62.29	-26.65	-218.56	-78.64	-130.89
Long-Term Debt Issued	1,245	480.8	382.8	580.75	742.21
Long-Term Debt Repaid	-601.8	-732.6	-591.63	-640.41	-851.29
Net Debt Issued (Repaid)	643	-251.8	-208.83	-59.66	-109.08
Common Dividends Paid	-350.16	-350.71	-218.66	-228.06	-232.22
Other Financing Activities	-104.5	-26.49	58.31	34.4	-30
Financing Cash Flow	188.34	-629.01	-369.19	-253.32	-371.29
Foreign Exchange Rate Adjustments	-3.34	0.05	0.38	1.89	-0.85
Net Cash Flow	175.87	-220.14	27.86	83.79	-335.97
Free Cash Flow	-154.62	330.82	409.67	311.99	43.47
Free Cash Flow Growth	-	-19.25%	31.31%	617.74%	-85.91%
Free Cash Flow Margin	-1.66%	5.08%	6.94%	7.06%	0.94%
Free Cash Flow Per Share	-0.17	0.38	0.47	0.34	0.05
Cash Income Tax Paid	495.01	320.26	319.15	266.08	285.06
Levered Free Cash Flow	-476.3	327.96	252.22	146.23	-92.52
Unlevered Free Cash Flow	-476.3	353.64	280.9	170.2	-65.67
Change in Working Capital	-925.46	-116.06	133.23	5.8	-342.46

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