Edifier 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	430.99	449.23	419.6	246.57	315.56
Depreciation & Amortization	40.84	46.92	47.8	49.17	46.6
Other Amortization	3.27	2.55	2.5	2.66	1.85
Loss (Gain) From Sale of Assets	0.01	0.62	-0.1	-0.03	-60.17
Asset Writedown & Restructuring Costs	0.27	-0.14	1.68	0.13	1.19
Loss (Gain) From Sale of Investments	-34.39	-24.44	-40.4	-28.66	-34.82
Provision & Write-off of Bad Debts	-2.34	2.77	-0.46	-1.44	1.31
Other Operating Activities	40.31	54.88	52.91	34.5	30.03
Change in Accounts Receivable	69.1	-58.7	-10.5	43.53	-12.72
Change in Inventory	43.23	-1.03	-18.98	67.67	-23.94
Change in Accounts Payable	-95.17	9.15	188.23	38.91	-82.32
Change in Other Net Operating Assets	-112.59	-43.12	-126.76	-48.28	85.14
Operating Cash Flow	390.18	437.13	510.09	408.17	280.62
Operating Cash Flow Growth	-10.74%	-14.31%	24.97%	45.45%	-2.50%
Capital Expenditures	-8.34	-7.62	-14.01	-27.73	-56.36
Sale of Property, Plant & Equipment	0.54	0.07	0.31	0.13	61.09
Divestitures	-	0.11	-	-	-
Investment in Securities	-108.27	-1,182	-161.18	685.44	-17.13
Other Investing Activities	25.71	10.89	11.01	27.21	34.4
Investing Cash Flow	-90.36	-1,178	-163.88	685.06	22.01
Long-Term Debt Issued	1.49	1.42	1.5	0.5	1.79
Long-Term Debt Repaid	-6.13	-7.11	-8.95	-8.78	-8.49
Net Debt Issued (Repaid)	-4.64	-5.7	-7.45	-8.28	-6.71
Issuance of Common Stock	-	25.91	-	-	-
Repurchase of Common Stock	-	-60.24	-	-	-
Common Dividends Paid	-221.06	-177.58	-177.88	-160.13	-177.92
Other Financing Activities	-6.23	-54.74	-26.33	-2.2	0.5
Financing Cash Flow	-231.93	-272.34	-211.66	-170.61	-184.13
Foreign Exchange Rate Adjustments	1.89	3.46	3.21	1.28	-3.49
Net Cash Flow	69.79	-1,010	137.77	923.9	115.01
Free Cash Flow	381.84	429.51	496.08	380.44	224.26
Free Cash Flow Growth	-11.10%	-13.42%	30.40%	69.64%	0.05%
Free Cash Flow Margin	13.65%	14.59%	18.42%	17.18%	9.74%
Free Cash Flow Per Share	0.42	0.49	0.56	0.43	0.25
Cash Income Tax Paid	158.77	166.39	150.54	115.09	114.46
Levered Free Cash Flow	673.52	258.7	248.19	355.14	65.74
Unlevered Free Cash Flow	673.71	258.96	248.57	355.42	66.01
Change in Working Capital	-88.78	-95.28	26.55	105.26	-20.94

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