Wuhan Guide Infrared 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	686.19	-447.19	67.7	501.95	1,111
Depreciation & Amortization	275.28	239.96	195.19	159.03	138.56
Other Amortization	20.78	12.48	9.37	6.65	4.94
Loss (Gain) From Sale of Assets	-1.04	1.36	-0	-0	-3.15
Asset Writedown & Restructuring Costs	151.21	88.37	49.08	1.14	1.37
Loss (Gain) From Sale of Investments	-25.08	-13.83	0.34	-4.44	-11.27
Provision & Write-off of Bad Debts	73.61	153.84	-23.87	-10.9	86.94
Other Operating Activities	145.79	105.23	95.59	25.05	102.54
Change in Accounts Receivable	-124.89	4.19	-369.97	-188.46	-365.38
Change in Inventory	-1,089	-276.24	-244.18	-54.85	-265.12
Change in Accounts Payable	1,575	385.35	549.49	-208.04	435.91
Change in Other Net Operating Assets	-5.1	3.24	4.68	8.16	3.51
Operating Cash Flow	1,609	231.54	308.95	236.35	1,207
Operating Cash Flow Growth	594.69%	-25.05%	30.72%	-80.41%	-
Capital Expenditures	-455.78	-727.93	-626.93	-506.71	-513.19
Sale of Property, Plant & Equipment	2.7	2.35	0.53	0.15	13.11
Investment in Securities	-618.96	-852.02	3.36	470	-400
Other Investing Activities	20.06	22.84	7.37	11.86	18.53
Investing Cash Flow	-1,052	-1,555	-615.66	-24.7	-881.54
Short-Term Debt Issued	-	-	-	-	250
Long-Term Debt Issued	1,033	1,098	601.84	730	-
Total Debt Issued	1,033	1,098	601.84	730	250
Short-Term Debt Repaid	-	-	-	-	-1,130
Long-Term Debt Repaid	-1,563	-614.36	-542.64	-209.79	-9.44
Total Debt Repaid	-1,563	-614.36	-542.64	-209.79	-1,139
Net Debt Issued (Repaid)	-530.27	483.8	59.2	520.21	-889.44
Issuance of Common Stock	-	-	-	150.52	2,477
Repurchase of Common Stock	-	-	-	-301	-
Common Dividends Paid	-25.54	-77.03	-435.99	-827.53	-427.87
Other Financing Activities	-	-	-74.19	-	49
Financing Cash Flow	-555.81	406.78	-450.98	-457.79	1,209
Foreign Exchange Rate Adjustments	1.7	1.92	1.73	2.37	-7.04
Net Cash Flow	2.43	-914.52	-755.97	-243.77	1,527
Free Cash Flow	1,153	-496.39	-317.98	-270.36	693.39
Free Cash Flow Margin	24.96%	-18.54%	-13.17%	-10.69%	19.81%
Free Cash Flow Per Share	0.27	-0.12	-0.07	-0.06	0.16
Cash Income Tax Paid	475.43	175.26	140.89	137.68	142.23
Levered Free Cash Flow	1,047	-248.7	-251.18	-517.09	337.47
Unlevered Free Cash Flow	1,064	-238.31	-245.2	-511.1	343.58
Change in Working Capital	281.78	91.32	-84.46	-442.13	-224.29

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