Zhejiang Runtu 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	678.82	213.49	45.77	606.51	835.62
Depreciation & Amortization	389.69	466.76	485.46	458.26	443.56
Other Amortization	23.02	27.44	37.49	36.41	28.62
Loss (Gain) From Sale of Assets	-33.85	-9.8	-7.29	-0.3	-0.32
Asset Writedown & Restructuring Costs	17.88	46.32	56.36	53.47	19.97
Loss (Gain) From Sale of Investments	-309.41	-43.14	-40.06	-225.99	-284.7
Other Operating Activities	-1.76	73.45	60.69	45.14	1.79
Change in Accounts Receivable	-31.63	-235.23	-71.28	-165.88	391.49
Change in Inventory	71.94	-116.58	-114.91	-406.17	-107.34
Change in Accounts Payable	-167.27	99.46	-547.75	463.47	-741.35
Change in Other Net Operating Assets	2.43	22.47	12.37	12.45	2.02
Operating Cash Flow	645.42	548.46	-126.55	883.21	594.19
Operating Cash Flow Growth	17.68%	-	-	48.64%	-61.61%
Capital Expenditures	-45.72	-88.79	-121.4	-196.11	-252.39
Sale of Property, Plant & Equipment	23.72	34.28	19.21	1.04	2.05
Divestitures	-	-	-	-	79.88
Investment in Securities	-373.59	-355.91	332.95	46.26	-727.03
Other Investing Activities	29.36	42.96	26.43	23.52	15.03
Investing Cash Flow	-366.23	-367.47	257.18	-125.29	-882.45
Long-Term Debt Issued	468.1	1.35	1,281	403.57	539.1
Total Debt Issued	468.1	1.35	1,281	403.57	539.1
Long-Term Debt Repaid	-641.45	-405	-1,291	-5.1	-570
Total Debt Repaid	-641.45	-405	-1,291	-5.1	-570
Net Debt Issued (Repaid)	-173.35	-403.65	-10	398.47	-30.9
Issuance of Common Stock	53.16	-	-	-	-
Repurchase of Common Stock	-	-177.98	-	-	-207.19
Common Dividends Paid	-175.81	-184.06	-304.35	-420.38	-412.8
Other Financing Activities	-149.28	-10.89	-3.85	84.37	-6.24
Financing Cash Flow	-445.28	-776.58	-318.2	62.46	-657.13
Foreign Exchange Rate Adjustments	-5.74	2.14	3.45	33.48	-6.41
Net Cash Flow	-171.83	-593.46	-184.11	853.86	-951.8
Free Cash Flow	599.7	459.66	-247.95	687.1	341.8
Free Cash Flow Growth	30.47%	-	-	101.02%	-76.06%
Free Cash Flow Margin	10.47%	8.07%	-4.44%	10.96%	6.13%
Free Cash Flow Per Share	0.55	0.41	-0.22	0.61	0.30
Cash Income Tax Paid	309.77	353.01	278.45	312.32	792.4
Levered Free Cash Flow	84.54	632.84	-247.64	719.92	506.4
Unlevered Free Cash Flow	84.54	644.93	-230.86	732.67	517.75
Change in Working Capital	-118.96	-226.06	-764.96	-90.29	-450.35

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