Fujian Rongji Software 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	-68.63	-86.9	-145.65	13.32	29.94
Depreciation & Amortization	103	48.26	99.38	63.96	58.64
Other Amortization	6.38	65.24	1.39	0.95	1.25
Loss (Gain) From Sale of Assets	2.16	0.01	-0.13	0.22	-0.25
Asset Writedown & Restructuring Costs	6.52	0.01	0.02	-	-
Loss (Gain) From Sale of Investments	-11.48	-19.06	-5.8	-22.66	-12.66
Provision & Write-off of Bad Debts	-	35.53	-3.8	16.88	8.47
Other Operating Activities	22.37	-0.59	41.3	21.11	24.62
Change in Accounts Receivable	-6.41	5.68	12.17	-82.07	24.41
Change in Inventory	38.87	39.97	8.29	179.71	-76.33
Change in Accounts Payable	-46.62	-53.87	40.14	-118.46	4.97
Operating Cash Flow	48.04	34.53	27.99	69.37	64.22
Operating Cash Flow Growth	39.12%	23.37%	-59.65%	8.02%	-11.09%
Capital Expenditures	-58.05	-86.11	-130.24	-90.45	-154.06
Sale of Property, Plant & Equipment	1.44	0.03	0.09	0.23	0.58
Investment in Securities	0.38	100.46	24.96	-10.26	-41.1
Other Investing Activities	3.11	18.57	10.01	22.02	2.92
Investing Cash Flow	-53.11	32.95	-95.18	-78.45	-191.66
Short-Term Debt Issued	-	743	988	1,109	1,155
Long-Term Debt Issued	796.45	-	-	-	-
Total Debt Issued	796.45	743	988	1,109	1,155
Short-Term Debt Repaid	-	-773	-908.18	-1,135	-1,146
Long-Term Debt Repaid	-808	-5.13	-4.9	-5.2	-5.2
Total Debt Repaid	-808	-778.13	-913.09	-1,140	-1,151
Net Debt Issued (Repaid)	-11.55	-35.13	74.91	-31.02	3.8
Common Dividends Paid	-16.64	-18.52	-21.21	-29.32	-33.63
Other Financing Activities	-4.67	-	-	-14.07	-
Financing Cash Flow	-32.86	-53.66	53.7	-74.41	-29.83
Foreign Exchange Rate Adjustments	-0.51	1.64	0.33	8.17	-2.19
Net Cash Flow	-38.44	15.47	-13.15	-75.33	-159.46
Free Cash Flow	-10.01	-51.57	-102.25	-21.09	-89.85
Free Cash Flow Margin	-2.09%	-10.65%	-27.27%	-3.17%	-12.53%
Free Cash Flow Per Share	-0.02	-0.08	-0.16	-0.03	-0.14
Cash Income Tax Paid	20.79	13.49	15.13	-13.11	14.24
Levered Free Cash Flow	44.08	-16.07	-49.57	57.22	-175.74
Unlevered Free Cash Flow	44.08	-4.26	-36.04	72.69	-159.5
Change in Working Capital	-12.28	-7.97	41.29	-24.41	-45.79

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