Kuangda Technology Group 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	183.14	163.49	191.2	199.72	189.46
Depreciation & Amortization	136.54	137.64	140.3	137.16	138.37
Other Amortization	5.2	7.03	5.67	3.65	2.92
Loss (Gain) From Sale of Assets	-0.09	-4.51	0.26	0.43	-0.35
Asset Writedown & Restructuring Costs	62.42	5.71	17.86	8.92	0.03
Loss (Gain) From Sale of Investments	27.24	-5.31	-17.25	0.53	-4.85
Provision & Write-off of Bad Debts	-	7.84	1.25	-3.9	15.63
Other Operating Activities	-7.15	35.5	3.92	17.49	17.75
Change in Accounts Receivable	11.85	-114.86	-153.79	52.93	-166.19
Change in Inventory	-121.84	-77.14	-81.28	-5.68	-80.99
Change in Accounts Payable	46.79	51.74	107.89	6.92	39.2
Change in Other Net Operating Assets	15.51	11.43	-0.39	0.69	-
Operating Cash Flow	359.62	215.75	216.73	422.94	148.9
Operating Cash Flow Growth	66.68%	-0.45%	-48.76%	184.04%	-42.01%
Capital Expenditures	-37.48	-38.3	-26.88	-22.27	-15.89
Sale of Property, Plant & Equipment	36.48	53.59	0.23	0.33	0.05
Sale (Purchase) of Real Estate	-	-	-	-	-10.34
Investment in Securities	-200	-110	-160.5	-7.5	-46.49
Other Investing Activities	13.13	11.14	10.38	7.82	11.16
Investing Cash Flow	-187.86	-83.57	-176.77	-21.62	-61.51
Long-Term Debt Repaid	-	-22.45	-20.24	-21.14	-9.04
Total Debt Repaid	-	-22.45	-20.24	-21.14	-9.04
Net Debt Issued (Repaid)	-	-22.45	-20.24	-21.14	-9.04
Issuance of Common Stock	-	61.94	-	-	-
Repurchase of Common Stock	-	-	-	-	-100.01
Common Dividends Paid	-117.67	-144.61	-289.21	-72.3	-74.97
Other Financing Activities	-31.3	-	-	-	-
Financing Cash Flow	-148.97	-105.12	-309.46	-93.45	-184.02
Foreign Exchange Rate Adjustments	0.05	-0.05	0.12	0.08	-0.46
Net Cash Flow	22.85	27.02	-269.37	307.95	-97.09
Free Cash Flow	322.14	177.45	189.85	400.67	133.01
Free Cash Flow Growth	81.54%	-6.53%	-52.62%	201.22%	-44.55%
Free Cash Flow Margin	14.16%	8.46%	10.53%	22.46%	7.72%
Free Cash Flow Per Share	0.23	0.12	0.13	0.27	0.09
Cash Income Tax Paid	170.27	143.2	149.27	71.13	123.37
Levered Free Cash Flow	361.24	153.23	143.08	404.88	114.01
Unlevered Free Cash Flow	361.24	156.79	146.8	408.09	116.27
Change in Working Capital	-47.69	-131.64	-126.49	58.94	-210.05

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