Feilong Auto Components 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	316.92	329.62	261.77	84.13	141.94
Depreciation & Amortization	231.73	221.18	214.6	219.92	211.07
Other Amortization	3.13	1	0.92	0.87	0.34
Loss (Gain) From Sale of Assets	1.2	-0.3	-2.68	-0.09	0.22
Asset Writedown & Restructuring Costs	31.02	15.49	9.16	2.28	1.05
Loss (Gain) From Sale of Investments	-4.66	-3.51	5.99	5.37	18.3
Other Operating Activities	-8.48	16.65	2.52	14.19	7.22
Change in Accounts Receivable	-481.52	-691.95	55.32	-142.7	-448.62
Change in Inventory	-253.74	297.96	-109.3	-92.08	-229.64
Change in Accounts Payable	518.8	205.91	-133.9	34.65	397.39
Change in Other Net Operating Assets	0.53	1.51	14.7	1.35	0.08
Operating Cash Flow	374.37	380.75	315.63	98.9	82.74
Operating Cash Flow Growth	-1.68%	20.63%	219.14%	19.54%	-32.97%
Capital Expenditures	-415.01	-280.38	-95.28	-59.61	-115.71
Sale of Property, Plant & Equipment	1.72	16.88	1.15	0.3	1.34
Divestitures	-	7.02	-	-	-
Investment in Securities	310.12	43	-353	48.88	0.06
Other Investing Activities	5.17	9.21	-	15	-
Investing Cash Flow	-98	-204.26	-447.13	4.56	-114.32
Long-Term Debt Issued	359.14	298.05	861.37	1,500	1,324
Total Debt Issued	359.14	298.05	861.37	1,500	1,324
Long-Term Debt Repaid	-137.03	-268.69	-1,159	-1,511	-1,164
Total Debt Repaid	-137.03	-268.69	-1,159	-1,511	-1,164
Net Debt Issued (Repaid)	222.11	29.36	-297.5	-11.71	159.4
Issuance of Common Stock	-	0.2	770.99	-	-
Common Dividends Paid	-181.18	-235.39	-112.78	-65.47	-69.39
Other Financing Activities	-	-	-2.36	-1.09	-85.66
Financing Cash Flow	40.93	-205.83	358.35	-78.27	4.35
Foreign Exchange Rate Adjustments	23.32	4.87	-3.95	2.31	-0.23
Net Cash Flow	340.63	-24.47	222.9	27.51	-27.46
Free Cash Flow	-40.64	100.37	220.35	39.29	-32.98
Free Cash Flow Growth	-	-54.45%	460.86%	-	-
Free Cash Flow Margin	-0.89%	2.13%	5.38%	1.21%	-1.06%
Free Cash Flow Per Share	-0.07	0.17	0.42	0.07	-0.07
Cash Interest Paid	-	-	-	1.26	0.88
Cash Income Tax Paid	-83.39	-98.28	-116.89	-125.92	-25.01
Levered Free Cash Flow	213.89	123.43	237.99	269.86	181.15
Unlevered Free Cash Flow	219.62	126.81	245.92	279.56	195.63
Change in Working Capital	-196.49	-199.38	-176.65	-227.77	-297.39

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