Suofeiya Home Collection 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	901.28	1,371	1,261	1,064	122.58
Depreciation & Amortization	525.47	506.97	488.75	459.11	412.06
Other Amortization	69.13	52.52	74.39	51.7	50.08
Loss (Gain) From Sale of Assets	7.85	-1.67	-0.75	4.8	0.06
Asset Writedown & Restructuring Costs	23.85	13.6	67.86	49.05	236.95
Loss (Gain) From Sale of Investments	138.46	-282.51	-89.23	-53.58	-67.67
Provision & Write-off of Bad Debts	-0.07	-0.28	0.79	0.54	0.15
Other Operating Activities	101.6	131.89	192.97	137.32	159.42
Change in Accounts Receivable	809.55	-461.06	-154.97	-86	173.12
Change in Inventory	179.75	-17.07	59.89	112.55	-280.07
Change in Accounts Payable	-2,801	114.95	587.68	-378.83	-55.42
Change in Other Net Operating Assets	-3.49	7.14	185.88	36.29	649.91
Operating Cash Flow	-321.03	1,345	2,654	1,363	1,419
Operating Cash Flow Growth	-	-49.30%	94.69%	-3.96%	23.93%
Capital Expenditures	-256.77	-603.16	-761.69	-898.24	-1,973
Sale of Property, Plant & Equipment	16.31	4.22	2.24	28.39	1.99
Cash Acquisitions	-	-8.75	-	-	-
Investment in Securities	667.61	-1,675	-989.2	-185.28	69.64
Other Investing Activities	24	20.61	23.19	174.18	134.45
Investing Cash Flow	451.15	-2,263	-1,725	-880.95	-1,767
Long-Term Debt Issued	3,206	3,239	3,108	1,610	2,609
Long-Term Debt Repaid	-3,102	-3,140	-2,524	-2,070	-1,411
Net Debt Issued (Repaid)	104	98.44	583.75	-460.62	1,198
Issuance of Common Stock	8.4	86.22	608.06	-	-
Repurchase of Common Stock	-8.4	-100	-	-	-100
Common Dividends Paid	-999.88	-987.38	-702.61	-670.86	-616.5
Other Financing Activities	-6.56	2.29	-61.87	5	12.25
Financing Cash Flow	-902.44	-900.43	427.33	-1,126	493.49
Foreign Exchange Rate Adjustments	0.54	-0.34	1.53	0.91	-1.73
Net Cash Flow	-771.78	-1,818	1,357	-643.54	143.5
Free Cash Flow	-577.79	742.26	1,892	464.74	-554.34
Free Cash Flow Growth	-	-60.77%	307.09%	-	-
Free Cash Flow Margin	-6.17%	7.07%	16.22%	4.14%	-5.33%
Free Cash Flow Per Share	-0.60	0.77	2.07	0.51	-0.59
Cash Income Tax Paid	1,174	1,190	927.08	786.78	141.81
Levered Free Cash Flow	-762.68	1,703	1,517	286.57	-139.85
Unlevered Free Cash Flow	-735.39	1,730	1,574	343.06	-84.93
Change in Working Capital	-2,089	-446.03	657.54	-350.26	505.49

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