Xilong Scientific 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	-74.39	61.77	33.35	89.06	187.06
Depreciation & Amortization	75.66	51.61	49.3	44.46	34.78
Other Amortization	4.57	9.58	2.58	3.33	2.59
Loss (Gain) From Sale of Assets	0.48	0.84	0.21	0.14	0.39
Asset Writedown & Restructuring Costs	13.4	6.3	7.04	1.47	-0.34
Loss (Gain) From Sale of Investments	10.8	-1.22	-1.05	-82.97	-133.82
Provision & Write-off of Bad Debts	-	11.48	8.34	12.79	20
Other Operating Activities	69.42	83.55	86.08	90.75	103.3
Change in Accounts Receivable	-76.27	104.2	-105.93	-492.12	-73.94
Change in Inventory	-27	-60.9	-49.14	-114.52	236.08
Change in Accounts Payable	75.3	46.48	-319.34	258.44	-9.45
Change in Other Net Operating Assets	1.52	-4.51	4.02	-3.42	7.74
Operating Cash Flow	69.36	302.16	-284.71	-190.88	372.99
Operating Cash Flow Growth	-77.04%	-	-	-	736.85%
Capital Expenditures	-100.12	-44.94	-215.25	-323.71	-56.73
Sale of Property, Plant & Equipment	0.88	1.54	6.52	2.22	4.29
Cash Acquisitions	-	-	-	-	0.03
Divestitures	-	-	-	399.22	118.99
Investment in Securities	10.8	-65.19	348.26	-388.12	-70.03
Other Investing Activities	-0.19	-12.7	-	-14.26	-
Investing Cash Flow	-88.63	-121.29	139.53	-324.65	-3.45
Short-Term Debt Issued	-	0.76	17.81	37.64	-
Long-Term Debt Issued	768.65	986.95	1,323	1,368	727
Total Debt Issued	768.65	987.71	1,340	1,406	727
Long-Term Debt Repaid	-805.2	-1,177	-1,291	-1,034	-1,084
Total Debt Repaid	-805.2	-1,177	-1,291	-1,034	-1,084
Net Debt Issued (Repaid)	-36.55	-189.13	49.2	371.24	-356.96
Common Dividends Paid	-47.8	-83.27	-49.98	-43.18	-51.66
Other Financing Activities	242.39	123.33	-29.35	6.47	65.08
Financing Cash Flow	158.04	-149.07	-30.12	334.53	-343.54
Foreign Exchange Rate Adjustments	0.06	-3.27	-4.31	-9.04	1.61
Net Cash Flow	138.83	28.53	-179.62	-190.03	27.61
Free Cash Flow	-30.75	257.23	-499.96	-514.59	316.27
Free Cash Flow Growth	-	-	-	-	4898.64%
Free Cash Flow Margin	-0.42%	3.29%	-7.05%	-8.32%	5.88%
Free Cash Flow Per Share	-0.05	0.46	-0.90	-0.87	0.59
Cash Income Tax Paid	83.29	89.04	86.22	76.33	115.98
Levered Free Cash Flow	-29.8	208.03	-547.68	-310.66	-73.98
Unlevered Free Cash Flow	-29.8	236.91	-509.64	-279.99	-31.8
Change in Working Capital	-30.58	78.25	-470.56	-349.93	159.02

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