Xiamen Sunrise Group Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Net Income	99.11	51.98	60.09	28.96	105.84	77.49
Depreciation & Amortization	149.48	149.48	132.9	114.61	123.06	106.91
Other Amortization	1.56	1.56	0.3	0.17	0.11	0.12
Loss (Gain) From Sale of Assets	-0.49	-0.49	-0.99	0.02	-0.5	0.81
Asset Writedown & Restructuring Costs	0.61	0.61	1.31	1.92	0.01	2.97
Loss (Gain) From Sale of Investments	-2.06	-2.06	0.78	5.54	-4.03	-0.55
Provision & Write-off of Bad Debts	-17.39	-17.39	41.64	13.43	34.82	8.64
Other Operating Activities	-67.79	36.64	30.92	30.13	60.6	61.78
Change in Accounts Receivable	203.3	203.3	-194.27	-25.37	-209.04	-184.61
Change in Inventory	241.77	241.77	235.22	114.81	-206.85	55.08
Change in Accounts Payable	-254.77	-254.77	85.41	-171.82	80.29	96.59
Operating Cash Flow	353.43	410.72	379.37	100.76	-47.25	219.07
Operating Cash Flow Growth	-5.44%	8.26%	276.52%	-	-	438.12%
Capital Expenditures	-208.49	-194.06	-256.99	-267.89	-159.47	-136.4
Sale of Property, Plant & Equipment	0.12	0	0.03	-	0.05	0.14
Investment in Securities	-	-	-	40.08	-40.04	-
Other Investing Activities	1.41	2.28	-1.96	-5.53	0.55	2.18
Investing Cash Flow	-206.96	-191.77	-258.91	-233.34	-198.91	-134.08
Long-Term Debt Issued	-	1,107	1,215	1,360	1,072	1,297
Long-Term Debt Repaid	-	-1,177	-1,303	-1,042	-1,118	-1,127
Net Debt Issued (Repaid)	-92.89	-70.08	-87.52	317.93	-45.5	169.7
Issuance of Common Stock	-	-	-	-	329.4	-
Common Dividends Paid	-86.53	-76.55	-39.22	-77.18	-74.24	-77.2
Other Financing Activities	-0.4	-0.4	-0.8	-1.24	-11.64	-2.1
Financing Cash Flow	-179.82	-147.03	-127.53	239.51	198.03	90.4
Foreign Exchange Rate Adjustments	-3.87	-0.34	-0.27	20.05	9.26	-9.77
Net Cash Flow	-37.22	71.57	-7.35	126.98	-38.87	165.62
Free Cash Flow	144.94	216.66	122.38	-167.13	-206.71	82.68
Free Cash Flow Growth	-14.21%	77.04%	-	-	-	-
Free Cash Flow Margin	4.12%	7.06%	3.10%	-4.95%	-5.47%	2.77%
Free Cash Flow Per Share	0.17	0.25	0.16	-0.23	-0.28	0.12
Cash Income Tax Paid	-	2.77	6.76	-45.79	21.98	28.12
Levered Free Cash Flow	216.91	119.06	106.39	-191.72	-140.14	28.79
Unlevered Free Cash Flow	237.29	143.02	133.91	-164.29	-107.46	62.65
Change in Working Capital	190.41	190.41	112.42	-94.02	-367.15	-39.07

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.