Guangdong Chant 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	280.22	216.68	159.03	76.4	-192.43
Depreciation & Amortization	416.18	430.53	414.8	345.59	190.28
Other Amortization	8.83	8.27	9.54	9.63	11.15
Loss (Gain) From Sale of Assets	20.77	2.19	-0	0.71	1.56
Asset Writedown & Restructuring Costs	144.27	4.23	16.6	-	154.95
Loss (Gain) From Sale of Investments	-147.39	-	-	-10.15	-17.35
Provision & Write-off of Bad Debts	34.23	-1.21	84.18	25.38	58.1
Other Operating Activities	252.28	298.64	300.44	255.08	183.74
Change in Accounts Receivable	-213.72	-444.13	-833.06	-505.12	-661.53
Change in Inventory	13.44	-126.24	82.01	-34.91	-70.6
Change in Accounts Payable	1.13	202.19	205.27	345.51	413.84
Operating Cash Flow	811.4	591.7	421.31	506.43	57.64
Operating Cash Flow Growth	37.13%	40.44%	-16.81%	778.54%	-76.58%
Capital Expenditures	-136.71	-154.07	-257.49	-333.84	-733.16
Sale of Property, Plant & Equipment	6.01	0.92	7.06	1.49	15.36
Divestitures	582.92	-	0.68	127.41	59.64
Investment in Securities	-9.64	-	-	-	-
Other Investing Activities	-	-	-	-	0.4
Investing Cash Flow	442.58	-153.15	-249.74	-204.94	-657.76
Long-Term Debt Issued	1,528	2,284	1,831	1,316	1,561
Long-Term Debt Repaid	-2,143	-2,302	-1,685	-1,329	-666.57
Net Debt Issued (Repaid)	-614.73	-18.12	146.5	-12.76	894.61
Common Dividends Paid	-347.14	-360.37	-252.01	-271.2	-384.76
Other Financing Activities	-2.35	-2.47	-4.84	-1.23	-
Financing Cash Flow	-964.23	-380.95	-110.35	-285.19	509.85
Net Cash Flow	289.75	57.6	61.22	16.3	-90.27
Free Cash Flow	674.69	437.63	163.83	172.6	-675.52
Free Cash Flow Growth	54.17%	167.12%	-5.08%	-	-
Free Cash Flow Margin	18.40%	11.56%	4.13%	5.04%	-21.87%
Free Cash Flow Per Share	0.79	0.59	0.22	0.23	-0.91
Cash Income Tax Paid	175.3	191.85	157.42	-25.61	54.79
Levered Free Cash Flow	520.05	41.85	-257.42	-157.84	-1,237
Unlevered Free Cash Flow	667.52	224.48	-72.2	0.77	-1,127
Change in Working Capital	-197.99	-367.63	-563.25	-196.2	-332.36

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