Guangdong Chant Group Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	298.59	280.22	216.68	159.03	76.4	-192.43
Depreciation & Amortization	416.18	416.18	430.53	414.8	345.59	190.28
Other Amortization	8.83	8.83	8.27	9.54	9.63	11.15
Loss (Gain) From Sale of Assets	20.77	20.77	2.19	-0	0.71	1.56
Asset Writedown & Restructuring Costs	144.27	144.27	4.23	16.6	-	154.95
Loss (Gain) From Sale of Investments	-147.39	-147.39	-	-	-10.15	-17.35
Provision & Write-off of Bad Debts	34.23	34.23	-1.21	84.18	25.38	58.1
Other Operating Activities	245.43	252.28	298.64	300.44	255.08	183.74
Change in Accounts Receivable	-213.72	-213.72	-444.13	-833.06	-505.12	-661.53
Change in Inventory	13.44	13.44	-126.24	82.01	-34.91	-70.6
Change in Accounts Payable	1.13	1.13	202.19	205.27	345.51	413.84
Operating Cash Flow	822.92	811.4	591.7	421.31	506.43	57.64
Operating Cash Flow Growth	161.16%	37.13%	40.44%	-16.81%	778.54%	-76.58%
Capital Expenditures	-168.58	-136.71	-154.07	-257.49	-333.84	-733.16
Sale of Property, Plant & Equipment	8.16	6.01	0.92	7.06	1.49	15.36
Divestitures	444.12	582.92	-	0.68	127.41	59.64
Investment in Securities	-4.61	-9.64	-	-	-	-
Other Investing Activities	-	-	-	-	-	0.4
Investing Cash Flow	279.09	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)	-549.54	-614.73	-18.12	146.5	-12.76	894.61
Common Dividends Paid	-335.43	-347.14	-360.37	-252.01	-271.2	-384.76
Other Financing Activities	-2.86	-2.35	-2.47	-4.84	-1.23	-
Financing Cash Flow	-887.83	-964.23	-380.95	-110.35	-285.19	509.85
Net Cash Flow	214.18	289.75	57.6	61.22	16.3	-90.27
Free Cash Flow	654.34	674.69	437.63	163.83	172.6	-675.52
Free Cash Flow Growth	267.88%	54.17%	167.12%	-5.08%	-	-
Free Cash Flow Margin	18.16%	18.40%	11.56%	4.13%	5.04%	-21.87%
Free Cash Flow Per Share	0.74	0.79	0.59	0.22	0.23	-0.91
Cash Income Tax Paid	189.96	175.3	191.85	157.42	-25.61	54.79
Levered Free Cash Flow	359.21	520.05	41.85	-257.42	-157.84	-1,237
Unlevered Free Cash Flow	506.67	667.52	224.48	-72.2	0.77	-1,127
Change in Working Capital	-197.99	-197.99	-367.63	-563.25	-196.2	-332.36

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