HaiXin Foods Co.,Ltd 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	-41.23	-36.94	2.27	63.22	-34.43	71.02
Depreciation & Amortization	63.68	63.68	53.34	48.7	42.19	35.34
Other Amortization	10.57	10.57	6.42	6.22	6.33	1.3
Loss (Gain) From Sale of Assets	-0.12	-0.12	-0.68	-32.99	0.27	2.66
Asset Writedown & Restructuring Costs	10.81	10.81	2.7	0.4	5.38	0.93
Loss (Gain) From Sale of Investments	0.04	0.04	3.54	4.6	3.97	-6.64
Provision & Write-off of Bad Debts	3.96	3.96	11.72	14.24	0.31	5.5
Other Operating Activities	-108.22	10.27	10.16	7.11	1.85	0.53
Change in Accounts Receivable	11.73	11.73	-36.21	-37.56	18.75	-23.61
Change in Inventory	-30.08	-30.08	-70.87	8.6	-50.23	-27.45
Change in Accounts Payable	52.15	52.15	-4.97	94.73	-45.82	66.16
Change in Other Net Operating Assets	-	-	-	-2.87	2.87	-
Operating Cash Flow	-26.43	96.35	-23.42	172.18	-47.91	119.4
Capital Expenditures	-140.38	-135.58	-185.38	-222.75	-228.26	-94.76
Sale of Property, Plant & Equipment	2	0.11	0.01	42.83	0.28	1.66
Cash Acquisitions	-	-	-13.18	-	-	-13.06
Investment in Securities	50	-50	-70	-0.9	145.6	-22.77
Other Investing Activities	1.12	0.75	0.64	-	-	-
Investing Cash Flow	-87.26	-184.71	-267.91	-180.82	-82.38	-128.94
Long-Term Debt Issued	-	191.5	235.56	228.02	200.68	50
Long-Term Debt Repaid	-	-170.86	-159.61	-137.9	-69.32	-
Net Debt Issued (Repaid)	37.51	20.64	75.95	90.12	131.36	50
Issuance of Common Stock	-	-	375.37	-	-	2.34
Repurchase of Common Stock	-24.86	-24.86	-	-	-	-
Common Dividends Paid	-15.79	-36.89	-58.96	-7.27	-27.92	-24.04
Other Financing Activities	25.6	0.04	-	-	15.05	-0.83
Financing Cash Flow	22.46	-41.08	392.36	82.85	118.49	27.47
Foreign Exchange Rate Adjustments	0.81	0.61	-0.3	0.29	0.08	-0.16
Net Cash Flow	-90.41	-128.83	100.73	74.49	-11.72	17.77
Free Cash Flow	-166.81	-39.23	-208.8	-50.57	-276.17	24.64
Free Cash Flow Margin	-10.87%	-2.30%	-12.17%	-3.12%	-17.81%	1.53%
Free Cash Flow Per Share	-0.30	-0.07	-0.41	-0.10	-0.57	0.05
Cash Income Tax Paid	54.29	96.05	95.11	88.15	97.63	102.98
Levered Free Cash Flow	-275.09	-75.44	-221.53	-57.65	-233.56	-22.24
Unlevered Free Cash Flow	-265.95	-68.13	-215.73	-54.07	-231.65	-21.7
Change in Working Capital	34.08	34.08	-112.88	60.68	-73.77	8.75

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