Wuchan Zhongda Geron 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	152.16	157.6	125.64	104.05	128.26
Depreciation & Amortization	44.24	44.96	54.18	59.38	55.1
Other Amortization	1.8	3.8	3.22	3.13	1.77
Loss (Gain) From Sale of Assets	-0.11	-0.53	0.23	-0.2	-0.08
Asset Writedown & Restructuring Costs	78.76	0.19	-0.35	0.24	2.2
Loss (Gain) From Sale of Investments	-119.63	-5.05	1.3	-2.19	3.45
Provision & Write-off of Bad Debts	-	2.52	-1.1	1.44	3.48
Other Operating Activities	16.28	22.22	38.05	56.5	72.73
Change in Accounts Receivable	-83.11	24.24	-43.67	39.53	5.28
Change in Inventory	-81.01	14.06	14.54	71.15	-84.83
Change in Accounts Payable	32.92	7.17	47.16	27.66	-22.79
Operating Cash Flow	69.04	276.51	242.34	360.19	158.42
Operating Cash Flow Growth	-75.03%	14.10%	-32.72%	127.35%	-43.71%
Capital Expenditures	-54.78	-51.38	-21.2	-63.47	-63.35
Sale of Property, Plant & Equipment	0.21	28.31	0.6	0.6	0.2
Divestitures	-	-	-	0.03	-
Investment in Securities	261.35	-244.19	51.24	59.5	-128.53
Other Investing Activities	-9.61	0.43	1.43	20.98	4.44
Investing Cash Flow	197.16	-266.84	32.07	17.64	-187.24
Long-Term Debt Issued	724.01	381.29	308.63	278.3	673.15
Total Debt Issued	724.01	381.29	308.63	278.3	673.15
Long-Term Debt Repaid	-698.21	-326.33	-310.97	-637.75	-770.3
Total Debt Repaid	-698.21	-326.33	-310.97	-637.75	-770.3
Net Debt Issued (Repaid)	25.8	54.96	-2.34	-359.45	-97.15
Issuance of Common Stock	-	-	317.85	-	-
Common Dividends Paid	-50.54	-45	-31.46	-50.3	-47.48
Other Financing Activities	-9.63	1.18	1.24	-	-
Financing Cash Flow	-34.36	11.14	285.3	-409.75	-144.63
Foreign Exchange Rate Adjustments	-1.36	2.29	1.03	4.57	-0.96
Net Cash Flow	230.47	23.1	560.74	-27.35	-174.41
Free Cash Flow	14.25	225.13	221.14	296.71	95.08
Free Cash Flow Growth	-93.67%	1.80%	-25.47%	212.08%	-39.16%
Free Cash Flow Margin	0.59%	9.18%	7.93%	10.46%	3.02%
Free Cash Flow Per Share	0.07	1.09	1.09	1.68	0.54
Cash Income Tax Paid	129.1	123.42	122.27	122.03	124.04
Levered Free Cash Flow	2.78	195.06	137.25	257.65	20.35
Unlevered Free Cash Flow	2.78	206.34	150.22	280.08	46.69
Change in Working Capital	-104.47	50.8	21.16	137.84	-108.49

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