Hollyland (China) Electronics Technology Corporation Limited (SHE:002729)

SHE:002729 Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Net Income	40.51	48.25	36.7	18.14	30.4	24.14
Depreciation & Amortization	14.71	14.71	12.99	13.61	12.78	12.03
Other Amortization	1.31	1.31	1.6	1.26	0.55	0.34
Loss (Gain) From Sale of Assets	-	-	-0.01	-	-4.96	0.01
Asset Writedown & Restructuring Costs	6.5	6.5	0.18	-0.25	0.06	0.36
Loss (Gain) From Sale of Investments	-1.69	-1.69	-0.31	-7.46	2.85	-0.14
Provision & Write-off of Bad Debts	-	-	-0.68	1.74	1.63	0.33
Other Operating Activities	31.16	2.05	5.3	6.21	1.09	3.71
Change in Accounts Receivable	-36.29	-36.29	-31.24	-55.12	-54.17	-10.18
Change in Inventory	13.68	13.68	-51.64	-3.61	-7.77	-19.71
Change in Accounts Payable	5.28	5.28	24.6	15.74	13.39	9.05
Change in Other Net Operating Assets	-	-	-	-	-0.01	-0.01
Operating Cash Flow	74.87	53.5	-2.2	-10.64	-4.57	19.85
Operating Cash Flow Growth	-	-	-	-	-	-34.12%
Capital Expenditures	-7.08	-8.4	-10.26	-10.71	-12.11	-6.59
Sale of Property, Plant & Equipment	0.01	0.01	0.05	0.72	5.14	0.07
Divestitures	-	-	-	-	0.11	-
Investment in Securities	-3.86	9.22	33.2	50.05	-40.11	-49.55
Other Investing Activities	0.09	0.16	0.49	0.37	0.14	0.67
Investing Cash Flow	-10.84	0.98	23.48	40.43	-46.82	-55.39
Long-Term Debt Issued	-	26.1	8	29.48	47.05	25
Total Debt Issued	21.1	26.1	8	29.48	47.05	25
Long-Term Debt Repaid	-	-29.6	-15.31	-52.96	-25.63	-10.12
Total Debt Repaid	-29.6	-29.6	-15.31	-52.96	-25.63	-10.12
Net Debt Issued (Repaid)	-8.5	-3.5	-7.31	-23.48	21.42	14.88
Common Dividends Paid	-5.97	-11.15	-5.98	-2.48	-4.75	-3.17
Other Financing Activities	-0.83	-0.83	-	-0.87	0.96	-
Financing Cash Flow	-15.31	-15.49	-13.29	-26.83	17.63	11.71
Foreign Exchange Rate Adjustments	-2.39	-1.19	0.71	0.26	1.59	-1.31
Net Cash Flow	46.34	37.81	8.7	3.22	-32.17	-25.14
Free Cash Flow	67.79	45.1	-12.46	-21.35	-16.67	13.27
Free Cash Flow Growth	-	-	-	-	-	-51.57%
Free Cash Flow Margin	16.11%	10.61%	-3.31%	-7.93%	-6.59%	5.96%
Free Cash Flow Per Share	0.37	0.24	-0.07	-0.12	-0.09	0.07
Cash Income Tax Paid	27.06	27.06	16.64	21.53	14.56	11.83
Levered Free Cash Flow	78.18	43.02	-27.16	-23.88	24.27	-43.59
Unlevered Free Cash Flow	78.18	43.02	-26.61	-22.53	25.2	-43.26
Change in Working Capital	-17.63	-17.63	-57.96	-43.88	-48.95	-20.92

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