Suzhou Hycan Holdings 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	111.52	70.74	8.43	10.94	17.58
Depreciation & Amortization	112.22	109.56	113.85	108.42	93.42
Other Amortization	5.45	12.29	5.44	6.96	6.63
Loss (Gain) From Sale of Assets	1.35	-8.53	-0.45	-0.26	-0.08
Asset Writedown & Restructuring Costs	22.94	2.75	46.27	63.15	57.9
Loss (Gain) From Sale of Investments	-2.07	-2.1	-1.1	-1.07	-1.36
Provision & Write-off of Bad Debts	-	-1.3	2.39	-5.66	-6.52
Other Operating Activities	10.52	46.31	57.95	54.64	58.45
Change in Accounts Receivable	183.4	-13.27	-59.39	28.35	-206.26
Change in Inventory	-7.39	47.59	-51.96	35.52	-40.75
Change in Accounts Payable	26.39	-70.31	39.25	73.01	107.06
Operating Cash Flow	466.38	204.24	152.84	373.12	81.16
Operating Cash Flow Growth	128.35%	33.63%	-59.04%	359.75%	307.55%
Capital Expenditures	-95.88	-120.77	-89.89	-85.24	-186.32
Sale of Property, Plant & Equipment	9.86	12.93	0.03	1.51	0.07
Cash Acquisitions	-	-	-9.42	-	0.12
Investment in Securities	-61.7	64.8	-2.31	47.77	-31.22
Other Investing Activities	2.07	1.16	1.13	0.64	1.23
Investing Cash Flow	-145.65	-41.87	-100.46	-35.31	-216.12
Long-Term Debt Issued	224	419.5	432.15	638.94	795.21
Total Debt Issued	224	419.5	432.15	638.94	795.21
Long-Term Debt Repaid	-569.65	-477.14	-516.65	-746.87	-664.87
Total Debt Repaid	-569.65	-477.14	-516.65	-746.87	-664.87
Net Debt Issued (Repaid)	-345.65	-57.64	-84.49	-107.93	130.34
Repurchase of Common Stock	-	-86.89	-46.41	-72.68	-
Common Dividends Paid	-41.92	-9.98	-15.9	-20.23	-41.25
Other Financing Activities	21.38	200.97	0.04	-	-0.75
Financing Cash Flow	-366.2	46.46	-146.77	-200.83	88.33
Foreign Exchange Rate Adjustments	-1.35	-0.15	-0.19	-1.36	-0.08
Net Cash Flow	-46.82	208.67	-94.57	135.62	-46.71
Free Cash Flow	370.5	83.47	62.96	287.88	-105.16
Free Cash Flow Growth	343.86%	32.59%	-78.13%	-	-
Free Cash Flow Margin	16.03%	3.41%	2.61%	12.71%	-4.48%
Free Cash Flow Per Share	1.11	0.26	0.22	0.79	-0.36
Cash Income Tax Paid	104.84	75.39	90.29	41.03	79.43
Levered Free Cash Flow	357.8	9.31	-20.77	280.11	-175.83
Unlevered Free Cash Flow	357.8	27.35	6.38	308.81	-143.05
Change in Working Capital	204.44	-25.49	-79.93	136	-144.86

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