Guangzhou Jinyi Media 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	29.25	-90.35	13.35	-381.33	-355.95
Depreciation & Amortization	211.45	256.27	314.97	392.29	419.29
Other Amortization	88.19	107.6	121.85	120.33	132.71
Loss (Gain) From Sale of Assets	-74.47	-147.38	-43.08	-75.68	23.86
Asset Writedown & Restructuring Costs	29.39	17.67	25.91	13.63	44.56
Loss (Gain) From Sale of Investments	-8.73	0.43	51.02	-3.42	-1.15
Provision & Write-off of Bad Debts	-	1.01	2.91	19.52	-
Other Operating Activities	93.44	129.59	141.43	160.32	178.68
Change in Accounts Receivable	20.39	-41.9	26.44	97.71	77.76
Change in Inventory	2.43	-1.12	-4.34	1.05	2.08
Change in Accounts Payable	-44.62	-73.28	-136.81	-75.31	-67
Operating Cash Flow	335.02	156.37	458.23	268.43	423.73
Operating Cash Flow Growth	114.25%	-65.88%	70.71%	-36.65%	-
Capital Expenditures	-37.67	-51.49	-98.45	-90.26	-216.1
Sale of Property, Plant & Equipment	2.17	1.63	0.49	0.04	0.27
Investment in Securities	-29.33	109.05	-48.7	-0.66	142.96
Other Investing Activities	5.17	5.89	1.05	3.44	3.53
Investing Cash Flow	-59.67	65.08	-145.61	-87.43	-69.33
Long-Term Debt Issued	365	572.52	560.6	432.76	212.72
Total Debt Issued	365	572.52	560.6	432.76	212.72
Long-Term Debt Repaid	-549.12	-946.47	-713.31	-637.1	-519.11
Total Debt Repaid	-549.12	-946.47	-713.31	-637.1	-519.11
Net Debt Issued (Repaid)	-184.12	-373.95	-152.71	-204.34	-306.39
Common Dividends Paid	-10.64	-14.47	-14.5	-14.59	-17
Other Financing Activities	-206.64	167.63	-160.87	-6.9	-2.94
Financing Cash Flow	-401.41	-220.78	-328.08	-225.83	-326.33
Foreign Exchange Rate Adjustments	-2.42	1.77	2.84	14.6	-4.22
Net Cash Flow	-128.48	2.44	-12.62	-30.23	23.85
Free Cash Flow	297.34	104.88	359.78	178.17	207.63
Free Cash Flow Growth	183.50%	-70.85%	101.93%	-14.19%	-
Free Cash Flow Margin	25.86%	10.36%	26.34%	20.81%	15.24%
Free Cash Flow Per Share	0.81	0.28	1.08	0.47	0.55
Cash Income Tax Paid	36.92	35.32	36.88	-35.65	20.16
Levered Free Cash Flow	279.41	27.74	265.94	263.83	176.02
Unlevered Free Cash Flow	279.41	104.99	364.53	383.35	296.25
Change in Working Capital	-33.51	-118.47	-170.12	22.77	-18.27

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