JinFu Technology 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	100.88	141.21	111.07	104.57	121.33
Depreciation & Amortization	101.26	85.9	77.75	80.31	68.23
Other Amortization	-	0.28	-	-	0.09
Loss (Gain) From Sale of Assets	-5.94	0.05	-0.06	-1.75	-0.02
Asset Writedown & Restructuring Costs	4.15	0.14	0.21	0.01	1.02
Loss (Gain) From Sale of Investments	-0.21	-	-	-1.54	-1.68
Provision & Write-off of Bad Debts	-	1.12	1.49	1.11	0.65
Other Operating Activities	2.7	5.14	-4.13	-8.21	-15.94
Change in Accounts Receivable	25.19	-9.3	-57.01	-13.55	-2.14
Change in Inventory	-9.9	-50.65	31.02	-33.62	-16.19
Change in Accounts Payable	-6.64	9.97	43.97	45.07	24.8
Operating Cash Flow	210.76	183.46	203.25	171.01	180.03
Operating Cash Flow Growth	14.88%	-9.73%	18.85%	-5.01%	34.60%
Capital Expenditures	-149.07	-339.4	-516.84	-94.87	-83.59
Sale of Property, Plant & Equipment	8.69	1.37	1.67	2.39	-
Cash Acquisitions	-	-15.69	-15.69	-15.69	-56.31
Investment in Securities	-	-	-	60	-20
Other Investing Activities	1.19	2.09	10.62	15.06	17.82
Investing Cash Flow	-139.2	-351.64	-520.23	-33.1	-142.09
Long-Term Debt Issued	160.79	202.64	10	-	-
Total Debt Issued	160.79	202.64	10	-	-
Long-Term Debt Repaid	-62.82	-39.6	-10.88	-10.34	-37.11
Total Debt Repaid	-62.82	-39.6	-10.88	-10.34	-37.11
Net Debt Issued (Repaid)	97.97	163.04	-0.88	-10.34	-37.11
Common Dividends Paid	-83.27	-53.03	-20.86	-18.2	-98.8
Other Financing Activities	-2.99	8.65	-2.41	-2.94	-12.11
Financing Cash Flow	11.71	118.67	-24.15	-31.49	-148.02
Foreign Exchange Rate Adjustments	-0.5	-3.48	-1.05	-0.61	0.13
Net Cash Flow	82.77	-52.99	-342.18	105.81	-109.96
Free Cash Flow	61.69	-155.94	-313.59	76.14	96.43
Free Cash Flow Growth	-	-	-	-21.04%	155.13%
Free Cash Flow Margin	8.12%	-17.48%	-40.54%	10.32%	14.62%
Free Cash Flow Per Share	0.24	-0.60	-1.21	0.29	0.37
Cash Income Tax Paid	52.17	36.78	72.68	53.13	67.56
Levered Free Cash Flow	72.28	-222.18	-356.94	52.69	72.38
Unlevered Free Cash Flow	72.28	-221.33	-356.61	52.98	72.43
Change in Working Capital	7.92	-50.37	16.93	-3.48	6.36

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