East Money Information 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	Dec '21 Dec 31, 2021
Net Income	12,085	9,610	8,193	8,509	8,553
Depreciation & Amortization, Total	413.37	423.23	455.75	393.84	326.52
Gain (Loss) On Sale of Investments	-436.97	-759.77	-280.54	417.5	-392.03
Stock-Based Compensation	12.84	10.26	-40.05	52.73	48.14
Change in Accounts Receivable	-72,690	-8,854	-19,823	-27,637	-40,129
Change in Accounts Payable	49,134	43,170	7,779	19,017	39,515
Change in Other Net Operating Assets	-	20.65	-	-	-
Other Operating Activities	940.56	745.28	556.23	507.88	968.32
Operating Cash Flow	-10,222	44,588	-3,138	1,277	8,974
Capital Expenditures	-156.57	-234.81	-522.66	-617.56	-1,386
Cash Acquisitions	-	-	-	-	0.08
Investment in Securities	2,516	-6,945	-10,155	4,963	-13,557
Other Investing Activities	637.42	784.41	319.2	458.8	68.79
Investing Cash Flow	2,997	-6,392	-10,356	4,805	-14,873
Short-Term Debt Issued	-	4,504	1,749	-	-
Long-Term Debt Issued	63,615	45,010	44,316	37,679	58,780
Total Debt Issued	63,615	49,514	46,066	37,679	58,780
Short-Term Debt Repaid	-	-34,711	-33,019	-	-
Long-Term Debt Repaid	-37,628	-97.59	-409.53	-38,183	-29,908
Total Debt Repaid	-37,628	-34,809	-33,428	-38,183	-29,908
Net Debt Issued (Repaid)	25,987	14,705	12,637	-504.32	28,873
Issuance of Common Stock	252.46	-	-	-	-
Repurchase of Common Stock	-	-488.32	-511.69	-	-
Common Dividends Paid	-2,156	-1,678	-1,730	-1,728	-1,126
Other Financing Activities	-71.21	-	-	1.04	-
Financing Cash Flow	24,013	12,540	10,396	-2,232	27,747
Foreign Exchange Rate Adjustments	-65.03	42.09	33.36	306.51	-29.61
Net Cash Flow	16,722	50,777	-3,065	4,158	21,819
Free Cash Flow	-10,379	44,353	-3,660	659.91	7,588
Free Cash Flow Growth	-	-	-	-91.30%	78.42%
Free Cash Flow Margin	-64.83%	386.85%	-33.37%	5.34%	59.87%
Free Cash Flow Per Share	-0.66	2.81	-0.23	0.04	0.51
Cash Interest Paid	-	4,095	3,441	2,731	2,700
Cash Income Tax Paid	-	1,943	1,850	2,159	2,244

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.