Boai NKY Medical 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	185.75	349.68	493.03	291.46	207.05
Depreciation & Amortization	110.39	95.77	74.22	61.94	71.88
Other Amortization	3.8	9.26	4.77	3.9	4.32
Loss (Gain) From Sale of Assets	-2.46	-0.09	-0.04	0.87	0.46
Asset Writedown & Restructuring Costs	38.93	46.37	0.36	0.11	60.63
Loss (Gain) From Sale of Investments	-0.47	12.23	1.07	37.83	-201.64
Provision & Write-off of Bad Debts	-	-	9.61	45.82	11.7
Other Operating Activities	34.56	6.49	-5.03	-2.25	36.49
Change in Accounts Receivable	88.41	-27.84	-57.81	-163.95	9.25
Change in Inventory	59.09	-71.62	-61.94	-10.26	-39.3
Change in Accounts Payable	-171.43	-181.52	32.27	10.25	-104.68
Change in Other Net Operating Assets	-4.33	28.58	-4.23	-3.7	-0.63
Operating Cash Flow	338.11	256.03	488.25	251.77	43.44
Operating Cash Flow Growth	32.06%	-47.56%	93.93%	479.57%	-83.72%
Capital Expenditures	-220.42	-274.68	-377.88	-266	-228.32
Sale of Property, Plant & Equipment	13	0.04	0.17	0.42	15.81
Divestitures	-	4.95	8.93	0	1,970
Investment in Securities	-44.72	174.56	-175.86	549.93	254.98
Other Investing Activities	305.15	-	-	-587.08	-482.5
Investing Cash Flow	53.01	-95.14	-544.64	-302.72	1,530
Long-Term Debt Issued	445.46	626.79	14.98	26.68	607.68
Short-Term Debt Repaid	-	-	-	-	-30
Long-Term Debt Repaid	-566.83	-238.43	-27.34	-36.33	-1,289
Total Debt Repaid	-566.83	-238.43	-27.34	-36.33	-1,319
Net Debt Issued (Repaid)	-121.37	388.35	-12.37	-9.65	-711.66
Issuance of Common Stock	1.35	0.9	-	15.1	119.4
Repurchase of Common Stock	-	-1.9	-7.08	-400.07	-3.4
Common Dividends Paid	-129.32	-328.78	-164.26	-169.97	-41.49
Other Financing Activities	-1.7	0.06	-	-	-
Financing Cash Flow	-251.05	58.63	-183.71	-564.59	-637.15
Foreign Exchange Rate Adjustments	12.1	4.87	2.02	3.86	2.58
Net Cash Flow	152.18	224.4	-238.07	-611.68	938.42
Free Cash Flow	117.69	-18.65	110.37	-14.23	-184.88
Free Cash Flow Margin	9.99%	-1.16%	6.97%	-0.96%	-15.15%
Free Cash Flow Per Share	0.24	-0.04	0.23	-0.03	-0.37
Cash Income Tax Paid	57.47	83.63	240.09	147.89	62.9
Levered Free Cash Flow	266.02	-72.55	24.6	-25.77	136.38
Unlevered Free Cash Flow	266.02	-68.15	25.89	-24.13	159.96
Change in Working Capital	-32.39	-263.69	-89.73	-187.92	-147.44

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.