Shanghai Cooltech Power Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	57.43	50.94	35	32.27	28.89	8.44
Depreciation & Amortization	19.03	19.03	15.46	16.29	16.72	16.16
Other Amortization	1.94	1.94	1.26	1.25	1.22	0.71
Loss (Gain) From Sale of Assets	3.78	3.78	-0	0.24	0.07	0.25
Asset Writedown & Restructuring Costs	-0.23	-0.23	0.23	0.01	0.3	0.05
Loss (Gain) From Sale of Investments	-29.07	-29.07	-6.17	-4.77	-6.11	19.68
Provision & Write-off of Bad Debts	30.24	30.24	12.81	-16.68	-24.22	-3.1
Other Operating Activities	15.96	8.31	5.99	4.47	7.07	3.99
Change in Accounts Receivable	-235.38	-235.38	-71.3	24.82	-35.97	69.29
Change in Inventory	-456.91	-456.91	-73.12	-140.83	-25.81	11.98
Change in Accounts Payable	682.29	682.29	180.03	205.96	91.59	49.05
Operating Cash Flow	91.36	77.23	100.06	127.5	57.54	177.14
Operating Cash Flow Growth	-17.36%	-22.82%	-21.52%	121.59%	-67.52%	-
Capital Expenditures	-20.97	-19.05	-7.87	-7.87	-1.95	-3.11
Sale of Property, Plant & Equipment	0.73	0.97	0.01	0.27	0.12	0.14
Divestitures	-	-	-	-	-	-0.58
Investment in Securities	2.31	5.33	3.99	2.73	-74.24	26.58
Investing Cash Flow	-17.93	-12.76	-3.87	-4.86	-76.07	29.41
Long-Term Debt Issued	-	81.25	82.6	147.67	179.44	261.06
Total Debt Issued	119.8	81.25	82.6	147.67	179.44	261.06
Long-Term Debt Repaid	-	-96.15	-115.2	-203.01	-186.92	-207.29
Total Debt Repaid	-60.95	-96.15	-115.2	-203.01	-186.92	-207.29
Net Debt Issued (Repaid)	58.85	-14.9	-32.6	-55.34	-7.48	53.76
Common Dividends Paid	-3.14	-3.16	-4.7	-6.4	-8.11	-7.12
Other Financing Activities	-5.59	-4.09	-	-	-	-
Financing Cash Flow	50.12	-22.15	-37.3	-61.74	-15.59	46.64
Foreign Exchange Rate Adjustments	-5.24	-0.62	0.29	2.58	7.73	-3.35
Net Cash Flow	118.32	41.7	59.18	63.48	-26.39	249.86
Free Cash Flow	70.39	58.17	92.19	119.64	55.59	174.03
Free Cash Flow Growth	-30.46%	-36.90%	-22.94%	115.21%	-68.06%	-
Free Cash Flow Margin	3.49%	3.30%	7.24%	10.95%	6.35%	18.26%
Free Cash Flow Per Share	0.22	0.18	0.29	0.37	0.17	0.54
Cash Income Tax Paid	17.67	25.11	24.28	5.23	13.17	17.48
Levered Free Cash Flow	90.64	32.37	61.75	108.25	93.64	110.27
Unlevered Free Cash Flow	92.08	33.76	65.12	112.52	98.7	114.77
Change in Working Capital	-7.71	-7.71	35.48	94.42	33.6	130.96

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