Newcapec Electronics Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Net Income	95.65	110.21	107.51	112.42	161	181.89
Depreciation & Amortization	18.2	18.2	85.59	67.61	49.98	34.8
Other Amortization	81.4	81.4	1.41	1.46	0.96	1.3
Loss (Gain) From Sale of Assets	-0.16	-0.16	-0.05	0.96	-0.02	0.03
Asset Writedown & Restructuring Costs	0.22	0.22	24.43	7.07	0.08	3.91
Loss (Gain) From Sale of Investments	8.88	8.88	0.14	-2.75	2.47	1.48
Provision & Write-off of Bad Debts	16.77	16.77	28.52	2.89	23.06	11.61
Other Operating Activities	4.64	0.34	2.22	37.54	18.29	5.32
Change in Accounts Receivable	-0.19	-0.19	-104.63	-62.13	-124.58	15.15
Change in Inventory	76.37	76.37	34.98	52.7	-43.64	-17.54
Change in Accounts Payable	-28.91	-28.91	-49.85	-118.06	77.78	-40.48
Change in Other Net Operating Assets	-9.15	-9.15	-	-	-	-
Operating Cash Flow	261.66	271.92	119.98	90.65	161.26	196.77
Operating Cash Flow Growth	15.53%	126.64%	32.36%	-43.79%	-18.05%	12.26%
Capital Expenditures	-192.1	-165.84	-167.17	-164.51	-95.56	-82.26
Sale of Property, Plant & Equipment	0.17	0.14	0.03	0.02	0.11	0.1
Cash Acquisitions	-	-	-0.6	-0.44	0.93	-0.75
Investment in Securities	-83	-80	10.01	-67.31	-103.3	22.97
Other Investing Activities	16.19	1.34	0.31	1.89	1.29	2.11
Investing Cash Flow	-258.74	-244.36	-157.42	-230.36	-196.54	-57.84
Long-Term Debt Issued	-	117.93	168.66	145.98	57	35
Long-Term Debt Repaid	-	-145.23	-150.98	-92.07	-58.86	-99.61
Net Debt Issued (Repaid)	48.54	-27.3	17.68	53.92	-1.86	-64.61
Issuance of Common Stock	-	-	-	1.61	-	-
Repurchase of Common Stock	-	-	-	-	-6.7	-43.3
Common Dividends Paid	-40.82	-41.37	-34.1	-34.44	-31.23	-33.01
Other Financing Activities	-1.82	-	-	-	85.22	-8.82
Financing Cash Flow	5.89	-68.67	-16.43	21.08	45.42	-149.74
Net Cash Flow	8.81	-41.1	-53.87	-118.63	10.15	-10.81
Free Cash Flow	69.56	106.08	-47.19	-73.87	65.7	114.51
Free Cash Flow Growth	-16.21%	-	-	-	-42.63%	-2.28%
Free Cash Flow Margin	7.16%	10.78%	-4.45%	-6.91%	6.46%	12.19%
Free Cash Flow Per Share	0.15	0.22	-0.10	-0.15	0.14	0.24
Cash Income Tax Paid	67.23	66.27	69.74	62.45	52.2	61.41
Levered Free Cash Flow	-131.53	64.28	-63.33	-82.79	5.69	15.88
Unlevered Free Cash Flow	-130.15	65.69	-61.46	-79.84	7.63	18.11
Change in Working Capital	36.06	36.06	-129.78	-136.54	-94.56	-43.57

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.