Beijing Enlight Media 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	2,167	292.02	417.81	-712.71	-311.68	291.05
Depreciation & Amortization	17.49	17.49	17.56	18.1	17.75	5.62
Other Amortization	1.37	1.37	0.84	6.68	7.06	6.73
Loss (Gain) From Sale of Assets	-	-	0.14	-	-	-0
Asset Writedown & Restructuring Costs	0.01	0.01	0.05	0	0.16	149.27
Loss (Gain) From Sale of Investments	74.3	74.3	-38.28	693.26	718.09	40.34
Provision & Write-off of Bad Debts	30.88	30.88	69.83	-4.96	-5.66	-
Other Operating Activities	597.51	60.06	24.84	108.38	-12.25	28.6
Change in Accounts Receivable	121.6	121.6	-228.99	49.52	301.34	-142.02
Change in Inventory	-14.54	-14.54	-10.14	-6.75	-197.74	182.97
Change in Accounts Payable	-274.08	-274.08	382.68	-147.14	16.16	-556.54
Change in Other Net Operating Assets	34.67	34.67	14.88	-	-	-
Operating Cash Flow	2,751	338.76	642.1	-7.46	535.85	-14.27
Operating Cash Flow Growth	143.50%	-47.24%	-	-	-	-
Capital Expenditures	-1,238	-7.87	-3.9	-3.05	-3.3	-0.76
Sale of Property, Plant & Equipment	0	-	0.04	-	0.03	0.02
Divestitures	-	-	-0.23	-	-	-
Investment in Securities	-124.89	-996.65	77.69	1,519	-1,408	306.18
Other Investing Activities	33.9	-4.28	0.25	46.06	95.34	-17.04
Investing Cash Flow	-1,329	-1,009	73.85	1,562	-1,316	288.39
Long-Term Debt Issued	-	-	-	32.64	-	7.55
Long-Term Debt Repaid	-	-30.98	-34.44	-16.01	-7.05	-686
Net Debt Issued (Repaid)	-18.98	-30.98	-34.44	16.63	-7.05	-678.45
Issuance of Common Stock	39.51	41.48	-	-	-	-
Repurchase of Common Stock	-	-	-	-150	-	-
Common Dividends Paid	-584.75	-204.41	-147.6	-586.25	-29.34	-180.62
Other Financing Activities	1.84	-	-	-	-	-
Financing Cash Flow	-562.38	-193.91	-182.04	-719.62	-36.39	-859.07
Foreign Exchange Rate Adjustments	0.24	0.61	0.54	3.2	-0.64	-2.08
Net Cash Flow	859.39	-863.34	534.45	838.5	-817.41	-587.02
Free Cash Flow	1,513	330.89	638.2	-10.51	532.55	-15.03
Free Cash Flow Growth	34.39%	-48.15%	-	-	-	-
Free Cash Flow Margin	40.23%	20.87%	41.29%	-1.39%	45.61%	-1.30%
Free Cash Flow Per Share	0.51	0.11	0.21	-0.00	0.19	-0.01
Cash Interest Paid	0.05	0.05	0.05	0.05	0.08	0.08
Cash Income Tax Paid	302.3	152.28	35.89	60.96	49.64	105.12
Levered Free Cash Flow	788.42	206.17	506.82	10.15	413.18	-272.55
Unlevered Free Cash Flow	790.42	208.41	509.43	12.39	415.69	-253
Change in Working Capital	-137.38	-137.38	149.32	-116.21	122.37	-535.88

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