Hubei Forbon Technology 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	64.83	61.36	93.59	71.55	53.85	39.45
Depreciation & Amortization	40.63	40.63	39.84	31.39	24.52	23.89
Other Amortization	2.17	2.17	1.87	1.33	1.29	0.34
Loss (Gain) From Sale of Assets	1.31	1.31	-0.02	-0	-0.06	-
Asset Writedown & Restructuring Costs	2.13	2.13	11.75	-0	-0	10.66
Loss (Gain) From Sale of Investments	-10.69	-10.69	-0.81	-0.89	-2.69	-2.13
Provision & Write-off of Bad Debts	-	-	2.33	1.35	1.78	-1.3
Other Operating Activities	38.27	15.86	17.31	10.08	21.48	19.28
Change in Accounts Receivable	-39.32	-39.32	-36.56	-37.58	-62.75	50.77
Change in Inventory	-18.05	-18.05	-12.37	-4.78	-33.72	-16.6
Change in Accounts Payable	-19.43	-19.43	29.85	26.66	31.33	-5.23
Operating Cash Flow	63.8	37.92	147.43	102.01	31.15	115.55
Operating Cash Flow Growth	-36.86%	-74.28%	44.53%	227.47%	-73.04%	14.63%
Capital Expenditures	-9.35	-9.98	-19.44	-18.47	-9.55	-42.07
Sale of Property, Plant & Equipment	0	0.03	0.04	0.01	0.09	0.01
Cash Acquisitions	-	-	-79.79	-41.66	-5	-
Investment in Securities	-72.53	-3.81	45.06	-66.89	30.43	-52.96
Other Investing Activities	0.47	0.52	1.24	0.94	-	-
Investing Cash Flow	-81.4	-13.24	-52.88	-126.07	15.97	-95.03
Short-Term Debt Issued	-	-	-	-	8	-
Long-Term Debt Issued	-	249	50.08	154.75	76	54.7
Total Debt Issued	230.5	249	50.08	154.75	84	54.7
Short-Term Debt Repaid	-	-	-	-	-8	-
Long-Term Debt Repaid	-	-195.05	-65.79	-103.48	-142.97	-59.61
Total Debt Repaid	-193.06	-195.05	-65.79	-103.48	-150.97	-59.61
Net Debt Issued (Repaid)	37.44	53.95	-15.71	51.27	-66.97	-4.91
Repurchase of Common Stock	-	-	-	-	-3.7	-4.42
Common Dividends Paid	-30.6	-30.83	-18.53	-36.13	-28.2	-28.46
Other Financing Activities	-39.37	-36.75	20.2	10	-	-0.22
Financing Cash Flow	-32.53	-13.63	-14.05	25.14	-98.87	-38.01
Foreign Exchange Rate Adjustments	13.22	13.61	-12.03	12.99	2.89	-17.96
Net Cash Flow	-36.91	24.66	68.47	14.07	-48.86	-35.44
Free Cash Flow	54.46	27.94	128	83.54	21.6	73.49
Free Cash Flow Growth	-36.88%	-78.17%	53.22%	286.81%	-70.61%	82.55%
Free Cash Flow Margin	3.84%	2.02%	10.36%	7.97%	2.55%	10.76%
Free Cash Flow Per Share	0.18	0.09	0.44	0.29	0.08	0.26
Cash Income Tax Paid	43.79	49.15	38.45	53.89	44.89	21.73
Levered Free Cash Flow	77.83	39.93	52.45	89.42	-7.39	32.14
Unlevered Free Cash Flow	77.83	39.93	60.81	97.47	1.72	41.4
Change in Working Capital	-74.85	-74.85	-18.43	-12.8	-69.01	25.36

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