Tus-Design Group 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	Dec '21 Dec 31, 2021
Net Income	-102.62	-99.44	-330.77	14.11	136.93
Depreciation & Amortization	38.87	42.4	37.38	37.87	65.74
Other Amortization	2.3	7.45	3.11	3.68	3.87
Loss (Gain) From Sale of Assets	3.86	-0.52	8.84	5.62	-0.28
Asset Writedown & Restructuring Costs	82.43	62.94	233.99	0	19.3
Loss (Gain) From Sale of Investments	-5.01	-29.73	-23.38	-30.21	1.96
Provision & Write-off of Bad Debts	-	197.07	123.3	102.43	54.12
Other Operating Activities	195.84	10.05	16.4	8.42	13.33
Change in Accounts Receivable	82.76	167.16	154.21	-323.77	-105.02
Change in Inventory	4.23	3.28	-4.29	3.23	-493.14
Change in Accounts Payable	-138.38	-197.08	102.09	212.38	469.93
Change in Other Net Operating Assets	-	-28.39	-	-	-
Operating Cash Flow	139.79	104.44	309.21	12.58	157.44
Operating Cash Flow Growth	33.84%	-66.22%	2357.95%	-92.01%	-39.07%
Capital Expenditures	-67.63	-24.74	-171.77	-78.11	-89.48
Sale of Property, Plant & Equipment	0.19	0.09	5.36	12.04	0.26
Divestitures	2.56	0.65	10.84	-	0.55
Investment in Securities	-4.09	115.87	-2.63	-86.56	-8.62
Other Investing Activities	0.21	0.61	8.66	10.91	-8.76
Investing Cash Flow	-68.77	92.47	-149.55	-141.72	-94.65
Long-Term Debt Issued	125.17	688.89	498.79	499.48	474.96
Long-Term Debt Repaid	-214.55	-777.62	-507.9	-433.76	-442.6
Net Debt Issued (Repaid)	-89.38	-88.72	-9.11	65.73	32.36
Repurchase of Common Stock	-	-	-	-0	-0
Common Dividends Paid	-37.62	-28.05	-43.56	-33.21	-30.9
Other Financing Activities	-11.47	2.13	-3.14	0.09	-1.13
Financing Cash Flow	-138.46	-114.64	-55.82	32.6	0.33
Foreign Exchange Rate Adjustments	0.09	0.09	0.08	0.15	-0.08
Net Cash Flow	-67.35	82.36	103.93	-96.39	63.04
Free Cash Flow	72.16	79.7	137.45	-65.53	67.96
Free Cash Flow Growth	-9.46%	-42.01%	-	-	-69.17%
Free Cash Flow Margin	7.21%	6.73%	8.61%	-3.53%	2.95%
Free Cash Flow Per Share	0.41	0.46	0.79	-0.37	0.39
Cash Income Tax Paid	80.61	64.76	66.1	83.52	95.11
Levered Free Cash Flow	187.48	259.71	116.48	-66.17	49.61
Unlevered Free Cash Flow	187.48	271.67	129.1	-56.14	61.1
Change in Working Capital	-75.88	-85.8	240.36	-129.35	-137.52

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