Wuhan Ligong Guangke 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	53.84	53.17	34.34	25.21	19.66	13.5
Depreciation & Amortization	13.43	13.43	12.32	11.9	11.29	10.58
Other Amortization	-	-	0.44	-	-	-
Loss (Gain) From Sale of Assets	-	-	-	-0.1	-0.02	-
Asset Writedown & Restructuring Costs	2.21	2.21	0.13	0.07	0.16	0.02
Loss (Gain) From Sale of Investments	-4.19	-4.19	-1.98	-2.64	-3.21	-3.13
Provision & Write-off of Bad Debts	-	-	18.45	10.15	18.27	10.94
Other Operating Activities	45.63	10.14	15.79	14.65	11.93	11.27
Change in Accounts Receivable	-72.01	-72.01	-62.03	-88.5	-90.68	-53.78
Change in Inventory	-22.92	-22.92	9.61	32.92	25.61	-73.05
Change in Accounts Payable	109.56	109.56	40.29	53.12	39.45	96.18
Change in Other Net Operating Assets	-	-	4.99	6.01	3.05	-
Operating Cash Flow	125.78	89.62	69.32	60.06	31.41	11.54
Operating Cash Flow Growth	88.30%	29.27%	15.41%	91.23%	172.28%	-51.73%
Capital Expenditures	-4.2	-4.18	-14.79	-17.88	-12.13	-13.25
Sale of Property, Plant & Equipment	0.01	0.01	-	0.17	0.04	-
Investment in Securities	-98.73	-98.73	-	-	-	-
Other Investing Activities	1.71	1.71	3.08	-	2.71	-
Investing Cash Flow	-101.21	-101.19	-11.72	-17.72	-9.38	-13.25
Short-Term Debt Issued	-	-	10	8	34.01	45.75
Long-Term Debt Issued	-	11.95	-	-	-	-
Total Debt Issued	11.95	11.95	10	8	34.01	45.75
Short-Term Debt Repaid	-	-	-18	-	-64.03	-80.29
Total Debt Repaid	-	-	-18	-	-64.03	-80.29
Net Debt Issued (Repaid)	11.95	11.95	-8	8	-30.02	-34.54
Issuance of Common Stock	-	-	-	5.04	433.54	-
Common Dividends Paid	-18.61	-18.61	-14.53	-14.49	-12.12	-1.23
Other Financing Activities	-6.66	-6.98	-11.8	-1.5	12.61	-1.74
Financing Cash Flow	-13.31	-13.64	-34.33	-2.95	404.02	-37.51
Net Cash Flow	11.25	-25.21	23.28	39.4	426.04	-39.22
Free Cash Flow	121.57	85.43	54.53	42.18	19.28	-1.72
Free Cash Flow Growth	125.09%	56.67%	29.27%	118.79%	-	-
Free Cash Flow Margin	16.48%	11.81%	8.43%	6.98%	3.54%	-0.39%
Free Cash Flow Per Share	0.93	0.70	0.45	0.35	0.17	-0.02
Cash Income Tax Paid	44.7	43.76	22.95	29.73	20.34	17.4
Levered Free Cash Flow	138.01	116.32	95.28	43.49	23.98	-21.06
Unlevered Free Cash Flow	138.01	116.32	95.41	43.62	24.77	-19.64
Change in Working Capital	14.86	14.86	-10.17	0.83	-26.66	-31.65

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.