Beijing Beetech 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	-96.39	-109.9	-141.97	36.29	4.15	75.61
Depreciation & Amortization	38.58	38.58	43.39	43.61	43.05	38.51
Other Amortization	2.96	2.96	2.96	3.03	2.84	2.24
Loss (Gain) From Sale of Assets	-0.34	-0.34	-0.2	-1.42	0.03	-0.34
Asset Writedown & Restructuring Costs	29.48	29.48	117.73	4.53	12.06	7.25
Loss (Gain) From Sale of Investments	12.34	12.34	-2.76	-2.88	-0.86	-2.35
Provision & Write-off of Bad Debts	22.27	22.27	19.59	5.23	-	-
Other Operating Activities	60.18	60.59	16.29	12.16	5.94	1.49
Change in Accounts Receivable	151.9	151.9	82.6	9.07	168.24	59.34
Change in Inventory	-4.29	-4.29	-6.39	34.57	-21.01	-64.73
Change in Accounts Payable	-131.66	-131.66	-74.42	-61.94	-119.51	-18.27
Change in Other Net Operating Assets	3.9	3.9	8.93	16.71	13.3	0.43
Operating Cash Flow	85.19	72.1	74.82	96.27	101.9	99.92
Operating Cash Flow Growth	99.17%	-3.63%	-22.28%	-5.52%	1.98%	36.70%
Capital Expenditures	-18.66	-38.64	-21.17	-15.91	-9.21	-41.02
Sale of Property, Plant & Equipment	0.07	0.15	7.1	3.81	0.54	0.02
Investment in Securities	23.99	20	-42.8	-16.3	-11.75	48.65
Other Investing Activities	8.26	2.56	0.08	-	-	2.38
Investing Cash Flow	13.67	-15.93	-56.78	-28.4	-20.41	10.03
Short-Term Debt Issued	-	-	-	-	20	20
Long-Term Debt Issued	-	-	-	20	-	-
Total Debt Issued	-	-	-	20	20	20
Short-Term Debt Repaid	-	-	-	-	-20	-25
Long-Term Debt Repaid	-	-7.76	-21.82	-72.15	-6.48	-7.62
Total Debt Repaid	-7.76	-7.76	-21.82	-72.15	-26.48	-32.62
Net Debt Issued (Repaid)	-7.76	-7.76	-21.82	-52.15	-6.48	-12.62
Issuance of Common Stock	-	-	13.23	13.8	-	-
Common Dividends Paid	-	-	-20.4	-24.82	-43.09	-21.55
Other Financing Activities	-3.98	-2.64	-0.15	1.15	-1.09	-0.51
Financing Cash Flow	-11.74	-10.39	-29.14	-62.03	-50.66	-34.68
Foreign Exchange Rate Adjustments	-3.42	-2.13	-0.29	0.69	3.44	-1.21
Net Cash Flow	83.7	43.65	-11.4	6.53	34.26	74.05
Free Cash Flow	66.54	33.47	53.65	80.36	92.69	58.89
Free Cash Flow Growth	2487.92%	-37.63%	-33.23%	-13.30%	57.38%	45.29%
Free Cash Flow Margin	8.71%	4.41%	6.99%	8.99%	12.90%	6.97%
Free Cash Flow Per Share	0.37	0.16	0.27	0.38	0.45	0.30
Cash Income Tax Paid	29.88	25.06	42.34	33.72	29.64	35.8
Levered Free Cash Flow	65.27	41.03	56.18	47.62	81.67	31.32
Unlevered Free Cash Flow	65.52	41.34	56.64	49.11	83.11	33.54
Change in Working Capital	16.11	16.11	19.8	-4.28	34.69	-22.5

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