GHT Co.,Ltd 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	Jan '22 Jan 1, 2022
Net Income	124.01	73.87	61.21	48.82	43.71
Depreciation & Amortization	19.16	8.24	8.49	8.11	8.03
Other Amortization	1.29	1.83	0.58	0.47	0.53
Loss (Gain) From Sale of Assets	-0.76	-0.06	-0.04	-0.03	0.02
Asset Writedown & Restructuring Costs	3.38	0.07	0.08	3.13	6.66
Loss (Gain) From Sale of Investments	-2.64	-4.61	-0.71	-0.67	-
Provision & Write-off of Bad Debts	-	0.34	-0.26	-	-
Other Operating Activities	33.84	-0.25	-0.78	-1.67	0.41
Change in Accounts Receivable	-140.8	-85.82	-18.59	-242.88	46.36
Change in Inventory	14.01	39.7	-5.94	15.43	-59.67
Change in Accounts Payable	47.97	25.65	-13.24	225.87	-7.4
Change in Other Net Operating Assets	-0.99	20.43	19.33	28.47	-
Operating Cash Flow	88.46	75.52	49.63	80.05	36.92
Operating Cash Flow Growth	17.14%	52.17%	-38.00%	116.83%	-47.60%
Capital Expenditures	-32.24	-6.17	-5.07	-4.14	-9.07
Sale of Property, Plant & Equipment	0.83	0.02	0.01	0.01	0
Cash Acquisitions	-184.14	-14.78	-	-	-
Investment in Securities	168.42	-130	-	-	-
Other Investing Activities	12.16	-	-	-20	-
Investing Cash Flow	-34.96	-150.94	-5.06	-24.14	-9.07
Long-Term Debt Issued	13	-	-	-	-
Total Debt Issued	13	-	-	-	-
Long-Term Debt Repaid	-13	-	-	-	-
Total Debt Repaid	-13	-	-	-	-
Common Dividends Paid	-49.97	-24.92	-16.61	-22.84	-7.89
Other Financing Activities	-6.99	-0.01	-0.05	-0.02	-0.01
Financing Cash Flow	-56.96	-24.93	-16.66	-22.86	-7.9
Foreign Exchange Rate Adjustments	-0.51	0.32	0.33	1.67	-0.41
Net Cash Flow	-3.96	-100.02	28.25	34.72	19.55
Free Cash Flow	56.23	69.35	44.56	75.91	27.85
Free Cash Flow Growth	-18.92%	55.64%	-41.30%	172.55%	-56.32%
Free Cash Flow Margin	7.57%	12.76%	9.88%	19.80%	8.05%
Free Cash Flow Per Share	0.23	0.28	0.18	0.30	0.11
Cash Interest Paid	-	0.01	0.05	0.02	0.01
Cash Income Tax Paid	58.44	35.27	37.47	15.66	15.35
Levered Free Cash Flow	90.17	63.64	0.35	61.02	8.45
Unlevered Free Cash Flow	90.17	63.64	0.35	61.02	8.45
Change in Working Capital	-89.83	-3.9	-18.93	21.89	-22.43

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