Qingdao Greensum Ecology Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Net Income	-71.4	-70.9	34.17	56.23	78.13	63.49
Depreciation & Amortization	5.27	5.27	5.44	5.45	5.34	4.95
Other Amortization	-	-	-	0.05	-	-
Loss (Gain) From Sale of Assets	0.02	0.02	-0	0.05	0.01	-0.02
Asset Writedown & Restructuring Costs	0.03	0.03	0.02	0.01	0.02	0.04
Loss (Gain) From Sale of Investments	-12.59	-12.59	-8.41	-16.05	-5.58	-1.6
Provision & Write-off of Bad Debts	38.87	38.87	31.06	15.5	22.6	4.48
Other Operating Activities	86.03	24.49	3.78	1.9	7.43	2.75
Change in Accounts Receivable	136.67	136.67	-127.28	-168.83	-215.07	15.74
Change in Inventory	-1.17	-1.17	1.02	0.9	-96.75	0.39
Change in Accounts Payable	-169.16	-169.16	37.09	92.76	88.04	-11.09
Operating Cash Flow	3.08	-57.97	-28.56	-14.23	-120.22	78.27
Operating Cash Flow Growth	-	-	-	-	-	-22.97%
Capital Expenditures	-40.75	-13.73	-9.55	-15.67	-30.54	-5.75
Sale of Property, Plant & Equipment	0.14	0.07	0.05	0.13	0.01	0.11
Divestitures	0.5	1.37	-	13.74	-	-
Investment in Securities	187	94	-271	-55.1	-33	-27.38
Other Investing Activities	20.11	6.57	3.06	2.43	2.69	-
Investing Cash Flow	167	88.28	-277.44	-54.48	-60.84	-33.03
Long-Term Debt Issued	-	15.85	490.3	90.02	5.53	19
Long-Term Debt Repaid	-	-100.9	-91.02	-1.69	-28.38	-39.95
Net Debt Issued (Repaid)	-0.35	-85.05	399.28	88.32	-22.85	-20.95
Issuance of Common Stock	-	-	-	-	275.42	-
Repurchase of Common Stock	-14.93	-14.93	-	-	-	-
Common Dividends Paid	-2.47	-9.25	-10.21	-10.43	-7.47	-2.85
Dividends Paid	-2.47	-9.25	-10.21	-10.43	-7.47	-2.85
Other Financing Activities	-0.11	-	-1.8	0.16	-12.39	-
Financing Cash Flow	-17.86	-109.23	387.27	78.06	232.71	-23.8
Net Cash Flow	152.22	-78.92	81.26	9.35	51.66	21.44
Free Cash Flow	-37.68	-71.7	-38.11	-29.9	-150.76	72.52
Free Cash Flow Growth	-	-	-	-	-	-23.05%
Free Cash Flow Margin	-34.62%	-49.35%	-10.11%	-6.59%	-37.50%	24.83%
Free Cash Flow Per Share	-0.27	-0.51	-0.27	-0.21	-1.11	0.62
Cash Interest Paid	-	-	-	-	0.7	-
Cash Income Tax Paid	6.64	7.72	18.92	36.57	15.81	40.41
Levered Free Cash Flow	-13.48	-60.27	-58.65	-43.46	-164.63	65.47
Unlevered Free Cash Flow	-0.04	-46.85	-51.01	-41.68	-164.3	67.2
Change in Working Capital	-43.16	-43.16	-94.62	-77.37	-228.17	4.17

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