Hynar Water Group 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	-269.38	-247.16	-34.93	-1.22	39.03	92.43
Depreciation & Amortization	63.59	63.59	62.66	53.84	33.13	25.66
Other Amortization	3.65	3.65	2.58	2.57	1.27	0.51
Loss (Gain) From Sale of Assets	-0	-0	-0	-0	0.01	-0.37
Asset Writedown & Restructuring Costs	128.92	128.92	41.86	31.06	23.66	13.22
Loss (Gain) From Sale of Investments	66.69	66.69	0.64	1.46	-0.16	-
Other Operating Activities	122.54	52.51	55.27	46.95	31.17	21.59
Change in Accounts Receivable	-57.22	-57.22	-577.96	-119.6	-180.54	-400.61
Change in Inventory	-0.35	-0.35	1.74	-1.67	-2.34	33.97
Change in Accounts Payable	-34.75	-34.75	503.84	-29.56	-118.14	27
Change in Other Net Operating Assets	-	-	-	-	-	0.17
Operating Cash Flow	14.08	-33.74	45.45	-25.54	-177.66	-190.28
Capital Expenditures	-10.67	-72.15	-148.4	-165.82	-313.66	-35.62
Sale of Property, Plant & Equipment	0.01	0	-	0.07	0.01	0.53
Cash Acquisitions	-	-	-	-	-	-11.7
Divestitures	5.92	-	-	-	-0.15	-
Investment in Securities	15.9	15.68	-2.13	19.78	-29.78	0.5
Other Investing Activities	-	-	-	0.16	0.13	-
Investing Cash Flow	11.16	-56.47	-150.53	-145.82	-343.45	-46.29
Long-Term Debt Issued	-	809.18	757.42	438.7	841.32	426.5
Long-Term Debt Repaid	-	-719.02	-622.36	-343.55	-431.55	-157.55
Net Debt Issued (Repaid)	89.28	90.16	135.06	95.14	409.78	268.95
Issuance of Common Stock	-	-	-	-	375.88	-
Common Dividends Paid	-23.08	-38	-40.64	-43.56	-37.61	-14.93
Other Financing Activities	-92.13	-3.86	-5.2	-33.62	-53.38	-11.09
Financing Cash Flow	-25.93	48.3	89.22	17.96	694.67	242.93
Foreign Exchange Rate Adjustments	0.01	0.23	0.34	1.68	-0.43	-1.29
Net Cash Flow	-0.69	-41.67	-15.53	-151.71	173.14	5.06
Free Cash Flow	3.4	-105.89	-102.96	-191.36	-491.32	-225.91
Free Cash Flow Margin	1.05%	-28.48%	-21.79%	-38.46%	-89.50%	-39.94%
Free Cash Flow Per Share	0.02	-0.59	-0.59	-1.57	-2.90	-1.71
Cash Interest Paid	-	-	-	-	-	0.22
Cash Income Tax Paid	16.42	14.51	14.6	-24.5	23.5	18.59
Levered Free Cash Flow	146.28	29.19	-169.78	-128.82	-371.3	-5.38
Unlevered Free Cash Flow	177	62.43	-137.35	-99.66	-351.28	4.36
Change in Working Capital	-101.94	-101.94	-82.64	-160.2	-305.77	-343.31

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.