Beijing Hengyu Datacom Aviation Equipment Co., Ltd. (SHE:300965)

SHE:300965 Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Net Income	33.23	26.74	-167.41	33.12	67.87	97.63
Depreciation & Amortization	11.3	11.3	11.1	10.3	4.73	2.2
Other Amortization	0.33	0.33	0.05	0.05	0.17	0.4
Loss (Gain) From Sale of Assets	-0.07	-0.07	-0.01	-	-0.05	-0.15
Asset Writedown & Restructuring Costs	0	0	0	0.34	2.2	1.09
Loss (Gain) From Sale of Investments	-19.12	-19.12	-21.13	-9.37	-1.71	-0.93
Provision & Write-off of Bad Debts	12.89	12.89	-35.33	28.29	5.73	-0.4
Other Operating Activities	43.25	7.78	5.22	1	0.01	-
Change in Accounts Receivable	2.95	2.95	287.99	-96.23	46.99	-11.06
Change in Inventory	-13.65	-13.65	-34.18	-0.65	-13.51	1.79
Change in Accounts Payable	-66.18	-66.18	-102.74	52.23	-14.11	20.88
Change in Other Net Operating Assets	0.85	0.85	2.64	4.78	5.79	5.82
Operating Cash Flow	5.79	-36.16	-42.85	19.64	103.09	117.17
Operating Cash Flow Growth	-	-	-	-80.95%	-12.02%	175.93%
Capital Expenditures	-4.57	-1.87	-7.19	-13.09	-61.49	-50.07
Sale of Property, Plant & Equipment	0.64	0.34	0.47	-	0.08	0.19
Investment in Securities	-113	-53.5	-181	-450	-	-
Other Investing Activities	31.09	17.61	10.83	3.19	1.71	0.93
Investing Cash Flow	-85.84	-37.42	-176.89	-459.9	-59.71	-48.95
Long-Term Debt Repaid	-	-0.06	-0.06	-0.06	-0.06	-
Net Debt Issued (Repaid)	-0.06	-0.06	-0.06	-0.06	-0.06	-
Issuance of Common Stock	-	-	-	-	875.05	-
Common Dividends Paid	-22.8	-1.8	-4.5	-12.3	-18	-58
Other Financing Activities	-	-	-	-	-16.37	-1.82
Financing Cash Flow	-22.86	-1.86	-4.56	-12.36	840.62	-59.82
Net Cash Flow	-102.91	-75.45	-224.3	-452.62	884	8.4
Free Cash Flow	1.22	-38.04	-50.03	6.56	41.6	67.1
Free Cash Flow Growth	-	-	-	-84.24%	-38.00%	164.25%
Free Cash Flow Margin	0.59%	-21.13%	-	3.57%	21.79%	31.40%
Free Cash Flow Per Share	0.02	-0.63	-0.83	0.11	0.74	1.49
Cash Income Tax Paid	3.41	2.65	33.93	9.42	27.99	44.31
Levered Free Cash Flow	190.92	-56.86	32.52	-14.24	18.22	-30.55
Unlevered Free Cash Flow	190.93	-56.85	32.52	-14.24	18.22	-30.55
Change in Working Capital	-76.02	-76.02	164.66	-44.08	24.16	17.34

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