Zhejiang Benli Technology 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	74.18	78.83	64.57	59.62	59.8	54.82
Depreciation & Amortization	63.19	63.19	57.51	53.37	49.1	39.37
Other Amortization	0.55	0.55	0.2	0.22	0.2	0.19
Loss (Gain) From Sale of Assets	2.02	2.02	0.93	0.47	0.59	-0.09
Asset Writedown & Restructuring Costs	1.95	1.95	-	-	-	0.99
Loss (Gain) From Sale of Investments	-3.21	-3.21	-1.6	-	-	-
Provision & Write-off of Bad Debts	-2.31	-2.31	1.81	2.94	0.25	-
Other Operating Activities	49.25	-5.81	-2.39	0.31	1.74	1.89
Change in Accounts Receivable	-74.49	-74.49	2.22	-97.75	-57.84	-71.01
Change in Inventory	-15.56	-15.56	-19.87	13.24	-4.66	-18.03
Change in Accounts Payable	96.58	96.58	131.88	61.03	-10.76	26.27
Change in Other Net Operating Assets	9.66	9.66	1.43	0.48	0.6	-
Operating Cash Flow	203.19	152.79	236.06	91.92	42.58	36.02
Operating Cash Flow Growth	78.41%	-35.27%	156.81%	115.89%	18.22%	-63.39%
Capital Expenditures	-134.19	-111.81	-105.23	-64.02	-130.77	-49.96
Sale of Property, Plant & Equipment	1.32	1.11	0.13	0.15	0.28	0.12
Investment in Securities	-	-30	-110	-0.5	-	-
Other Investing Activities	-165.36	-186.4	0.59	-	-6.39	-
Investing Cash Flow	-298.23	-327.1	-214.51	-64.36	-136.88	-49.84
Long-Term Debt Issued	-	10.67	21.1	-	-	23.7
Long-Term Debt Repaid	-	-21.47	-11.76	-0.49	-0.36	-73.48
Net Debt Issued (Repaid)	-21.47	-10.8	9.34	-0.49	-0.36	-49.78
Issuance of Common Stock	-	-	-	-	-	702.32
Repurchase of Common Stock	-	-	-50.01	-	-	-
Common Dividends Paid	-20.69	-20.69	-10.32	-10.6	-24.74	-1.95
Other Financing Activities	-0.03	-	-0.06	-	-	-15.29
Financing Cash Flow	-42.19	-31.49	-51.04	-11.09	-25.09	635.3
Foreign Exchange Rate Adjustments	2.35	3.26	2.88	0.23	-	-
Net Cash Flow	-134.88	-202.54	-26.62	16.69	-119.4	621.48
Free Cash Flow	69	40.98	130.83	27.9	-88.19	-13.95
Free Cash Flow Growth	1155.26%	-68.68%	368.90%	-	-	-
Free Cash Flow Margin	10.81%	6.42%	18.46%	4.00%	-11.62%	-2.25%
Free Cash Flow Per Share	0.66	0.40	1.26	0.26	-0.83	-0.16
Cash Interest Paid	-	-	0.06	-	-	-
Cash Income Tax Paid	22.23	20.93	9.88	16.63	30.38	21.21
Levered Free Cash Flow	14.53	5.02	100.3	5.98	-74.47	0.48
Unlevered Free Cash Flow	14.73	5.22	100.35	6.52	-74.35	1.66
Change in Working Capital	17.57	17.57	115.02	-25.01	-69.11	-61.16

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