Nantong Chaoda Equipment 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	130.3	96.6	95.42	69.01	48	65.6
Depreciation & Amortization	35.97	35.97	35.92	31.32	30.77	31.93
Other Amortization	5.25	5.25	3.25	2.81	2.03	1.6
Loss (Gain) From Sale of Assets	-0	-0	-0.31	-0.29	-0.3	0.31
Asset Writedown & Restructuring Costs	0.59	0.59	4.66	2.88	0.6	2.53
Loss (Gain) From Sale of Investments	-2.67	-2.67	-2.64	-4.6	-2.89	-3.27
Other Operating Activities	-29.61	6.61	-2.32	-7.31	13.67	3.42
Change in Accounts Receivable	-45.25	-45.25	-49.06	-41.71	-75.05	-22.08
Change in Inventory	14.86	14.86	-9.64	-75.66	-86.55	26.3
Change in Accounts Payable	-20.13	-20.13	26.18	88.74	48.93	-15.15
Change in Other Net Operating Assets	8.96	8.96	3.94	2.62	3.25	1.66
Operating Cash Flow	94.77	97.28	110.9	70.4	-17.83	92.56
Operating Cash Flow Growth	-35.05%	-12.28%	57.52%	-	-	168.42%
Capital Expenditures	-82.35	-70.05	-78.64	-108.51	-35.25	-16.82
Sale of Property, Plant & Equipment	1.04	0.44	1.23	0.37	0.54	0.37
Investment in Securities	193.63	193.63	-142.54	-208.61	5.36	-
Other Investing Activities	-183.23	12.72	3.09	3.56	-	1.31
Investing Cash Flow	-70.91	136.74	-216.86	-313.18	-29.35	-15.14
Short-Term Debt Issued	-	90	30.2	83	28	115
Long-Term Debt Issued	-	-	466.1	-	-	-
Total Debt Issued	130	90	496.3	83	28	115
Short-Term Debt Repaid	-	-90	-48.2	-63	-50	-100
Long-Term Debt Repaid	-	-0.23	-0.1	-0.3	-0.31	-
Total Debt Repaid	-100.23	-90.23	-48.3	-63.3	-50.31	-100
Net Debt Issued (Repaid)	29.77	-0.23	448	19.7	-22.31	15
Issuance of Common Stock	6.52	16.83	-	32.15	466.5	-
Common Dividends Paid	-42.09	-44.12	-30.46	-23.47	-0.17	-1.48
Other Financing Activities	-0.12	-	-1.51	-20.06	-2.76	-1.75
Financing Cash Flow	-5.93	-27.52	416.03	8.33	441.26	11.77
Foreign Exchange Rate Adjustments	12.24	-0.65	4.78	10.2	-11.14	-0.35
Net Cash Flow	30.17	205.84	314.85	-224.25	382.94	88.84
Free Cash Flow	12.42	27.23	32.27	-38.1	-53.08	75.75
Free Cash Flow Growth	-80.71%	-15.60%	-	-	-	-
Free Cash Flow Margin	1.62%	3.78%	5.15%	-7.45%	-12.13%	16.77%
Free Cash Flow Per Share	0.15	0.32	0.42	-0.53	-0.97	1.39
Cash Income Tax Paid	34.44	23.97	29.02	16.64	22.24	13.76
Levered Free Cash Flow	-34.06	-31.81	13.44	-70.92	-56.06	-
Unlevered Free Cash Flow	-33.57	-31	14.32	-69.84	-55.9	-
Change in Working Capital	-45.06	-45.06	-23.09	-23.41	-109.71	-9.55

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