Longkou Union Chemical 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	40.59	52.64	56.43	33.83	64.15	67.21
Depreciation & Amortization	16.02	16.02	15.38	14.8	13.3	13.52
Other Amortization	0.04	0.04	-	-	-	-
Loss (Gain) From Sale of Assets	-	-	-	-	-0.05	-0.1
Asset Writedown & Restructuring Costs	0.06	0.06	0.11	-0.16	0.3	0.79
Loss (Gain) From Sale of Investments	2.09	2.09	-0.76	-0.14	-0.82	-0.54
Provision & Write-off of Bad Debts	-1.28	-1.28	1.12	0.86	-2.15	2.1
Other Operating Activities	-10.18	3.55	-1.79	0.31	-1.36	0.62
Change in Accounts Receivable	17.67	17.67	-18.48	-12.25	22.28	-31.06
Change in Inventory	-0.35	-0.35	-23.83	31.41	-12.76	-29.7
Change in Accounts Payable	10.37	10.37	13.39	-0.23	-13.73	10.13
Change in Other Net Operating Assets	3.35	3.35	0.47	1.69	0.17	-0.44
Operating Cash Flow	78.86	104.65	41.86	69.68	71.06	32.22
Operating Cash Flow Growth	64.68%	150.02%	-39.94%	-1.93%	120.50%	57.03%
Capital Expenditures	-11.62	-8.57	-8.84	-17.41	-15.92	-10.69
Sale of Property, Plant & Equipment	0.11	0.1	0.02	0.1	0.15	0.22
Investment in Securities	-350	-295	-35	15	-16.56	-18.29
Other Investing Activities	2.95	1.15	1.41	0.14	-	-
Investing Cash Flow	-358.55	-302.33	-42.41	-2.17	-32.33	-28.76
Long-Term Debt Issued	-	80.32	-	-	-	-
Total Debt Issued	90.32	80.32	-	-	-	-
Total Debt Repaid	-0.65	-	-	-	-	-
Net Debt Issued (Repaid)	89.67	80.32	-	-	-	-
Issuance of Common Stock	-	-	-	-	272.2	-
Common Dividends Paid	-17.11	-16.66	-16	-14.4	-	-
Other Financing Activities	0.5	0.5	-	-0.1	-14.44	-
Financing Cash Flow	73.06	64.16	-16	-14.5	257.76	-
Foreign Exchange Rate Adjustments	-4.75	-2.16	2.93	0.68	2.2	-0.55
Net Cash Flow	-211.39	-135.68	-13.62	53.69	298.69	2.91
Free Cash Flow	67.24	96.07	33.01	52.28	55.14	21.54
Free Cash Flow Growth	71.92%	191.02%	-36.85%	-5.19%	156.04%	51.65%
Free Cash Flow Margin	13.13%	18.76%	6.17%	12.20%	10.17%	3.90%
Free Cash Flow Per Share	0.60	0.86	0.29	0.47	0.59	0.26
Cash Income Tax Paid	10.2	8.33	6.29	0.39	-1.53	2.45
Levered Free Cash Flow	102.51	84.71	-0.69	24.55	39.15	-9.39
Unlevered Free Cash Flow	102.97	85.17	-0.69	24.55	39.15	-9.39
Change in Working Capital	31.52	31.52	-28.64	20.19	-2.32	-51.38

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