Sublime China Information 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	67.39	70.51	52.06	58.4	50.01	51.86
Depreciation & Amortization	20.12	20.12	14.05	12.84	12.73	9.48
Other Amortization	2.99	2.99	1.34	1.01	0.94	1.09
Loss (Gain) From Sale of Assets	-0.05	-0.05	0.02	0.05	0.01	0
Asset Writedown & Restructuring Costs	-	-	-	0.46	0.17	0.07
Loss (Gain) From Sale of Investments	-16.05	-16.05	-17.53	-3.28	-0.46	-4.17
Provision & Write-off of Bad Debts	1.19	1.19	0.68	-	-	-
Other Operating Activities	17.56	0.69	0.66	0.62	0.71	-
Change in Accounts Receivable	-10.21	-10.21	0.48	-5.28	-25.31	-1.24
Change in Inventory	0.03	0.03	0.05	-0.14	0.01	0.04
Change in Accounts Payable	8.17	8.17	-10.51	14.84	64.52	19.45
Operating Cash Flow	90.46	76.71	43.41	81.76	105.12	77.5
Operating Cash Flow Growth	44.50%	76.71%	-46.91%	-22.22%	35.64%	20.65%
Capital Expenditures	-37.17	-41.29	-23.55	-9.49	-8.5	-19.82
Sale of Property, Plant & Equipment	0.02	0.13	0.03	0.07	0.01	0.06
Investment in Securities	72.06	95.69	-10	-590	30	108.3
Other Investing Activities	9.21	12.6	14.32	0.29	0.49	5.48
Investing Cash Flow	26.3	67.12	-19.2	-599.13	22.01	94.03
Issuance of Common Stock	7.87	-	-	407.24	-	-
Common Dividends Paid	-102.05	-126	-72	-	-	-
Other Financing Activities	-5.77	-4.57	-3.67	-10.87	-1.81	-1.33
Financing Cash Flow	-99.95	-130.57	-75.67	396.37	-1.81	-1.33
Net Cash Flow	16.81	13.26	-51.46	-120.99	125.32	170.19
Free Cash Flow	53.28	35.42	19.86	72.28	96.63	57.68
Free Cash Flow Growth	179.16%	78.37%	-72.53%	-25.20%	67.51%	36.51%
Free Cash Flow Margin	15.76%	12.03%	7.00%	26.48%	38.57%	26.42%
Free Cash Flow Per Share	0.89	0.59	0.33	1.52	2.15	1.28
Cash Income Tax Paid	29.58	22.21	17.03	21.87	22.08	22.52
Levered Free Cash Flow	136.94	36.9	6.38	42.22	75.15	46.61
Unlevered Free Cash Flow	137.4	37.33	6.79	42.61	75.6	46.61
Change in Working Capital	-2.7	-2.7	-7.88	11.66	41.01	19.17

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