GKHT Medical Technology 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	98.25	130.66	153.88	124.91	151.21	146.02
Depreciation & Amortization	95.95	95.95	102.59	98.47	63.71	12.93
Other Amortization	21.2	21.2	4.32	7.66	17.91	15.57
Loss (Gain) From Sale of Assets	0.21	0.21	0.18	-0.22	0.03	-
Asset Writedown & Restructuring Costs	0.07	0.07	0.81	0.22	17.75	24.6
Loss (Gain) From Sale of Investments	0.52	0.52	-	-	-	-
Provision & Write-off of Bad Debts	-8.89	-8.89	-14.92	27.12	23.9	18.72
Other Operating Activities	-91.81	92.51	126.75	160.97	157.59	131.27
Change in Accounts Receivable	869.7	869.7	20.78	-103.87	46.02	-1,125
Change in Inventory	-54.21	-54.21	305.77	-52.93	-123.8	-298.34
Change in Accounts Payable	-497.5	-497.5	25.11	227.6	-60.9	858.71
Operating Cash Flow	432.4	649.14	717.2	481.24	284.48	-229.81
Operating Cash Flow Growth	-58.43%	-9.49%	49.03%	69.16%	-	-
Capital Expenditures	-27.83	-42.82	-154.83	-267.14	-138.7	-61.48
Sale of Property, Plant & Equipment	-3.44	0.51	0.43	0.08	2.82	1.22
Investing Cash Flow	-31.27	-42.31	-154.4	-267.06	-135.88	-60.26
Long-Term Debt Issued	-	1,299	1,650	2,974	3,023	2,542
Long-Term Debt Repaid	-	-1,559	-3,037	-2,756	-2,895	-2,144
Net Debt Issued (Repaid)	-449.74	-260.22	-1,387	218.9	128.29	397.77
Issuance of Common Stock	-	-	843.21	-	-	-
Repurchase of Common Stock	-50.1	-50.1	-	-	-	-
Common Dividends Paid	-78.39	-110.56	-99.58	-122.02	-128.78	-118.67
Other Financing Activities	22.88	-8.95	23.04	-62.26	7.97	18.62
Financing Cash Flow	-555.35	-429.83	-620.26	34.62	7.48	297.73
Foreign Exchange Rate Adjustments	-0.07	-0.07	-	-	-	-
Net Cash Flow	-154.29	176.93	-57.47	248.8	156.08	7.65
Free Cash Flow	404.58	606.32	562.37	214.1	145.78	-291.29
Free Cash Flow Growth	-56.02%	7.81%	162.67%	46.87%	-	-
Free Cash Flow Margin	5.60%	8.25%	7.51%	3.37%	2.49%	-5.99%
Free Cash Flow Per Share	0.86	1.30	1.32	0.53	0.37	-0.74
Cash Income Tax Paid	161.59	184.92	236.92	174.39	195.56	111.21
Levered Free Cash Flow	36.3	274.64	478.64	138.21	7.48	-418.66
Unlevered Free Cash Flow	60.51	312.73	533.75	212.78	88.08	-344.2
Change in Working Capital	316.89	316.89	343.59	62.1	-147.62	-578.93

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