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 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	Dec '21 Dec 31, 2021
Net Income	74.79	64.6	130.66	153.88	124.91	151.21
Depreciation & Amortization	97.43	97.43	95.95	102.59	98.47	63.71
Other Amortization	4.46	4.46	21.2	4.32	7.66	17.91
Loss (Gain) From Sale of Assets	-0.12	-0.12	0.21	0.18	-0.22	0.03
Asset Writedown & Restructuring Costs	72.61	72.61	0.07	0.81	0.22	17.75
Loss (Gain) From Sale of Investments	2.49	2.49	0.52	-	-	-
Provision & Write-off of Bad Debts	-	-	-8.89	-14.92	27.12	23.9
Other Operating Activities	-256.61	45.54	92.51	126.75	160.97	157.59
Change in Accounts Receivable	235.25	235.25	869.7	20.78	-103.87	46.02
Change in Inventory	125.67	125.67	-54.21	305.77	-52.93	-123.8
Change in Accounts Payable	52.48	52.48	-497.5	25.11	227.6	-60.9
Operating Cash Flow	386.35	678.31	649.14	717.2	481.24	284.48
Operating Cash Flow Growth	-52.23%	4.49%	-9.49%	49.03%	69.16%	-
Capital Expenditures	-150.47	-32.26	-42.82	-154.83	-267.14	-138.7
Sale of Property, Plant & Equipment	0.04	0.05	0.51	0.43	0.08	2.82
Investing Cash Flow	-143.15	-32.21	-42.31	-154.4	-267.06	-135.88
Long-Term Debt Issued	-	1,026	1,299	1,650	2,974	3,023
Long-Term Debt Repaid	-	-1,501	-1,559	-3,037	-2,756	-2,895
Net Debt Issued (Repaid)	-296.73	-475.7	-260.22	-1,387	218.9	128.29
Issuance of Common Stock	-	-	-	843.21	-	-
Repurchase of Common Stock	-0.1	-	-50.1	-	-	-
Common Dividends Paid	-69.68	-67.25	-110.56	-99.58	-122.02	-128.78
Other Financing Activities	-77.92	-101.16	-8.95	23.04	-62.26	7.97
Financing Cash Flow	-444.44	-644.11	-429.83	-620.26	34.62	7.48
Foreign Exchange Rate Adjustments	-0.01	-0.01	-0.07	-	-	-
Net Cash Flow	-201.26	1.98	176.93	-57.47	248.8	156.08
Free Cash Flow	235.88	646.05	606.32	562.37	214.1	145.78
Free Cash Flow Growth	-69.30%	6.55%	7.81%	162.67%	46.87%	-
Free Cash Flow Margin	3.46%	9.25%	8.25%	7.51%	3.37%	2.49%
Free Cash Flow Per Share	0.49	1.33	1.30	1.32	0.53	0.37
Cash Income Tax Paid	183.06	179.6	184.92	236.92	174.39	195.56
Levered Free Cash Flow	-78.53	629.97	274.64	478.64	138.21	7.48
Unlevered Free Cash Flow	-78.53	629.97	312.73	533.75	212.78	88.08
Change in Working Capital	391.29	391.29	316.89	343.59	62.1	-147.62

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