Harbin Fuerjia 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	512.84	432.67	661.13	749.34	847.29	805.8
Depreciation & Amortization	51.07	51.07	50.75	40.39	13.03	8.31
Other Amortization	4.22	4.22	3.75	1.52	-0.03	3.82
Loss (Gain) From Sale of Assets	-0.09	-0.09	0.31	-0.28	-	-
Asset Writedown & Restructuring Costs	-38.9	-38.9	-	0.02	-	-
Loss (Gain) From Sale of Investments	-41.28	-41.28	-36.36	-13.02	-6.47	-7.1
Provision & Write-off of Bad Debts	-	-	-	-	-	-2.17
Other Operating Activities	111.71	1.01	0.76	0.06	0.18	0.32
Change in Accounts Receivable	-68.36	-68.36	-6.49	-10.67	24.62	30.19
Change in Inventory	-5.92	-5.92	-37.43	2.41	-26.95	24.06
Change in Accounts Payable	32.79	32.79	-26.86	51.29	51.74	-57.48
Operating Cash Flow	557.39	366.52	609.81	825.88	898.67	802.3
Operating Cash Flow Growth	34.03%	-39.90%	-26.16%	-8.10%	12.01%	19.60%
Capital Expenditures	-34.62	-40.13	-120.8	-120.25	-398.24	-159.07
Sale of Property, Plant & Equipment	0.06	0.06	0.04	1.59	0.64	-
Cash Acquisitions	-	-	-	-	-	4.05
Investment in Securities	-800	-690	-1,601	-950	406.99	-66.99
Other Investing Activities	2.44	15.64	0.44	1.63	6.61	6.41
Investing Cash Flow	-832.12	-714.43	-1,721	-1,067	15.99	-215.59
Long-Term Debt Repaid	-	-5	-4.11	-0.3	-6.17	-6.75
Net Debt Issued (Repaid)	-5	-5	-4.11	-0.3	-6.17	-6.75
Issuance of Common Stock	-	-	-	2,127	-	-
Common Dividends Paid	-166.5	-600.12	-362.83	-	-	-379.25
Other Financing Activities	0.11	-	-	-50.98	-3.29	-9.05
Financing Cash Flow	-171.4	-605.12	-366.94	2,075	-9.46	-395.05
Net Cash Flow	-446.13	-953.04	-1,479	1,834	905.21	191.65
Free Cash Flow	522.77	326.39	489.01	705.62	500.44	643.23
Free Cash Flow Growth	68.83%	-33.26%	-30.70%	41.00%	-22.20%	-3.71%
Free Cash Flow Margin	24.42%	17.24%	24.25%	36.49%	28.29%	38.99%
Free Cash Flow Per Share	1.00	0.63	0.94	1.44	1.07	1.57
Cash Income Tax Paid	368.65	342.98	470.46	447.12	442.78	440.99
Levered Free Cash Flow	-	16.77	479.64	514.14	321.08	124.91
Unlevered Free Cash Flow	-	17.06	479.97	514.14	321.19	125.12
Change in Working Capital	-42.18	-42.18	-70.53	47.85	44.67	-6.67

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