Anhui Shun Yu Water 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	-19.29	13.65	67.71	100.58	97.47	87.4
Depreciation & Amortization	23.29	23.29	24.01	24.59	23.59	15.56
Other Amortization	0.85	0.85	0	-	0.57	0.66
Loss (Gain) From Sale of Assets	-	-	-0.02	-0.01	-0.02	-
Asset Writedown & Restructuring Costs	61.45	61.45	30.17	25.87	-0.56	3.47
Loss (Gain) From Sale of Investments	-5.05	-5.05	-1.61	-	-	-0
Provision & Write-off of Bad Debts	-	-	-	-	10.8	8.39
Other Operating Activities	103.5	30.54	31.62	24.91	22.64	16.68
Change in Accounts Receivable	-418.64	-418.64	-396.69	-586.91	-243.6	-255.85
Change in Inventory	7.07	7.07	-8.63	-15.31	17.96	13.52
Change in Accounts Payable	21.36	21.36	-27.01	370.47	86.96	98.35
Operating Cash Flow	-238.09	-278.11	-286.04	-59.23	12.62	-14.98
Capital Expenditures	-33.89	-45.65	-27.68	-14.22	-38	-58.23
Sale of Property, Plant & Equipment	0.2	-	0.03	0.11	0.03	0.1
Cash Acquisitions	-0.95	-3.82	-	-	-	-
Investment in Securities	307.61	-160	-280	-	-	-
Other Investing Activities	7.9	11.08	3.25	0.95	0.7	0.55
Investing Cash Flow	280.87	-198.39	-304.41	-13.16	-37.27	-57.58
Long-Term Debt Issued	-	302.15	368.6	271.1	197.1	211.6
Total Debt Issued	492.33	302.15	368.6	271.1	197.1	211.6
Long-Term Debt Repaid	-	-113.27	-193.03	-142.24	-107.55	-76.96
Total Debt Repaid	-273.64	-113.27	-193.03	-142.24	-107.55	-76.96
Net Debt Issued (Repaid)	218.7	188.88	175.57	128.86	89.55	134.64
Issuance of Common Stock	13.58	-	768.44	-	-	-
Repurchase of Common Stock	-20	-20	-	-	-	-
Common Dividends Paid	-54.87	-70.84	-34.71	-26.15	-24.16	-18.35
Dividends Paid	-54.87	-70.84	-34.71	-26.15	-24.16	-18.35
Other Financing Activities	-42.1	4.95	-21.31	20.62	-6.98	22.64
Financing Cash Flow	115.3	102.99	887.99	123.33	58.41	138.92
Foreign Exchange Rate Adjustments	0	0	-	-	-	-
Net Cash Flow	158.09	-373.51	297.55	50.94	33.77	66.36
Free Cash Flow	-271.97	-323.76	-313.72	-73.45	-25.38	-73.21
Free Cash Flow Margin	-42.40%	-49.61%	-44.53%	-9.77%	-3.93%	-13.87%
Free Cash Flow Per Share	-1.66	-1.90	-2.22	-0.60	-0.21	-0.59
Cash Income Tax Paid	31.99	35.29	53.14	52.27	36.24	23.86
Levered Free Cash Flow	-219.09	-290.5	-113.38	376.55	-66.81	-108.79
Unlevered Free Cash Flow	-191.47	-266.31	-91.57	393.06	-51.66	-98.43
Change in Working Capital	-402.83	-402.83	-437.93	-235.19	-141.87	-147.14

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