BBK Test Systems 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	114.74	101.96	96.18	97.63	82.23	73.63
Depreciation & Amortization	5.07	5.07	5.96	5.72	5.41	3.95
Other Amortization	0.98	0.98	0.49	0.82	1.3	1.89
Loss (Gain) From Sale of Assets	-	-	-	-	-	0
Asset Writedown & Restructuring Costs	0.02	0.02	0.02	0.03	0.04	0.07
Loss (Gain) From Sale of Investments	-	-	-	0.06	0.41	0.43
Provision & Write-off of Bad Debts	8.35	8.35	5.47	0.1	3.8	14.58
Other Operating Activities	24.63	3.27	9.41	7.63	2.28	3.67
Change in Accounts Receivable	-60.51	-60.51	-6.49	-67.58	-49.71	-1.33
Change in Inventory	5.05	5.05	-106.03	-103.51	20.14	46.75
Change in Accounts Payable	37.23	37.23	132.99	234.31	-72.74	-88.28
Change in Other Net Operating Assets	-	-	-	-	1.59	1.59
Operating Cash Flow	140.16	106.02	146.79	184.93	-7.84	56.11
Operating Cash Flow Growth	-32.96%	-27.77%	-20.63%	-	-	-36.95%
Capital Expenditures	-22.86	-2.99	-13.82	-2.19	-1.44	-3.33
Sale of Property, Plant & Equipment	0.03	0	-	-	-	0.04
Investment in Securities	-240	-	-	0.37	-	-
Other Investing Activities	1.8	-	-	-	-0.04	-
Investing Cash Flow	-261.03	-2.99	-13.82	-1.82	-1.47	-3.29
Issuance of Common Stock	498.37	498.37	-	-	50	-
Common Dividends Paid	-115.16	-	-	-30.92	-29.8	-14.84
Dividends Paid	-115.16	-	-	-30.92	-29.8	-14.84
Other Financing Activities	-25.79	-12.48	-5.31	-10.44	-8.26	-
Financing Cash Flow	357.42	485.89	-5.31	-41.36	11.94	-14.84
Foreign Exchange Rate Adjustments	5.94	1.93	4.98	2.12	-1.78	-5.19
Net Cash Flow	242.5	590.85	132.63	143.88	0.85	32.79
Free Cash Flow	117.3	103.03	132.97	182.74	-9.27	52.79
Free Cash Flow Growth	-43.47%	-22.52%	-27.24%	-	-	-38.20%
Free Cash Flow Margin	21.13%	19.99%	28.34%	39.83%	-2.29%	14.24%
Free Cash Flow Per Share	2.08	2.27	3.01	4.14	-0.21	1.25
Cash Income Tax Paid	28.49	28.83	27.56	5.15	13.21	9.51
Levered Free Cash Flow	11.45	77.59	53.71	160.59	-34.18	-3.4
Unlevered Free Cash Flow	11.51	77.68	53.84	160.8	-34.01	-3.38
Change in Working Capital	-13.63	-13.63	29.26	72.94	-103.3	-42.1

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