CF Energy Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	13.88	16.15	-5.97	4.09	19.46
Depreciation & Amortization	43.73	42.24	39.96	37.38	30.56
Stock-Based Compensation	-	-	-	-0.78	0.78
Other Adjustments	21.07	35.39	45.76	24.6	27.48
Change in Receivables	-0.57	-15.41	-15.61	5.31	-5.3
Changes in Inventories	-0.15	-0.53	0.12	-0.78	-0.06
Changes in Accounts Payable	-17.24	31.49	-6.46	6.76	-3.35
Changes in Unearned Revenue	13.85	-6.61	-9.46	2.42	15.51
Changes in Other Operating Activities	-36.9	-36.02	-39.78	-39.76	-42.97
Operating Cash Flow	37.67	66.71	8.56	39.24	42.12
Operating Cash Flow Growth	-43.54%	679.45%	-78.19%	-6.84%	-18.75%
Capital Expenditures	-51.11	-54.63	-97.64	-84.44	-211.89
Sale of Property, Plant & Equipment	0.02	0.66	0.13	3.21	1.01
Purchases of Intangible Assets	-0.66	-1.13	-1.66	-2.19	-19.32
Proceeds from Sale of Intangible Assets	-	0.1	-	-	-
Purchases of Investments	-	-0.25	-	-0.21	-15.18
Other Investing Activities	11.56	11.55	23.97	18.79	19.09
Investing Cash Flow	-40.19	-43.7	-75.2	-64.84	-226.28
Short-Term Debt Issued	94	90	62.7	42.6	60.86
Short-Term Debt Repaid	-101	-62.7	-42.6	-60.86	-40
Net Short-Term Debt Issued (Repaid)	-7	27.3	20.1	-18.26	20.86
Long-Term Debt Issued	40.36	45.03	106.1	66.13	188.73
Long-Term Debt Repaid	-89.14	-75.61	-50.24	-52.43	-44
Net Long-Term Debt Issued (Repaid)	-48.78	-30.58	55.86	13.7	144.73
Repurchase of Common Stock	-	-	-	-	-0.23
Net Common Stock Issued (Repurchased)	-	-	-	-	-0.23
Other Financing Activities	-2.69	-0.83	-22.62	8.12	8.39
Financing Cash Flow	-58.47	-4.1	53.35	3.56	173.76
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.02	-0.18	0.21	0.05	-0.13
Net Cash Flow	-60.99	18.91	-13.3	-22.05	-10.41
Free Cash Flow	-13.45	12.09	-89.08	-45.2	-169.77
FCF Margin	-3.26%	2.32%	-20.52%	-14.62%	-47.79%
Free Cash Flow Per Share	-0.20	0.18	-1.35	-0.68	-2.51
Levered Free Cash Flow	-89.72	-11.17	-43.26	-78.89	-27.14
Unlevered Free Cash Flow	-31.01	-4.66	-106.8	-68.96	-185.22

Updated Apr 27, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.