BYD Company 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	32,619	40,254	30,041	16,622	3,045
Depreciation & Amortization	78,571	65,079	43,283	20,288	14,081
Other Amortization	1,955	1,827	270.15	81.59	27.28
Loss (Gain) From Sale of Assets	855.56	1,759	1,054	876.12	112.8
Asset Writedown & Restructuring Costs	-	224.71	-	413.64	93.29
Loss (Gain) From Sale of Investments	-914.33	139.32	-204	584.2	-156.22
Provision & Write-off of Bad Debts	617.23	1,716	1,540	1,064	466.7
Other Operating Activities	1,695	3,756	2,372	2,665	3,593
Change in Accounts Receivable	12,398	-14,841	-12,641	-17,547	1,383
Change in Inventory	-23,970	-31,248	-7,602	-36,565	-12,893
Change in Accounts Payable	-37,198	67,560	112,737	152,529	55,595
Change in Other Net Operating Assets	837.44	407.5	275.94	394	120.75
Operating Cash Flow	59,136	133,454	169,725	140,838	65,467
Operating Cash Flow Growth	-55.69%	-21.37%	20.51%	115.13%	44.22%
Capital Expenditures	-156,808	-97,360	-122,094	-97,457	-37,344
Sale of Property, Plant & Equipment	2,098	1,068	470.79	268.24	826.39
Cash Acquisitions	-183.49	-125.44	-14,078	-	-
Divestitures	66.96	7.78	73.84	-	222.33
Investment in Securities	-45,004	-34,352	9,288	-10,463	-3,527
Other Investing Activities	2,368	1,679	675.34	-12,944	-5,582
Investing Cash Flow	-197,463	-129,082	-125,664	-120,596	-45,404
Long-Term Debt Issued	154,004	40,624	45,304	27,636	32,872
Long-Term Debt Repaid	-71,919	-52,674	-28,512	-44,702	-49,879
Net Debt Issued (Repaid)	82,085	-12,051	16,793	-17,066	-17,006
Issuance of Common Stock	72,115	14,894	-	-	37,314
Repurchase of Common Stock	-31,985	-400.03	-	-1,810	-1,100
Common Dividends Paid	-13,687	-9,636	-3,974	-1,553	-2,433
Other Financing Activities	-3,913	-3,075	-1.06	941.04	-711.4
Financing Cash Flow	104,614	-10,268	12,817	-19,489	16,063
Foreign Exchange Rate Adjustments	-147.65	-359.25	450.78	609.62	-43.85
Net Cash Flow	-33,861	-6,255	57,329	1,363	36,081
Free Cash Flow	-97,672	36,094	47,632	43,381	28,123
Free Cash Flow Growth	-	-24.22%	9.80%	54.25%	-16.35%
Free Cash Flow Margin	-12.15%	4.64%	7.91%	10.23%	13.01%
Free Cash Flow Per Share	-10.82	4.14	5.46	4.97	3.28
Cash Interest Paid	-	-	-	-	61.6
Cash Income Tax Paid	36,754	40,623	14,363	10,909	2,950
Levered Free Cash Flow	-116,074	1,939	33,771	50,683	36,315
Unlevered Free Cash Flow	-114,479	3,247	34,914	51,506	37,507
Change in Working Capital	-56,263	18,699	91,370	98,243	44,204

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