DSC Holdings 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	-94.56	-157.12	-186.58	-390.85	-445.29
Depreciation & Amortization	26.11	26.48	34.47	36.26	38.89
Stock-Based Compensation	-	-	-	-	2.71
Other Adjustments	0.41	-24.79	1.6	8.05	-4.08
Change in Receivables	55.73	-17.92	-36.43	-120.11	-79.07
Changes in Accounts Payable	-46.78	17.25	8.8	14.74	4.96
Changes in Accrued Expenses	-11.19	-3.71	6.55	19.05	48.48
Changes in Unearned Revenue	-1.64	-6.95	-3.48	19.55	-5.93
Changes in Other Operating Activities	-18.44	-45.75	11.65	-27.06	11.21
Operating Cash Flow	-90.37	-212.52	-163.41	-440.38	-428.12
Capital Expenditures	-2.88	-2.47	-3.29	-15.73	-3.63
Purchases of Intangible Assets	-2.56	-	-	-	-
Purchases of Investments	-32.96	-	-230	-23.51	-116.19
Proceeds from Sale of Investments	-	133.49	100	22.9	104.8
Payments for Business Acquisitions	-0.33	-	-	-	-
Proceeds from Business Divestments	78.5	-56.54	3.46	-	-
Investing Cash Flow	39.78	74.48	-129.83	-16.35	-15.02
Short-Term Debt Issued	210.62	167.97	179	100	-
Short-Term Debt Repaid	-196.82	-109.5	-180	-	-
Net Short-Term Debt Issued (Repaid)	13.81	58.47	-1	100	-
Long-Term Debt Issued	4.92	0.61	137.72	355.45	409.61
Long-Term Debt Repaid	-1.46	-	-	-	-
Net Long-Term Debt Issued (Repaid)	3.46	0.61	137.72	355.45	409.61
Issuance of Preferred Stock	-	-	300	-	-
Net Preferred Stock Issued (Repurchased)	-	-	300	-	-
Other Financing Activities	-1.63	-7.35	-8.63	53.35	63.26
Financing Cash Flow	15.64	51.73	428.09	508.79	472.86
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-1.69	1.17	-1.19	0.02	0.09
Net Cash Flow	-36.65	-85.15	133.66	52.09	29.81

SEC Filings: 10-K · 10-Q