First High-School Education Group Co., Ltd. (FHSEY)

FHSEY Cash Flow Statement

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

Year	2022	2021	2020	2019	2018
Net Income	37.33	52.69	80.82	31.61	-169.69
Depreciation & Amortization	12.79	14.37	11.63	12.84	8.56
Share-Based Compensation	0	0	0	0	177.76
Other Operating Activities	-49.52	21.31	12.38	41.94	74.03
Operating Cash Flow	0.59	88.37	104.82	86.39	90.66
Operating Cash Flow Growth	-99.33%	-15.70%	21.33%	-4.71%	71.74%
Capital Expenditures	-17.81	-24.21	-33.49	-15.13	-71.1
Acquisitions	44.69	-41.98	0	0	-53.12
Other Investing Activities	106.79	-67.42	14.45	-1.55	-0.87
Investing Cash Flow	133.67	-133.61	-19.04	-16.68	-125.1
Dividends Paid	-6.43	-166.69	-42.3	0	-27.88
Share Issuance / Repurchase	-0.53	296.39	0	0	27.15
Debt Issued / Paid	-76.35	4.49	33.85	25.14	35.48
Other Financing Activities	-	-10.61	13.54	-	-
Financing Cash Flow	-83.32	123.57	5.09	25.14	34.75
Exchange Rate Effect	1.97	0.32	0.14	0	-0.08
Net Cash Flow	52.91	78.65	91.02	94.85	0.24
Free Cash Flow	-17.22	64.16	71.33	71.26	19.56
Free Cash Flow Growth	-	-10.06%	0.10%	264.31%	-49.75%
Free Cash Flow Margin	-5.03%	19.02%	23.29%	26.99%	7.71%
Free Cash Flow Per Share	-0.59	2.29	3.04	3.03	0.86

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).