Gaotu Techedu Inc. (GOTU)

Gaotu Techedu Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	-7.3	13.17	-3,103.47	-1,392.93	188.16
Depreciation & Amortization	50.73	68.81	108.45	55.75	11.92
Share-Based Compensation	58.35	122.65	320.89	238.45	60.24
Other Operating Activities	251.91	-150.09	-1,511.68	1,702	986.27
Operating Cash Flow	353.7	54.55	-4,185.81	603.27	1,285
Operating Cash Flow Growth	548.45%	-	-	-53.05%	431.30%
Capital Expenditures	-40.71	3.05	-263.42	-284.07	-61.01
Acquisitions	0	-15	0	-109.84	0
Change in Investments	-383.27	-146.43	5,076	-5,202.4	-2,443.56
Investing Cash Flow	-423.98	-158.39	4,813	-5,596.3	-2,504.57
Share Issuance / Repurchase	-90.48	0	0.01	5,405	1,280
Debt Issued / Paid	0	0	0	-0.46	-34.06
Other Financing Activities	-	-	-100.62	-132.18	-
Financing Cash Flow	-90.48	0	-100.61	5,272	1,246
Exchange Rate Effect	10.78	26.65	15.82	2.19	14.16
Net Cash Flow	-149.98	-77.19	541.9	281.26	40.71
Free Cash Flow	312.99	57.59	-4,449.22	319.21	1,224
Free Cash Flow Growth	443.45%	-	-	-73.92%	432.80%
Free Cash Flow Margin	10.57%	2.31%	-67.81%	4.48%	57.88%
Free Cash Flow Per Share	1.20	0.22	-17.37	1.33	6.16

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