LZ Technology Holdings Limited (LZMH)

LZ Technology Holdings Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-	5.78	-6.37	-14.8	-48.46
Depreciation & Amortization	-	8.71	10.13	10.01	4.22
Other Adjustments	-	-0.18	3.68	-4.77	0.71
Change in Receivables	-	-33.32	-147.17	-11.6	-28.08
Changes in Accounts Payable	-	18.78	127.78	17.9	16.94
Changes in Accrued Expenses	-	5.46	9.54	6.03	8.9
Changes in Unearned Revenue	-	-3.64	4.13	-0.06	-0.15
Changes in Other Operating Activities	-	3.07	-18.56	-0.22	0.45
Operating Cash Flow	-48.5	4.67	-16.84	2.49	-45.48
Capital Expenditures	-0.45	-0.35	-0.11	-1.47	-27.38
Purchases of Intangible Assets	-	-	-	-4.74	-
Purchases of Investments	-2.5	-	-	-	-
Proceeds from Sale of Investments	-	-	1.72	0.99	-
Proceeds from Business Divestments	-	-	0.16	-1.33	-
Other Investing Activities	16.92	-1.08	-25.02	20.14	-26.89
Investing Cash Flow	13.97	-1.42	-23.25	13.59	-54.27
Short-Term Debt Issued	25.37	23.48	14	9	96.44
Short-Term Debt Repaid	-26.88	-21.14	-14.15	-11.91	-36.65
Net Short-Term Debt Issued (Repaid)	-1.51	2.34	-0.15	-2.91	59.8
Long-Term Debt Issued	12.46	4.68	22.89	18.87	47.49
Long-Term Debt Repaid	-18.55	-14.87	-23.03	-50.79	-15.13
Net Long-Term Debt Issued (Repaid)	-6.09	-10.2	-0.14	-31.92	32.36
Issuance of Common Stock	60.24	-	47.71	21.26	9.73
Net Common Stock Issued (Repurchased)	60.24	-	47.71	21.26	9.73
Other Financing Activities	-8.58	-2.02	-3.55	-0.66	-0.17
Financing Cash Flow	46.2	-9.87	43.88	-14.23	101.72
Net Cash Flow	11.67	-6.63	3.79	1.85	1.97
Free Cash Flow	-48.95	4.32	-16.96	1.02	-72.85
FCF Margin	-6.21%	0.53%	-2.98%	0.62%	-
Free Cash Flow Per Share	-	0.03	-0.16	0.01	-0.77
Levered Free Cash Flow	-51.32	29.72	126.41	-16.29	50.07
Unlevered Free Cash Flow	-40.51	36.4	122.65	10.2	-11.35

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q