Deepexi Technology Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-942.25	-1,255	-502.9	-655.23
Depreciation & Amortization	11.78	14.31	17.18	18.73
Loss (Gain) From Sale of Assets	0.21	0.1	-0.01	-0.84
Loss (Gain) From Sale of Investments	0.88	0.84	-	1.19
Loss (Gain) on Equity Investments	2.18	2.41	-0.01	-2.67
Stock-Based Compensation	109.97	2.78	92.89	9.76
Provision & Write-off of Bad Debts	1.18	9.13	5.81	2.16
Other Operating Activities	732.35	1,155	221.18	389.13
Change in Accounts Receivable	-73.17	-111.21	-37.84	-16.94
Change in Inventory	3.34	-3.54	14.75	10.21
Change in Accounts Payable	17.02	53.59	13.11	3.15
Change in Unearned Revenue	-14.89	-4.48	-14.72	7.96
Change in Other Net Operating Assets	5.56	18.13	-4.2	-23.64
Operating Cash Flow	-145.84	-117.68	-194.77	-257.05
Capital Expenditures	-0.05	-1.07	-2.7	-6.28
Sale of Property, Plant & Equipment	-	-	-	0.01
Investment in Securities	0.33	0.16	0.1	1.8
Investing Cash Flow	-0.01	-0.91	-2.6	-4.47
Long-Term Debt Repaid	-	-10.57	-15.06	-13.62
Net Debt Issued (Repaid)	41.39	-10.57	-15.06	-13.62
Issuance of Common Stock	33.65	0.2	-	112.22
Financing Cash Flow	71.9	-10.37	-15.06	98.59
Foreign Exchange Rate Adjustments	0.13	0.48	0.09	33.34
Net Cash Flow	-73.82	-128.48	-212.34	-129.58
Free Cash Flow	-145.89	-118.75	-197.47	-263.33
Free Cash Flow Margin	-46.38%	-48.88%	-153.03%	-262.10%
Free Cash Flow Per Share	-0.49	-0.58	-0.96	-1.30
Cash Income Tax Paid	0.05	-	0.17	-
Levered Free Cash Flow	-	1,068	127.04	-
Unlevered Free Cash Flow	-	1,069	127.54	-
Change in Working Capital	-62.14	-47.51	-28.9	-19.27

Source: S&P Capital IQ. Standard template. Financial Sources.