Liuzhou Chemical Industry 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	2020 - 2016
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	2020 - 2016
Net Income	-25.71	30.18	73.25	15.86	28.81	Upgrade
Depreciation & Amortization	11.57	10.97	8.13	7.45	7.64	Upgrade
Other Amortization	0.08	0.08	0.05	-	-	Upgrade
Loss (Gain) From Sale of Assets	-	-0.02	-	0.28	-2.04	Upgrade
Asset Writedown & Restructuring Costs	37.26	0.72	-	-	-	Upgrade
Provision & Write-off of Bad Debts	-	0.3	0.04	0.08	-0.27	Upgrade
Other Operating Activities	-1.9	0.35	0.04	-0.01	0.01	Upgrade
Change in Accounts Receivable	-9.98	2.5	-27.45	-5.98	-13.85	Upgrade
Change in Inventory	1.07	-1.85	2.32	-3.69	0.15	Upgrade
Change in Accounts Payable	1.07	8.98	-46.26	10.46	-14.41	Upgrade
Operating Cash Flow	8.09	51.61	10.12	24.45	6.06	Upgrade
Operating Cash Flow Growth	-84.32%	409.84%	-58.60%	303.72%	-	Upgrade
Capital Expenditures	-4.53	-5.73	-7.81	-5.96	-1.01	Upgrade
Sale of Property, Plant & Equipment	0.03	-	-	-	5.01	Upgrade
Other Investing Activities	-	-	-	-0.32	-	Upgrade
Investing Cash Flow	-4.49	-5.73	-7.81	-6.29	4	Upgrade
Long-Term Debt Repaid	-	-0.68	-0.24	-	-	Upgrade
Total Debt Repaid	-	-0.68	-0.24	-	-	Upgrade
Net Debt Issued (Repaid)	-	-0.68	-0.24	-	-	Upgrade
Other Financing Activities	-0.68	-	-	-	-	Upgrade
Financing Cash Flow	-0.68	-0.68	-0.24	-	-	Upgrade
Foreign Exchange Rate Adjustments	-0.01	0	0	0.01	-0	Upgrade
Net Cash Flow	2.91	45.2	2.08	18.17	10.05	Upgrade
Free Cash Flow	3.56	45.88	2.32	18.48	5.05	Upgrade
Free Cash Flow Growth	-92.23%	1880.45%	-87.47%	266.26%	-	Upgrade
Free Cash Flow Margin	2.59%	27.82%	1.63%	13.16%	3.96%	Upgrade
Free Cash Flow Per Share	0.00	0.06	0.00	0.02	0.01	Upgrade
Cash Income Tax Paid	4.56	5.7	3.58	4.36	5.35	Upgrade
Levered Free Cash Flow	6.37	3.22	-13.91	2.11	13.69	Upgrade
Unlevered Free Cash Flow	6.37	3.35	-13.89	2.11	13.69	Upgrade
Change in Working Capital	-13.21	9.03	-71.39	0.79	-28.1	Upgrade

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