Huaan Securities 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	-	1,486	1,274	1,182	1,424	Upgrade
Depreciation & Amortization, Total	-	182.38	205.01	178.87	156.42	Upgrade
Gain (Loss) On Sale of Investments	-	-551.8	-433.17	355.43	-176.54	Upgrade
Change in Accounts Receivable	-	-1,534	-1,075	1,837	-6,598	Upgrade
Change in Accounts Payable	-	14,779	-151.99	-1,574	8,503	Upgrade
Other Operating Activities	-	875.43	779.92	547.95	852.66	Upgrade
Operating Cash Flow	-	4,641	-4,972	-215.33	1.27	Upgrade
Capital Expenditures	-	-177.99	-327.7	-294.53	-229.04	Upgrade
Investment in Securities	-	-383.65	-205.59	-491.51	-396.81	Upgrade
Other Investing Activities	-	-	29.77	14.57	12.98	Upgrade
Investing Cash Flow	-	-560.87	-458.45	-770.11	-612.18	Upgrade
Long-Term Debt Issued	-	25,322	14,786	10,793	11,911	Upgrade
Long-Term Debt Repaid	-	-18,276	-10,364	-9,639	-10,649	Upgrade
Net Debt Issued (Repaid)	-	7,046	4,422	1,154	1,262	Upgrade
Issuance of Common Stock	-	-	-	-	3,962	Upgrade
Repurchase of Common Stock	-	-93.1	-	-	-	Upgrade
Common Dividends Paid	-	-1,092	-919.64	-898.95	-861.39	Upgrade
Other Financing Activities	-	-15.7	-42	-62.64	-154.59	Upgrade
Financing Cash Flow	-	5,845	3,461	192.26	4,208	Upgrade
Foreign Exchange Rate Adjustments	-	7.82	6.03	22.14	-3.78	Upgrade
Net Cash Flow	-	9,933	-1,964	-771.05	3,593	Upgrade
Free Cash Flow	-	4,463	-5,300	-509.86	-227.77	Upgrade
Free Cash Flow Margin	-	98.49%	-147.29%	-16.14%	-6.64%	Upgrade
Free Cash Flow Per Share	-	0.90	-1.08	-0.10	-0.05	Upgrade
Cash Interest Paid	-	754.51	727.82	789	913.9	Upgrade
Cash Income Tax Paid	-	394.23	442.48	658.42	701.75	Upgrade

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