Orient Securities Company 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	5,634	3,350	2,754	3,011	5,371	Upgrade
Depreciation & Amortization, Total	556.48	734.59	754.48	719.21	664.85	Upgrade
Gain (Loss) On Sale of Investments	1,042	973.28	754.79	1,253	1,517	Upgrade
Change in Accounts Receivable	-22,059	-32,219	17,475	-25,738	-30,891	Upgrade
Change in Accounts Payable	36,260	27,415	18,491	35,967	33,304	Upgrade
Change in Other Net Operating Assets	3,253	-493.84	-5,404	-568.63	-17,349	Upgrade
Other Operating Activities	-4,386	-3,958	-3,003	-2,280	-3,079	Upgrade
Operating Cash Flow	195.87	2,475	21,459	21,617	-10,578	Upgrade
Capital Expenditures	-326.04	-299.71	-1,094	-306.67	-443.31	Upgrade
Investment in Securities	2,443	-28,275	-15,688	-19,539	14,573	Upgrade
Other Investing Activities	4,463	3,947	3,475	3,641	4,347	Upgrade
Investing Cash Flow	6,582	-24,466	-13,071	-16,021	18,492	Upgrade
Long-Term Debt Issued	95,981	42,921	44,628	41,525	37,742	Upgrade
Long-Term Debt Repaid	-73,110	-40,120	-44,544	-48,704	-39,852	Upgrade
Net Debt Issued (Repaid)	22,871	2,801	84	-7,179	-2,110	Upgrade
Issuance of Common Stock	3,000	-	-	12,621	-	Upgrade
Repurchase of Common Stock	-5,000	-	-	-	-	Upgrade
Common Dividends Paid	-4,388	-4,489	-3,920	-5,252	-4,746	Upgrade
Other Financing Activities	-250.1	-22.94	-299.78	-29.13	-44.75	Upgrade
Financing Cash Flow	16,233	-1,711	-4,136	160.68	-6,900	Upgrade
Foreign Exchange Rate Adjustments	190.23	99.51	97.63	315.02	-180.96	Upgrade
Net Cash Flow	23,201	-23,602	4,350	6,071	833.48	Upgrade
Free Cash Flow	-130.17	2,175	20,366	21,310	-11,021	Upgrade
Free Cash Flow Growth	-	-89.32%	-4.43%	-	-	Upgrade
Free Cash Flow Margin	-0.87%	17.98%	118.80%	112.79%	-45.65%	Upgrade
Free Cash Flow Per Share	-0.01	0.26	2.40	2.66	-1.55	Upgrade
Cash Interest Paid	8,597	6,789	5,334	2,440	2,710	Upgrade
Cash Income Tax Paid	1,315	1,023	723.29	1,248	1,200	Upgrade

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