FRA:HHI0 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	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	470.04	460.92	528.48	278.57	711.43	688.66
Depreciation & Amortization	279.63	279.63	237.65	184.43	220.45	0.58
Loss (Gain) From Sale of Assets	-0.02	-0.02	-	0.47	-0.1	-
Loss (Gain) From Sale of Investments	-	-	-	-	-12.06	-545.18
Loss (Gain) on Equity Investments	-585.26	-585.26	-691.3	-353.56	-656.76	-295.09
Other Operating Activities	394.47	425.51	404.27	184.12	23.97	113.99
Change in Accounts Receivable	-6.02	-6.02	-10.47	52.56	-151.75	-0.23
Change in Inventory	-0.02	-0.02	0.22	0.1	-0.15	-
Change in Accounts Payable	-5.8	-5.8	-0.99	-259.51	-768.03	-13.9
Change in Other Net Operating Assets	-	-	-	-	-	0.28
Operating Cash Flow	547.03	568.94	467.85	87.18	-632.98	-50.9
Operating Cash Flow Growth	7.62%	21.61%	436.66%	-	-	-
Capital Expenditures	-25.03	-274.9	-308.78	-318.27	-19.76	-1.14
Sale of Property, Plant & Equipment	0.01	0.01	-	-	-	-
Sale (Purchase) of Intangibles	-	-	-	-	-0.18	-
Investment in Securities	20	160	-70	-100	336	-508.32
Other Investing Activities	132.56	162.53	613.31	728.27	409.13	490.02
Investing Cash Flow	127.54	47.65	234.53	310	725.19	-19.44
Short-Term Debt Issued	-	-	-	30.16	51.85	-
Long-Term Debt Issued	-	1,908	1,204	2,379	2,466	3,190
Total Debt Issued	4,306	1,908	1,204	2,409	2,518	3,190
Long-Term Debt Repaid	-	-1,497	-1,179	-545.76	-1,575	-2,318
Total Debt Repaid	-4,135	-1,497	-1,179	-545.76	-1,575	-2,318
Net Debt Issued (Repaid)	171.04	411.21	25.04	1,863	942.24	872.11
Repurchase of Common Stock	-	-	-265.94	-3,050	-	-
Common Dividends Paid	-459.56	-608.02	-279.76	-509.64	-868.52	-317.71
Other Financing Activities	-142.64	-170.08	-175.53	-88.02	-30.87	-21.13
Financing Cash Flow	-431.15	-366.89	-696.19	-1,785	42.84	533.27
Foreign Exchange Rate Adjustments	6.2	-0.02	3.4	1.55	1.88	6.32
Net Cash Flow	249.61	249.67	9.6	-1,386	136.92	469.26
Free Cash Flow	522	294.04	159.08	-231.1	-652.75	-52.04
Free Cash Flow Growth	609.80%	84.84%	-	-	-	-
Free Cash Flow Margin	65.85%	33.43%	16.84%	-29.26%	-106.39%	-
Free Cash Flow Per Share	0.17	0.10	0.05	-0.07	-0.21	-0.02
Cash Interest Paid	140.24	169.54	167.9	85.11	20.51	15.58
Cash Income Tax Paid	48.95	1.97	2.6	11.48	151.63	3.47
Levered Free Cash Flow	317.93	-185.24	140.34	-116.55	63.26	388.15
Unlevered Free Cash Flow	405.79	-75.85	247.79	-63.35	78.37	398.94
Change in Working Capital	-11.84	-11.84	-11.25	-206.85	-919.93	-13.85

Source: S&P Global Market Intelligence. Standard template. Financial Sources.