HKG:0048 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	27.38	30.03	-78.56	-0.41
Depreciation & Amortization	6.08	4.24	6.49	9.28
Loss (Gain) From Sale of Assets	1.7	11.17	9.99	0.17
Loss (Gain) From Sale of Investments	1.28	-4.56	25.32	-6.21
Loss (Gain) on Equity Investments	-0.12	2.84	-0.3	-0.33
Stock-Based Compensation	-	-	3.01	2.22
Provision & Write-off of Bad Debts	2.43	-26.45	29.9	-2.36
Other Operating Activities	-29.88	4.41	-0.62	5.21
Change in Accounts Receivable	14.63	82.26	-17.13	-21.11
Change in Inventory	3.74	1.71	7.44	-0.16
Change in Accounts Payable	9.37	-19.98	9.99	14.79
Change in Unearned Revenue	5.56	-42.61	16.53	9.9
Change in Other Net Operating Assets	-20.08	22.02	-6.31	-3.12
Operating Cash Flow	22.08	64.5	6.15	2.07
Operating Cash Flow Growth	-65.77%	948.12%	197.01%	7.47%
Capital Expenditures	-0.96	-59.28	-0.9	-3.12
Sale of Property, Plant & Equipment	2.96	0	0.04	0
Divestitures	0.91	-0.06	-	-
Other Investing Activities	0.08	0.07	0.05	0.03
Investing Cash Flow	2.99	-59.27	-0.81	-3.08
Short-Term Debt Issued	-	-	45	-
Long-Term Debt Issued	27.86	25	-	30
Total Debt Issued	27.86	25	45	30
Short-Term Debt Repaid	-25	-25	-50	-40
Long-Term Debt Repaid	-3.19	-2.55	-2.63	-2.58
Total Debt Repaid	-28.19	-27.55	-52.63	-42.58
Net Debt Issued (Repaid)	-0.33	-2.55	-7.63	-12.58
Issuance of Common Stock	-	-	2.84	18.82
Other Financing Activities	-1.39	-1.58	-2.07	-1.86
Financing Cash Flow	-1.72	-4.13	-6.86	4.39
Foreign Exchange Rate Adjustments	0.03	-0.38	2.25	-5.61
Net Cash Flow	23.38	0.72	0.74	-2.24
Free Cash Flow	21.12	5.22	5.25	-1.05
Free Cash Flow Growth	304.66%	-0.69%	-	-
Free Cash Flow Margin	16.43%	4.59%	2.85%	-0.57%
Free Cash Flow Per Share	0.12	0.03	0.03	-0.01
Cash Interest Paid	1.39	1.58	2.07	1.86
Cash Income Tax Paid	1.4	0.33	0.05	0.44
Levered Free Cash Flow	-14.51	-6.8	14.82	5.4
Unlevered Free Cash Flow	-13.59	-5.82	16.12	6.56
Change in Working Capital	13.21	42.82	10.92	-5.49

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