HKG:0095 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	-5,171	-2,126	-730.15	1,153
Depreciation & Amortization	61.31	60.31	77.95	73.44
Loss (Gain) From Sale of Assets	0	-0	0.02	-3.56
Asset Writedown & Restructuring Costs	3,565	1,212	301.83	220.02
Loss (Gain) on Equity Investments	-	0	0	0
Provision & Write-off of Bad Debts	4.99	0	36.39	68.87
Other Operating Activities	1,439	1,431	480.27	-535.01
Change in Accounts Receivable	-4.17	-3.17	-59.74	-42.8
Change in Inventory	-836.43	-1,839	-6,468	-4,844
Change in Accounts Payable	-572.87	-430.07	1,885	2,323
Change in Unearned Revenue	4,374	1,291	1,528	10.01
Change in Other Net Operating Assets	775.63	-3,224	-584.68	-444.46
Operating Cash Flow	3,635	-3,628	-3,533	-2,021
Capital Expenditures	-0.45	-2.14	-3.17	-10.82
Sale of Property, Plant & Equipment	0.28	0.19	-	0.26
Divestitures	-	-	-	0.24
Sale (Purchase) of Real Estate	15.3	-1,050	-1,253	-168.73
Investment in Securities	53.75	-	261.5	338.98
Other Investing Activities	1,008	-1,306	1,190	670.25
Investing Cash Flow	1,077	-2,358	195.13	830.18
Short-Term Debt Issued	3,160	6,094	3,630	1,102
Long-Term Debt Issued	4,544	13,090	10,815	11,361
Total Debt Issued	7,703	19,185	14,445	12,462
Short-Term Debt Repaid	-3,637	-775.74	-2,883	-
Long-Term Debt Repaid	-6,355	-11,468	-9,143	-10,524
Total Debt Repaid	-9,992	-12,244	-12,027	-10,524
Net Debt Issued (Repaid)	-2,289	6,941	2,419	1,938
Issuance of Common Stock	-	-	-	1.21
Other Financing Activities	-2,177	-1,964	-1,162	-1,922
Financing Cash Flow	-4,465	4,977	1,257	17.43
Foreign Exchange Rate Adjustments	-135.69	-75.14	5.23	-10.27
Net Cash Flow	111.11	-1,084	-2,076	-1,184
Free Cash Flow	3,634	-3,630	-3,536	-2,032
Free Cash Flow Margin	97.86%	-59.34%	-151.04%	-46.42%
Free Cash Flow Per Share	0.71	-0.71	-0.69	-0.23
Cash Interest Paid	2,177	3,099	2,298	2,087
Cash Income Tax Paid	368.99	365.44	304.71	427.33
Levered Free Cash Flow	4,060	871.71	-1,929	-2,288
Unlevered Free Cash Flow	5,341	1,962	-812.01	-1,218
Change in Working Capital	3,736	-4,205	-3,699	-2,998

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