HKG:0291 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	FY 2020	2015 - 2019
Period Ending	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	2015 - 2019
Net Income	4,739	5,153	4,344	4,587	2,094	Upgrade
Depreciation & Amortization	2,350	2,277	1,562	1,641	1,746	Upgrade
Loss (Gain) From Sale of Assets	-94	-486	-278	-1,857	-11	Upgrade
Asset Writedown & Restructuring Costs	79	142	212	300	574	Upgrade
Loss (Gain) From Sale of Investments	44	-4	-100	29	-	Upgrade
Loss (Gain) on Equity Investments	-15	5	67	21	-	Upgrade
Other Operating Activities	-281	541	-408	370	-108	Upgrade
Change in Accounts Receivable	-306	124	132	26	136	Upgrade
Change in Inventory	-288	-224	-1,203	-844	-387	Upgrade
Change in Accounts Payable	700	-3,379	2,518	722	436	Upgrade
Operating Cash Flow	6,928	4,149	6,846	4,995	4,480	Upgrade
Operating Cash Flow Growth	66.98%	-39.40%	37.06%	11.50%	9.32%	Upgrade
Capital Expenditures	-2,813	-2,520	-1,661	-1,471	-1,047	Upgrade
Sale of Property, Plant & Equipment	120	157	591	226	384	Upgrade
Cash Acquisitions	214	-9,709	-	-	-	Upgrade
Investment in Securities	-	-120	-490	-1,245	-	Upgrade
Other Investing Activities	344	2,505	502	-260	-407	Upgrade
Investing Cash Flow	-2,135	-9,687	-1,058	-2,750	-1,070	Upgrade
Short-Term Debt Issued	300	-	-	-	1,469	Upgrade
Long-Term Debt Issued	34,301	9,717	3,500	-	-	Upgrade
Total Debt Issued	34,601	9,717	3,500	-	1,469	Upgrade
Short-Term Debt Repaid	-	-	-	-	-1,995	Upgrade
Long-Term Debt Repaid	-37,658	-6,647	-2,478	-76	-54	Upgrade
Total Debt Repaid	-37,658	-6,647	-2,478	-76	-2,049	Upgrade
Net Debt Issued (Repaid)	-3,057	3,070	1,022	-76	-580	Upgrade
Common Dividends Paid	-3,363	-1,911	-1,739	-1,281	-561	Upgrade
Other Financing Activities	-74	-232	-94	-9	-56	Upgrade
Financing Cash Flow	-6,494	927	-811	-1,366	-1,197	Upgrade
Foreign Exchange Rate Adjustments	-3	-77	-145	-41	-15	Upgrade
Net Cash Flow	-1,704	-4,688	4,832	838	2,198	Upgrade
Free Cash Flow	4,115	1,629	5,185	3,524	3,433	Upgrade
Free Cash Flow Growth	152.61%	-68.58%	47.13%	2.65%	31.63%	Upgrade
Free Cash Flow Margin	10.65%	4.18%	14.70%	10.55%	10.92%	Upgrade
Free Cash Flow Per Share	1.27	0.50	1.60	1.09	1.06	Upgrade
Cash Interest Paid	68	182	39	6	56	Upgrade
Cash Income Tax Paid	2,014	1,309	1,270	1,275	1,148	Upgrade
Levered Free Cash Flow	3,502	1,731	3,879	2,377	753.88	Upgrade
Unlevered Free Cash Flow	3,553	1,844	3,904	2,381	788.88	Upgrade
Change in Working Capital	106	-3,479	1,447	-96	185	Upgrade

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.