HKG:0505 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	241.22	187.45	216.61	276.98
Depreciation & Amortization	110.69	100.75	103.61	106.13
Loss (Gain) From Sale of Assets	0.35	1.25	0.02	0.09
Stock-Based Compensation	6.58	6.91	4.92	5.31
Provision & Write-off of Bad Debts	10.43	0.66	1.22	1.77
Other Operating Activities	-33.01	-40.18	-72.5	-19.6
Change in Accounts Receivable	-343.65	-161.23	-82.1	-73.65
Change in Inventory	-229	-90.05	-11.59	-274.04
Change in Accounts Payable	461.76	-132.83	330.56	76.1
Operating Cash Flow	225.35	-127.29	490.75	99.07
Operating Cash Flow Growth	-	-	395.35%	-
Capital Expenditures	-274.27	-335.73	-156.7	-162.4
Sale of Property, Plant & Equipment	0.24	1.56	0.02	0.17
Sale (Purchase) of Intangibles	-	-12.89	-	-
Investment in Securities	-	-	-	5.21
Other Investing Activities	52.57	201.25	-159.19	15.29
Investing Cash Flow	-221.46	-145.82	-315.88	-141.74
Long-Term Debt Issued	2,431	2,240	1,182	1,554
Long-Term Debt Repaid	-2,266	-1,911	-1,167	-1,556
Net Debt Issued (Repaid)	164.87	328.96	15.17	-1.18
Issuance of Common Stock	-	-	-	66.77
Repurchase of Common Stock	-11.09	-16.13	-9.93	-10.73
Other Financing Activities	104.43	59.07	-121.87	-
Financing Cash Flow	258.21	371.9	-116.63	54.86
Foreign Exchange Rate Adjustments	0.36	3.1	22.78	0.35
Net Cash Flow	262.46	101.89	81.02	12.54
Free Cash Flow	-48.92	-463.01	334.05	-63.33
Free Cash Flow Margin	-0.61%	-7.32%	5.36%	-0.91%
Free Cash Flow Per Share	-0.06	-0.53	0.38	-0.07
Cash Interest Paid	39.69	31.88	30.5	34.94
Cash Income Tax Paid	55.13	25.86	57.28	52.12
Levered Free Cash Flow	95.02	-424.31	199.45	-92.4
Unlevered Free Cash Flow	119.97	-404.28	217.95	-70.51
Change in Working Capital	-110.89	-384.11	236.87	-271.6

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