HKG:0520 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	-400.68	-199.47	-353.05	-293.21
Depreciation & Amortization	777.25	928.6	963.55	1,053
Loss (Gain) From Sale of Assets	4.38	2.35	1.52	0.76
Asset Writedown & Restructuring Costs	232.06	151.61	54.66	219.93
Loss (Gain) From Sale of Investments	-27.31	-44.23	-14	-5.97
Loss (Gain) on Equity Investments	0.1	-0.02	-0.15	-
Stock-Based Compensation	3.81	2.95	4.84	8.78
Other Operating Activities	41.66	138.9	47.52	86.36
Change in Accounts Receivable	40.59	-18.84	-9.26	10.63
Change in Inventory	56.32	224.39	-22.85	91.96
Change in Accounts Payable	-33.26	26.38	-7.96	-90.53
Change in Unearned Revenue	12.44	15.64	83.29	14.94
Change in Other Net Operating Assets	8.06	-93.43	133.51	-48.03
Operating Cash Flow	715.42	1,135	881.62	1,049
Operating Cash Flow Growth	-36.96%	28.72%	-15.92%	-17.45%
Capital Expenditures	-237.8	-431.61	-401.01	-438.96
Sale of Property, Plant & Equipment	67.57	31.16	-	1.87
Sale (Purchase) of Intangibles	-1.94	-6.65	-1.04	-2.05
Investment in Securities	94.35	-270.56	-360.37	-22.55
Other Investing Activities	49.32	-116.64	-11.64	-77.63
Investing Cash Flow	-28.51	-794.3	-774.06	-539.31
Short-Term Debt Issued	380.41	248.58	58.68	75.8
Total Debt Issued	380.41	248.58	58.68	75.8
Short-Term Debt Repaid	-248.58	-58.68	-75.8	-20
Long-Term Debt Repaid	-544.64	-632.29	-563.24	-663.96
Total Debt Repaid	-793.22	-690.97	-639.04	-683.96
Net Debt Issued (Repaid)	-412.82	-442.39	-580.36	-608.15
Issuance of Common Stock	-	-	0.75	5.93
Repurchase of Common Stock	-	-	-89.54	-12.29
Common Dividends Paid	-29.78	-60	-60	-60
Other Financing Activities	-9.57	-7.16	-2.65	-8.79
Financing Cash Flow	-452.17	-509.55	-731.8	-683.31
Foreign Exchange Rate Adjustments	-1.42	-2.32	4.41	-2.71
Net Cash Flow	233.33	-171.34	-619.83	-176.79
Free Cash Flow	477.62	703.22	480.61	609.58
Free Cash Flow Growth	-32.08%	46.32%	-21.16%	-29.58%
Free Cash Flow Margin	10.01%	11.84%	10.12%	9.89%
Free Cash Flow Per Share	0.46	0.68	0.46	0.57
Cash Interest Paid	9.57	7.16	2.55	1.73
Cash Income Tax Paid	21.66	24.33	-8.8	57.86
Levered Free Cash Flow	491.15	559.7	517.49	425.07
Unlevered Free Cash Flow	534.14	603.39	566.61	482.92
Change in Working Capital	84.15	154.14	176.74	-21.03

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