HKG:0606 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	57.92	56.96	257.05	208.07	280.61
Depreciation & Amortization	48.55	48.09	20.2	18.23	11.59
Loss (Gain) From Sale of Assets	5.02	-0.1	-0.01	-0.01	-0.04
Asset Writedown & Restructuring Costs	-	-	0.75	-	-
Loss (Gain) on Equity Investments	-1.26	-1.04	-0.33	-0.27	-0.18
Stock-Based Compensation	0.33	1.73	1.69	1.61	1.57
Provision & Write-off of Bad Debts	71.65	91.21	1.24	3.93	0.08
Other Operating Activities	10.36	66.56	-88.2	-12.91	-15.39
Change in Accounts Receivable	-34.77	-80.84	-92.55	-113.95	1.26
Change in Accounts Payable	27.5	17.43	33.47	-1.74	26.42
Change in Unearned Revenue	-5.68	8.58	51.55	5.37	83.79
Change in Other Net Operating Assets	-33.12	68.55	30.55	0.67	72.82
Operating Cash Flow	146.5	277.12	215.41	109	462.51
Operating Cash Flow Growth	-47.13%	28.64%	97.63%	-76.43%	53.16%
Capital Expenditures	-16.92	-15.15	-17.8	-12.5	-27.47
Sale of Property, Plant & Equipment	2.39	0.41	0.38	0.72	1.02
Cash Acquisitions	-	-	-1,086	-	-
Divestitures	-39.51	-	-	-	-
Investment in Securities	301.44	649.98	10	-	-
Other Investing Activities	-58.26	-115.4	1,009	-2,612	424.87
Investing Cash Flow	189.13	519.85	-84.09	-2,623	398.41
Short-Term Debt Repaid	-	-	-	-47.06	-56.65
Long-Term Debt Repaid	-4.88	-2.79	-4.1	-4.37	-4.3
Total Debt Repaid	-4.88	-2.79	-4.1	-51.43	-60.95
Net Debt Issued (Repaid)	-4.88	-2.79	-4.1	-51.43	-60.95
Issuance of Common Stock	-	-	-	-	1,773
Repurchase of Common Stock	-	-	-188.76	-	-
Common Dividends Paid	-	-	-	-88.55	-43.54
Other Financing Activities	-	-	-	-	-98.36
Financing Cash Flow	-4.88	-2.79	-192.87	-139.98	1,570
Foreign Exchange Rate Adjustments	1.59	-2.44	1.63	19.61	-35.09
Net Cash Flow	332.35	791.74	-59.92	-2,635	2,396
Free Cash Flow	129.59	261.97	197.61	96.5	435.05
Free Cash Flow Growth	-50.53%	32.57%	104.78%	-77.82%	48.29%
Free Cash Flow Margin	10.87%	21.60%	15.84%	8.16%	35.37%
Free Cash Flow Per Share	0.07	0.14	0.10	0.05	0.24
Cash Interest Paid	0.21	0.25	0.12	0.37	0.56
Cash Income Tax Paid	33.71	54.89	96.29	71.62	118.38
Levered Free Cash Flow	-728.08	864	386.98	-949.95	688.43
Unlevered Free Cash Flow	-727.95	864.16	387.06	-949.71	688.78
Change in Working Capital	-46.07	13.72	23.02	-109.66	184.29

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