HKG:0661 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
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
Net Income	40.2	-56.33	110.91	286.44	306.42
Depreciation & Amortization	903.85	843.18	672.44	53.72	719.19
Loss (Gain) From Sale of Assets	0.47	-16.41	20.89	-5.04	-6.64
Asset Writedown & Restructuring Costs	132.62	24.11	66.04	77.69	44.44
Loss (Gain) on Equity Investments	1.57	-	-	-	-
Provision & Write-off of Bad Debts	-0.31	2.68	7.43	50.36	49.22
Other Operating Activities	-420.39	30.64	-445.91	406.21	231.07
Change in Accounts Receivable	258.18	-294.26	-14.33	92.04	768.76
Change in Inventory	1,178	-1,889	-3,685	-621.66	342.05
Change in Accounts Payable	-1,108	27.91	1,824	211.75	-207.84
Change in Unearned Revenue	141.38	27	-181.24	186.9	1.03
Change in Other Net Operating Assets	-307	-14.29	-636.31	-154.03	-227.21
Operating Cash Flow	820.66	-1,315	-2,286	584.38	2,020
Operating Cash Flow Growth	-	-	-	-71.08%	70.97%
Capital Expenditures	-524.57	-986.51	-1,451	-1,531	-699.27
Sale of Property, Plant & Equipment	40.69	71.29	3.59	0.56	9.23
Divestitures	-	8.86	-0.03	-	-
Sale (Purchase) of Intangibles	-4.43	-8.92	-27.1	-32.42	-
Investment in Securities	-	-	425.53	108.42	-55.81
Other Investing Activities	9.88	70.7	-8.24	27.4	-81.86
Investing Cash Flow	-478.43	-844.59	-1,057	-1,427	-827.71
Short-Term Debt Issued	-	-	-	-	0.01
Long-Term Debt Issued	20,255	21,153	17,957	11,525	9,118
Total Debt Issued	20,255	21,153	17,957	11,525	9,118
Short-Term Debt Repaid	-	-	-	-8.61	-4.14
Long-Term Debt Repaid	-19,599	-18,610	-14,385	-10,336	-11,425
Total Debt Repaid	-19,599	-18,610	-14,385	-10,344	-11,429
Net Debt Issued (Repaid)	656.05	2,544	3,572	1,180	-2,311
Issuance of Common Stock	-	-	-	9.54	-
Other Financing Activities	-458.13	-212.21	-223.42	85.48	-13.42
Financing Cash Flow	197.92	2,332	3,349	1,275	-2,325
Foreign Exchange Rate Adjustments	-	-	-	7.15	4.84
Net Cash Flow	540.15	171.84	5.24	440.07	-1,127
Free Cash Flow	296.08	-2,302	-3,737	-946.16	1,321
Free Cash Flow Growth	-	-	-	-	106.64%
Free Cash Flow Margin	0.51%	-5.14%	-11.10%	-2.65%	4.50%
Free Cash Flow Per Share	0.02	-0.13	-0.21	-0.05	0.07
Cash Interest Paid	458.13	411.75	323.42	255.04	313.02
Cash Income Tax Paid	97.83	162.15	142.95	37.29	7.59
Levered Free Cash Flow	-289.94	-2,886	-3,455	-1,809	944.92
Unlevered Free Cash Flow	26.83	-2,542	-3,253	-1,615	1,152
Change in Working Capital	162.66	-2,143	-2,693	-285	676.78

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.