HKG:0688 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	15,636	25,610	23,265	40,155
Depreciation & Amortization	459.53	405.1	667.21	407.94
Loss (Gain) From Sale of Assets	-9.32	-31.11	94.56	-32.37
Asset Writedown & Restructuring Costs	-417.32	-4,846	-4,796	-5,540
Loss (Gain) From Sale of Investments	-70.21	-141.25	-1,251	-
Loss (Gain) on Equity Investments	-649.05	-1,627	-2,181	-3,686
Stock-Based Compensation	-	-	-128.84	116.01
Other Operating Activities	-4,800	384.06	-3,255	-310.71
Change in Accounts Receivable	1,014	-64.57	982.55	4,914
Change in Inventory	43,873	15,404	-7,623	-1,011
Change in Accounts Payable	-8,063	78.38	-17,810	-17,337
Change in Other Net Operating Assets	-518.34	107.56	1,518	4,888
Operating Cash Flow	46,454	35,279	-10,518	22,565
Operating Cash Flow Growth	31.67%	-	-	101.46%
Capital Expenditures	-198.04	-204.8	-649.19	-226.13
Sale of Property, Plant & Equipment	30.32	50.88	40.32	92.39
Cash Acquisitions	-	19.48	-3,757	-
Divestitures	-	-	-	863.74
Sale (Purchase) of Real Estate	-1,733	-5,918	-5,566	-8,792
Investment in Securities	3,006	1,108	1,679	-6,936
Other Investing Activities	736.87	173.51	113.48	532.51
Investing Cash Flow	1,842	-4,771	-8,140	-14,465
Short-Term Debt Issued	2,363	2,873	1,147	5,386
Long-Term Debt Issued	94,119	83,184	99,844	89,896
Total Debt Issued	96,482	86,057	100,991	95,282
Short-Term Debt Repaid	-2,307	-1,783	-2,431	-594.59
Long-Term Debt Repaid	-106,759	-104,123	-80,242	-60,883
Total Debt Repaid	-109,066	-105,906	-82,673	-61,478
Net Debt Issued (Repaid)	-12,584	-19,849	18,318	33,805
Issuance of Common Stock	-	-	1.46	-
Repurchase of Common Stock	-	-	-	-108.41
Common Dividends Paid	-7,498	-7,566	-10,879	-10,732
Other Financing Activities	-9,715	-7,604	-9,513	-8,539
Financing Cash Flow	-29,797	-35,018	-2,073	14,426
Foreign Exchange Rate Adjustments	49.85	145.31	578.37	-327.68
Net Cash Flow	18,548	-4,365	-20,152	22,197
Free Cash Flow	46,256	35,075	-11,168	22,339
Free Cash Flow Growth	31.88%	-	-	105.17%
Free Cash Flow Margin	24.98%	17.32%	-6.19%	9.22%
Free Cash Flow Per Share	4.23	3.21	-1.02	2.04
Cash Interest Paid	9,066	9,919	9,193	7,959
Cash Income Tax Paid	17,883	17,072	22,583	21,509
Levered Free Cash Flow	42,631	38,052	-26,456	31,245
Unlevered Free Cash Flow	43,215	38,698	-25,795	31,787
Change in Working Capital	36,305	15,526	-22,933	-8,545

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.