HKG:0805 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	34.5	43.33	79.97	32.96	25.08
Depreciation & Amortization	19.27	20.11	16.26	14.34	12.29
Loss (Gain) From Sale of Assets	0.69	0.69	-	0.62	-
Loss (Gain) on Equity Investments	-	-	-0.11	-1.08	-0.91
Stock-Based Compensation	1.11	1.11	-	-	-
Provision & Write-off of Bad Debts	1.71	1.71	-0.03	-	-
Other Operating Activities	-42.59	26.13	34.37	12.97	7.23
Change in Accounts Receivable	-9.96	-9.96	6	-23.91	-3.65
Change in Inventory	8.65	8.65	-45.09	-43.19	-62.7
Change in Accounts Payable	74.63	74.63	24.51	60.07	58.45
Change in Unearned Revenue	-0.53	-0.53	5.21	2.75	-18.26
Change in Other Net Operating Assets	-22.21	-22.21	-1.32	2.27	1.88
Operating Cash Flow	65.28	143.68	119.77	57.78	19.41
Operating Cash Flow Growth	38.41%	19.96%	107.27%	197.72%	-
Capital Expenditures	-7.19	-7.97	-7.19	-6.27	-4.56
Sale of Property, Plant & Equipment	0.44	0.46	0.46	0.85	0.06
Cash Acquisitions	-2.59	-	4.02	-	-
Sale (Purchase) of Intangibles	-0.17	-0.27	-	0.01	-
Other Investing Activities	-170.65	-90.24	-	-	-
Investing Cash Flow	-333.21	-98.03	-2.7	-5.41	-4.5
Long-Term Debt Issued	-	221.39	41.06	27.89	-
Long-Term Debt Repaid	-	-179.02	-27.86	-7.16	-3.8
Net Debt Issued (Repaid)	-5.49	42.37	13.2	20.73	-3.8
Other Financing Activities	-16.75	-72.62	-138	-60.62	-5.17
Financing Cash Flow	247.84	-30.25	-124.8	-39.88	-8.97
Foreign Exchange Rate Adjustments	1.16	-0.48	0.61	0.18	-0.24
Net Cash Flow	-18.93	14.92	-7.12	12.67	5.7
Free Cash Flow	58.09	135.7	112.59	51.51	14.85
Free Cash Flow Growth	49.30%	20.53%	118.56%	246.98%	-
Free Cash Flow Margin	6.80%	15.70%	15.63%	10.33%	4.95%
Free Cash Flow Per Share	0.07	0.19	0.16	-	-
Cash Interest Paid	4.66	3.87	0.89	0.84	1.35
Cash Income Tax Paid	6.07	4.34	-	-	-
Levered Free Cash Flow	-144.95	35.89	71.44	24.87	-
Unlevered Free Cash Flow	-136.38	43.63	72.89	26.46	-
Change in Working Capital	50.59	50.59	-10.68	-2.02	-24.28

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