Central China Real Estate Limited (HKG:0832)

Central China Real Estate Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-3,308	-3,264	-7,561	604.91
Depreciation & Amortization	402.2	327.25	290.98	296.65
Loss (Gain) From Sale of Assets	-107.91	41.55	672.11	-971.15
Asset Writedown & Restructuring Costs	633.12	12.77	1,448	-311.62
Loss (Gain) From Sale of Investments	178.53	-57.84	-41.88	-45.55
Loss (Gain) on Equity Investments	195.43	-187.22	165.12	-171.45
Stock-Based Compensation	10	10.69	15.97	32.15
Provision & Write-off of Bad Debts	22.88	30.8	611.99	-
Other Operating Activities	2,422	3,406	2,882	720.34
Change in Accounts Receivable	-320.57	-1,366	3,004	-2,028
Change in Inventory	8,922	13,252	3,160	4,513
Change in Accounts Payable	-955.87	-3,533	-2,502	5,582
Change in Unearned Revenue	-10,868	-11,528	-7,570	-12,443
Change in Other Net Operating Assets	500.85	1,836	4,029	4,994
Operating Cash Flow	-2,273	-1,020	-1,355	780.86
Operating Cash Flow Growth	-	-	-	-83.64%
Capital Expenditures	-31.22	-157.92	-152.15	-412.36
Sale of Property, Plant & Equipment	4.19	16.42	184.09	8.99
Cash Acquisitions	0.08	-76.83	-434.97	-486.22
Divestitures	-4.53	-181.46	529.14	195.04
Sale (Purchase) of Real Estate	40.93	-	-	-
Investment in Securities	236.79	-65.56	453.09	-1,911
Other Investing Activities	16.26	11.14	65.02	500.22
Investing Cash Flow	262.5	-454.2	644.22	-2,105
Long-Term Debt Issued	2,613	1,977	8,459	9,241
Long-Term Debt Repaid	-505.68	-1,001	-8,742	-18,649
Net Debt Issued (Repaid)	2,107	976.02	-282.84	-9,408
Issuance of Common Stock	-	-	-	239.7
Common Dividends Paid	-	-	-17.37	-1,027
Other Financing Activities	-119.54	-1,011	-3,003	-5,140
Financing Cash Flow	1,988	-34.96	-3,304	-15,335
Foreign Exchange Rate Adjustments	-0.08	7.4	2.93	-57.33
Net Cash Flow	-22.79	-1,502	-4,012	-16,717
Free Cash Flow	-2,304	-1,178	-1,507	368.51
Free Cash Flow Growth	-	-	-	-91.45%
Free Cash Flow Margin	-14.34%	-6.12%	-6.26%	0.88%
Free Cash Flow Per Share	-0.78	-0.40	-0.52	0.13
Cash Interest Paid	125.83	848.7	2,547	2,273
Cash Income Tax Paid	103.89	460.83	1,116	2,423
Levered Free Cash Flow	-424.3	-2,471	-2,919	1,238
Unlevered Free Cash Flow	101.06	-1,867	-2,272	1,534
Change in Working Capital	-2,721	-1,340	162.3	626.57

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