HKG:0839 Cash Flow Statement

Financials in millions CNY. Fiscal year is September - August.

Millions CNY. Fiscal year is Sep - Aug.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Net Income	977	418	1,380	1,845	1,444
Depreciation & Amortization	1,082	869	732	628	421
Loss (Gain) From Sale of Assets	22	26	2	13	-25
Asset Writedown & Restructuring Costs	1,706	1,911	458	70	59
Loss (Gain) From Sale of Investments	-12	-11	-33	-15	-9
Stock-Based Compensation	-	-	17	20	-25
Provision & Write-off of Bad Debts	13	19	8	17	-4
Other Operating Activities	-52	251	563	136	-40
Change in Accounts Receivable	36	131	18	-125	45
Change in Accounts Payable	-9	-11	-4	29	-6
Change in Unearned Revenue	-39	816	687	394	540
Change in Other Net Operating Assets	161	96	18	-259	130
Operating Cash Flow	3,885	4,515	3,846	2,753	2,530
Operating Cash Flow Growth	-13.95%	17.39%	39.70%	8.81%	177.74%
Capital Expenditures	-2,952	-4,434	-2,818	-2,171	-2,841
Sale of Property, Plant & Equipment	-	-	5	2	4
Cash Acquisitions	-	-	-	-902	-477
Divestitures	-	-	-	-	26
Investment in Securities	-572	286	-322	1,682	-1,221
Other Investing Activities	7	31	448	-257	-369
Investing Cash Flow	-3,579	-4,179	-2,703	-1,744	-4,947
Long-Term Debt Issued	2,694	3,605	3,561	4,509	2,788
Total Debt Issued	2,694	3,605	3,561	4,509	2,788
Long-Term Debt Repaid	-2,727	-2,001	-3,951	-3,835	-864
Total Debt Repaid	-2,727	-2,001	-3,951	-3,835	-864
Net Debt Issued (Repaid)	-33	1,604	-390	674	1,924
Issuance of Common Stock	-	-	1,406	975	1,696
Repurchase of Common Stock	-	-	-20	-10	-
Common Dividends Paid	-82	-243	-1,217	-395	-637
Other Financing Activities	-628	-632	-543	-785	-623
Financing Cash Flow	-743	729	-764	459	2,360
Foreign Exchange Rate Adjustments	-4	-4	5	10	-19
Net Cash Flow	-441	1,061	384	1,478	-76
Free Cash Flow	933	81	1,028	582	-311
Free Cash Flow Growth	1051.85%	-92.12%	76.63%	-	-
Free Cash Flow Margin	12.67%	1.23%	18.30%	12.24%	-8.45%
Free Cash Flow Per Share	0.34	0.03	0.41	0.23	-0.13
Cash Interest Paid	577	551	504	412	301
Cash Income Tax Paid	345	192	95	19	10
Levered Free Cash Flow	-475.88	-1,129	-120.75	391	-3.82
Unlevered Free Cash Flow	-171.5	-834.38	172.38	583.5	97.43
Change in Working Capital	149	1,032	719	39	709

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