HKG:0865 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	FY 2020
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	Dec '20 Dec 31, 2020
Net Income	-39.21	-40.59	4.51	31.32	1.3	98.88
Depreciation & Amortization	0.4	0.66	1.12	1.75	1.89	1.26
Loss (Gain) From Sale of Assets	-	-	-	-	-	-0.06
Asset Writedown & Restructuring Costs	11.19	11.19	-0.11	2.9	1.27	1.77
Other Operating Activities	37.45	19.54	5.98	-0.89	-9.35	-0.34
Change in Accounts Receivable	1.47	1.47	9.26	49.53	-36.41	16.54
Change in Inventory	7.25	7.25	158.19	-78.51	-192.44	1.68
Change in Accounts Payable	5.16	5.16	-42.97	-27.45	35	47.15
Change in Unearned Revenue	-9.76	-9.76	-123.32	-102.36	205.98	-373.44
Change in Other Net Operating Assets	-1.98	-1.98	-0.51	-6.25	7.8	28.68
Operating Cash Flow	11.97	-7.06	12.16	-129.96	15.04	-177.89
Operating Cash Flow Growth	3117.74%	-	-	-	-	-
Capital Expenditures	-0.1	-0.11	-0.11	-0.38	-0.52	-2.82
Sale (Purchase) of Real Estate	-0.31	4.18	7.58	8.84	10.07	2.47
Investment in Securities	30	-	-	-	-	125
Other Investing Activities	1.95	2.73	2.05	2.48	3.61	6.9
Investing Cash Flow	31.53	6.8	9.52	10.93	13.16	131.55
Short-Term Debt Issued	-	5.08	1.36	27.18	14.3	54.35
Long-Term Debt Issued	-	-	20	-	40	-
Total Debt Issued	6.82	5.08	21.36	27.18	54.3	54.35
Long-Term Debt Repaid	-	-36.11	-20.26	-4.26	-0.55	-0.48
Total Debt Repaid	-38.36	-36.11	-20.26	-4.26	-0.55	-0.48
Net Debt Issued (Repaid)	-31.53	-31.03	1.1	22.93	53.75	53.87
Other Financing Activities	-55.24	-56.31	-3.04	-1.92	-0.83	-0.13
Financing Cash Flow	-86.78	-87.33	-1.94	21.01	52.92	53.73
Foreign Exchange Rate Adjustments	-0.1	-0.1	0.22	0.33	-	-
Net Cash Flow	-43.37	-87.7	19.96	-97.69	81.13	7.4
Free Cash Flow	11.87	-7.17	12.05	-130.34	14.53	-180.71
Free Cash Flow Growth	4360.90%	-	-	-	-	-
Free Cash Flow Margin	15.46%	-9.34%	4.33%	-49.72%	13.75%	-37.65%
Free Cash Flow Per Share	0.00	-0.00	0.00	-0.02	0.00	-0.03
Cash Interest Paid	0.22	1.19	2.93	1.82	0.83	0.04
Cash Income Tax Paid	0.65	0.65	3.3	19.53	11.35	31.69
Levered Free Cash Flow	59.62	32.64	10.7	-127.72	32.18	-207.46
Unlevered Free Cash Flow	59.63	32.65	10.71	-127.72	32.2	-207.44
Change in Working Capital	2.14	2.14	0.66	-165.04	19.93	-279.39

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