HKG:0893 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-0.14	-20.66	9.7	1.3	8.31
Depreciation & Amortization	12.97	14.55	16.96	11.46	10.11
Other Amortization	0.02	0.02	0.02	0.01	-
Loss (Gain) From Sale of Assets	-	0.2	-	-0.1	-0.01
Asset Writedown & Restructuring Costs	0.78	10.59	0.31	-	-
Loss (Gain) on Equity Investments	-0.83	-1.68	-	-	-
Provision & Write-off of Bad Debts	-	-	-2.67	-4.53	-4.13
Other Operating Activities	0.5	2.82	10.49	8.39	-3.2
Change in Accounts Receivable	-86.45	44.36	85.41	0.83	-22.75
Change in Inventory	5.69	-6.32	-5.07	-1.73	-6.09
Change in Accounts Payable	1.94	-7.14	35.97	6.03	2.58
Change in Unearned Revenue	12.68	-6.79	20.67	2.05	3.89
Change in Other Net Operating Assets	87.69	-3.79	-76.65	-2.39	0.77
Operating Cash Flow	34.85	26.16	95.15	21.32	-18.22
Operating Cash Flow Growth	33.21%	-72.51%	346.36%	-	-
Capital Expenditures	-16.11	-19.02	-30.67	-22.09	-22.71
Sale of Property, Plant & Equipment	-	0.33	-	0.26	0
Divestitures	-	-	-	-	3.11
Sale (Purchase) of Intangibles	-6.25	-6.33	-48.27	-0.24	-
Investment in Securities	-	-2.5	-	-	-
Other Investing Activities	-0.14	-0.24	-0.82	-1.7	-2.03
Investing Cash Flow	-22.5	-27.75	-79.77	-23.77	-21.62
Short-Term Debt Issued	-	-	-	2.24	1.52
Long-Term Debt Issued	94.63	94.59	82.59	88.61	12.89
Total Debt Issued	94.63	94.59	82.59	90.85	14.41
Long-Term Debt Repaid	-106.66	-87.86	-93.58	-90.98	-0.23
Total Debt Repaid	-106.66	-87.86	-93.58	-90.98	-0.23
Net Debt Issued (Repaid)	-12.03	6.73	-10.98	-0.13	14.18
Other Financing Activities	-2.98	-1.29	-5.73	5.37	-15.78
Financing Cash Flow	-15	5.44	-16.71	5.23	-1.6
Foreign Exchange Rate Adjustments	0.02	-0.01	0.02	0.14	0.7
Net Cash Flow	-2.64	3.84	-1.32	2.92	-40.74
Free Cash Flow	18.73	7.14	64.47	-0.78	-40.92
Free Cash Flow Growth	162.53%	-88.93%	-	-	-
Free Cash Flow Margin	3.36%	1.31%	8.21%	-0.11%	-5.73%
Free Cash Flow Per Share	0.01	0.00	0.03	-	-0.02
Cash Interest Paid	4.08	4.95	5.73	4.64	4.1
Cash Income Tax Paid	0.84	2.67	2.64	0.88	4.24
Levered Free Cash Flow	11.33	-27.59	-37.77	25.76	-56
Unlevered Free Cash Flow	14.68	-23.23	-33.04	28.92	-53.17
Change in Working Capital	21.55	20.32	60.33	4.79	-21.59

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