HKG:0909 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-189.55	-585.63	-1,154	-343.98
Depreciation & Amortization	81.4	94.36	110.33	53.52
Other Amortization	0.99	2.6	3.44	3.16
Loss (Gain) From Sale of Assets	1.68	-0.16	-3.26	-0.9
Asset Writedown & Restructuring Costs	-	-	32.81	-
Loss (Gain) From Sale of Investments	50.83	54.07	78.73	45.47
Loss (Gain) on Equity Investments	0.41	1.69	1.36	0.26
Stock-Based Compensation	145.58	417.32	499.45	803.15
Other Operating Activities	-36.74	-18.82	171.87	-290.91
Change in Accounts Receivable	-62.03	-65.58	-25.9	-127.88
Change in Inventory	-1.05	-2.81	-5.98	-0.32
Change in Accounts Payable	0.76	-14.11	-28.19	13.7
Change in Unearned Revenue	-96.64	-52.1	-32.09	58.82
Change in Other Net Operating Assets	33.8	30.24	-16.45	-124.94
Operating Cash Flow	-70.55	-138.93	-367.95	89.15
Operating Cash Flow Growth	-	-	-	-78.04%
Capital Expenditures	-6.92	-8.33	-114	-247.86
Sale of Property, Plant & Equipment	0.81	3.28	1.63	1.87
Cash Acquisitions	-	-	-	-21.18
Divestitures	-	-0.04	-	-
Sale (Purchase) of Intangibles	-0.15	-0.19	-1.78	-4.89
Investment in Securities	-1,669	2,549	696.2	-1,675
Other Investing Activities	0.01	0.05	-141.73	-14.72
Investing Cash Flow	-1,675	2,544	440.32	-1,962
Long-Term Debt Repaid	-38.67	-57.47	-64.87	-31.59
Total Debt Repaid	-38.67	-57.47	-64.87	-31.59
Net Debt Issued (Repaid)	-38.67	-57.47	-64.87	-31.59
Repurchase of Common Stock	-81.61	-11.86	-420.38	-
Common Dividends Paid	-167.52	-	-101.91	-127.91
Other Financing Activities	-4.42	-7.1	-10.32	-656.81
Financing Cash Flow	-292.21	-76.44	-597.48	-816.31
Foreign Exchange Rate Adjustments	10.49	2.43	149.83	-52.92
Net Cash Flow	-2,028	2,331	-375.28	-2,742
Free Cash Flow	-77.47	-147.25	-481.94	-158.71
Free Cash Flow Margin	-5.40%	-8.98%	-26.53%	-7.27%
Free Cash Flow Per Share	-0.04	-0.08	-0.26	-0.09
Cash Interest Paid	4.42	7.1	10.32	3.13
Cash Income Tax Paid	-	-	-3.47	-12.21
Levered Free Cash Flow	-60.41	-25.49	-183.32	55.78
Unlevered Free Cash Flow	-57.65	-21.05	-176.87	57.73
Change in Working Capital	-125.16	-104.35	-108.6	-180.62

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