HKG:1022 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	105.3	-44.39	52.01	-29.64	-78.1
Depreciation & Amortization	6.66	4.67	7.15	8.36	8.78
Other Amortization	0.1	0.23	0.23	0.24	0.23
Loss (Gain) From Sale of Assets	3.69	0.12	-0.17	-0.51	-0.13
Asset Writedown & Restructuring Costs	9.38	1.66	3.01	-0.64	6.03
Loss (Gain) From Sale of Investments	14.93	11.42	-6.39	6.45	-7.64
Loss (Gain) on Equity Investments	0.06	-1.45	0.4	-0.76	-1.01
Stock-Based Compensation	2.23	-	-	-1.91	1.48
Other Operating Activities	-4.53	-9.57	-2.99	13	9.75
Change in Accounts Receivable	-6.67	-14.08	4.43	-14.75	4.28
Change in Accounts Payable	0.01	-	2.14	3.22	2.84
Change in Unearned Revenue	4.46	-2	-18.7	7.9	16.85
Change in Other Net Operating Assets	4.17	42.52	-1.06	4.53	-16.58
Operating Cash Flow	139.79	-10.88	40.07	-4.5	-53.23
Capital Expenditures	-4.61	-1.31	-6.89	-15.08	-28.1
Sale of Property, Plant & Equipment	-	0.14	0.27	0.63	0.15
Sale (Purchase) of Intangibles	-	-	-	-0.01	-
Sale (Purchase) of Real Estate	-51.37	-	-	-	-
Investment in Securities	37.81	-48.33	-40.68	32.26	-48.1
Other Investing Activities	5.16	6.49	6.31	4.54	5.43
Investing Cash Flow	-13	-43.01	-40.98	22.33	-70.62
Long-Term Debt Issued	-	-	100	-	26.16
Total Debt Issued	-	-	100	-	26.16
Long-Term Debt Repaid	-7.1	-7.46	-76.63	-13.66	-13.51
Total Debt Repaid	-7.1	-7.46	-76.63	-13.66	-13.51
Net Debt Issued (Repaid)	-7.1	-7.46	23.37	-13.66	12.65
Issuance of Common Stock	-	0.05	4.61	-	99.65
Other Financing Activities	-	-	-	-	-0.16
Financing Cash Flow	-7.1	-7.42	27.99	-13.66	112.14
Foreign Exchange Rate Adjustments	0.83	1.31	0.45	2.71	-1.23
Net Cash Flow	120.51	-59.99	27.53	6.89	-12.93
Free Cash Flow	135.18	-12.18	33.18	-19.58	-81.32
Free Cash Flow Margin	16.68%	-4.40%	14.67%	-10.22%	-77.61%
Free Cash Flow Per Share	0.08	-0.01	0.02	-0.01	-0.05
Cash Interest Paid	3.55	4.41	3.52	3.99	3.41
Cash Income Tax Paid	1.12	0.02	-	-	-0.17
Levered Free Cash Flow	76.43	-9.36	23.96	-40.53	-61.15
Unlevered Free Cash Flow	78.64	-6.78	26.26	-38.05	-58.94
Change in Working Capital	1.98	26.45	-13.18	0.9	7.39

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