HKG:1039 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	-16.08	-19.52	-37.56	-34.73	-49.47
Depreciation & Amortization	1.35	2.61	2.66	3.19	9.26
Loss (Gain) From Sale of Assets	-	-	-0.08	-0.21	0.09
Asset Writedown & Restructuring Costs	-	-	-	-	0.89
Loss (Gain) From Sale of Investments	0.03	0.1	0.37	0.33	0.74
Other Operating Activities	23.83	16.7	33.28	19.19	-55.02
Change in Accounts Receivable	10.26	-2.49	-5.48	17.55	-13.51
Change in Inventory	-	0.06	0.08	0.47	0.78
Change in Accounts Payable	12.69	-15.85	13.65	-12.79	2.86
Operating Cash Flow	32.08	-18.4	6.91	-7.01	-103.39
Capital Expenditures	-0.26	-0.37	-0.26	-0.15	-0.51
Sale of Property, Plant & Equipment	-	-	0.08	0.01	-
Divestitures	-0.2	-0.21	-	-0.47	-0.08
Other Investing Activities	0.01	0.02	0.02	0.08	0.06
Investing Cash Flow	-0.44	-0.55	-0.16	-0.53	-0.53
Long-Term Debt Issued	-	-	-	-	16.8
Long-Term Debt Repaid	-1.03	-2.23	-2.15	-6.25	-8.01
Net Debt Issued (Repaid)	-1.03	-2.23	-2.15	-6.25	8.79
Other Financing Activities	-5.18	3.95	-12.25	-4.84	-4.97
Financing Cash Flow	-6.2	1.72	-14.4	-11.09	3.82
Foreign Exchange Rate Adjustments	-0.03	0.04	0.09	1.17	-1.75
Net Cash Flow	25.41	-17.19	-7.56	-17.45	-101.85
Free Cash Flow	31.83	-18.76	6.65	-7.15	-103.9
Free Cash Flow Margin	16.57%	-10.38%	2.93%	-3.33%	-90.97%
Free Cash Flow Per Share	0.02	-0.01	0.00	-0.00	-0.06
Cash Interest Paid	0.05	0.25	12.25	4.84	4.97
Levered Free Cash Flow	12.5	-16.53	-14.91	-15.47	28.4
Unlevered Free Cash Flow	23.7	-8.49	4.22	2.04	41.92
Change in Working Capital	22.96	-18.28	8.24	5.22	-9.88