HKG:1072 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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Jan '21 Jan 1, 2021
Net Income	3,264	2,922	3,550	2,858	2,289	1,862
Depreciation & Amortization	1,067	1,067	875.35	885.49	896.95	968.15
Other Amortization	48.89	48.89	0.76	0.67	0.47	49.46
Loss (Gain) From Sale of Assets	-16.45	-16.45	-9.77	-50.19	-271.94	-7.08
Asset Writedown & Restructuring Costs	5.55	5.55	7.29	3.98	8.45	9.05
Loss (Gain) From Sale of Investments	-1,321	-1,321	-812.39	-360.2	-634.55	-136.48
Provision & Write-off of Bad Debts	405.08	405.08	56.14	205.6	347.59	35.56
Other Operating Activities	-9,094	995.37	354.09	245.55	662.12	577.06
Change in Accounts Receivable	3,151	3,151	-7,894	-2,445	-2,698	-3,143
Change in Inventory	-3,549	-3,549	660.88	607.31	-3,453	-2,468
Change in Accounts Payable	6,097	6,097	-661.11	6,677	-1,423	-385.04
Operating Cash Flow	311.67	10,059	-3,496	8,409	-4,421	-2,749
Operating Cash Flow Growth	-94.44%	-	-	-	-	-
Capital Expenditures	-3,522	-2,999	-1,110	-748.21	-717.61	-541.17
Sale of Property, Plant & Equipment	0.69	1.15	9.2	27.17	182.21	6.66
Cash Acquisitions	492.57	492.57	-	-	-	-
Investment in Securities	7,785	-388.3	7,041	-12,635	-2,669	-318.95
Other Investing Activities	165.86	120	115.24	169.62	151.17	173.18
Investing Cash Flow	4,921	-2,774	6,055	-13,186	-3,053	-680.28
Long-Term Debt Issued	-	2,666	925.44	544.16	1,147	435.98
Long-Term Debt Repaid	-	-452.76	-821.98	-244.07	-686.09	-45.52
Net Debt Issued (Repaid)	4,188	2,213	103.46	300.09	460.76	390.46
Issuance of Common Stock	5,098	-	-	-	-	6.36
Common Dividends Paid	-1,427	-1,531	-1,090	-757.36	-545.05	-667.79
Other Financing Activities	132.9	406.56	489.1	339.33	-293.96	-183.28
Financing Cash Flow	7,991	1,089	-497.1	-117.94	-378.26	-454.24
Foreign Exchange Rate Adjustments	-6.98	-39.29	-18.6	685.31	-101.66	-311.3
Net Cash Flow	13,217	8,335	2,043	-4,210	-7,954	-4,195
Free Cash Flow	-3,211	7,060	-4,606	7,660	-5,139	-3,290
Free Cash Flow Margin	-4.21%	10.29%	-7.73%	14.14%	-10.99%	-9.08%
Free Cash Flow Per Share	-0.99	2.26	-1.48	2.46	-1.64	-1.06
Cash Interest Paid	1.69	1.3	1.1	1.47	1.51	1.24
Cash Income Tax Paid	3,368	2,753	1,906	1,869	1,283	1,199
Levered Free Cash Flow	-1,924	8,692	1,731	8,135	-4,190	2,023
Unlevered Free Cash Flow	-1,849	8,759	1,791	8,249	-4,100	2,107
Change in Working Capital	5,657	5,657	-7,859	4,846	-7,726	-6,081

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.