HKG:1080 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	-42.56	-98.41	-33	-260.72
Depreciation & Amortization	24.59	23.41	43.68	106.18
Loss (Gain) From Sale of Assets	0.06	-0	-63.89	-47
Asset Writedown & Restructuring Costs	-	-	-	5.08
Loss (Gain) From Sale of Investments	-	38.02	52.86	193.58
Loss (Gain) on Equity Investments	-14.59	-11.77	-26.74	-1.82
Stock-Based Compensation	-	0.08	0.25	0.45
Provision & Write-off of Bad Debts	-0.82	1.24	-1.28	0.78
Other Operating Activities	10.26	-4.78	21.64	36.18
Change in Accounts Receivable	19.46	43.11	-74.54	-69.83
Change in Inventory	-4.13	-9.15	49.84	-29.14
Change in Accounts Payable	1.61	-7.76	-24.01	159.4
Change in Unearned Revenue	77.57	51.8	99.66	-117.3
Change in Other Net Operating Assets	-55.2	-52.46	10.46	62.63
Operating Cash Flow	16.24	-26.7	54.94	38.44
Operating Cash Flow Growth	-	-	42.90%	-67.97%
Capital Expenditures	-3.14	-8.01	-15.04	-44.21
Sale of Property, Plant & Equipment	0.07	0.05	0.07	59.88
Divestitures	-	-	-20.78	-
Investment in Securities	-	-	-	4.5
Other Investing Activities	12.07	20	-115.67	37.23
Investing Cash Flow	9	12.03	-151.42	57.39
Short-Term Debt Issued	-	-	-	60
Long-Term Debt Issued	183.65	401.18	452.31	722
Total Debt Issued	183.65	401.18	452.31	782
Short-Term Debt Repaid	-	-	-	-60
Long-Term Debt Repaid	-204.38	-393.85	-315.2	-812.89
Total Debt Repaid	-204.38	-393.85	-315.2	-872.89
Net Debt Issued (Repaid)	-20.73	7.32	137.11	-90.89
Issuance of Common Stock	-	-	-	50.5
Other Financing Activities	-14.11	-14.12	-16.03	-34.59
Financing Cash Flow	-34.84	-6.79	121.09	-74.98
Foreign Exchange Rate Adjustments	-	-	-0.14	0.3
Net Cash Flow	-9.6	-21.46	24.47	21.15
Free Cash Flow	13.11	-34.71	39.9	-5.77
Free Cash Flow Margin	2.30%	-5.86%	3.81%	-0.38%
Free Cash Flow Per Share	0.00	-0.01	0.01	-0.00
Cash Interest Paid	14.11	14.12	16.03	34.59
Levered Free Cash Flow	25.64	-33.24	117.32	35.92
Unlevered Free Cash Flow	34.31	-24.18	128.31	57.59
Change in Working Capital	39.31	25.53	61.41	5.75

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