HKG:1084 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	62.17	-85.33	199.23	84.42
Depreciation & Amortization	46.77	45.47	48.33	41.63
Other Amortization	1.24	1.29	1.2	1.21
Loss (Gain) From Sale of Assets	0.1	0.18	0.17	0.92
Asset Writedown & Restructuring Costs	-	-	-	2.93
Loss (Gain) From Sale of Investments	-	-	-0.11	-0.09
Stock-Based Compensation	4.76	7.74	2.83	2.34
Provision & Write-off of Bad Debts	0.99	-3.17	0.38	2.86
Other Operating Activities	59.75	114.92	14.91	37.68
Change in Accounts Receivable	-23.19	84.17	-45.74	2.28
Change in Inventory	14.28	-21.21	-344.15	-127.82
Change in Accounts Payable	-29.2	-47.55	96.76	21.62
Change in Other Net Operating Assets	-8.95	-	-	-
Operating Cash Flow	128.71	96.52	-26.2	69.98
Operating Cash Flow Growth	33.35%	-	-	99.91%
Capital Expenditures	-46.22	-11.77	-43.2	-62.82
Sale of Property, Plant & Equipment	0.49	0.51	0.45	0.04
Cash Acquisitions	-	-	-	-47.37
Divestitures	-	1.2	-6.06	-
Sale (Purchase) of Intangibles	-1.77	-	-0.23	-0.33
Investment in Securities	-	-	4.63	-1.42
Other Investing Activities	3.72	3.1	0.13	0.16
Investing Cash Flow	-43.78	-6.96	-44.29	-111.75
Long-Term Debt Issued	780.3	982.79	881.49	760.34
Total Debt Issued	780.3	982.79	881.49	760.34
Long-Term Debt Repaid	-819.75	-967.87	-826.07	-686.72
Total Debt Repaid	-819.75	-967.87	-826.07	-686.72
Net Debt Issued (Repaid)	-39.45	14.92	55.42	73.62
Issuance of Common Stock	0.04	0.04	0.04	0.04
Repurchase of Common Stock	-	-0.44	-	-0.23
Common Dividends Paid	-	-22.43	-32.09	-26.35
Other Financing Activities	1.89	-47.29	-28.37	33.94
Financing Cash Flow	-37.52	-55.21	-5	81.02
Foreign Exchange Rate Adjustments	0.73	0.57	3.74	2.92
Net Cash Flow	48.13	34.93	-71.75	42.18
Free Cash Flow	82.49	84.75	-69.39	7.16
Free Cash Flow Growth	-2.67%	-	-	-
Free Cash Flow Margin	8.34%	7.22%	-4.92%	0.76%
Free Cash Flow Per Share	0.10	0.10	-0.08	0.01
Cash Interest Paid	30.49	36.61	25.76	18.98
Cash Income Tax Paid	7.46	28.23	58.75	-
Levered Free Cash Flow	29.36	101.11	-86.44	-43.38
Unlevered Free Cash Flow	48.03	124.47	-70.41	-32.71
Change in Working Capital	-47.07	15.41	-293.13	-103.92

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