HKG:1114 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	3,101	7,735	7,147	11,961
Depreciation & Amortization	162.5	72.32	75.06	241.33
Other Amortization	26	12.29	11.41	70.72
Loss (Gain) From Sale of Assets	7.94	4.54	-766.43	2.54
Asset Writedown & Restructuring Costs	1.29	-	0	2,029
Loss (Gain) From Sale of Investments	2.57	-	-4,896	-
Loss (Gain) on Equity Investments	-4,361	-7,798	-8,924	-14,396
Provision & Write-off of Bad Debts	4.27	0.42	5.62	24.24
Other Operating Activities	-235.92	136.87	7,737	-422.19
Change in Accounts Receivable	-50.64	-66.01	-1.97	475.04
Change in Inventory	48.12	38.07	23.73	125.57
Change in Accounts Payable	-36.9	-69.55	-67.89	-371.97
Change in Other Net Operating Assets	1,061	-1,115	929.59	1,860
Operating Cash Flow	-214.21	-998.55	1,297	1,606
Operating Cash Flow Growth	-	-	-19.24%	-
Capital Expenditures	-142.54	-25.79	-34.29	-219.75
Sale of Property, Plant & Equipment	0.07	0.86	1.66	0.81
Cash Acquisitions	-1,003	-	-	-
Investment in Securities	1.56	-282.56	20,654	1,269
Other Investing Activities	9,788	12,340	7,674	38.69
Investing Cash Flow	8,644	12,033	28,296	1,089
Short-Term Debt Issued	-	-	-	729.44
Long-Term Debt Issued	790	1,692	877	1,362
Total Debt Issued	790	1,692	877	2,092
Short-Term Debt Repaid	-	-	-	-1,788
Long-Term Debt Repaid	-1,404	-1,147	-3,053	-4,151
Total Debt Repaid	-1,404	-1,147	-3,053	-5,939
Net Debt Issued (Repaid)	-614.08	544.79	-2,176	-3,847
Other Financing Activities	-915.84	-446.55	-2.53	179.98
Financing Cash Flow	-28,741	-8,652	-2,178	-3,667
Miscellaneous Cash Flow Adjustments	4.61	-	-	-
Net Cash Flow	-20,306	2,383	27,414	-972.52
Free Cash Flow	-356.74	-1,024	1,263	1,386
Free Cash Flow Growth	-	-	-8.91%	-
Free Cash Flow Margin	-32.55%	-91.34%	111.66%	64.71%
Free Cash Flow Per Share	-0.07	-0.20	0.25	0.28
Cash Interest Paid	3.68	1.52	15.75	132.33
Cash Income Tax Paid	1,474	533.76	-14.78	30.33
Levered Free Cash Flow	730.59	217.63	-9,358	3,165
Unlevered Free Cash Flow	732.89	218.72	-9,350	3,244
Change in Working Capital	1,021	-1,212	883.46	2,089

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