HKG:1265 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	-44.26	-46.33	-155.17	-68.35	1.43
Depreciation & Amortization	71.15	67.49	69.77	62.09	61.31
Other Amortization	7.23	0.23	0.16	0.18	0.16
Loss (Gain) on Sale of Assets	-	-	-	-0	-
Asset Writedown	1.69	1.32	87.35	1.87	0.7
Change in Accounts Receivable	-143.16	30.78	117.98	-177.77	3.11
Change in Inventory	0.7	0.36	2.24	0.38	1.3
Change in Accounts Payable	27.25	-123.68	-169.91	261.48	23.49
Change in Unearned Revenue	1.18	-6.41	-4.52	-9.05	-2.43
Other Operating Activities	1.2	0.62	0.42	-11.99	-18.51
Operating Cash Flow	-75.22	-77.19	-62.64	30.83	75.66
Operating Cash Flow Growth	-	-	-	-59.26%	3.11%
Capital Expenditures	-38.97	-17.52	-128.71	-120.94	-106.73
Sale of Property, Plant & Equipment	0.2	0.02	0.07	0.81	0
Investment in Securities	-61	-	13.5	110	540
Other Investing Activities	-0.02	-	3.19	6.77	20.27
Investing Cash Flow	-99.79	-17.5	-111.94	-3.36	453.55
Common Dividends Paid	-	-	-	-	-92.01
Other Financing Activities	-0.73	-	-	-	-
Financing Cash Flow	-0.73	-	-	-	-92.01
Net Cash Flow	-175.73	-94.68	-174.58	27.46	437.2
Free Cash Flow	-114.19	-94.7	-191.35	-90.12	-31.07
Free Cash Flow Margin	-7.17%	-5.94%	-10.75%	-5.06%	-1.97%
Free Cash Flow Per Share	-0.06	-0.05	-0.10	-0.05	-0.02
Cash Income Tax Paid	2.42	5.67	4.19	17.91	63.74
Levered Free Cash Flow	-183.65	-66.03	-178.71	-77.57	-73.38
Unlevered Free Cash Flow	-183.61	-65.97	-178.67	-77.57	-73.18
Change in Working Capital	-114.22	-100.59	-64.48	50.59	27.29