China First Capital Group 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	-393.18	-347.17	-420.74	-968.23
Depreciation & Amortization	69.38	62.12	67.97	76.34
Other Amortization	3.54	1.97	1.37	-
Loss (Gain) From Sale of Assets	-0.94	0.03	14.68	4.48
Asset Writedown & Restructuring Costs	30.45	-	-	379.1
Loss (Gain) From Sale of Investments	31.45	30.47	36.29	193.72
Loss (Gain) on Equity Investments	-1.78	60.22	23.34	-6.5
Provision & Write-off of Bad Debts	182.52	247.48	16.19	100.95
Other Operating Activities	227.32	96.16	326.22	9.04
Change in Accounts Receivable	-658.26	-367.5	57.21	28.08
Change in Inventory	-28.31	-4.62	-82.18	25.6
Change in Accounts Payable	371.95	68.11	80.8	289.7
Change in Unearned Revenue	-6.63	39.23	-8.66	-333.67
Change in Other Net Operating Assets	-7.08	-16.02	-56.94	29.19
Operating Cash Flow	-179.57	-129.53	55.54	-57.42
Capital Expenditures	-98.51	-37.84	-49.6	-16.28
Sale of Property, Plant & Equipment	-	0.61	-	-
Divestitures	-6.42	-	3.44	1.68
Sale (Purchase) of Intangibles	-4.4	-2.82	-0.37	-
Investment in Securities	10.58	24.23	129.03	58.21
Other Investing Activities	24.02	6.89	16.72	97.34
Investing Cash Flow	-37.52	-46.14	99.22	140.95
Long-Term Debt Issued	837.53	552.23	595.25	700.75
Total Debt Issued	837.53	552.23	595.25	700.75
Short-Term Debt Repaid	-	-	-25.77	-
Long-Term Debt Repaid	-623.34	-337.18	-749.5	-720.71
Total Debt Repaid	-623.34	-337.18	-775.27	-720.71
Net Debt Issued (Repaid)	214.19	215.05	-180.02	-19.96
Issuance of Common Stock	-	-	-	51.43
Other Financing Activities	-20.47	-30.05	-44.69	-112.05
Financing Cash Flow	193.72	185	-224.72	-80.57
Foreign Exchange Rate Adjustments	-0.86	0.92	3.23	-0.93
Net Cash Flow	-24.23	10.25	-66.73	2.04
Free Cash Flow	-278.08	-167.37	5.94	-73.7
Free Cash Flow Margin	-12.71%	-9.13%	0.50%	-6.74%
Free Cash Flow Per Share	-0.15	-0.09	0.00	-0.07
Cash Interest Paid	20.47	30.05	44.69	101.54
Cash Income Tax Paid	0.36	30.1	-5.92	-8.18
Levered Free Cash Flow	-313.2	-152.43	-36.11	-34.83
Unlevered Free Cash Flow	-166.91	-51.77	87.82	88.57
Change in Working Capital	-328.32	-280.8	-9.78	123.97

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