HKG:1334 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-39.16	10.33	55.21	36.53	13.42
Depreciation & Amortization	10.96	11.16	9.88	7.04	6.92
Other Amortization	0.57	0.57	0.37	0.27	0.25
Loss (Gain) From Sale of Assets	0.02	0.02	0.02	0.36	0.13
Asset Writedown & Restructuring Costs	5.7	5.7	5.89	3.87	-3.37
Loss (Gain) From Sale of Investments	-0.16	-0.16	-	-	-
Loss (Gain) on Equity Investments	-0.07	-0.07	-0.06	-0.01	0
Other Operating Activities	-34.83	0.91	3.05	7.72	3.46
Change in Accounts Receivable	76.11	76.11	-35.8	-167.38	-50.95
Change in Inventory	14.7	14.7	-13.61	-7.8	-13.39
Change in Accounts Payable	5.08	5.08	22.55	20.2	46.12
Change in Unearned Revenue	-44.47	-44.47	-13.22	71.6	4.34
Change in Other Net Operating Assets	-25.11	-25.11	-27.87	28.62	-11.88
Operating Cash Flow	-30.67	54.76	6.41	1.03	-4.95
Operating Cash Flow Growth	-	754.99%	520.64%	-	-
Capital Expenditures	-25.26	-10.91	-4.77	-1.76	-4.54
Sale of Property, Plant & Equipment	0.14	0.16	0.03	0.01	0.01
Sale (Purchase) of Intangibles	-2.8	-2.87	-1.36	-0.22	-0.37
Investment in Securities	-10.9	-10.9	-	7	-24.66
Other Investing Activities	-10.08	-10.61	-7.98	0.24	0.29
Investing Cash Flow	-48.89	-35.13	-14.08	5.27	-29.27
Long-Term Debt Issued	-	135.36	122.85	66.71	59.75
Long-Term Debt Repaid	-	-154.76	-82.55	-53.86	-37
Net Debt Issued (Repaid)	61.11	-19.4	40.3	12.85	22.75
Issuance of Common Stock	99.87	99.87	-	-	24.41
Common Dividends Paid	-10.52	-10.1	-	-	-19.33
Other Financing Activities	0.16	-5.89	-8.36	-11.32	-8.54
Financing Cash Flow	150.62	64.48	31.95	1.53	19.28
Foreign Exchange Rate Adjustments	0	0.12	0	0.38	-0.04
Net Cash Flow	71.06	84.24	24.28	8.22	-14.99
Free Cash Flow	-55.93	43.85	1.64	-0.73	-9.5
Free Cash Flow Growth	-	2575.66%	-	-	-
Free Cash Flow Margin	-15.07%	9.87%	0.30%	-0.17%	-3.83%
Free Cash Flow Per Share	-0.11	0.10	0.00	-0.00	-0.02
Cash Interest Paid	5.82	6.19	5.92	3.75	3.29
Cash Income Tax Paid	4.62	8.81	14.57	3.36	3.76
Levered Free Cash Flow	-48.59	37.02	-23.22	-14.89	-
Unlevered Free Cash Flow	-44.95	40.89	-19.52	-12.55	-
Change in Working Capital	26.32	26.32	-67.95	-54.76	-25.76

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