HKG:1349 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	39.73	108.63	138	213.3
Depreciation & Amortization	61.41	59.93	80.97	60.85
Other Amortization	20.81	2.3	1.22	0.96
Loss (Gain) From Sale of Assets	-0.03	-0.3	-1.92	-1.78
Asset Writedown & Restructuring Costs	4.42	5.78	1.01	0.35
Loss (Gain) From Sale of Investments	10.41	4.35	1.28	-20.76
Stock-Based Compensation	-	-1.84	7.69	64.97
Provision & Write-off of Bad Debts	-8.95	23.9	-2.41	5.78
Other Operating Activities	2.51	6.23	-0.28	-6.13
Change in Accounts Receivable	114.05	-10.47	-89.73	-95.37
Change in Inventory	-5.86	-6.57	-5.84	0.32
Change in Accounts Payable	-236.31	-74.05	48.72	72.56
Change in Unearned Revenue	13.69	-31.89	-6.76	-9.89
Operating Cash Flow	-16.51	71.02	165.27	268.9
Operating Cash Flow Growth	-	-57.03%	-38.54%	137.96%
Capital Expenditures	-42.67	-98.97	-87.3	-120.12
Sale of Property, Plant & Equipment	0.64	0.68	1.44	1.71
Divestitures	-	-	-	6.34
Investment in Securities	18.15	52.91	-10.88	-243.6
Other Investing Activities	1.74	-	-	-
Investing Cash Flow	-22.14	-45.38	-96.75	-355.67
Short-Term Debt Issued	-	-	101	-
Total Debt Issued	-	-	101	-
Long-Term Debt Repaid	-7.93	-109.38	-9.52	-7.5
Total Debt Repaid	-7.93	-109.38	-9.52	-7.5
Net Debt Issued (Repaid)	-7.93	-109.38	91.48	-7.5
Issuance of Common Stock	-	66.86	-	-
Repurchase of Common Stock	-	-	-8.7	-40.82
Common Dividends Paid	-93.29	-76.15	-71.04	-52.15
Other Financing Activities	-0.05	-0.31	-0.14	-0.69
Financing Cash Flow	-101.27	-118.98	11.61	-101.16
Foreign Exchange Rate Adjustments	0.32	-0.07	0.29	-0.07
Net Cash Flow	-139.61	-93.41	80.42	-188.01
Free Cash Flow	-59.18	-27.95	77.96	148.78
Free Cash Flow Growth	-	-	-47.60%	110.76%
Free Cash Flow Margin	-8.34%	-3.29%	7.56%	13.05%
Free Cash Flow Per Share	-0.06	-0.03	0.08	0.14
Cash Income Tax Paid	49.21	33.53	68.66	68.12
Levered Free Cash Flow	-96.46	18.64	86.7	116.02
Unlevered Free Cash Flow	-96.09	20.56	87.67	116.68
Change in Working Capital	-146.83	-137.96	-60.29	-48.63

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.