HKG:1393 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	-634.36	-746.19	536.68	645.15
Depreciation & Amortization	303.94	273.22	371.49	170.41
Loss (Gain) From Sale of Assets	2.16	-28.55	120.87	79.97
Asset Writedown & Restructuring Costs	0.17	-	-	-
Loss (Gain) From Sale of Investments	-	0.08	24.24	-
Loss (Gain) on Equity Investments	38.82	225.73	41.68	57.15
Provision & Write-off of Bad Debts	6.99	6.8	3.09	61.36
Other Operating Activities	309.71	205.79	403.18	87.9
Change in Accounts Receivable	27.09	504.9	-506.67	-284.53
Change in Inventory	195.85	-195.25	35.42	-164.94
Change in Accounts Payable	-25.59	-175.99	-123.13	78.15
Change in Unearned Revenue	36.76	219.91	-23.42	-143.09
Change in Other Net Operating Assets	-31.76	115.92	-199.81	-90.28
Operating Cash Flow	229.79	406.36	683.61	497.23
Operating Cash Flow Growth	-43.45%	-40.56%	37.48%	-9.64%
Capital Expenditures	-176.65	-383.35	-393.87	-410.81
Sale of Property, Plant & Equipment	8.78	56.8	18.13	14.62
Investment in Securities	-	-24.73	-35.09	-
Other Investing Activities	17.13	15.57	10.22	8.36
Investing Cash Flow	-150.74	-335.71	-400.6	-387.82
Long-Term Debt Repaid	-70.73	-41.16	-152.89	-39.87
Total Debt Repaid	-70.73	-41.16	-152.89	-39.87
Net Debt Issued (Repaid)	-70.73	-41.16	-152.89	-39.87
Other Financing Activities	-32.89	-61.03	-66.47	-87.92
Financing Cash Flow	-103.62	-102.18	-219.36	-127.79
Net Cash Flow	-24.58	-31.53	63.65	-18.37
Free Cash Flow	53.13	23.01	289.74	86.43
Free Cash Flow Growth	130.89%	-92.06%	235.25%	-52.72%
Free Cash Flow Margin	2.44%	0.94%	6.76%	3.04%
Free Cash Flow Per Share	0.01	0.01	0.14	0.04
Cash Interest Paid	32.89	61.03	66.47	87.92
Cash Income Tax Paid	10.71	22.12	2.52	-
Levered Free Cash Flow	240.15	-519.86	-484.44	-218.87
Unlevered Free Cash Flow	414.77	-357.95	-330.37	-62.05
Change in Working Capital	202.36	469.49	-817.62	-604.69

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