HKG:1427 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	-165.55	10.99	-347.35	41.81
Depreciation & Amortization	6.6	7.95	9.74	10.41
Loss (Gain) From Sale of Assets	1.15	0.41	-0.11	-
Asset Writedown & Restructuring Costs	1.1	0.1	72.38	-
Loss (Gain) From Sale of Investments	2.91	20.29	115.53	36.82
Provision & Write-off of Bad Debts	66.61	-23.28	163.16	44.54
Other Operating Activities	87.87	75.7	10.78	32.82
Change in Accounts Receivable	-240.7	-339.69	318.69	-218.06
Change in Inventory	140.18	170.93	58.52	-318.7
Change in Accounts Payable	32.14	153.77	-377.58	152.7
Change in Other Net Operating Assets	103.72	-106.1	-189.56	66.28
Operating Cash Flow	36.01	-28.94	-165.79	-151.39
Capital Expenditures	-38.51	-1.7	-0.25	-4.23
Sale (Purchase) of Intangibles	-	-	-	-0.21
Investment in Securities	1.98	6.95	25.47	-65.35
Other Investing Activities	-26.58	11.09	22.01	-34.29
Investing Cash Flow	-63.11	16.34	47.23	-104.07
Short-Term Debt Issued	-	-	30	33.33
Long-Term Debt Issued	788.06	806.62	774.28	751.47
Total Debt Issued	788.06	806.62	804.28	784.8
Short-Term Debt Repaid	-30	-30	-	-1.6
Long-Term Debt Repaid	-1,194	-1,215	-898.88	-1,042
Total Debt Repaid	-1,224	-1,245	-898.88	-1,043
Net Debt Issued (Repaid)	-436.07	-437.94	-94.6	-258.62
Issuance of Common Stock	557.4	483	260	630.71
Other Financing Activities	-73.13	-71.46	-70.13	-57.09
Financing Cash Flow	48.2	-26.4	95.28	315
Foreign Exchange Rate Adjustments	4.69	3.95	-2.49	5.29
Net Cash Flow	25.8	-35.05	-25.77	64.83
Free Cash Flow	-2.5	-30.64	-166.04	-155.62
Free Cash Flow Margin	-0.12%	-1.13%	-8.63%	-5.37%
Free Cash Flow Per Share	-0.00	-0.04	-0.20	-0.20
Cash Interest Paid	73.13	71.46	70.13	57.09
Cash Income Tax Paid	6.2	18.5	34.59	20.64
Levered Free Cash Flow	-179.21	799.5	11.4	-171.55
Unlevered Free Cash Flow	-133.48	844.19	55.69	-135.3
Change in Working Capital	35.34	-121.1	-189.93	-317.79

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