HKG:1471 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	46.66	40.37	37.78	27.05
Depreciation & Amortization	1.2	2.17	1.33	0.71
Other Amortization	-	0.14	0.29	0.29
Asset Writedown & Restructuring Costs	-0.01	0.03	0.04	-0.01
Loss (Gain) From Sale of Investments	-0.41	-	-3.04	-5.76
Other Operating Activities	-7.1	-7.39	-3.78	-0.07
Change in Accounts Receivable	-11.15	-9.71	-9.19	-1.24
Change in Accounts Payable	5.72	-6.24	3.98	3.85
Change in Unearned Revenue	-0.09	0.17	-1.11	2.11
Change in Other Net Operating Assets	-4.77	0.43	0.9	-2.33
Operating Cash Flow	30.05	19.98	27.2	24.59
Operating Cash Flow Growth	50.41%	-26.55%	10.64%	-
Capital Expenditures	-0.01	-0.2	-0.18	-0.18
Investment in Securities	-277.64	-130	-23.23	-150.86
Other Investing Activities	18.83	268.42	3.65	-
Investing Cash Flow	-258.83	138.22	-19.75	-151.04
Long-Term Debt Repaid	-3.27	-1.58	-1.84	-0.31
Net Debt Issued (Repaid)	-3.27	-1.58	-1.84	-0.31
Issuance of Common Stock	215.97	31.2	-	126.63
Other Financing Activities	-18.36	-7.73	-0.05	0.83
Financing Cash Flow	194.34	21.89	-1.89	127.15
Foreign Exchange Rate Adjustments	0.52	-	-	-
Net Cash Flow	-33.92	180.09	5.56	0.7
Free Cash Flow	30.04	19.78	27.03	24.41
Free Cash Flow Growth	51.84%	-26.80%	10.72%	-
Free Cash Flow Margin	14.59%	11.37%	18.21%	20.35%
Free Cash Flow Per Share	0.25	0.19	0.33	0.30
Cash Interest Paid	0.03	0.05	0.05	0.04
Cash Income Tax Paid	9.43	9.67	7.71	5.67
Levered Free Cash Flow	29.88	2.54	21.97	-
Unlevered Free Cash Flow	29.9	2.56	22.01	-
Change in Working Capital	-10.29	-15.34	-5.42	2.39

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