HKG:1518 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	47.38	84.16	-297.73	-101.46
Depreciation & Amortization	49.8	57.69	67.79	84.6
Other Amortization	1.9	2.3	2.46	2.02
Loss (Gain) From Sale of Assets	-	-	-0.07	-3.16
Asset Writedown & Restructuring Costs	-	23.56	155.7	15.01
Loss (Gain) From Sale of Investments	-	-	7.86	-
Loss (Gain) on Equity Investments	-2.27	0.08	0.03	0.7
Provision & Write-off of Bad Debts	5.8	8.87	126.64	7.58
Other Operating Activities	38.38	36.36	-20.07	15.46
Change in Accounts Receivable	1.33	-18.61	0.95	-11.98
Change in Inventory	6.61	2.62	-7.45	-1.56
Change in Accounts Payable	-25.25	-30.23	48.54	18.03
Change in Unearned Revenue	-4.26	8.05	-10.92	-2.78
Change in Other Net Operating Assets	16.49	-15.93	2.56	-0.22
Operating Cash Flow	135.92	158.92	76.28	22.26
Operating Cash Flow Growth	-14.47%	108.34%	242.75%	-
Capital Expenditures	-21.58	-9.49	-9.66	-11.23
Sale of Property, Plant & Equipment	0.33	0.46	0.6	0.26
Divestitures	-	-	5.16	-
Sale (Purchase) of Intangibles	-0.23	-1.23	-0.47	-1.92
Investment in Securities	-	-	-18.7	-
Other Investing Activities	0.46	1.63	-	-2.85
Investing Cash Flow	-21.03	-8.64	-23.07	-15.74
Short-Term Debt Issued	-	1.9	1.99	-
Total Debt Issued	-	1.9	1.99	-
Short-Term Debt Repaid	-1.9	-1.98	-1.94	-
Long-Term Debt Repaid	-25.85	-29.79	-25.25	-37.2
Total Debt Repaid	-27.74	-31.77	-27.19	-37.2
Net Debt Issued (Repaid)	-27.74	-29.88	-25.2	-37.2
Repurchase of Common Stock	-	-	-0.11	-0
Common Dividends Paid	-16.61	-1.66	-	-
Other Financing Activities	-20.83	-41.54	-31.95	-42.64
Financing Cash Flow	-65.18	-73.07	-57.26	-79.84
Foreign Exchange Rate Adjustments	0.5	1.02	6.28	-2.04
Net Cash Flow	50.21	78.23	2.24	-75.37
Free Cash Flow	114.33	149.43	66.63	11.02
Free Cash Flow Growth	-23.49%	124.28%	504.42%	-
Free Cash Flow Margin	13.51%	16.01%	10.47%	1.74%
Free Cash Flow Per Share	0.24	0.31	0.14	0.02
Cash Interest Paid	7.44	8.25	7.03	10.22
Cash Income Tax Paid	57.39	45.19	24.75	32.28
Levered Free Cash Flow	100.61	126.26	144	44.47
Unlevered Free Cash Flow	105.36	131.29	150.29	53.16
Change in Working Capital	-5.07	-54.09	33.68	1.5

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