HKG:1527 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	84.64	42.71	53.61	20.61
Depreciation & Amortization	5.38	3.69	7.42	7.64
Other Amortization	0.29	0.3	0.3	0.26
Loss (Gain) From Sale of Assets	3.22	-0.78	-116.34	-
Loss (Gain) From Sale of Investments	-0.17	0.67	-0.81	6.72
Loss (Gain) on Equity Investments	9.85	10.89	21.89	2.88
Provision & Write-off of Bad Debts	18.24	6.87	12.55	6.22
Other Operating Activities	-1.86	-1.07	18.98	-4.32
Change in Accounts Receivable	-71.55	108.13	118.01	-17.51
Change in Inventory	8.09	-83.57	30.08	-94.74
Change in Accounts Payable	8.15	-5.67	-127.01	61.9
Change in Unearned Revenue	140.66	188.26	90.42	17.2
Change in Other Net Operating Assets	22.67	-17.45	-41.9	-19.9
Operating Cash Flow	227.61	252.97	67.21	-13.04
Operating Cash Flow Growth	-10.03%	276.40%	-	-
Capital Expenditures	-1.99	-40.65	-5.53	-19.67
Sale of Property, Plant & Equipment	1.15	2.43	205.69	5.18
Sale (Purchase) of Intangibles	-	-	-	-0.12
Sale (Purchase) of Real Estate	-	-5.95	-	-
Investment in Securities	-	-6.42	-	-68
Other Investing Activities	-20	-14.36	15.13	0.6
Investing Cash Flow	-20.84	-64.94	215.29	-82.01
Short-Term Debt Issued	65	115	101.5	106.5
Total Debt Issued	65	115	101.5	106.5
Short-Term Debt Repaid	-65	-85	-153	-106.5
Total Debt Repaid	-65	-85	-153	-106.5
Net Debt Issued (Repaid)	-	30	-51.5	-
Common Dividends Paid	-	-6.75	-	-
Financing Cash Flow	-	23.25	-51.5	-
Foreign Exchange Rate Adjustments	0.22	0.83	0.68	-0.13
Net Cash Flow	206.98	212.1	231.67	-95.18
Free Cash Flow	225.61	212.32	61.68	-32.7
Free Cash Flow Growth	6.26%	244.24%	-	-
Free Cash Flow Margin	30.29%	34.24%	13.05%	-4.29%
Free Cash Flow Per Share	1.67	1.57	0.46	-0.24
Cash Interest Paid	8.96	9.89	7.67	6.44
Cash Income Tax Paid	22.61	17.28	2.63	8.75
Levered Free Cash Flow	191.57	230.36	99.92	-35.89
Unlevered Free Cash Flow	197.17	236.54	104.71	-31.87
Change in Working Capital	108.02	189.69	69.61	-53.05

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