HKG:1543 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	42.18	38.4	42.58	81.99
Depreciation & Amortization	13.31	12.32	11.02	9.75
Other Amortization	6.38	4.93	3.34	2.25
Loss (Gain) From Sale of Assets	4.83	-0.03	-2.39	-0.03
Asset Writedown & Restructuring Costs	0.04	-	-	7.46
Loss (Gain) From Sale of Investments	4.51	28.36	0.09	-
Loss (Gain) on Equity Investments	6.96	15.67	9.93	3.02
Provision & Write-off of Bad Debts	0.03	5.69	0.05	-2.93
Other Operating Activities	46.16	88.27	117.49	66.92
Change in Accounts Receivable	-316.96	-222.24	-211.18	-135.18
Change in Other Net Operating Assets	-131.33	-29.85	-65.12	-219.32
Operating Cash Flow	-282.23	-34.17	-37.57	-156.17
Capital Expenditures	-33.42	-7.24	-8.39	-4.7
Sale of Property, Plant & Equipment	0.01	0	10.59	0.12
Cash Acquisitions	-	-	-210	-
Divestitures	-	0.19	-	-
Investment in Securities	3.9	-238.11	36.99	215.23
Other Investing Activities	-27.28	26.61	16.18	10.25
Investing Cash Flow	-56.79	-218.55	-154.63	220.89
Long-Term Debt Issued	359.49	209.99	536.44	349.26
Long-Term Debt Repaid	-214.73	-166.53	-208.51	-162.26
Net Debt Issued (Repaid)	144.76	43.46	327.93	187
Common Dividends Paid	-39.09	-67.51	-87.91	-108.51
Other Financing Activities	-40.83	265.25	4.71	-5.81
Financing Cash Flow	64.83	241.2	244.73	72.68
Foreign Exchange Rate Adjustments	0.21	0.1	9.65	-4.32
Net Cash Flow	-273.98	-11.42	62.18	133.08
Free Cash Flow	-315.65	-41.41	-45.95	-160.87
Free Cash Flow Margin	-81.53%	-11.84%	-13.26%	-43.59%
Free Cash Flow Per Share	-0.20	-0.03	-0.03	-0.10
Cash Interest Paid	33.97	27.74	19.66	8.15
Cash Income Tax Paid	57.04	72.15	34.57	41.76
Levered Free Cash Flow	-311.14	174.56	-84.19	-227.08
Unlevered Free Cash Flow	-293.78	197.41	-72.18	-212.98
Change in Working Capital	-448.29	-252.1	-276.3	-354.51

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