HKG:1579 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	853.96	739.43	852.7	741.99	766.2
Depreciation & Amortization	225.45	199.36	182.22	158.87	117
Other Amortization	4.33	6.22	6.49	6.72	6.21
Loss (Gain) From Sale of Assets	1.75	-0.13	4.75	7.29	3.07
Loss (Gain) From Sale of Investments	-12.91	-13.89	-8	-9.8	-63.94
Stock-Based Compensation	-	1.38	0.16	-	-
Provision & Write-off of Bad Debts	-	-	-	-0.02	0.14
Other Operating Activities	84.08	58.17	38.82	71.35	77.8
Change in Accounts Receivable	-3.38	-59.26	-112.78	193.64	-115.96
Change in Inventory	-60.31	-98.75	14.48	5.26	2.57
Change in Accounts Payable	-106.54	85.17	-19.84	96.53	36.41
Operating Cash Flow	986.44	917.71	959	1,272	829.49
Operating Cash Flow Growth	7.49%	-4.30%	-24.60%	53.33%	-30.80%
Capital Expenditures	-319.94	-252.64	-299.35	-413.55	-632.03
Sale of Property, Plant & Equipment	2.44	5.87	2.39	1.94	1.72
Sale (Purchase) of Intangibles	-1.78	-4.51	-1.61	-3.42	-5.02
Investment in Securities	284.88	127.05	158.19	-157	-310.47
Other Investing Activities	7.09	-23.44	-13.4	-1	23.75
Investing Cash Flow	-27.32	-147.67	-153.78	-573.03	-922.06
Long-Term Debt Repaid	-34.73	-35.94	-29.14	-32.08	-46.03
Total Debt Repaid	-34.73	-35.94	-29.14	-32.08	-46.03
Net Debt Issued (Repaid)	-34.73	-35.94	-29.14	-32.08	-46.03
Repurchase of Common Stock	-	-	-175.76	-	-
Common Dividends Paid	-655.55	-992.69	-179.31	-224.56	-243.53
Other Financing Activities	-40	-168	-	-160	-9.47
Financing Cash Flow	-730.28	-1,197	-384.21	-416.65	-299.03
Foreign Exchange Rate Adjustments	-26.17	-0.9	7.81	24.76	-21.72
Net Cash Flow	202.68	-427.49	428.83	306.91	-413.31
Free Cash Flow	666.49	665.07	659.65	858.28	197.46
Free Cash Flow Growth	0.21%	0.82%	-23.14%	334.66%	-77.38%
Free Cash Flow Margin	10.08%	10.17%	10.73%	13.96%	3.32%
Free Cash Flow Per Share	0.69	0.69	0.68	0.88	0.20
Cash Income Tax Paid	364.01	387.92	359.05	299.47	357.44
Levered Free Cash Flow	515.63	572.14	486.23	741.11	88.54
Unlevered Free Cash Flow	518.46	575.21	488.94	744.77	91.96
Change in Working Capital	-170.23	-72.84	-118.14	295.43	-76.98

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