HKG:1587 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	57.62	43.69	20.26	47.66	86.06
Depreciation & Amortization	1.51	3.02	2.82	3.84	3.98
Other Amortization	0	0.06	0.14	0.01	0.01
Loss (Gain) From Sale of Assets	-	-	1.7	-	0.99
Loss (Gain) From Sale of Investments	-25.85	-	-	-	-
Loss (Gain) on Equity Investments	-0.65	-2.53	-2.87	-5.56	-6.19
Provision & Write-off of Bad Debts	0.14	0.07	11.03	-0.38	-0.44
Other Operating Activities	5.76	3.03	-3.33	2.12	-10.1
Change in Accounts Receivable	14.05	-17.29	-12.09	73.95	-68.66
Change in Inventory	8.77	5.85	34.54	-34.12	-8.35
Change in Accounts Payable	-1.29	-0.29	-20.01	-1.26	5.69
Change in Unearned Revenue	1.2	-	-	-	-
Change in Other Net Operating Assets	-4.48	3.43	18.75	8.1	-18.27
Operating Cash Flow	56.76	39.03	50.95	94.36	-15.28
Operating Cash Flow Growth	45.43%	-23.39%	-46.01%	-	-
Capital Expenditures	-39.61	-48.39	-57.63	-0.85	-0.74
Sale of Property, Plant & Equipment	0.03	0	-	-	-
Sale (Purchase) of Intangibles	-	-0.01	-0.2	-0	-0
Sale (Purchase) of Real Estate	-	-	-	-32.37	-
Investment in Securities	-	-	-30	-	-78.79
Other Investing Activities	-	0.31	-	-0.21	-
Investing Cash Flow	-39.58	-48.08	-87.83	-33.43	-79.53
Short-Term Debt Issued	-	-	-	-	20
Long-Term Debt Issued	55.49	69.01	44.71	20	-
Total Debt Issued	55.49	69.01	44.71	20	20
Long-Term Debt Repaid	-53.37	-22.41	-22.19	-23.27	-3.57
Total Debt Repaid	-53.37	-22.41	-22.19	-23.27	-3.57
Net Debt Issued (Repaid)	2.13	46.6	22.52	-3.27	16.43
Common Dividends Paid	-14.1	-9.29	-9.12	-13.14	-8.49
Other Financing Activities	-2.52	-2.17	-1.2	-0.26	-0.66
Financing Cash Flow	-14.5	35.14	12.2	-16.67	7.29
Foreign Exchange Rate Adjustments	-1.05	1.59	-0.02	3.09	-0.99
Net Cash Flow	1.64	27.67	-24.7	47.34	-88.51
Free Cash Flow	17.15	-9.36	-6.69	93.51	-16.02
Free Cash Flow Margin	2.63%	-1.41%	-0.98%	12.84%	-1.85%
Free Cash Flow Per Share	0.03	-0.01	-0.01	0.14	-0.02
Cash Interest Paid	2.59	2.3	1.36	0.56	1.06
Cash Income Tax Paid	18.95	15.82	17.29	17.25	19.79
Levered Free Cash Flow	-24.44	10	19.62	89.83	-32.3
Unlevered Free Cash Flow	-24.16	10.42	20.46	90.18	-31.64
Change in Working Capital	18.24	-8.3	21.2	46.66	-89.59

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