HKG:1617 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	39.94	5.2	-8.1	-59.89
Depreciation & Amortization	7.8	12.17	12.55	4.62
Loss (Gain) From Sale of Assets	0.29	0.02	0.01	-
Loss (Gain) From Sale of Investments	-7.16	13.03	-	-1.42
Loss (Gain) on Equity Investments	-12.42	-16.44	-20.73	-4.66
Stock-Based Compensation	-	-	0.74	14.93
Provision & Write-off of Bad Debts	1.37	2.45	1.25	3.08
Other Operating Activities	2.74	-12.66	-8.84	-21.99
Change in Accounts Receivable	-49.82	46.7	-58.53	-2.13
Change in Inventory	5.91	25.77	-13.74	-9.82
Change in Accounts Payable	4.5	-67.09	106.18	-7.97
Change in Unearned Revenue	-1.34	0.67	2.09	0.45
Operating Cash Flow	-8.19	9.82	12.89	-84.79
Operating Cash Flow Growth	-	-23.76%	-	-
Capital Expenditures	-62.56	-77.93	-28.09	-2.06
Sale of Property, Plant & Equipment	2.03	-	0.08	-
Investment in Securities	-20	62.54	82.18	106.47
Other Investing Activities	2.57	22.18	-108.71	5.27
Investing Cash Flow	-77.95	6.78	-54.54	109.68
Short-Term Debt Issued	-	-	0.49	15.74
Long-Term Debt Issued	330	200	161.2	230
Total Debt Issued	330	200	161.69	245.74
Short-Term Debt Repaid	-0.6	-20.62	-24.78	-5
Long-Term Debt Repaid	-280.21	-168.38	-139.98	-147.51
Total Debt Repaid	-280.81	-188.99	-164.76	-152.51
Net Debt Issued (Repaid)	49.19	11.01	-3.07	93.23
Issuance of Common Stock	-	-	13.1	56.06
Other Financing Activities	-9.73	-10.59	-6.63	-8.61
Financing Cash Flow	39.46	0.41	3.4	140.69
Foreign Exchange Rate Adjustments	-	0.82	2.55	-0.72
Net Cash Flow	-46.68	17.84	-35.71	164.86
Free Cash Flow	-70.75	-68.11	-15.21	-86.85
Free Cash Flow Margin	-13.15%	-13.04%	-2.40%	-19.81%
Free Cash Flow Per Share	-0.04	-0.04	-0.01	-0.07
Cash Interest Paid	9.73	10.59	6.63	8.61
Cash Income Tax Paid	0.94	1.06	0.69	6.68
Levered Free Cash Flow	-198.3	-56.45	-99.53	-65.16
Unlevered Free Cash Flow	-194.55	-50.65	-94.73	-59.78
Change in Working Capital	-40.75	6.06	36	-19.47

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