HKG:1641 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	76.32	82.88	75.31	79.11
Depreciation & Amortization	51.43	44.34	33.17	35.08
Loss (Gain) From Sale of Assets	0.01	0.08	-0.64	-0.02
Asset Writedown & Restructuring Costs	-	-	0.8	-
Loss (Gain) From Sale of Investments	0.46	-1.22	1.95	0.64
Other Operating Activities	0.65	-2.26	1.59	-4.44
Change in Accounts Receivable	-9	-2.84	3.34	-2.94
Change in Inventory	-0.02	0.34	-0.16	25.04
Change in Accounts Payable	0.16	0.14	0.32	-0.37
Change in Other Net Operating Assets	7.4	17.91	-1.74	182.74
Operating Cash Flow	127.39	139.36	113.93	314.84
Operating Cash Flow Growth	-8.59%	22.33%	-63.81%	-
Capital Expenditures	-1.96	-124.45	-233.06	-95.26
Sale of Property, Plant & Equipment	0.2	0.08	1.31	0.06
Sale (Purchase) of Intangibles	-	-0.44	-	-
Investment in Securities	-	39.55	-10.53	-100
Other Investing Activities	-	12.68	2.41	2.24
Investing Cash Flow	-1.76	-72.59	-239.87	-192.96
Long-Term Debt Issued	-	52.55	155.8	92.11
Long-Term Debt Repaid	-4.17	-	-	-176.11
Net Debt Issued (Repaid)	-4.17	52.55	155.8	-84
Common Dividends Paid	-45.32	-134.68	-30	-30
Other Financing Activities	-18.34	-4.78	-0.74	-3.09
Financing Cash Flow	-67.83	-86.91	125.06	-117.09
Net Cash Flow	57.81	-20.13	-0.88	4.8
Free Cash Flow	125.44	14.91	-119.13	219.58
Free Cash Flow Growth	741.20%	-	-	-
Free Cash Flow Margin	53.04%	6.38%	-59.05%	92.75%
Free Cash Flow Per Share	1.67	0.20	-1.59	2.93
Cash Interest Paid	4.21	4.78	0.74	3.09
Cash Income Tax Paid	27.12	25.41	23.39	28.21
Levered Free Cash Flow	65.68	-97.73	17.21	-
Unlevered Free Cash Flow	68.3	-97	17.21	-
Change in Working Capital	-1.47	15.54	1.75	204.47