HKG:1697 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	55.11	142.79	158.63	280.43	468.52
Depreciation & Amortization, Total	37.96	54.71	50.75	33.27	16.49
Gain (Loss) On Sale of Investments	199.75	-184.34	294.19	-2,748	56.88
Change in Accounts Receivable	80.73	-46.99	-82.74	75.96	-
Change in Accounts Payable	-141.43	-6.38	-74.38	-357.55	-
Change in Other Net Operating Assets	-86.38	-354.03	-1,282	46.67	-2,424
Other Operating Activities	46.66	55.2	73.53	119.04	12.7
Operating Cash Flow	-221.03	152.38	-1,329	-3,725	-1,732
Capital Expenditures	-21.19	-23.43	-29.34	-27.73	-21.52
Cash Acquisitions	10.62	2.84	7.45	271.57	-
Investment in Securities	-	-60.55	-541.14	-	889.65
Other Investing Activities	262.95	299.02	938.38	3,879	59.84
Investing Cash Flow	252.39	217.89	375.43	4,123	928.03
Short-Term Debt Issued	-	980	972.5	2,000	1,600
Total Debt Issued	-	980	972.5	2,000	1,600
Short-Term Debt Repaid	-280	-972.5	-2,000	-1,600	-100
Long-Term Debt Repaid	-	-	-	-	-2.3
Total Debt Repaid	-280	-972.5	-2,000	-1,600	-102.3
Net Debt Issued (Repaid)	-280	7.5	-1,028	400	1,498
Common Dividends Paid	-42.22	-46.99	-54.2	-113.29	-
Other Financing Activities	-25.06	-23	-36.41	-30.45	-76.54
Financing Cash Flow	-347.29	-62.5	-1,118	256.26	1,421
Foreign Exchange Rate Adjustments	-	-	-	-	-0.18
Net Cash Flow	-315.93	307.77	-2,072	653.99	617.06
Free Cash Flow	-242.22	128.95	-1,358	-3,753	-1,753
Free Cash Flow Margin	-36.53%	15.74%	-134.13%	-355.54%	-308.64%
Free Cash Flow Per Share	-0.05	0.03	-0.29	-0.81	-0.38
Cash Interest Paid	0.07	0.28	0.56	11.38	481.65
Cash Income Tax Paid	64	176.09	430.03	183.94	145.57

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