HKG:1720 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	18.48	7.65	24.68	44
Depreciation & Amortization	43.77	43.28	34.89	22.79
Loss (Gain) From Sale of Assets	-0.98	-	-	-
Loss (Gain) on Equity Investments	0.06	-	-	-
Provision & Write-off of Bad Debts	10.18	12.13	0.75	-1.16
Other Operating Activities	16.46	9.64	20.57	8.3
Change in Accounts Receivable	-79.8	-74.85	-109.34	-24.65
Change in Inventory	-6.95	19.42	3.67	-16.56
Change in Accounts Payable	11.59	-0.84	69.26	42.62
Change in Unearned Revenue	-14.55	14.84	13.8	-1
Change in Other Net Operating Assets	62.87	-48.12	-34.26	8.26
Operating Cash Flow	61.13	-16.85	24.02	82.61
Operating Cash Flow Growth	-	-	-70.92%	49.50%
Capital Expenditures	-13.14	-20.09	-69.98	-106.8
Sale of Property, Plant & Equipment	3.39	-	-	-
Divestitures	-0.43	-	-	-
Other Investing Activities	0.33	0.65	0.45	0.78
Investing Cash Flow	-9.86	-19.45	-69.53	-106.02
Long-Term Debt Issued	286.8	242.7	308.9	174.5
Total Debt Issued	286.8	242.7	308.9	174.5
Long-Term Debt Repaid	-317.15	-241.69	-231.44	-128.89
Total Debt Repaid	-317.15	-241.69	-231.44	-128.89
Net Debt Issued (Repaid)	-30.35	1.02	77.46	45.61
Other Financing Activities	-17.33	-5.77	-30.91	1.64
Financing Cash Flow	-47.68	-4.75	46.55	47.25
Foreign Exchange Rate Adjustments	-1.64	-1.06	2.94	-1.45
Net Cash Flow	1.96	-42.11	3.99	22.38
Free Cash Flow	47.99	-36.94	-45.96	-24.2
Free Cash Flow Margin	7.23%	-6.00%	-7.11%	-3.87%
Free Cash Flow Per Share	0.04	-0.03	-0.04	-0.02
Cash Interest Paid	19.45	19.7	19.04	2.52
Cash Income Tax Paid	1.03	7.86	7.1	8.04
Levered Free Cash Flow	14.83	-151.86	-67.49	-15.22
Unlevered Free Cash Flow	26.99	-139.55	-55.59	-13.65
Change in Working Capital	-26.83	-89.55	-56.88	8.67

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