HKG:1725 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	-198.01	-211.14	-154.29	-53.08
Depreciation & Amortization	74.69	62.53	45.68	16.32
Other Amortization	0.89	0.93	0.44	0.5
Loss (Gain) From Sale of Assets	12.4	-4.44	0.48	0.12
Asset Writedown & Restructuring Costs	87.93	25.42	-	-
Loss (Gain) From Sale of Investments	0.01	6.52	2.42	0.13
Stock-Based Compensation	-	13.97	-	-
Other Operating Activities	-50.07	-14.04	21.45	-0.65
Change in Accounts Receivable	40.81	-31.53	-2.02	-74.79
Change in Inventory	29.07	32.47	17.87	-79.57
Change in Accounts Payable	-7.15	-25.06	-40.94	-20.18
Change in Unearned Revenue	4.49	0.47	6.42	23.13
Change in Other Net Operating Assets	-37.79	14.08	9.48	11.22
Operating Cash Flow	-23.83	-132.87	-93.03	-176.85
Capital Expenditures	-9.54	-187.32	-194.56	-257.31
Sale of Property, Plant & Equipment	0.91	2.73	0.15	0.15
Divestitures	32.36	67.17	-	-
Sale (Purchase) of Intangibles	-	-0.36	-2.65	-15.15
Investment in Securities	-	-	-1.9	-
Other Investing Activities	-0.04	-2.64	4.97	-1.3
Investing Cash Flow	23.69	-120.41	-194.01	-273.61
Short-Term Debt Issued	100.03	303.32	178.81	0
Long-Term Debt Issued	80.82	103.73	219.5	199.43
Total Debt Issued	180.85	407.06	398.31	199.43
Short-Term Debt Repaid	-234.41	-183.62	-44.71	-0.25
Long-Term Debt Repaid	-150.82	-106.48	-104.6	-31.56
Total Debt Repaid	-385.24	-290.1	-149.31	-31.81
Net Debt Issued (Repaid)	-204.39	116.96	249	167.62
Issuance of Common Stock	195.28	20.54	-	194.6
Other Financing Activities	-37.96	142.49	-16.2	-0
Financing Cash Flow	-47.07	279.99	232.8	362.21
Foreign Exchange Rate Adjustments	5.7	2.05	4.68	0.77
Miscellaneous Cash Flow Adjustments	-	-	-0.41	-
Net Cash Flow	-41.51	28.75	-49.96	-87.47
Free Cash Flow	-33.37	-320.19	-287.59	-434.16
Free Cash Flow Margin	-10.56%	-68.26%	-45.26%	-66.77%
Free Cash Flow Per Share	-0.09	-1.03	-0.93	-1.44
Cash Interest Paid	14.92	14.17	16.15	4.18
Cash Income Tax Paid	-0.26	-0.39	0.73	1.26
Levered Free Cash Flow	-23.14	-190.32	-280.8	-421.66
Unlevered Free Cash Flow	-12.21	-179.3	-272.86	-420.91
Change in Working Capital	29.43	-9.57	-9.19	-140.19

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