HKG:1808 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	72.74	5.55	-22.27	-23.82
Depreciation & Amortization	3.19	2.47	1.71	1.95
Other Amortization	0.8	0.43	0.23	-
Loss (Gain) From Sale of Assets	-	-	-0.2	-2.82
Asset Writedown & Restructuring Costs	0	-	-	1.48
Loss (Gain) From Sale of Investments	-104.13	-24.18	9.07	8.03
Provision & Write-off of Bad Debts	1.94	7.31	7.44	6.7
Other Operating Activities	10.83	-1.46	-4.54	-5.05
Change in Accounts Receivable	-107.27	-4.79	-10.99	-10.76
Change in Inventory	-36.65	-	-	-
Change in Accounts Payable	34.15	-6.11	6.37	-0.06
Change in Unearned Revenue	51.15	2.72	-4.69	-0.03
Operating Cash Flow	-65.64	-12.61	-25.62	-33.85
Capital Expenditures	-0.12	-2.33	-0.3	-0.13
Sale of Property, Plant & Equipment	-	-	0.21	0.17
Sale (Purchase) of Intangibles	-12.52	-3.85	-1.86	-2.16
Investment in Securities	-21	-	-	-
Other Investing Activities	0.88	0.2	0.02	0.01
Investing Cash Flow	-32.76	-5.99	-1.94	-2.12
Short-Term Debt Issued	20	8	3	-
Total Debt Issued	20	8	3	-
Short-Term Debt Repaid	-8	-3	-	-
Long-Term Debt Repaid	-2.54	-1.96	-1.19	-1.64
Total Debt Repaid	-10.54	-4.96	-1.19	-1.64
Net Debt Issued (Repaid)	9.46	3.05	1.81	-1.64
Issuance of Common Stock	78.19	90.65	9.69	55
Other Financing Activities	-8.89	-0.82	-0.59	-0.16
Financing Cash Flow	78.77	92.88	10.91	53.2
Foreign Exchange Rate Adjustments	2.4	2.49	2.06	-1.52
Net Cash Flow	-17.23	76.77	-14.6	15.71
Free Cash Flow	-65.75	-14.94	-25.93	-33.98
Free Cash Flow Margin	-16.09%	-24.64%	-54.12%	-83.24%
Free Cash Flow Per Share	-0.29	-0.09	-0.36	-0.68
Cash Interest Paid	8.89	0.82	0.16	0.16
Cash Income Tax Paid	0.03	-	-	0.23
Levered Free Cash Flow	-101.49	-17.44	-13.64	-5.99
Unlevered Free Cash Flow	-95.75	-16.87	-13.09	-5.54
Change in Working Capital	-51	-2.72	-17.07	-20.31

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.