HKG:1820 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	-19.37	22.41	22.82	43.63
Depreciation & Amortization	108.04	107.36	98.43	87.36
Loss (Gain) From Sale of Assets	-0.35	-0.2	0.29	0.33
Provision & Write-off of Bad Debts	0.42	2.51	0.23	0.85
Other Operating Activities	27.4	15.81	30.03	19.97
Change in Accounts Receivable	-85.6	45.26	44.58	-86.43
Change in Inventory	-42.36	-18.19	52.59	-3.98
Change in Accounts Payable	39.88	-7.65	-10	-13.21
Change in Unearned Revenue	0.15	0.28	-0.92	0.49
Operating Cash Flow	28.2	167.59	238.04	49.02
Operating Cash Flow Growth	-83.17%	-29.60%	385.61%	-56.29%
Capital Expenditures	-69.45	-36.64	-73.05	-95.14
Sale of Property, Plant & Equipment	3.42	2.83	8.84	4.42
Other Investing Activities	1.05	11.48	-6.09	-0.79
Investing Cash Flow	-64.98	-22.34	-70.3	-91.5
Short-Term Debt Issued	93.26	48.87	26.58	62.98
Long-Term Debt Issued	431.41	403.62	464.4	367.69
Total Debt Issued	524.67	452.49	490.98	430.67
Short-Term Debt Repaid	-37.38	-32.73	-25.46	-
Long-Term Debt Repaid	-419.1	-445.21	-523.37	-333.55
Total Debt Repaid	-456.48	-477.94	-548.83	-333.55
Net Debt Issued (Repaid)	68.19	-25.45	-57.85	97.12
Common Dividends Paid	-21.81	-21.06	-19.56	-60.68
Other Financing Activities	-33.57	-30.29	-29.87	-27.54
Financing Cash Flow	-9.15	-98.83	-128.36	8.91
Foreign Exchange Rate Adjustments	0.03	0.1	0.59	-3.16
Net Cash Flow	-45.9	46.53	39.97	-36.73
Free Cash Flow	-41.25	130.95	164.99	-46.12
Free Cash Flow Growth	-	-20.63%	-	-
Free Cash Flow Margin	-1.93%	6.54%	7.57%	-1.92%
Free Cash Flow Per Share	-0.14	0.44	0.55	-0.15
Cash Interest Paid	33.57	30.29	29.87	27.54
Cash Income Tax Paid	10.18	26.26	14.98	25.34
Levered Free Cash Flow	-104.27	107.96	134.01	-85.89
Unlevered Free Cash Flow	-80.25	126.84	151.66	-68.69
Change in Working Capital	-87.93	19.7	86.25	-103.12

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