HKG:1833 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	379.51	81.43	-322.59	-636.06	-1,538
Depreciation & Amortization	74.68	77.23	133.43	162.8	180.38
Other Amortization	-	19.03	27.35	27.38	26.56
Loss (Gain) From Sale of Assets	2.81	3.28	0.67	1.21	-0.6
Loss (Gain) From Sale of Investments	-86.73	-79.12	-109.66	-456.03	-232.96
Loss (Gain) on Equity Investments	-2.65	-0.28	-0.25	66.32	38.77
Stock-Based Compensation	9.84	49.24	29.11	77.43	79.57
Other Operating Activities	-119.72	-125.89	-188.79	-131.9	-32.71
Change in Accounts Receivable	-9.58	-115.11	346.85	93.2	-613.85
Change in Inventory	29.1	106.34	34.41	146.43	-237.61
Change in Accounts Payable	108.59	98.73	-223.59	-161.49	1,003
Change in Other Net Operating Assets	65.1	-15.54	-9.8	0.09	-75.09
Operating Cash Flow	450.95	99.33	-282.86	-810.62	-1,403
Operating Cash Flow Growth	353.99%	-	-	-	-
Capital Expenditures	-39.92	-34.24	-42.96	-34.44	-89.15
Sale of Property, Plant & Equipment	1.89	0.87	2.6	0.18	1.14
Cash Acquisitions	-	-	-69.94	-626.41	-1.98
Divestitures	-	-	1	10.22	-
Investment in Securities	3,154	-139.99	-1,691	2,289	-3,010
Other Investing Activities	56.32	288.01	314.68	71.92	-
Investing Cash Flow	3,172	114.65	-1,486	1,710	-3,100
Long-Term Debt Issued	-	-	10.5	-	-
Total Debt Issued	-	-	10.5	-	-
Long-Term Debt Repaid	-38.33	-38.83	-82.71	-92.36	-109.14
Total Debt Repaid	-38.33	-38.83	-82.71	-92.36	-109.14
Net Debt Issued (Repaid)	-38.33	-38.83	-72.21	-92.36	-109.14
Issuance of Common Stock	0.37	0.4	4.86	0.61	167.12
Repurchase of Common Stock	-	-	-	-226.13	-367.86
Common Dividends Paid	-3,907	-	-	-	-
Other Financing Activities	-	-	-	-	-10.04
Financing Cash Flow	-3,945	-38.44	-67.36	-317.88	-319.91
Foreign Exchange Rate Adjustments	-3.11	2.61	2.1	54.23	-32.15
Net Cash Flow	-324.58	178.14	-1,834	635.81	-4,855
Free Cash Flow	411.02	65.09	-325.82	-845.05	-1,492
Free Cash Flow Growth	531.52%	-	-	-	-
Free Cash Flow Margin	7.52%	1.35%	-6.97%	-13.62%	-20.34%
Free Cash Flow Per Share	0.20	0.05	-0.30	-0.78	-1.35
Cash Income Tax Paid	-	0.52	3.57	5.93	13.86
Levered Free Cash Flow	-10,215	10,091	-154.02	-440.95	-851.58
Unlevered Free Cash Flow	-10,215	10,093	-149.72	-434	-844.81
Change in Working Capital	193.21	74.41	147.87	78.23	76.18

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