HKG:1858 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	272.54	124.99	277.82	307.72	322.36
Depreciation & Amortization	41.39	37.68	34.66	30.03	18.31
Other Amortization	0.42	-	-	0.13	0.22
Loss (Gain) From Sale of Assets	-0	-0.04	-0	-0.03	-0.01
Asset Writedown & Restructuring Costs	-	13.36	-	-	-
Loss (Gain) From Sale of Investments	-15.06	-20.42	-21.62	-16.24	-
Provision & Write-off of Bad Debts	9.7	4.27	4.41	12.75	12.81
Other Operating Activities	37.53	17.85	20.69	2.5	7.26
Change in Accounts Receivable	120.41	63.2	294.85	-412.17	-225.08
Change in Inventory	-22.32	-136.77	-193.31	-113.56	-1.58
Change in Accounts Payable	-37.29	-108.91	94.75	230.27	31
Operating Cash Flow	404.84	-1.9	511.71	41.01	164.79
Operating Cash Flow Growth	-	-	1147.85%	-75.11%	-36.79%
Capital Expenditures	-59.13	-49.17	-33.24	-24.9	-199.41
Sale of Property, Plant & Equipment	0.02	0.02	0.01	0.06	0.04
Cash Acquisitions	-2.2	-1.65	-6.99	-	-
Investment in Securities	-66	86	-63.7	-765	-
Other Investing Activities	15.61	20.64	22.37	27.23	9.02
Investing Cash Flow	-111.7	55.84	-81.56	-762.61	-190.35
Long-Term Debt Repaid	-2.8	-0.59	-1.28	-1.94	-2.2
Net Debt Issued (Repaid)	-2.8	-0.59	-1.28	-1.94	-2.2
Issuance of Common Stock	-	-	-	-	1,076
Repurchase of Common Stock	-7.99	-12.02	-	-7.14	-
Common Dividends Paid	-18.73	-170.53	-120.06	-49.96	-
Financing Cash Flow	-29.51	-183.14	-121.33	-59.04	1,074
Foreign Exchange Rate Adjustments	-0.17	2.21	-0	1.34	-1.72
Net Cash Flow	263.45	-127	308.82	-779.3	1,046
Free Cash Flow	345.71	-51.07	478.47	16.1	-34.62
Free Cash Flow Growth	-	-	2871.30%	-	-
Free Cash Flow Margin	33.06%	-6.34%	39.59%	1.34%	-3.12%
Free Cash Flow Per Share	0.90	-0.14	1.24	0.04	-0.10
Cash Income Tax Paid	44.95	63.27	96.34	100.71	142.41
Levered Free Cash Flow	345.21	-131.37	392.2	-5.1	-44.12
Unlevered Free Cash Flow	345.23	-131.34	392.26	-5.08	-44.12
Change in Working Capital	58.32	-179.58	195.76	-295.87	-196.15

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