HKG:1858 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	276.18	272.54	124.99	277.82	307.72	322.36
Depreciation & Amortization	41.39	41.39	37.68	34.66	30.03	18.31
Other Amortization	0.42	0.42	-	-	0.13	0.22
Loss (Gain) From Sale of Assets	-0	-0	-0.04	-0	-0.03	-0.01
Asset Writedown & Restructuring Costs	-	-	13.36	-	-	-
Loss (Gain) From Sale of Investments	-15.06	-15.06	-20.42	-21.62	-16.24	-
Provision & Write-off of Bad Debts	9.7	9.7	4.27	4.41	12.75	12.81
Other Operating Activities	98.31	37.53	17.85	20.69	2.5	7.26
Change in Accounts Receivable	120.41	120.41	63.2	294.85	-412.17	-225.08
Change in Inventory	-22.32	-22.32	-136.77	-193.31	-113.56	-1.58
Change in Accounts Payable	-37.29	-37.29	-108.91	94.75	230.27	31
Operating Cash Flow	469.26	404.84	-1.9	511.71	41.01	164.79
Operating Cash Flow Growth	796.03%	-	-	1147.85%	-75.11%	-36.79%
Capital Expenditures	-60.81	-59.13	-49.17	-33.24	-24.9	-199.41
Sale of Property, Plant & Equipment	0.02	0.02	0.02	0.01	0.06	0.04
Cash Acquisitions	-2.2	-2.2	-1.65	-6.99	-	-
Investment in Securities	-810	-66	86	-63.7	-765	-
Other Investing Activities	8.99	15.61	20.64	22.37	27.23	9.02
Investing Cash Flow	-864	-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	-2.8	-0.59	-1.28	-1.94	-2.2
Issuance of Common Stock	-	-	-	-	-	1,076
Repurchase of Common Stock	-7.99	-7.99	-12.02	-	-7.14	-
Common Dividends Paid	-98.98	-18.73	-170.53	-120.06	-49.96	-
Other Financing Activities	-1.12	-	-	-	-	-
Financing Cash Flow	-110.89	-29.51	-183.14	-121.33	-59.04	1,074
Foreign Exchange Rate Adjustments	-0.58	-0.17	2.21	-0	1.34	-1.72
Net Cash Flow	-506.21	263.45	-127	308.82	-779.3	1,046
Free Cash Flow	408.44	345.71	-51.07	478.47	16.1	-34.62
Free Cash Flow Growth	-	-	-	2871.30%	-	-
Free Cash Flow Margin	39.54%	33.06%	-6.34%	39.59%	1.34%	-3.12%
Free Cash Flow Per Share	1.06	0.90	-0.14	1.24	0.04	-0.10
Cash Income Tax Paid	44.95	44.95	63.27	96.34	100.71	142.41
Levered Free Cash Flow	334.06	345.21	-131.37	392.2	-5.1	-44.12
Unlevered Free Cash Flow	334.08	345.23	-131.34	392.26	-5.08	-44.12
Change in Working Capital	58.32	58.32	-179.58	195.76	-295.87	-196.15

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