HKG:1938 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	212.67	183.78	163.03	-94.35
Depreciation & Amortization	81.02	41.54	75.86	78.14
Loss (Gain) From Sale of Assets	0.36	-1.12	-1.75	290.48
Asset Writedown & Restructuring Costs	9.79	2	8.23	613.84
Loss (Gain) From Sale of Investments	-	-73.79	-	-
Loss (Gain) on Equity Investments	-	-	-	15.02
Provision & Write-off of Bad Debts	12.66	66.72	24.23	7.18
Other Operating Activities	-84.86	-45.83	-189.3	-1,026
Change in Accounts Receivable	-72.44	0.19	100.03	1.25
Change in Inventory	-19.61	5.55	441.86	-223.13
Change in Accounts Payable	155.76	306.52	-653.57	675.12
Change in Unearned Revenue	-3.26	-169.92	-353.05	-10.92
Change in Other Net Operating Assets	-86.22	115.43	538.5	-1,231
Operating Cash Flow	205.87	431.07	154.07	-904.63
Operating Cash Flow Growth	-52.24%	179.79%	-	-
Capital Expenditures	-62.33	-96.26	-13.31	-37.8
Sale of Property, Plant & Equipment	1.32	2.05	57.72	51.4
Divestitures	-	-	-	8.51
Investment in Securities	-	34.68	-	-
Other Investing Activities	5.19	50.86	-6.24	2,540
Investing Cash Flow	-55.82	-8.68	38.17	2,562
Long-Term Debt Issued	798.28	658.25	529.6	2,435
Total Debt Issued	798.28	658.25	529.6	2,435
Long-Term Debt Repaid	-823.63	-929.79	-634.11	-4,000
Total Debt Repaid	-823.63	-929.79	-634.11	-4,000
Net Debt Issued (Repaid)	-25.36	-271.54	-104.52	-1,565
Other Financing Activities	-53.11	-94.5	-44.59	-144.14
Financing Cash Flow	-78.47	-366.03	-149.1	-1,709
Foreign Exchange Rate Adjustments	-50.45	-40.29	-47.6	52.94
Net Cash Flow	21.13	16.06	-4.46	1.12
Free Cash Flow	143.54	334.81	140.76	-942.43
Free Cash Flow Growth	-57.13%	137.86%	-	-
Free Cash Flow Margin	4.88%	12.63%	5.96%	-51.97%
Free Cash Flow Per Share	0.14	0.33	0.14	-0.93
Cash Interest Paid	53.19	94.55	44.64	144.25
Cash Income Tax Paid	80.71	0.15	0.34	0.03
Levered Free Cash Flow	313.8	437.38	-149.29	-352.44
Unlevered Free Cash Flow	382.68	496.47	-121.39	-262.29
Change in Working Capital	-25.78	257.77	73.77	-788.54

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