HKG:2116 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	15.69	13.98	21.12	11.46	11.66
Depreciation & Amortization	5.56	5.79	5.46	5.4	4.72
Loss (Gain) From Sale of Assets	-	-	0.33	0	-
Provision & Write-off of Bad Debts	-	-	1.35	-	-
Other Operating Activities	-1.11	-2.19	-16.42	11.01	-4.09
Change in Accounts Receivable	28.84	-21.72	35.2	-41.09	2.7
Change in Inventory	-4.73	8.22	-3.65	2.56	-9.22
Change in Accounts Payable	-5.43	12.88	-3.64	7.46	5.32
Change in Unearned Revenue	-	-2.21	2.21	-	-0.4
Change in Other Net Operating Assets	3.28	-4.81	4.92	-1.52	-0.21
Operating Cash Flow	42.1	9.94	46.88	-4.72	10.48
Operating Cash Flow Growth	323.50%	-78.79%	-	-	40.79%
Capital Expenditures	-4.81	-4.76	-7.3	-3.42	-1.08
Sale of Property, Plant & Equipment	-	-	0	0	-
Investment in Securities	-4.94	-10	0.16	2.22	-
Other Investing Activities	2.29	2.83	4.74	0.72	3.03
Investing Cash Flow	-7.46	-11.93	-2.41	-0.48	1.96
Short-Term Debt Issued	-	0.47	4.74	-	4.16
Total Debt Issued	-	0.47	4.74	-	4.16
Short-Term Debt Repaid	-	-0.47	-4.74	-	-4.16
Total Debt Repaid	-	-0.47	-4.74	-	-4.16
Common Dividends Paid	-4.43	-8.71	-96.68	-3.87	-4.03
Other Financing Activities	-	-0.01	-0.01	-	-0.02
Financing Cash Flow	-4.43	-8.72	-96.7	-3.87	-4.04
Foreign Exchange Rate Adjustments	-0.9	0.75	0.95	3.51	-1.1
Net Cash Flow	29.32	-9.95	-51.28	-5.58	7.3
Free Cash Flow	37.3	5.18	39.58	-8.15	9.41
Free Cash Flow Growth	619.84%	-86.91%	-	-	261.01%
Free Cash Flow Margin	18.29%	2.84%	21.27%	-3.17%	5.30%
Free Cash Flow Per Share	0.08	0.01	0.08	-0.02	0.02
Cash Interest Paid	-	0.01	0.01	-	0.02
Cash Income Tax Paid	2.67	3.14	15.39	1.18	2.13
Levered Free Cash Flow	33.5	1.95	45.1	-14.07	6.75
Unlevered Free Cash Flow	33.5	1.95	45.11	-14.07	6.76
Change in Working Capital	21.96	-7.65	35.04	-32.59	-1.81

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