HKG:2126 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	FY 2020	2018 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2018 - 2019
Net Income	-590.62	-768	-846.14	-702.33	-1,664	Upgrade
Depreciation & Amortization	83.67	93.77	81.37	46.33	23.17	Upgrade
Other Amortization	5.99	6.06	5.71	1.9	0.42	Upgrade
Loss (Gain) From Sale of Assets	-	0.93	0.17	0.12	-	Upgrade
Asset Writedown & Restructuring Costs	132.26	181.21	-	-	-	Upgrade
Stock-Based Compensation	37.31	34.97	82.5	89.37	134.25	Upgrade
Other Operating Activities	27.77	49.45	164.76	-46.37	1,228	Upgrade
Change in Accounts Receivable	-35.22	-36.64	-5.31	-	-	Upgrade
Change in Inventory	3.52	5.38	-8.76	-28.78	-0.96	Upgrade
Change in Unearned Revenue	-14.22	30.42	-	-	-	Upgrade
Change in Other Net Operating Assets	16.1	4.02	-11.03	78.57	17.63	Upgrade
Operating Cash Flow	-333.44	-398.42	-536.72	-561.2	-261.01	Upgrade
Capital Expenditures	-5.22	-12.41	-76.87	-73.09	-124.24	Upgrade
Sale of Property, Plant & Equipment	-	0.08	0.05	-	-	Upgrade
Cash Acquisitions	-	-	-	-	45.31	Upgrade
Sale (Purchase) of Intangibles	-10.15	-2.17	-23.71	-64.04	-12.98	Upgrade
Other Investing Activities	-0.06	24.4	-23.55	-	-	Upgrade
Investing Cash Flow	-15.43	9.9	-124.08	-137.13	-91.91	Upgrade
Long-Term Debt Issued	327.95	210	234.8	-	49.18	Upgrade
Long-Term Debt Repaid	-225.71	-197.34	-115.75	-13.02	-11.8	Upgrade
Net Debt Issued (Repaid)	102.24	12.66	119.05	-13.02	37.38	Upgrade
Issuance of Common Stock	0.4	0.03	0.09	0.7	2,140	Upgrade
Other Financing Activities	-12.16	-12.42	-6.79	-18.3	-27.3	Upgrade
Financing Cash Flow	90.49	0.28	112.35	-30.62	2,859	Upgrade
Foreign Exchange Rate Adjustments	9.84	10.81	97.39	-67.25	-130.78	Upgrade
Net Cash Flow	-248.53	-377.43	-451.06	-796.2	2,376	Upgrade
Free Cash Flow	-338.67	-410.83	-613.6	-634.29	-385.24	Upgrade
Free Cash Flow Margin	-214.05%	-236.30%	-421.13%	-2059.57%	-	Upgrade
Free Cash Flow Per Share	-0.82	-1.00	-1.50	-1.59	-2.92	Upgrade
Cash Interest Paid	12.16	12.42	6.79	5.91	5.24	Upgrade
Levered Free Cash Flow	-227.7	-218.11	-428.1	-575.04	-168.34	Upgrade
Unlevered Free Cash Flow	-220.06	-210.35	-423.86	-573.36	-167.86	Upgrade
Change in Working Capital	-29.81	3.19	-25.1	49.79	16.67	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.