HKG:2147 Cash Flow Statement

Financials in millions CNY. Fiscal year is July - June.

Millions CNY. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-72.5	-53.57	67.52	46.7	48.29
Depreciation & Amortization	10.58	11.5	6.56	4.19	4.37
Other Amortization	-	-	-	0.01	0.03
Loss (Gain) From Sale of Assets	2.7	6.5	0	0.06	0.26
Asset Writedown & Restructuring Costs	2.85	-	-	-	-1.1
Provision & Write-off of Bad Debts	0.07	-	-	-0	-0.9
Other Operating Activities	-4.51	-2.05	3.01	-1.51	4.71
Change in Accounts Receivable	-90.64	-2.51	-28.28	-0.85	-9.87
Change in Inventory	17.76	-15.92	-7.94	15.96	-8.38
Change in Accounts Payable	23	22.77	0.6	5.25	-9.88
Change in Unearned Revenue	-0.01	-0.01	-0.5	-0.09	0.3
Change in Other Net Operating Assets	5.89	-26.51	-4.38	12.7	-0.76
Operating Cash Flow	-104.8	-59.79	36.6	82.41	27.07
Operating Cash Flow Growth	-	-	-55.60%	204.42%	-68.72%
Capital Expenditures	-0.03	-0.04	-71.03	-2.86	-9.49
Sale of Property, Plant & Equipment	0.33	0.5	-	-	0
Divestitures	-	-	-	-	1.93
Sale (Purchase) of Intangibles	-	-	-9.53	-	-
Other Investing Activities	3.48	0.71	0.65	0.39	0.37
Investing Cash Flow	3.79	1.17	-79.91	-2.47	-7.19
Long-Term Debt Issued	-	-	16.6	20.8	83.7
Total Debt Issued	-	-	16.6	20.8	83.7
Short-Term Debt Repaid	-	-	-	-0.01	-
Long-Term Debt Repaid	-	-18.28	-44.56	-64.55	-111.84
Total Debt Repaid	-12.13	-18.28	-44.56	-64.56	-111.84
Net Debt Issued (Repaid)	-12.13	-18.28	-27.96	-43.76	-28.14
Issuance of Common Stock	16.84	28.35	121.49	-	-
Other Financing Activities	-0.05	-0.08	-7.86	-6.68	-6.76
Financing Cash Flow	4.65	9.98	85.67	-50.43	-34.9
Net Cash Flow	-96.36	-48.64	42.36	29.51	-15.02
Free Cash Flow	-104.82	-59.83	-34.44	79.56	17.58
Free Cash Flow Growth	-	-	-	352.43%	-78.86%
Free Cash Flow Margin	-16.76%	-10.01%	-7.73%	22.29%	5.14%
Free Cash Flow Per Share	-2.17	-1.34	-0.87	2.65	0.59
Cash Interest Paid	0.05	0.08	2.9	4.18	6.16
Cash Income Tax Paid	29.37	21.26	8.64	10.02	7.91
Levered Free Cash Flow	-	-29.13	-57.85	65.71	3.19
Unlevered Free Cash Flow	-	-29.08	-56.04	67.75	7.02
Change in Working Capital	-44	-22.18	-40.5	32.97	-28.58

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