HKG:2210 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
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	Dec '20 Dec 31, 2020
Net Income	57	79.67	113.59	114.2	82.75	57.5
Depreciation & Amortization	36.02	33.69	23.49	15.15	11.15	12.37
Other Amortization	0.75	0.77	0.79	0.6	0.49	0.42
Loss (Gain) From Sale of Assets	-3.22	-3.22	-12.94	0.09	-	-0.09
Asset Writedown & Restructuring Costs	4.83	4.83	-0.25	-2.48	-1.65	-7.31
Loss (Gain) on Equity Investments	-0.64	-0.64	-0.02	-	-	-
Provision & Write-off of Bad Debts	58.76	58.76	52.62	22.45	9.7	6.34
Other Operating Activities	-72.03	-7.98	2.54	-11.94	-62.26	13.81
Change in Inventory	-0.04	-0.04	0.18	-0.18	1.28	-5.89
Change in Accounts Payable	92.89	92.89	14.77	196.55	-28.12	50.47
Change in Unearned Revenue	38.91	38.91	-8.73	30.85	25.07	24.03
Change in Other Net Operating Assets	-67.57	-67.57	-146.15	-249.2	-124.46	79.86
Operating Cash Flow	145.64	230.05	39.9	116.1	-86.06	231.52
Operating Cash Flow Growth	-	476.63%	-65.64%	-	-	313.43%
Capital Expenditures	-13.91	-18.29	-34.93	-31.87	-4.07	-4.16
Sale of Property, Plant & Equipment	0.43	0.43	0.6	0.07	0.41	0.39
Cash Acquisitions	-	-	-	-2.17	-	-
Sale (Purchase) of Intangibles	-	-	-1.93	-4.12	-0.2	-0.6
Investment in Securities	-	-	-3.6	-	-	-
Other Investing Activities	-497.38	-400	1.05	0.5	224.25	196.41
Investing Cash Flow	-510.86	-417.86	-38.82	-37.58	220.39	192.04
Long-Term Debt Repaid	-	-3.15	-3.18	-1.19	-4.91	-6.75
Net Debt Issued (Repaid)	-6.13	-3.15	-3.18	-1.19	-4.91	-6.75
Issuance of Common Stock	-	-	-	-	227.44	53
Common Dividends Paid	-21.3	-31.05	-31.9	-23.19	-	-10.7
Other Financing Activities	-0.57	-0.07	-1.26	-5.57	-15.59	-5.72
Financing Cash Flow	-28	-34.27	-36.34	-29.94	206.94	29.84
Foreign Exchange Rate Adjustments	0.03	-0.15	-0.24	4.86	-1.02	-
Net Cash Flow	-393.19	-222.22	-35.5	53.44	340.25	453.4
Free Cash Flow	131.74	211.76	4.96	84.23	-90.13	227.36
Free Cash Flow Growth	-	4166.86%	-94.11%	-	-	394.89%
Free Cash Flow Margin	6.16%	10.68%	0.27%	5.38%	-7.36%	20.85%
Free Cash Flow Per Share	0.90	1.44	0.03	0.57	-0.78	2.20
Cash Interest Paid	0.8	0.46	0.71	0.09	0.28	0.27
Cash Income Tax Paid	53.47	44.51	38.9	45.09	91.72	11.71
Levered Free Cash Flow	153.89	199.99	0.84	63.45	122.59	436.76
Unlevered Free Cash Flow	155.23	202.22	1.28	63.51	122.76	436.93
Change in Working Capital	64.18	64.18	-139.93	-21.98	-126.24	148.48

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