HKG:2235 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	-63.12	-125.02	-35.04	-48.15
Depreciation & Amortization	11.73	11.17	10.48	8.21
Other Amortization	0.38	-	0.01	0.12
Loss (Gain) From Sale of Assets	-	-	-	-0.05
Asset Writedown & Restructuring Costs	0.83	0.16	4.94	-
Loss (Gain) From Sale of Investments	-1.5	0.02	-	-
Stock-Based Compensation	-	-	-	12.43
Provision & Write-off of Bad Debts	1.44	0.99	-	1.23
Other Operating Activities	-45.98	-46.39	-64.58	15.87
Change in Accounts Receivable	-59.28	-27.19	-17.51	-18.64
Change in Inventory	-12.46	21.7	-35.41	-16.29
Change in Accounts Payable	42.12	11.56	18.09	6.52
Change in Unearned Revenue	-	-	-	-5.54
Change in Other Net Operating Assets	5.2	-	-	0.07
Operating Cash Flow	-120.65	-153	-119.01	-44.22
Capital Expenditures	-	-	-29.78	-17.6
Sale of Property, Plant & Equipment	-	-	-	0.05
Sale (Purchase) of Intangibles	-83.24	-28.7	-	-1.12
Investment in Securities	207.4	-505.93	-359.66	116.36
Other Investing Activities	-3.01	-6.07	-	-
Investing Cash Flow	121.16	-540.7	-389.44	97.69
Short-Term Debt Issued	49	-	-	-
Total Debt Issued	49	-	-	-
Short-Term Debt Repaid	-49	-	-	-
Long-Term Debt Repaid	-0.49	-0.56	-0.5	-0.17
Total Debt Repaid	-49.49	-0.56	-0.5	-0.17
Net Debt Issued (Repaid)	-0.49	-0.56	-0.5	-0.17
Issuance of Common Stock	-	-	-	1,657
Repurchase of Common Stock	-31.79	-22.9	-	-
Common Dividends Paid	-0.66	-	-	-
Other Financing Activities	-0.21	-	-20.07	-83.03
Financing Cash Flow	-33.15	-23.46	-20.57	1,574
Foreign Exchange Rate Adjustments	5.88	-1.65	27.1	-16.48
Net Cash Flow	-26.76	-718.81	-501.93	1,611
Free Cash Flow	-120.65	-153	-148.79	-61.82
Free Cash Flow Margin	-34.91%	-60.42%	-85.71%	-40.83%
Free Cash Flow Per Share	-0.29	-0.35	-0.34	-0.17
Cash Interest Paid	-	-	-	0.02
Cash Income Tax Paid	5.95	-0.64	-2.87	-
Levered Free Cash Flow	-150.84	-126.24	-146.24	-50.98
Unlevered Free Cash Flow	-150.41	-126.21	-146.14	-50.97
Change in Working Capital	-24.42	6.07	-34.83	-33.88

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