HKG:2252 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	-642.41	-1,012	-1,140	-582.92
Depreciation & Amortization	112.6	109.1	98.89	34.9
Other Amortization	5.25	2.66	1.81	0.47
Loss (Gain) From Sale of Assets	8.07	0.95	-1.92	-
Loss (Gain) From Sale of Investments	-0.14	42.53	26.98	-45.52
Loss (Gain) on Equity Investments	20.24	29.8	39.66	27.38
Stock-Based Compensation	48.17	111.88	136.92	91.2
Other Operating Activities	133.6	43.4	3.23	14.72
Change in Accounts Receivable	-33.58	39.47	-65.97	-8.21
Change in Inventory	78.02	25.37	-140.6	-109.88
Change in Accounts Payable	-59.13	5.86	85.11	82.09
Change in Unearned Revenue	28.47	31.66	18.07	-7.45
Change in Other Net Operating Assets	2.7	1.66	39.15	-37.25
Operating Cash Flow	-298.12	-567.84	-898.48	-540.49
Capital Expenditures	-41.79	-64.99	-188.27	-131
Sale of Property, Plant & Equipment	0.48	7.67	-	-
Sale (Purchase) of Intangibles	-0.31	-1.47	-6.55	-2.98
Investment in Securities	-	-	-70.21	-262.6
Other Investing Activities	-5.99	0.4	-2.8	-
Investing Cash Flow	-47.6	-58.39	-267.83	-396.58
Short-Term Debt Issued	99.09	-	20	-
Long-Term Debt Issued	838.42	436.51	33.1	-
Total Debt Issued	937.51	436.51	53.1	-
Short-Term Debt Repaid	-48.36	-	-20	-
Long-Term Debt Repaid	-422.46	-37.83	-51.83	-18.68
Total Debt Repaid	-470.82	-37.83	-71.83	-18.68
Net Debt Issued (Repaid)	466.69	398.67	-18.73	-18.68
Issuance of Common Stock	-	-	-	1,451
Other Financing Activities	-16.73	-13	-9.21	-39.95
Financing Cash Flow	449.96	385.68	-27.95	1,392
Foreign Exchange Rate Adjustments	0.29	0.3	1.38	-11.69
Net Cash Flow	104.52	-240.25	-1,193	443.5
Free Cash Flow	-339.91	-632.83	-1,087	-671.48
Free Cash Flow Margin	-132.13%	-605.04%	-5030.53%	-31231.72%
Free Cash Flow Per Share	-0.35	-0.66	-1.13	-0.73
Cash Interest Paid	21.36	17.16	10.64	4.57
Levered Free Cash Flow	-187.35	-357.77	-761.72	-542.44
Unlevered Free Cash Flow	-173.91	-346.27	-754.77	-539.13
Change in Working Capital	16.49	104.02	-64.24	-80.71

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