HKG:2258 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	33.1	-69.25	30.75	27.1	47.06
Depreciation & Amortization	13.53	15.78	15.78	19.14	18.59
Other Amortization	0.01	0.03	0.13	0.21	0.17
Loss (Gain) From Sale of Assets	-0.79	0.24	-3.12	0.05	-0.65
Asset Writedown & Restructuring Costs	-	3.25	-	-	-
Loss (Gain) From Sale of Investments	32.68	48.34	20.29	28.74	20.86
Other Operating Activities	6.97	7.78	4.83	13.39	13.22
Change in Accounts Receivable	-110.02	-113.85	-114.03	30.87	18.74
Change in Inventory	0.79	4.7	0.91	30.72	26.07
Change in Accounts Payable	-14.59	51.39	-89.11	-132.06	-131.64
Change in Unearned Revenue	84.62	26.52	-95.78	92.03	-65.16
Change in Other Net Operating Assets	-31.57	16.28	5.26	-90.29	38.24
Operating Cash Flow	14.73	-8.8	-224.08	19.88	-14.5
Capital Expenditures	-15.13	-4.11	-7.61	-8.01	-8.51
Sale of Property, Plant & Equipment	0.46	3.91	2.92	0.7	12.49
Cash Acquisitions	-	-	-	-25.51	-25
Sale (Purchase) of Intangibles	-	-	2.97	-0.07	-0.07
Investment in Securities	-	37.72	-0.5	-1.3	-2.45
Other Investing Activities	0.1	2.14	4.83	2.21	2.76
Investing Cash Flow	-14.57	39.65	2.61	-31.99	-20.78
Long-Term Debt Issued	398.27	317.04	278.37	303.38	99.89
Long-Term Debt Repaid	-291.67	-243.34	-322.21	-182.66	-31.28
Total Debt Repaid	-291.67	-243.34	-322.21	-182.66	-31.28
Net Debt Issued (Repaid)	106.59	73.7	-43.84	120.73	68.6
Common Dividends Paid	-	-7.63	-7.02	-11.01	-5.49
Other Financing Activities	-11.01	-10.31	-12.34	-8.2	-4.01
Financing Cash Flow	95.59	55.75	-63.21	101.51	59.1
Foreign Exchange Rate Adjustments	-0.23	0.29	0.26	6.94	-3.68
Net Cash Flow	95.51	86.9	-284.42	96.34	20.14
Free Cash Flow	-0.4	-12.9	-231.7	11.87	-23.02
Free Cash Flow Margin	-0.02%	-0.84%	-10.81%	0.57%	-1.02%
Free Cash Flow Per Share	-	-0.02	-0.28	0.01	-0.03
Cash Interest Paid	11.01	10.31	12.34	8.2	4.01
Cash Income Tax Paid	33.54	12.97	30.57	13.42	14.75
Levered Free Cash Flow	-23.69	132.01	-373.62	4.89	43.35
Unlevered Free Cash Flow	-16.81	138.5	-365.87	10.13	46.01
Change in Working Capital	-70.77	-14.97	-292.74	-68.74	-113.74

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