HKG:2265 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	60.01	17.49	80.22	85.61
Depreciation & Amortization	33.51	19.93	16.75	14.52
Other Amortization	0.01	0.01	0.01	0.01
Loss (Gain) From Sale of Assets	0.52	0.45	0.04	0.5
Loss (Gain) From Sale of Investments	-0.36	-2.44	1.52	1.22
Other Operating Activities	8.55	-19.07	15.62	12.54
Change in Accounts Receivable	-27.23	63.29	-77.22	-38.45
Change in Inventory	12.79	-15.87	4.13	1.39
Change in Accounts Payable	20.76	-14.8	22.2	-2.1
Change in Unearned Revenue	9.56	4.29	-5.69	-2.56
Change in Other Net Operating Assets	-9.56	-15.78	-14.51	-14.51
Operating Cash Flow	108.57	37.51	43.05	58.17
Operating Cash Flow Growth	189.46%	-12.89%	-25.98%	-13.88%
Capital Expenditures	-142.96	-75.43	-166.83	-37.5
Sale of Property, Plant & Equipment	0.63	0.42	2.11	1.72
Sale (Purchase) of Intangibles	-0.01	-0.04	-56.75	-
Other Investing Activities	3.96	-	-	20.52
Investing Cash Flow	-138.37	-75.05	-221.47	-15.26
Short-Term Debt Issued	18.71	19.36	-	9.53
Long-Term Debt Issued	83.8	143.43	27.9	10
Total Debt Issued	102.51	162.79	27.9	19.53
Short-Term Debt Repaid	-18.13	-17.48	-	-10.99
Long-Term Debt Repaid	-77.75	-87.33	-12.39	-12.76
Total Debt Repaid	-95.88	-104.8	-12.39	-23.76
Net Debt Issued (Repaid)	6.63	57.99	15.51	-4.23
Issuance of Common Stock	-	-	-	208.97
Common Dividends Paid	-	-	-16.13	-45.55
Other Financing Activities	12.18	-3.5	-	-11.44
Financing Cash Flow	18.81	54.49	-0.62	147.75
Foreign Exchange Rate Adjustments	0.09	0.01	2.6	-0.43
Net Cash Flow	-10.91	16.96	-176.43	190.23
Free Cash Flow	-34.39	-37.93	-123.78	20.67
Free Cash Flow Margin	-14.70%	-35.12%	-55.55%	8.04%
Free Cash Flow Per Share	-0.03	-0.04	-0.12	0.03
Cash Interest Paid	4.82	3.59	2.12	1.68
Cash Income Tax Paid	5.05	26.88	11.25	23.74
Levered Free Cash Flow	-27.5	-54.61	-139.62	14.02
Unlevered Free Cash Flow	-23.98	-49.76	-135.46	17.78
Change in Working Capital	6.32	21.13	-71.1	-56.23

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