HKG:2291 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	287.36	245.56	151.38	-19.81	58.7	68.77
Depreciation & Amortization	29.57	21.33	6.01	14.87	9.81	6.11
Loss (Gain) From Sale of Assets	-	-	-	-	-	-5.09
Asset Writedown & Restructuring Costs	-	-	-	0	0	-
Loss (Gain) From Sale of Investments	-	-	-	10.66	-0.53	-0.53
Stock-Based Compensation	-	-	-	20.51	17.8	-
Other Operating Activities	-31.09	-44.41	6.87	88.04	5.67	-7.03
Change in Accounts Receivable	-	-	-	-12.03	13.51	8.17
Change in Inventory	-	-	-	-24	-10.08	-12.27
Change in Accounts Payable	-	-	-	7.92	9.25	4.85
Change in Unearned Revenue	-	-	-	-1.66	-0.56	3.14
Change in Other Net Operating Assets	-	-	-	-18.96	1.73	-7.02
Operating Cash Flow	285.84	222.49	164.26	65.53	105.28	59.1
Operating Cash Flow Growth	38.70%	35.45%	150.66%	-37.75%	78.14%	8.48%
Capital Expenditures	-94.84	-85.44	-97.51	-13.28	-22.45	-2.53
Sale of Property, Plant & Equipment	-	0	-	-	-	0.11
Sale (Purchase) of Intangibles	-	-	-	-70.08	-69.39	-13.14
Sale (Purchase) of Real Estate	-	-	-	-	-	6.06
Investment in Securities	229.36	-40.65	198.06	-252.64	6.67	1.04
Other Investing Activities	11.47	8.87	10.76	-70	-	-
Investing Cash Flow	146	-117.22	111.32	-406	-85.17	-8.46
Long-Term Debt Repaid	-	-	-	-3.63	-2.38	-0.49
Net Debt Issued (Repaid)	-	-	-	-3.63	-2.38	-0.49
Issuance of Common Stock	-	-	-	601.63	661.02	-
Common Dividends Paid	-194.77	-194.77	-	-	-320	-
Other Financing Activities	-1.21	-2.14	-2.05	-20.2	333.58	-47.47
Financing Cash Flow	-195.98	-196.91	-2.05	577.8	672.23	-47.96
Foreign Exchange Rate Adjustments	0.94	0.94	-6.01	-6.3	2.36	-
Net Cash Flow	236.81	-90.7	267.52	231.04	694.69	2.67
Free Cash Flow	191	137.05	66.75	52.25	82.83	56.57
Free Cash Flow Growth	77.82%	105.32%	27.75%	-36.92%	46.41%	10.47%
Free Cash Flow Margin	34.59%	29.06%	20.44%	21.10%	37.21%	38.16%
Free Cash Flow Per Share	0.55	0.40	0.19	0.16	0.27	0.20
Cash Income Tax Paid	91.93	81.73	61.27	4.72	0.52	14.11
Levered Free Cash Flow	103.34	96.94	-6.58	-707.51	646	21.54
Unlevered Free Cash Flow	103.43	97.04	-6.49	-695.65	653.22	21.55
Change in Working Capital	-	-	-	-48.73	13.84	-3.14

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.