HKG:2291 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	239.73	245.56	151.38	-19.81	58.7
Depreciation & Amortization	35.79	6.64	6.01	14.87	9.81
Asset Writedown & Restructuring Costs	-	-	-	0	0
Loss (Gain) From Sale of Investments	-	-	-	10.66	-0.53
Stock-Based Compensation	-	-	-	20.51	17.8
Other Operating Activities	-54.42	-29.71	6.87	88.04	5.67
Change in Accounts Receivable	-	-	-	-12.03	13.51
Change in Inventory	-	-	-	-24	-10.08
Change in Accounts Payable	-	-	-	7.92	9.25
Change in Unearned Revenue	-	-	-	-1.66	-0.56
Change in Other Net Operating Assets	-	-	-	-18.96	1.73
Operating Cash Flow	221.1	222.49	164.26	65.53	105.28
Operating Cash Flow Growth	-0.63%	35.45%	150.66%	-37.75%	78.14%
Capital Expenditures	-76.44	-85.44	-97.51	-13.28	-22.45
Sale of Property, Plant & Equipment	-	0	-	-	-
Sale (Purchase) of Intangibles	-	-	-	-70.08	-69.39
Investment in Securities	100	-40.65	198.06	-252.64	6.67
Other Investing Activities	5.17	8.87	10.76	-70	-
Investing Cash Flow	28.73	-117.22	111.32	-406	-85.17
Long-Term Debt Repaid	-	-	-	-3.63	-2.38
Net Debt Issued (Repaid)	-	-	-	-3.63	-2.38
Issuance of Common Stock	-	-	-	601.63	661.02
Common Dividends Paid	-214.98	-194.77	-	-	-320
Other Financing Activities	-1.57	-2.14	-2.05	-20.2	333.58
Financing Cash Flow	-216.55	-196.91	-2.05	577.8	672.23
Foreign Exchange Rate Adjustments	-3.28	0.94	-6.01	-6.3	2.36
Net Cash Flow	29.99	-90.7	267.52	231.04	694.69
Free Cash Flow	144.66	137.05	66.75	52.25	82.83
Free Cash Flow Growth	5.55%	105.32%	27.75%	-36.92%	46.41%
Free Cash Flow Margin	27.40%	29.06%	20.44%	21.10%	37.21%
Free Cash Flow Per Share	0.42	0.40	0.19	0.16	0.27
Cash Income Tax Paid	97.79	81.73	61.27	4.72	0.52
Levered Free Cash Flow	37.65	82.24	-6.58	-707.51	646
Unlevered Free Cash Flow	37.72	82.35	-6.49	-695.65	653.22
Change in Working Capital	-	-	-	-48.73	13.84

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