HKG:2291 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	245.56	151.38	-19.81	58.7
Depreciation & Amortization	21.33	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	-44.41	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	222.49	164.26	65.53	105.28
Operating Cash Flow Growth	35.45%	150.66%	-37.75%	78.14%
Capital Expenditures	-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	-40.65	198.06	-252.64	6.67
Other Investing Activities	8.87	10.76	-70	-
Investing Cash Flow	-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	-194.77	-	-	-320
Other Financing Activities	-2.14	-2.05	-20.2	333.58
Financing Cash Flow	-196.91	-2.05	577.8	672.23
Foreign Exchange Rate Adjustments	0.94	-6.01	-6.3	2.36
Net Cash Flow	-90.7	267.52	231.04	694.69
Free Cash Flow	137.05	66.75	52.25	82.83
Free Cash Flow Growth	105.32%	27.75%	-36.92%	46.41%
Free Cash Flow Margin	29.06%	20.44%	21.10%	37.21%
Free Cash Flow Per Share	0.40	0.19	0.16	0.27
Cash Income Tax Paid	81.73	61.27	4.72	0.52
Levered Free Cash Flow	96.94	-6.58	-707.51	646
Unlevered Free Cash Flow	97.04	-6.49	-695.65	653.22
Change in Working Capital	-	-	-48.73	13.84

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.