HKG:2335 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Net Income	-182.51	-154.63
Depreciation & Amortization	6.57	8.39
Loss (Gain) From Sale of Investments	-0.87	-2.03
Other Operating Activities	20.03	31.56
Change in Accounts Payable	28.67	10.89
Change in Other Net Operating Assets	-9.03	-1.92
Operating Cash Flow	-137.13	-107.74
Capital Expenditures	-0.88	-1.3
Investment in Securities	-39.73	46.01
Other Investing Activities	-16.97	10.1
Investing Cash Flow	-57.58	54.8
Long-Term Debt Issued	5.15	25.46
Long-Term Debt Repaid	-4.97	-3.47
Net Debt Issued (Repaid)	0.18	21.99
Issuance of Common Stock	242.77	-
Other Financing Activities	-30.71	-0.87
Financing Cash Flow	212.24	21.12
Foreign Exchange Rate Adjustments	-1.63	0.54
Net Cash Flow	15.9	-31.28
Free Cash Flow	-138.01	-109.04
Free Cash Flow Per Share	-0.57	-0.47
Cash Interest Paid	1.05	0.87
Cash Income Tax Paid	-	0.03
Levered Free Cash Flow	-115.09	-
Unlevered Free Cash Flow	-73.21	-
Change in Working Capital	19.64	8.97