HKG:2357 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	2,187	2,447	2,320	2,369
Depreciation & Amortization	2,964	2,791	2,705	1,744
Other Amortization	232.25	28.56	30.42	21.34
Loss (Gain) From Sale of Assets	0.09	-30.89	-140.63	-76.3
Asset Writedown & Restructuring Costs	54	107.5	255.41	23.62
Loss (Gain) From Sale of Investments	-469.38	-690.58	-490.57	-461.63
Provision & Write-off of Bad Debts	393.45	379.56	498.86	10.86
Other Operating Activities	4,381	4,448	4,017	3,093
Change in Accounts Receivable	-8,232	-7,702	-18,700	-9,403
Change in Inventory	2,115	-175.08	-2,842	-1,716
Change in Accounts Payable	-1,729	-6,288	22,120	6,598
Change in Other Net Operating Assets	371.32	748.62	507.93	66.17
Operating Cash Flow	2,170	-4,080	10,221	2,245
Operating Cash Flow Growth	-	-	355.38%	160.76%
Capital Expenditures	-4,280	-4,729	-4,230	-2,858
Sale of Property, Plant & Equipment	58.35	51.01	184.41	86.68
Cash Acquisitions	-	-	14.9	-53.48
Divestitures	2.11	7.02	-409.58	11.14
Investment in Securities	-1,690	663.01	1,245	350.03
Other Investing Activities	543.68	394.4	280.32	521.03
Investing Cash Flow	-5,367	-3,614	-2,915	-1,942
Long-Term Debt Issued	17,637	14,314	14,624	7,354
Long-Term Debt Repaid	-12,956	-15,014	-10,393	-8,641
Total Debt Repaid	-12,956	-15,014	-10,393	-8,641
Net Debt Issued (Repaid)	4,681	-700.49	4,231	-1,287
Issuance of Common Stock	-	1,000	-	3,327
Repurchase of Common Stock	-8.5	-3.58	-1.77	-23.58
Common Dividends Paid	-1,067	-980.09	-1,075	-1,663
Other Financing Activities	1,730	4,234	258.12	70.13
Financing Cash Flow	5,336	3,550	3,412	423.81
Foreign Exchange Rate Adjustments	14.84	11.85	140.27	-23.72
Net Cash Flow	2,155	-4,133	10,858	702.24
Free Cash Flow	-2,110	-8,810	5,991	-613.23
Free Cash Flow Margin	-2.43%	-10.39%	7.61%	-1.02%
Free Cash Flow Per Share	-0.26	-1.12	0.78	-0.08
Cash Income Tax Paid	3,775	3,492	1,368	875.38
Levered Free Cash Flow	-3,127	-11,438	2,952	-1,668
Unlevered Free Cash Flow	-2,861	-11,181	3,283	-1,420
Change in Working Capital	-7,572	-13,560	1,025	-4,479

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