HKG:2377 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	236.44	240.18	151.75	348.24
Depreciation & Amortization	145.26	132.6	122.13	98.77
Other Amortization	1.36	1.68	1.3	1.34
Loss (Gain) From Sale of Assets	-1.5	-1.68	2.44	-0.15
Asset Writedown & Restructuring Costs	4	-	169.08	3.99
Loss (Gain) From Sale of Investments	-	-5.05	72.67	-112.05
Loss (Gain) on Equity Investments	-13.5	-11.44	-14.4	-30.6
Stock-Based Compensation	-0.08	0.43	4.33	4.52
Provision & Write-off of Bad Debts	1.83	22.62	11.63	-2.4
Other Operating Activities	-43.53	9.43	-164.7	13.58
Change in Accounts Receivable	50.8	-270.52	-21.27	-464.53
Change in Inventory	-5.22	-0	-3.39	-1.66
Change in Accounts Payable	-69.27	-49.67	-2.1	102.26
Change in Unearned Revenue	-5.51	-22.41	-175.44	44.32
Change in Other Net Operating Assets	27.52	-8.94	-13.63	37.3
Operating Cash Flow	383.73	86.4	137.04	-55.87
Operating Cash Flow Growth	344.15%	-36.96%	-	-
Capital Expenditures	-220.97	-126.87	-84.89	-64.38
Sale of Property, Plant & Equipment	0.72	12.68	0.4	0.22
Cash Acquisitions	-	-11.17	-49.69	-5.66
Divestitures	-	-1	-	-
Sale (Purchase) of Intangibles	9.58	-17.5	-25.41	-3.01
Investment in Securities	-14	26.65	77.19	-18.25
Other Investing Activities	-4.86	-1.49	59.5	-38.14
Investing Cash Flow	-229.52	-118.68	-22.91	-129.2
Long-Term Debt Issued	295	90.78	73.5	50
Long-Term Debt Repaid	-136.22	-109.7	-89.36	-16.62
Total Debt Repaid	-136.22	-109.7	-89.36	-16.62
Net Debt Issued (Repaid)	158.78	-18.92	-15.86	33.38
Repurchase of Common Stock	-	-	-0.06	-1.49
Common Dividends Paid	-32.15	-27.65	-63.82	-62.07
Other Financing Activities	-1.74	21.84	13.21	46.04
Financing Cash Flow	124.89	-24.73	-66.54	15.86
Foreign Exchange Rate Adjustments	1.36	3.09	11.93	-6.97
Net Cash Flow	280.46	-53.93	59.53	-176.17
Free Cash Flow	162.76	-40.47	52.15	-120.24
Free Cash Flow Margin	7.57%	-1.89%	2.74%	-5.75%
Free Cash Flow Per Share	0.16	-0.04	0.05	-0.12
Cash Interest Paid	16.95	13.34	11.61	7.97
Cash Income Tax Paid	33.76	34.69	16.32	31.81
Levered Free Cash Flow	115.09	-135.1	-146.49	200.83
Unlevered Free Cash Flow	126.35	-126.07	-137.95	206.94
Change in Working Capital	53.45	-302.39	-219.19	-381.11

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