HKG:2411 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	-386.03	361.72	323.3	230.35
Depreciation & Amortization	115.93	118.18	119.63	110.23
Other Amortization	8.57	9.14	8.73	7.59
Loss (Gain) From Sale of Assets	11.66	2.25	4.09	0.22
Asset Writedown & Restructuring Costs	52.39	-	-	-
Loss (Gain) From Sale of Investments	22.85	-4.41	-22.56	-5.13
Loss (Gain) on Equity Investments	-5.78	0.68	-13.33	-16.48
Stock-Based Compensation	21.07	-	-	-
Other Operating Activities	-2.24	-7.4	13.15	18.43
Change in Accounts Receivable	82.52	39	35.04	129.49
Change in Inventory	-8.91	7.5	-90.51	9.61
Change in Accounts Payable	163.71	-145.79	164.72	40.26
Change in Unearned Revenue	-20.41	-0.71	-3.34	0.61
Change in Other Net Operating Assets	109.25	-428.69	50.26	-241.29
Operating Cash Flow	164.58	-48.53	589.18	283.88
Operating Cash Flow Growth	-	-	107.54%	-3.08%
Capital Expenditures	-214.92	-112.57	-164.98	-33.89
Sale of Property, Plant & Equipment	9.14	1.9	0.42	-
Cash Acquisitions	-	73.61	-	-
Sale (Purchase) of Intangibles	-3.09	-5.14	-9.48	-10.07
Investment in Securities	-500.23	383.55	702.39	-558.09
Other Investing Activities	79.11	59.54	50.89	54.84
Investing Cash Flow	-760.2	282.56	619.85	-577.9
Long-Term Debt Issued	3,172	2,192	1,308	-
Long-Term Debt Repaid	-2,493	-1,654	-1,535	-45.86
Net Debt Issued (Repaid)	679.19	538.41	-226.06	-45.86
Issuance of Common Stock	-	426.78	-	-
Repurchase of Common Stock	-93.29	-382.53	-	-
Common Dividends Paid	-65.34	-120.77	-	-
Other Financing Activities	-281.48	-46.99	-81.72	449.91
Financing Cash Flow	239.09	414.89	-307.78	404.05
Net Cash Flow	-356.53	648.92	901.24	110.03
Free Cash Flow	-50.35	-161.1	424.2	249.99
Free Cash Flow Growth	-	-	69.69%	22.66%
Free Cash Flow Margin	-0.49%	-1.41%	3.75%	2.43%
Free Cash Flow Per Share	-0.03	-0.10	0.28	0.17
Cash Interest Paid	104.74	80.5	83.74	77.75
Cash Income Tax Paid	24.28	46.13	40.92	42.44
Levered Free Cash Flow	-76.37	-315.28	345.76	256
Unlevered Free Cash Flow	-13.9	-267.9	398.1	304.87
Change in Working Capital	326.16	-528.69	156.18	-61.33

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