HKG:2415 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	37.96	24.97	55.04	-99.88	-151.03	28.91
Depreciation & Amortization	5.89	6.52	7.7	8.3	8.48	7.11
Other Amortization	0.41	0.67	0.65	0.08	-	-
Loss (Gain) From Sale of Assets	-	-	-	0.07	-0.84	-
Loss (Gain) From Sale of Investments	-25.25	-23.41	-6.97	-	-	-1
Stock-Based Compensation	5.06	19.06	5.37	6.27	8.15	-
Provision & Write-off of Bad Debts	21.42	14.02	13.6	2.54	6.42	0.51
Other Operating Activities	0.57	-4.59	-10.29	103.74	197.57	-1.41
Change in Accounts Receivable	-22.95	8.23	-34.35	-24.55	-47.43	-12.26
Change in Accounts Payable	-1	-0.02	0.09	0.38	-0.8	0.12
Change in Other Net Operating Assets	47.44	9.36	7.21	-10.99	16.83	34.22
Operating Cash Flow	69.55	54.81	38.04	-14.04	37.35	56.2
Operating Cash Flow Growth	56.11%	44.11%	-	-	-33.54%	-
Capital Expenditures	-	-0.2	-0.18	-0.52	-0.89	-1.11
Sale of Property, Plant & Equipment	0.01	0.02	-	0.03	-	-
Divestitures	-	-	-	-	-1.15	-
Sale (Purchase) of Intangibles	-	-0.14	-1.77	-1.65	-	-
Investment in Securities	-80.35	-313.04	-493.27	-	-	31.48
Other Investing Activities	-8.86	-3.33	0.25	-	-	1.05
Investing Cash Flow	-89.2	-316.7	-494.97	-2.13	-2.03	31.41
Long-Term Debt Repaid	-	-5.44	-6.92	-7.62	-7.67	-6.91
Net Debt Issued (Repaid)	-4.92	-5.44	-6.92	-7.62	-7.67	-6.91
Issuance of Common Stock	0	1.38	519.86	-	-	-
Repurchase of Common Stock	-0.2	-0.37	-42.01	-	-3.88	-
Other Financing Activities	-	-	-	0.1	-	100
Financing Cash Flow	-5.12	-4.42	470.93	-7.52	285.56	93.09
Foreign Exchange Rate Adjustments	-1.08	4.66	15.33	26.96	-1.84	-0.13
Net Cash Flow	-25.85	-261.65	29.32	3.26	319.03	180.58
Free Cash Flow	69.55	54.61	37.86	-14.56	36.46	55.09
Free Cash Flow Growth	56.86%	44.27%	-	-	-33.81%	-
Free Cash Flow Margin	25.27%	20.95%	10.84%	-4.17%	12.25%	25.52%
Free Cash Flow Per Share	0.13	0.10	0.07	-0.03	4.26	5.77
Cash Income Tax Paid	1.54	5.43	3.21	9.55	-2.61	6.09
Levered Free Cash Flow	45.43	39.65	19.48	-25.05	19.17	-
Unlevered Free Cash Flow	45.53	39.74	19.65	-24.82	19.34	-
Change in Working Capital	23.48	17.56	-27.06	-35.16	-31.4	22.08

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