HKG:2489 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	Sep '25 Sep 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	107.32	104.76	65.03	83.21	41.62	82.4
Depreciation & Amortization	72.11	60.94	47.22	46.86	26.85	40.02
Other Amortization	0.27	0.27	0.27	0.18	-	-
Loss (Gain) From Sale of Assets	1.15	-0.01	0.01	-0.01	0.98	-0.04
Other Operating Activities	44.16	39.15	64.33	72.66	39.32	53.07
Change in Inventory	-3.92	3.78	-3.17	1.14	9.2	1.4
Change in Accounts Payable	9.47	1.23	-2.15	-3.45	2.03	5.71
Change in Other Net Operating Assets	-73.22	2.07	2.8	-1.3	-6.05	4.2
Operating Cash Flow	159.17	212.19	174.33	199.29	113.96	186.76
Operating Cash Flow Growth	-22.38%	21.72%	-12.53%	74.89%	-38.98%	-
Capital Expenditures	-71.16	-42.55	-70.58	-48.38	-34.62	-17.46
Sale of Property, Plant & Equipment	0.01	0.01	1.21	0.01	-	0.23
Sale (Purchase) of Intangibles	-16.02	-6.3	-6.3	-7.65	-26.95	-30.18
Investment in Securities	-5.54	-5.54	-	-	-	-
Other Investing Activities	-0	-2.61	-0.24	-0.04	-34.33	-1.4
Investing Cash Flow	-100.72	-56.98	-75.51	-56.06	-87.8	-60.91
Short-Term Debt Issued	-	-	30	30.92	30.86	36.94
Total Debt Issued	114.8	-	30	30.92	30.86	36.94
Short-Term Debt Repaid	-	-30	-30.5	-44.82	-30	-90
Long-Term Debt Repaid	-	-1.61	-1.07	-1.07	-1.3	-0.84
Total Debt Repaid	-107.14	-31.61	-31.57	-45.89	-31.3	-90.84
Net Debt Issued (Repaid)	7.66	-31.61	-1.57	-14.97	-0.44	-53.9
Issuance of Common Stock	-	-	231.59	-	0	-
Common Dividends Paid	-0.2	-53.82	-23.43	-38.89	-2.03	-
Other Financing Activities	-7.18	-21.75	-0.28	-0.93	-42.66	-4.15
Financing Cash Flow	0.29	-107.18	206.31	-54.79	-45.13	-58.06
Foreign Exchange Rate Adjustments	1.51	4.74	-0.48	11.35	-1.54	0.42
Net Cash Flow	60.24	52.76	304.65	99.79	-20.51	68.21
Free Cash Flow	88	169.64	103.75	150.91	79.34	169.3
Free Cash Flow Growth	-36.88%	63.51%	-31.25%	90.22%	-53.14%	-
Free Cash Flow Margin	15.04%	33.96%	27.06%	36.07%	32.01%	46.90%
Free Cash Flow Per Share	0.04	0.09	0.07	0.10	991.70	2116.26
Cash Interest Paid	1.47	0.81	1.31	0.93	2.66	4.15
Cash Income Tax Paid	77.5	72.36	20.5	31.99	10.09	36.4
Levered Free Cash Flow	166.66	128.46	95.06	62.01	-1.64	-
Unlevered Free Cash Flow	169	128.97	95.87	62.6	0.02	-
Change in Working Capital	-67.68	7.08	-2.52	-3.61	5.18	11.3

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