HKG:2513 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-2,956	-787.96	-143.37
Depreciation & Amortization	278.53	68.85	19.96
Other Amortization	1.41	0.09	0.06
Loss (Gain) From Sale of Assets	-6.81	1.54	-
Loss (Gain) From Sale of Investments	-66.27	-26.02	-5.97
Loss (Gain) on Equity Investments	-21.25	0.45	-
Stock-Based Compensation	23.58	5.5	1.02
Other Operating Activities	502.41	185.63	50.17
Change in Accounts Receivable	-417.48	-279.07	-20
Change in Inventory	-3.68	-18.37	-2.92
Change in Accounts Payable	415.97	143.19	12.89
Change in Unearned Revenue	6.01	58.26	20.03
Change in Other Net Operating Assets	-0.84	-0.11	-0.1
Operating Cash Flow	-2,245	-648.02	-68.25
Capital Expenditures	-125.96	-506.76	-31.65
Sale of Property, Plant & Equipment	114.6	-	0.01
Cash Acquisitions	-3	-61.09	-
Sale (Purchase) of Intangibles	-6.8	-1.81	-
Investment in Securities	-27.4	-215.31	64.57
Investing Cash Flow	-48.56	-784.97	32.92
Short-Term Debt Issued	267.17	-	-
Total Debt Issued	267.17	-	-
Long-Term Debt Repaid	-147.39	-31.83	-11.11
Net Debt Issued (Repaid)	119.78	-31.83	-11.11
Issuance of Common Stock	-	97.75	-
Other Financing Activities	3,192	2,397	202.31
Financing Cash Flow	3,312	2,463	191.2
Foreign Exchange Rate Adjustments	0.39	0.19	-
Net Cash Flow	1,019	1,030	155.87
Free Cash Flow	-2,371	-1,155	-99.9
Free Cash Flow Margin	-758.89%	-927.25%	-174.01%
Free Cash Flow Per Share	-148.29	-76.47	-7.50
Cash Interest Paid	32.57	7.5	0.79
Levered Free Cash Flow	2,167	1,784	-
Unlevered Free Cash Flow	2,188	1,788	-
Change in Working Capital	-0.03	-96.09	9.89

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