HKG:2516 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	5.12	69.28	27.35	25.77	36.93
Depreciation & Amortization	15.44	15.27	14.32	14.01	12.49
Loss (Gain) From Sale of Assets	0.14	0.43	0.09	0.3	-0.13
Asset Writedown & Restructuring Costs	18.1	-	-	-	-
Loss (Gain) From Sale of Investments	-1.3	-1.41	0.01	-2.64	-2.84
Loss (Gain) on Equity Investments	0.56	-	-	-	-
Provision & Write-off of Bad Debts	19.87	18.44	8.78	-0.62	-1.42
Other Operating Activities	6.75	14.41	-3.7	-0.56	-17.68
Change in Accounts Receivable	86.86	-188	-392.69	19.5	2.7
Change in Accounts Payable	9.52	-149.27	202.07	-22.32	-9.43
Change in Unearned Revenue	15.47	-3.35	-5.99	-4.94	2.62
Change in Other Net Operating Assets	29.49	-7.41	-25.38	-4.77	-15.96
Operating Cash Flow	205.99	-231.62	-175.15	23.73	7.29
Operating Cash Flow Growth	-	-	-	225.49%	-92.90%
Capital Expenditures	-50.31	-8.95	-4.88	-15.05	-6.28
Sale of Property, Plant & Equipment	0.1	0.16	0.07	1.55	1.69
Investment in Securities	184.86	-303.85	-4.6	89.56	-59.34
Other Investing Activities	5.59	7.3	2.26	1.7	17.51
Investing Cash Flow	140.24	-305.33	-7.15	77.76	-46.41
Short-Term Debt Issued	993.33	1,616	551.6	4.43	7.3
Total Debt Issued	993.33	1,616	551.6	4.43	7.3
Short-Term Debt Repaid	-1,258	-1,011	-303.87	-0.3	-32.37
Long-Term Debt Repaid	-8.31	-10.56	-10.37	-9.11	-6.86
Total Debt Repaid	-1,267	-1,021	-314.24	-9.41	-39.23
Net Debt Issued (Repaid)	-273.22	594.64	237.36	-4.98	-31.93
Issuance of Common Stock	63.67	-	127.75	-	138.89
Repurchase of Common Stock	-13.68	-	-	-70.65	-
Other Financing Activities	-18.74	-18.46	-13.99	-3.73	-2.49
Financing Cash Flow	-241.96	576.18	351.11	-79.36	104.47
Foreign Exchange Rate Adjustments	-1.74	0.37	0.74	0.86	-0.27
Net Cash Flow	102.52	39.59	169.55	22.99	65.08
Free Cash Flow	155.68	-240.57	-180.04	8.68	1.01
Free Cash Flow Growth	-	-	-	757.21%	-98.96%
Free Cash Flow Margin	7.81%	-8.06%	-8.80%	0.69%	0.07%
Free Cash Flow Per Share	0.20	-0.31	-0.28	0.01	0.02
Cash Interest Paid	19.08	18.46	4.21	0.91	0.84
Cash Income Tax Paid	12.91	10.8	14.77	9.9	25.2
Levered Free Cash Flow	92.38	-257.35	-183.22	0.25	1.98
Unlevered Free Cash Flow	103.87	-245.26	-180.43	0.82	2.51
Change in Working Capital	141.32	-348.04	-222	-12.53	-20.07

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