HKG:2530 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	5.5	74.9	159.34	87.52	119.67
Depreciation & Amortization	4.64	4.04	4.9	4.81	3.57
Loss (Gain) From Sale of Assets	-	0.01	0.02	0.09	-
Provision & Write-off of Bad Debts	-0.01	0	0.17	-0.06	1.54
Other Operating Activities	5.2	-4.76	10.28	65.31	-8.97
Change in Accounts Receivable	23.61	22.42	6.79	-18.85	-42.7
Change in Inventory	21.75	-6.86	-27.66	-86.19	9.49
Change in Accounts Payable	-16.81	-6.28	-3.27	-8.32	11.39
Operating Cash Flow	43.88	83.46	150.57	44.31	93.99
Operating Cash Flow Growth	-47.43%	-44.57%	239.81%	-52.86%	-
Capital Expenditures	-0.04	-1.13	-0.21	-1.2	-1
Sale of Property, Plant & Equipment	-	-	-	0.03	-
Sale (Purchase) of Intangibles	-	-	-0.41	-3.69	-
Other Investing Activities	4.11	3.17	2.19	0.72	0.48
Investing Cash Flow	4.08	2.04	1.57	-4.14	-0.52
Long-Term Debt Repaid	-3.77	-3.23	-3.45	-3.19	-2.18
Net Debt Issued (Repaid)	-3.77	-3.23	-3.45	-3.19	-2.18
Issuance of Common Stock	188.26	-	-	-	-
Common Dividends Paid	-50	-110	-80	-4.99	-27.01
Other Financing Activities	-15.13	-0.26	-0.33	-0.38	-0.12
Financing Cash Flow	119.36	-113.49	-83.79	-8.56	-29.31
Foreign Exchange Rate Adjustments	-1.65	1.24	1.37	8.57	-4.27
Net Cash Flow	165.67	-26.74	69.72	40.18	59.9
Free Cash Flow	43.84	82.33	150.36	43.11	93
Free Cash Flow Growth	-46.75%	-45.24%	248.76%	-53.64%	-
Free Cash Flow Margin	23.16%	29.67%	35.25%	11.74%	27.55%
Free Cash Flow Per Share	0.04	0.11	0.20	-	-
Cash Interest Paid	0.27	0.26	0.33	0.38	0.12
Cash Income Tax Paid	17.37	27.84	25.85	29.26	49.7
Levered Free Cash Flow	57.7	68.55	31.2	84.09	-
Unlevered Free Cash Flow	57.87	68.71	31.41	84.33	-
Change in Working Capital	28.55	9.28	-24.15	-113.36	-21.82