HKG:2555 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	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	472.18	1,139	954.32	755.82
Depreciation & Amortization	69.7	63.41	46.13	25.67
Other Amortization	19.78	3.6	1.76	0.18
Loss (Gain) From Sale of Assets	0.39	0.15	0.37	0.53
Loss (Gain) From Sale of Investments	-34.9	-29.12	-18.79	-11.42
Loss (Gain) on Equity Investments	17.59	-	-	-
Stock-Based Compensation	12.83	-	-	114.88
Other Operating Activities	86.37	77.98	28.54	-56.56
Change in Accounts Receivable	-156.23	5.19	8.04	-90.51
Change in Inventory	-5.65	-8.69	-79.4	-24.48
Change in Accounts Payable	-33.12	126.16	233.33	455.1
Change in Unearned Revenue	-104.9	10.08	11.09	84.56
Change in Other Net Operating Assets	-	-	0.57	16.34
Operating Cash Flow	344.02	1,388	1,186	1,270
Operating Cash Flow Growth	-75.21%	17.04%	-6.63%	-
Capital Expenditures	-64.66	-85.03	-64.26	-64.85
Sale of Property, Plant & Equipment	1.62	0.07	0.78	8.53
Divestitures	-	0.5	-	-
Sale (Purchase) of Intangibles	-66.27	-18.5	-11.3	-7.08
Investment in Securities	343.6	-848.54	-383.74	-218.09
Other Investing Activities	72.59	28.95	42.99	-409.65
Investing Cash Flow	286.87	-922.54	-415.52	-691.14
Short-Term Debt Issued	-	-	-	21.81
Total Debt Issued	-	-	-	21.81
Short-Term Debt Repaid	-	-	-21.46	-0.06
Long-Term Debt Repaid	-55.83	-45.22	-43	-19.41
Total Debt Repaid	-55.83	-45.22	-64.45	-19.47
Net Debt Issued (Repaid)	-55.83	-45.22	-64.45	2.34
Issuance of Common Stock	2,345	54.43	-	108.07
Common Dividends Paid	-13.2	-949.5	-600	-408.36
Other Financing Activities	-62.98	964.82	-8.07	-281.1
Financing Cash Flow	2,213	24.54	-672.52	-579.05
Net Cash Flow	2,844	489.96	97.89	-0.1
Free Cash Flow	279.36	1,303	1,122	1,205
Free Cash Flow Growth	-78.56%	16.16%	-6.93%	-
Free Cash Flow Margin	5.68%	22.84%	26.51%	33.07%
Free Cash Flow Per Share	0.20	1.12	1.12	1.22
Cash Interest Paid	4.31	3.69	4.57	2.67
Cash Income Tax Paid	159.85	221.31	170.02	223.69
Levered Free Cash Flow	630.03	1,143	948.62	-
Unlevered Free Cash Flow	632.72	1,145	951.47	-
Change in Net Working Capital	-242.95	-281.26	-268.83	-

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