HKG:2566 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	123.43	138.6	119.78	59.87	119.41
Depreciation & Amortization	40.49	36.22	35.82	35.77	24.24
Other Amortization	0.72	0.72	0.32	-	-
Loss (Gain) From Sale of Assets	0.17	0.27	0.41	0.04	0.33
Loss (Gain) From Sale of Investments	12.36	6.5	1.22	0.46	-0.08
Stock-Based Compensation	5.08	5.3	11.93	0.18	0.15
Other Operating Activities	-5.1	26.24	26.62	12.74	7.24
Change in Accounts Receivable	-115.15	-144.3	-62.47	-82.03	-131.24
Change in Inventory	2.87	11.39	0.91	27.79	49.16
Change in Accounts Payable	3.82	-15.42	-9.22	-14.8	-32.69
Change in Unearned Revenue	-0.4	7.59	-2.15	-5.03	1.19
Change in Other Net Operating Assets	51.56	21.68	12.61	-12.41	29.83
Operating Cash Flow	119.84	94.79	135.77	22.56	67.53
Operating Cash Flow Growth	-12.22%	-30.19%	501.82%	-66.59%	-
Capital Expenditures	-17.3	-15.09	-21.1	-23.3	-53.94
Sale of Property, Plant & Equipment	0.09	0.12	0	0.01	0.05
Sale (Purchase) of Intangibles	-75.94	-64.76	-25.88	-35.66	-8.97
Investing Cash Flow	-393.15	-79.73	-46.98	-58.94	-62.86
Long-Term Debt Issued	-	130.2	143.31	204.17	209.62
Long-Term Debt Repaid	-	-176.55	-196.16	-170.3	-158.65
Net Debt Issued (Repaid)	-70.93	-46.35	-52.86	33.88	50.97
Issuance of Common Stock	521	521	-	-	-
Common Dividends Paid	-1.56	-	-	-12	-
Other Financing Activities	-38.86	-46.34	-14.49	-8.98	-9.75
Financing Cash Flow	409.65	428.32	-67.35	12.89	41.23
Foreign Exchange Rate Adjustments	2.46	1.08	0.21	0.2	-0.12
Net Cash Flow	138.8	444.45	21.64	-23.29	45.78
Free Cash Flow	102.54	79.69	114.66	-0.74	13.59
Free Cash Flow Growth	-12.12%	-30.50%	-	-	-
Free Cash Flow Margin	7.85%	5.82%	8.91%	-0.07%	1.04%
Free Cash Flow Per Share	0.45	0.39	0.57	-0.00	0.07
Cash Interest Paid	5.96	7.15	9.41	8.98	9.75
Cash Income Tax Paid	32.14	19.16	-1.1	-10.5	11.74
Levered Free Cash Flow	27.34	14.91	12.11	-51.21	-
Unlevered Free Cash Flow	31.11	19.37	17.98	-45.56	-
Change in Working Capital	-57.31	-119.06	-60.32	-86.5	-83.76

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.