HKG:2566 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	138.6	119.78	59.87	119.41
Depreciation & Amortization	36.22	35.82	35.77	24.24
Other Amortization	0.72	0.32	-	-
Loss (Gain) From Sale of Assets	0.27	0.41	0.04	0.33
Loss (Gain) From Sale of Investments	6.5	1.22	0.46	-0.08
Stock-Based Compensation	5.3	11.93	0.18	0.15
Other Operating Activities	26.24	26.62	12.74	7.24
Change in Accounts Receivable	-144.3	-62.47	-82.03	-131.24
Change in Inventory	11.39	0.91	27.79	49.16
Change in Accounts Payable	-15.42	-9.22	-14.8	-32.69
Change in Unearned Revenue	7.59	-2.15	-5.03	1.19
Change in Other Net Operating Assets	21.68	12.61	-12.41	29.83
Operating Cash Flow	94.79	135.77	22.56	67.53
Operating Cash Flow Growth	-30.19%	501.82%	-66.59%	-
Capital Expenditures	-15.09	-21.1	-23.3	-53.94
Sale of Property, Plant & Equipment	0.12	0	0.01	0.05
Sale (Purchase) of Intangibles	-64.76	-25.88	-35.66	-8.97
Investing Cash Flow	-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)	-46.35	-52.86	33.88	50.97
Issuance of Common Stock	521	-	-	-
Common Dividends Paid	-	-	-12	-
Other Financing Activities	-46.34	-14.49	-8.98	-9.75
Financing Cash Flow	428.32	-67.35	12.89	41.23
Foreign Exchange Rate Adjustments	1.08	0.21	0.2	-0.12
Net Cash Flow	444.45	21.64	-23.29	45.78
Free Cash Flow	79.69	114.66	-0.74	13.59
Free Cash Flow Growth	-30.50%	-	-	-
Free Cash Flow Margin	5.82%	8.91%	-0.07%	1.04%
Free Cash Flow Per Share	0.39	0.57	-0.00	0.07
Cash Interest Paid	7.15	9.41	8.98	9.75
Cash Income Tax Paid	19.16	-1.1	-10.5	11.74
Levered Free Cash Flow	14.91	12.11	-51.21	-
Unlevered Free Cash Flow	19.37	17.98	-45.56	-
Change in Working Capital	-119.06	-60.32	-86.5	-83.76

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.