HKG:2589 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	328.93	387.9	149.47
Depreciation & Amortization	80.25	89.97	77.79
Other Amortization	2.64	3.21	2.93
Loss (Gain) From Sale of Assets	1.41	0.68	0.19
Asset Writedown & Restructuring Costs	-	2.59	-
Loss (Gain) From Sale of Investments	-20.3	-11.44	-3.45
Stock-Based Compensation	57.78	14.48	4.84
Other Operating Activities	24.98	6.85	5.14
Change in Accounts Receivable	-0.77	-0.7	-
Change in Inventory	-14.66	2.13	-59.45
Change in Accounts Payable	6.45	33.3	67.44
Change in Unearned Revenue	-46.39	10.09	10.64
Change in Other Net Operating Assets	0.22	53.76	12.23
Operating Cash Flow	420.54	592.82	267.77
Operating Cash Flow Growth	-29.06%	121.39%	-
Capital Expenditures	-17.47	-28.04	-44.08
Sale of Property, Plant & Equipment	0.92	1.3	1.41
Sale (Purchase) of Intangibles	-6.68	-5.29	-3.52
Investment in Securities	-377.08	-154.77	-34.52
Other Investing Activities	-183.91	-23.94	1.52
Investing Cash Flow	-584.21	-210.75	-79.19
Short-Term Debt Issued	79.47	17.5	1
Total Debt Issued	79.47	17.5	1
Short-Term Debt Repaid	-49.59	-18.5	-
Long-Term Debt Repaid	-56.96	-57.61	-43.4
Total Debt Repaid	-106.55	-76.11	-43.4
Net Debt Issued (Repaid)	-27.08	-58.61	-42.4
Issuance of Common Stock	117.14	132.01	-
Common Dividends Paid	-210.06	-8.7	-
Other Financing Activities	-5.14	-8.47	-6.36
Financing Cash Flow	-125.14	56.22	-48.75
Foreign Exchange Rate Adjustments	0.16	-	-
Net Cash Flow	-288.65	438.3	139.83
Free Cash Flow	403.07	564.78	223.7
Free Cash Flow Growth	-28.63%	152.48%	-
Free Cash Flow Margin	12.27%	16.87%	10.17%
Free Cash Flow Per Share	3.94	5.85	2.39
Cash Interest Paid	5.14	6.19	6.36
Cash Income Tax Paid	93.68	116.08	52.46
Levered Free Cash Flow	238.6	490.05	-
Unlevered Free Cash Flow	241.84	493.92	-
Change in Net Working Capital	128.73	-136.64	-

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