HKG:2589 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	364.04	328.93	387.9	149.47
Depreciation & Amortization	70.52	80.25	89.97	77.79
Other Amortization	2.58	2.64	3.21	2.93
Loss (Gain) From Sale of Assets	1.4	1.41	0.68	0.19
Asset Writedown & Restructuring Costs	1.34	-	2.59	-
Loss (Gain) From Sale of Investments	-22.31	-20.3	-11.44	-3.45
Stock-Based Compensation	58.37	57.78	14.48	4.84
Other Operating Activities	37.54	24.98	6.85	5.14
Change in Accounts Receivable	-1.3	-0.77	-0.7	-
Change in Inventory	-66.03	-14.66	2.13	-59.45
Change in Accounts Payable	75.45	6.45	33.3	67.44
Change in Unearned Revenue	18.79	-46.39	10.09	10.64
Change in Other Net Operating Assets	-54.93	0.22	53.76	12.23
Operating Cash Flow	485.45	420.54	592.82	267.77
Operating Cash Flow Growth	81.29%	-29.06%	121.39%	-
Capital Expenditures	-10.61	-17.47	-28.04	-44.08
Sale of Property, Plant & Equipment	1.11	0.92	1.3	1.41
Sale (Purchase) of Intangibles	-7.51	-6.68	-5.29	-3.52
Investment in Securities	387.89	-377.08	-154.77	-34.52
Other Investing Activities	-296.08	-183.91	-23.94	1.52
Investing Cash Flow	74.8	-584.21	-210.75	-79.19
Short-Term Debt Issued	-	79.47	17.5	1
Total Debt Issued	109.42	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	-186.05	-106.55	-76.11	-43.4
Net Debt Issued (Repaid)	-76.64	-27.08	-58.61	-42.4
Issuance of Common Stock	287.63	117.14	132.01	-
Common Dividends Paid	-	-210.06	-8.7	-
Other Financing Activities	-26.08	-5.14	-8.47	-6.36
Financing Cash Flow	184.91	-125.14	56.22	-48.75
Foreign Exchange Rate Adjustments	1.02	0.16	-	-
Net Cash Flow	746.17	-288.65	438.3	139.83
Free Cash Flow	474.83	403.07	564.78	223.7
Free Cash Flow Growth	112.27%	-28.63%	152.48%	-
Free Cash Flow Margin	13.78%	12.27%	16.87%	10.17%
Free Cash Flow Per Share	4.62	3.94	5.85	2.39
Cash Interest Paid	4.21	5.14	6.19	6.36
Cash Income Tax Paid	101.85	93.68	116.08	52.46
Levered Free Cash Flow	-	238.6	490.05	-
Unlevered Free Cash Flow	-	241.84	493.92	-
Change in Working Capital	-28.02	-55.16	98.58	30.87

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