HKG:2627 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-282.7	-258.72	-424.74
Depreciation & Amortization	61.51	57.86	47.1
Other Amortization	1.71	1.35	0.87
Loss (Gain) From Sale of Assets	1.06	1.06	0.04
Loss (Gain) From Sale of Investments	-0.14	-0.24	-1.35
Stock-Based Compensation	31.67	41.67	47.92
Provision & Write-off of Bad Debts	0.06	0.07	0.05
Other Operating Activities	35.42	33.56	48.64
Change in Accounts Receivable	-154.04	-211.38	-73.64
Change in Inventory	-32.96	-34.09	-67.65
Change in Accounts Payable	133.33	112.47	115.28
Change in Other Net Operating Assets	70.37	56.89	1.5
Operating Cash Flow	-134.71	-199.51	-305.99
Capital Expenditures	-159.49	-199.57	-265.3
Sale of Property, Plant & Equipment	0.5	0.5	-
Sale (Purchase) of Intangibles	-0.48	-0.59	-16.59
Investment in Securities	0.14	32.5	241.49
Other Investing Activities	14.07	14.5	39.89
Investing Cash Flow	-145.27	-152.67	-0.51
Short-Term Debt Issued	-	27.5	-
Long-Term Debt Issued	-	765.54	380.88
Total Debt Issued	776.91	793.04	380.88
Long-Term Debt Repaid	-	-342.19	-38.89
Net Debt Issued (Repaid)	328.16	450.84	342
Other Financing Activities	-13.43	-11.79	-6.83
Financing Cash Flow	314.73	439.06	335.17
Net Cash Flow	34.75	86.88	28.67
Free Cash Flow	-294.2	-399.08	-571.29
Free Cash Flow Margin	-113.28%	-153.72%	-1095.09%
Free Cash Flow Per Share	-0.82	-1.11	-1.59
Cash Interest Paid	11.02	10.52	6.83
Levered Free Cash Flow	-	-276.52	-
Unlevered Free Cash Flow	-	-265.45	-
Change in Working Capital	16.71	-76.11	-24.51

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