HKG:2637 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	136.08	117.45	68.98
Depreciation & Amortization	4.98	3.89	2.81
Loss (Gain) From Sale of Assets	-	0.03	0.02
Loss (Gain) From Sale of Investments	-1.14	-	0.14
Stock-Based Compensation	0	0.01	0.03
Provision & Write-off of Bad Debts	0.13	0.67	-0.06
Other Operating Activities	15.4	23.24	29.24
Change in Accounts Receivable	-22.78	-25.47	5.62
Change in Inventory	-10.41	3.4	-5.54
Change in Accounts Payable	33.9	25.61	-13.2
Change in Unearned Revenue	7.78	-1.72	-2.73
Operating Cash Flow	163.94	147.11	85.31
Operating Cash Flow Growth	11.45%	72.44%	-
Capital Expenditures	-178.56	-58.71	-3.07
Sale (Purchase) of Real Estate	-	-0.78	-28.63
Investment in Securities	-244.13	100.42	-22.04
Other Investing Activities	43.98	-53.69	-0.02
Investing Cash Flow	-378.72	-12.77	-53.76
Long-Term Debt Issued	17.83	5.57	-
Long-Term Debt Repaid	-4.83	-46.91	-9.84
Net Debt Issued (Repaid)	13	-41.34	-9.84
Issuance of Common Stock	-	-	157.6
Other Financing Activities	-14.27	-10.15	-14.63
Financing Cash Flow	-1.27	-51.49	133.13
Net Cash Flow	-216.04	82.85	164.68
Free Cash Flow	-14.62	88.39	82.24
Free Cash Flow Growth	-	7.47%	-
Free Cash Flow Margin	-3.13%	27.92%	38.71%
Free Cash Flow Per Share	-0.22	1.31	1.28
Cash Interest Paid	13.43	10.15	14.63
Cash Income Tax Paid	4.28	0.01	-
Levered Free Cash Flow	-57.3	59.52	-
Unlevered Free Cash Flow	-52.79	64.36	-
Change in Working Capital	8.5	1.81	-15.85

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