HKG:2658 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	-492.46	101.44	6.95
Depreciation & Amortization	130.82	89.14	34.33
Other Amortization	0.46	0.17	0.14
Loss (Gain) From Sale of Assets	-0.09	0	1.15
Loss (Gain) From Sale of Investments	45.04	9.57	0.91
Stock-Based Compensation	23.17	17.23	7.91
Other Operating Activities	251.86	47.37	17.61
Change in Accounts Receivable	157.85	-165.42	-117.69
Change in Inventory	-103.97	-325.96	-10.44
Change in Accounts Payable	-53.18	157.67	-14.34
Change in Unearned Revenue	2.93	-2.68	-23.59
Change in Other Net Operating Assets	-24.68	158.87	-165.13
Operating Cash Flow	-62.27	87.39	-262.19
Capital Expenditures	-840.29	-1,021	-437.71
Sale (Purchase) of Intangibles	-3.6	-0.23	-
Sale (Purchase) of Real Estate	-	-72.26	-78.15
Other Investing Activities	1.08	3.38	1.41
Investing Cash Flow	-842.81	-1,090	-514.45
Long-Term Debt Issued	1,413	1,154	248.77
Long-Term Debt Repaid	-495.29	-375.79	-432.87
Net Debt Issued (Repaid)	917.76	777.82	-184.1
Issuance of Common Stock	-	-	1,394
Other Financing Activities	-87.68	-50.94	0.8
Financing Cash Flow	830.08	726.88	1,211
Foreign Exchange Rate Adjustments	0.97	0.27	-1.26
Net Cash Flow	-74.03	-275.87	432.81
Free Cash Flow	-902.56	-933.92	-699.89
Free Cash Flow Margin	-173.69%	-79.74%	-160.21%
Free Cash Flow Per Share	-2.48	-2.57	-2.11
Cash Interest Paid	59.42	21.66	5.05
Levered Free Cash Flow	-683.28	-851.05	-
Unlevered Free Cash Flow	-661.69	-838.63	-
Change in Working Capital	-21.06	-177.53	-331.19

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