HKG:2660 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	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	430.68	725.88	680.78	500.34
Depreciation & Amortization	13.09	13.58	12.32	7.75
Loss (Gain) From Sale of Assets	0	0.03	0.02	0.01
Loss (Gain) From Sale of Investments	-5.39	1.93	-11.71	-11.88
Loss (Gain) on Equity Investments	7.02	4.31	2.35	1.79
Stock-Based Compensation	25.49	16.27	14.72	2.66
Provision & Write-off of Bad Debts	1.98	-0.19	0.53	1.15
Other Operating Activities	-8.14	-60.68	-48.93	53.15
Change in Accounts Receivable	64.89	-6.74	30.55	-122.73
Change in Accounts Payable	-4.35	-0.12	2.32	4.5
Change in Unearned Revenue	-43.32	38.43	24.1	52.4
Change in Other Net Operating Assets	8.07	-11.84	25.7	17.93
Operating Cash Flow	490.03	720.85	732.75	507.06
Operating Cash Flow Growth	-32.02%	-1.62%	44.51%	96.67%
Capital Expenditures	-15.04	-11.69	-5.88	-5.53
Sale of Property, Plant & Equipment	-	0.03	0.14	-
Sale (Purchase) of Intangibles	-1.65	-0.16	-0.43	-1.25
Investment in Securities	-858.56	-202.09	-267.54	-82.24
Other Investing Activities	93.46	49.56	26.88	12.01
Investing Cash Flow	-781.8	-164.37	-246.83	-77.01
Short-Term Debt Issued	-	-	15	12
Total Debt Issued	-	-	15	12
Short-Term Debt Repaid	-	-13.5	-10.62	-2.88
Long-Term Debt Repaid	-7	-8.29	-6.79	-4.41
Total Debt Repaid	-7	-21.79	-17.41	-7.29
Net Debt Issued (Repaid)	-7	-21.79	-2.41	4.71
Issuance of Common Stock	2.04	3.46	1.52	-
Repurchase of Common Stock	-14.76	-0.33	-6.17	-22.56
Common Dividends Paid	-212.14	-190.09	-137.71	-50.45
Other Financing Activities	-0.79	-1.38	0.54	-0.33
Financing Cash Flow	-232.65	-210.13	-144.24	-68.63
Foreign Exchange Rate Adjustments	24.32	8.07	-9.15	-1.64
Net Cash Flow	-500.1	354.42	332.52	359.79
Free Cash Flow	474.99	709.16	726.87	501.53
Free Cash Flow Growth	-33.02%	-2.44%	44.93%	97.85%
Free Cash Flow Margin	28.65%	34.44%	41.13%	34.03%
Free Cash Flow Per Share	0.46	0.69	0.73	0.50
Cash Interest Paid	0.79	0.64	0.7	0.64
Cash Income Tax Paid	109.88	156.5	107.78	33.67
Levered Free Cash Flow	414.53	554.73	511.62	386.6
Unlevered Free Cash Flow	415.02	555.13	512.05	387
Change in Working Capital	25.3	19.72	82.67	-47.91

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