HKG:2693 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	55.27	52.6	43.62	24.42
Depreciation & Amortization	50.04	35.65	24.67	19.21
Loss (Gain) From Sale of Assets	0	-	-0.01	0.01
Loss (Gain) From Sale of Investments	0.19	0.16	0.05	-1.75
Other Operating Activities	11.35	3.88	3.14	-1.62
Change in Accounts Receivable	-24.45	-53.35	-72.06	-1.5
Change in Inventory	-10.87	-6.06	-13.31	-1.89
Change in Accounts Payable	-5.51	-14	8.56	7.82
Change in Unearned Revenue	-0.75	-0.53	-1.67	-0.86
Change in Other Net Operating Assets	10.17	18.29	18.98	1.77
Operating Cash Flow	85.46	36.65	11.97	45.62
Operating Cash Flow Growth	87.30%	206.16%	-73.76%	-
Capital Expenditures	-49.41	-69.55	-204.98	-164.11
Sale of Property, Plant & Equipment	-	-	0.02	-
Divestitures	-	-	-	32.8
Investing Cash Flow	-49.41	-69.55	-204.96	-131.31
Long-Term Debt Issued	-	131.1	177	-
Long-Term Debt Repaid	-	-44	-	-
Net Debt Issued (Repaid)	34.17	87.1	177	-
Issuance of Common Stock	-	-	11	121.24
Common Dividends Paid	-	-	-55.31	-
Other Financing Activities	-28.21	-15.08	-2.23	-
Financing Cash Flow	5.96	72.02	130.46	121.24
Foreign Exchange Rate Adjustments	-	0.01	0	0.15
Net Cash Flow	42.01	39.13	-62.52	35.71
Free Cash Flow	36.05	-32.9	-193.01	-118.49
Free Cash Flow Margin	12.70%	-12.31%	-94.29%	-62.24%
Free Cash Flow Per Share	0.49	-0.45	-2.67	-2.08
Cash Interest Paid	6.7	6.51	1.68	-
Cash Income Tax Paid	1.93	6.71	4.22	4.68
Levered Free Cash Flow	-	10.29	-261.41	-
Unlevered Free Cash Flow	-	12.09	-261.39	-
Change in Working Capital	-31.4	-55.65	-59.5	5.35

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