HKG:2706 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	-93.73	-265.65	-175.78
Depreciation & Amortization	5.39	5.46	3.77
Other Amortization	1.46	4.92	4.52
Loss (Gain) From Sale of Investments	-	-	-0.43
Stock-Based Compensation	13.14	113.16	33.1
Provision & Write-off of Bad Debts	3.22	9.48	2.49
Other Operating Activities	97.2	62.7	-1.34
Change in Accounts Receivable	-96.13	-27.36	-23.65
Change in Inventory	50.85	-16.17	-48.45
Change in Accounts Payable	45.7	3.21	20.04
Change in Unearned Revenue	-69.5	-3.05	-4.79
Change in Other Net Operating Assets	3.85	-26.75	28.44
Operating Cash Flow	-38.55	-140.05	-162.08
Capital Expenditures	-1.51	-0.57	-1.71
Sale of Property, Plant & Equipment	0	0.01	-
Investment in Securities	-	-	0.43
Investing Cash Flow	-1.51	-0.56	-1.29
Long-Term Debt Repaid	-2.42	-3.97	-3.31
Net Debt Issued (Repaid)	-2.42	-3.97	-3.31
Issuance of Common Stock	29.86	250.69	212.95
Other Financing Activities	-8.38	9.56	-0.07
Financing Cash Flow	19.06	256.28	209.57
Foreign Exchange Rate Adjustments	-0.83	0.79	-0.6
Net Cash Flow	-21.82	116.45	45.6
Free Cash Flow	-40.06	-140.62	-163.79
Free Cash Flow Margin	-7.96%	-37.44%	-52.33%
Free Cash Flow Per Share	-0.11	-	-
Cash Interest Paid	0.41	0.62	0.07
Cash Income Tax Paid	0.63	-	-
Levered Free Cash Flow	122.85	1,450	-
Unlevered Free Cash Flow	123.11	1,450	-
Change in Working Capital	-65.22	-70.12	-28.41

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