China Xinhua Education Group Limited (HKG:2779)

HKG:2779 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	330.22	307.1	235.51	354.48
Depreciation & Amortization	51.94	62.63	64.65	60.83
Other Amortization	2.3	3.03	4.55	5.26
Loss (Gain) From Sale of Investments	-	-	-	0.27
Stock-Based Compensation	6.07	7.16	5.61	11.35
Other Operating Activities	42.76	32.45	103.47	-5.67
Change in Accounts Receivable	0.26	-13.66	-1.27	4.46
Change in Accounts Payable	24.83	-17.78	-4.58	-17.76
Change in Unearned Revenue	22.05	10.45	21	40.56
Operating Cash Flow	480.43	391.37	428.95	453.77
Operating Cash Flow Growth	22.75%	-8.76%	-5.47%	12.50%
Capital Expenditures	-26.09	-23.16	-44.61	-36.7
Sale of Property, Plant & Equipment	0.02	0.58	0.21	-
Sale (Purchase) of Intangibles	-1.99	-3.97	-0.66	-3.33
Investment in Securities	-503.7	-254.81	-422.91	-804.42
Investing Cash Flow	-531.75	-281.36	-467.96	-844.45
Long-Term Debt Issued	95.84	97.49	68.42	543.77
Total Debt Issued	95.84	97.49	68.42	543.77
Long-Term Debt Repaid	-50.02	-50.02	-50.02	-403.02
Total Debt Repaid	-50.02	-50.02	-50.02	-403.02
Net Debt Issued (Repaid)	45.82	47.47	18.4	140.75
Common Dividends Paid	-92.81	-97.3	-148.21	-96.98
Other Financing Activities	-4.58	-7.65	-11.07	-15.42
Financing Cash Flow	-51.56	-57.48	-140.88	28.36
Foreign Exchange Rate Adjustments	0.03	0.04	5.07	2.93
Net Cash Flow	-102.86	52.57	-174.82	-359.39
Free Cash Flow	454.34	368.22	384.34	417.07
Free Cash Flow Growth	23.39%	-4.20%	-7.85%	35.93%
Free Cash Flow Margin	70.10%	57.30%	61.45%	73.77%
Free Cash Flow Per Share	0.28	0.23	0.24	0.26
Cash Interest Paid	4.58	7.65	11.07	15.42
Cash Income Tax Paid	0.9	3.34	5.88	1.5
Levered Free Cash Flow	294.55	224.11	1,838	-674.11
Unlevered Free Cash Flow	302.87	233.05	1,848	-663.23
Change in Working Capital	47.14	-21	15.16	27.26

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