HKG:3332 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	24.67	34.56	52.6	-14.25	-31.71
Depreciation & Amortization	12.62	14.31	13.71	14.91	18.93
Loss (Gain) From Sale of Assets	-0.01	-	-0.93	-	-4.75
Asset Writedown & Restructuring Costs	0.85	0.91	1.23	2.07	2.4
Provision & Write-off of Bad Debts	-0.4	0.76	0.28	0.66	0.07
Other Operating Activities	-2.48	5.21	11.28	7.26	0.32
Change in Accounts Receivable	-11.63	-13.4	-4.39	-2.22	4.57
Change in Inventory	38.4	-23.69	-34.18	-17.43	15.11
Change in Accounts Payable	3.71	-18.45	10.82	5.47	1.5
Change in Other Net Operating Assets	2.9	0.74	-3.32	11.44	-6.02
Operating Cash Flow	68.63	0.96	47.11	7.92	0.42
Operating Cash Flow Growth	7071.26%	-97.97%	495.19%	1780.05%	-97.43%
Capital Expenditures	-3.7	-7.61	-2.35	-3.86	-10.1
Sale of Property, Plant & Equipment	-	0.24	1.97	0.07	2.1
Divestitures	-	-	-0.03	-	9.17
Other Investing Activities	2.98	1.37	0.85	0.33	0.36
Investing Cash Flow	-0.73	-6	0.45	-3.47	1.52
Long-Term Debt Issued	75	-	-	-	-
Long-Term Debt Repaid	-1.51	-1.14	-1.22	-3.61	-3.76
Net Debt Issued (Repaid)	73.49	-1.14	-1.22	-3.61	-3.76
Other Financing Activities	-61.65	-3.39	-3.28	-0.47	-0.69
Financing Cash Flow	11.84	-4.53	-4.5	-4.08	-4.45
Foreign Exchange Rate Adjustments	-1.95	-3.45	1.11	0.96	-2.55
Net Cash Flow	77.79	-13.03	44.17	1.33	-5.06
Free Cash Flow	64.93	-6.65	44.76	4.05	-9.68
Free Cash Flow Growth	-	-	1005.01%	-	-
Free Cash Flow Margin	8.40%	-0.89%	7.94%	1.47%	-3.84%
Free Cash Flow Per Share	0.07	-0.01	0.05	0.00	-0.01
Cash Interest Paid	3.72	3.39	3.28	0.47	0.69
Cash Income Tax Paid	8.38	6.44	-	-	-0.09
Levered Free Cash Flow	-4.29	-10.5	21.14	2.97	-12.26
Unlevered Free Cash Flow	-1.96	-8.38	23.19	3.26	-11.83
Change in Working Capital	33.38	-54.8	-31.07	-2.74	15.16

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