HKG:3366 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	-173.14	-464.53	-1,913	-883.25
Depreciation & Amortization	44.55	126.11	182.99	194.43
Other Amortization	0.01	0.48	1.12	1.13
Loss (Gain) From Sale of Assets	-638.93	-7.88	0	-53.66
Loss (Gain) From Sale of Investments	-22.29	-21.39	82.9	711.3
Loss (Gain) on Equity Investments	83.65	113.59	1,574	58.29
Other Operating Activities	180.77	-305.53	-341.52	-275.39
Change in Accounts Receivable	-126.15	145.45	2,496	-2,574
Change in Inventory	992.05	114.68	-2,027	-1,866
Change in Accounts Payable	-287	-142.98	479.77	667.66
Change in Unearned Revenue	-1,049	-392.08	-1,798	1,703
Change in Other Net Operating Assets	-	-	225	140
Operating Cash Flow	-995.69	-834	-1,041	-2,178
Capital Expenditures	-4.5	-97.72	-201.91	-58.54
Sale of Property, Plant & Equipment	0.17	2,156	60	60.89
Divestitures	1,056	-	-	706.42
Investment in Securities	306.19	200.59	12.89	917.46
Other Investing Activities	29.13	119.95	81.12	528.71
Investing Cash Flow	1,387	2,379	-47.9	2,155
Long-Term Debt Issued	1,142	9,083	5,228	2,338
Long-Term Debt Repaid	-3,922	-4,211	-5,317	-3,019
Net Debt Issued (Repaid)	-2,780	4,872	-88.68	-680.52
Repurchase of Common Stock	-	-5,628	-	-
Common Dividends Paid	-	-251.11	-236.55	-232.68
Dividends Paid	-	-251.11	-236.55	-232.68
Other Financing Activities	-	-	5.15	0.27
Financing Cash Flow	-2,780	-1,006	-320.08	-912.92
Foreign Exchange Rate Adjustments	5.39	0.87	4.43	-7.38
Miscellaneous Cash Flow Adjustments	-1.62	2.96	-6.87	-
Net Cash Flow	-2,386	542.2	-1,411	-943
Free Cash Flow	-1,000	-931.71	-1,243	-2,236
Free Cash Flow Margin	-103.48%	-73.78%	-40.45%	-151.69%
Free Cash Flow Per Share	-1.34	-1.25	-1.66	-2.99
Cash Interest Paid	172.12	313	270.5	275.68
Cash Income Tax Paid	344.06	192.21	197.15	145.83
Levered Free Cash Flow	2,543	-24	-1,672	-1,283
Unlevered Free Cash Flow	2,863	197.91	-1,584	-1,189
Change in Working Capital	-470.16	-274.92	-624.19	-1,929

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.