HKG:3616 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	-270.42	40.94	84.81	306.91
Depreciation & Amortization	11.97	12.76	13.7	13.84
Loss (Gain) From Sale of Assets	0.03	4.09	0.52	-0.03
Asset Writedown & Restructuring Costs	12.53	2.92	2.16	-8.05
Loss (Gain) From Sale of Investments	-	-	0.16	-0.02
Loss (Gain) on Equity Investments	0.05	-	-	-
Other Operating Activities	234.41	77.56	-130.74	-60.17
Change in Accounts Receivable	175.06	-103.58	-181.76	-7.95
Change in Inventory	740.18	816.96	463.96	-1,364
Change in Accounts Payable	-159.76	-150.53	340.49	-281.07
Change in Unearned Revenue	-820.42	-897.34	-358.4	1,330
Change in Other Net Operating Assets	40.81	192.18	-152.5	-100.49
Operating Cash Flow	-35.57	-4.03	82.4	-170.65
Capital Expenditures	-1.28	-6.72	-4.38	-5.36
Sale of Property, Plant & Equipment	0.03	0.04	0.08	0.08
Divestitures	-	-0.08	-	-
Investment in Securities	-	-	6	-154.85
Other Investing Activities	11.82	-34.91	125.64	-122.08
Investing Cash Flow	10.57	-41.66	127.34	-282.21
Short-Term Debt Issued	16.82	48.22	566.58	408
Long-Term Debt Issued	737.17	701.9	360.97	508
Total Debt Issued	753.99	750.12	927.55	916
Short-Term Debt Repaid	-58.52	-158.47	-701.3	-310.91
Long-Term Debt Repaid	-626.36	-431.17	-383.1	-365.3
Total Debt Repaid	-684.88	-589.64	-1,084	-676.21
Net Debt Issued (Repaid)	69.11	160.47	-156.85	239.79
Common Dividends Paid	-	-	-60	-60
Other Financing Activities	-65.57	-61.03	-53.33	0.05
Financing Cash Flow	3.54	99.44	-270.17	179.84
Net Cash Flow	-21.47	53.75	-60.43	-273.02
Free Cash Flow	-36.85	-10.75	78.02	-176.01
Free Cash Flow Margin	-1.33%	-0.30%	2.73%	-6.36%
Free Cash Flow Per Share	-0.03	-0.01	0.07	-0.15
Cash Interest Paid	65.57	62.23	63.56	63.06
Cash Income Tax Paid	38.11	107.02	230.58	262.83
Levered Free Cash Flow	28.82	-93.56	43.59	-343.06
Unlevered Free Cash Flow	29.2	-92.98	44.3	-342.29
Change in Working Capital	-24.13	-142.31	111.79	-423.13

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