HKG:3699 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	19.53	25.26	19.26	22.05	32.67
Depreciation & Amortization	1.38	1.44	1.37	1.31	1.43
Other Amortization	-	-	-	-	-0.55
Gain (Loss) on Sale of Assets	-	0.81	0.02	-	-0.03
Asset Writedown	-10.28	-6.56	-5.31	-0.12	-17.55
Change in Accounts Receivable	2.59	-0.46	-1.92	-4.84	3.85
Change in Accounts Payable	-0.65	-4.89	3.6	-4.6	1.12
Other Operating Activities	2.1	-7.03	-4.29	-2.62	-2.92
Operating Cash Flow	14.57	8.63	13.91	11.32	18.75
Operating Cash Flow Growth	68.97%	-37.99%	22.83%	-39.59%	7.02%
Acquisition of Real Estate Assets	-1.66	-1.02	-0.48	-0.34	-2.92
Sale of Real Estate Assets	-	-	0.01	-	0.19
Net Sale / Acq. of Real Estate Assets	-1.66	-1.02	-0.47	-0.34	-2.73
Investment in Marketable & Equity Securities	-103.66	67.97	-6.33	-61.64	-
Other Investing Activities	3.96	6.49	6.45	2.38	1.55
Investing Cash Flow	-101.36	73.44	-0.36	-59.6	-1.18
Long-Term Debt Repaid	-1.15	-1.23	-1.19	-8.16	-8.34
Total Debt Repaid	-1.15	-1.23	-1.19	-8.16	-8.34
Net Debt Issued (Repaid)	-1.15	-1.23	-1.19	-8.16	-8.34
Common Dividends Paid	-9.36	-6.09	-13.07	-4.37	-18.89
Other Financing Activities	-0.05	-0.02	-0.04	-0.25	-0.68
Foreign Exchange Rate Adjustments	-3.18	2.53	1.72	10.55	-3.65
Net Cash Flow	-100.53	77.25	0.97	-50.5	-14
Cash Interest Paid	0.05	0.02	0.04	0.25	0.68
Cash Income Tax Paid	5.09	2.17	4.08	3.5	8.98
Levered Free Cash Flow	13.72	6.01	12.29	6.4	14.69
Unlevered Free Cash Flow	13.76	6.02	12.32	6.54	15.11
Change in Working Capital	1.62	-5.64	2.16	-10.01	5.36

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