HKG:3737 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	95.21	162.78	106.39	52.13
Depreciation & Amortization	108.13	99.48	93.58	82.46
Other Amortization	3.29	2.6	2.8	2.59
Loss (Gain) From Sale of Assets	1.2	-0.43	-0.69	-0.11
Loss (Gain) From Sale of Investments	3.9	-3.61	-2.43	40.44
Provision & Write-off of Bad Debts	4.1	0.47	-0.16	0.44
Other Operating Activities	-1.16	-15.37	-3.04	-27.84
Change in Accounts Receivable	-119.74	-18.22	-13.59	10.03
Change in Inventory	-22.4	-10.65	-59.79	-21.03
Change in Accounts Payable	104.99	1.19	68.95	10.39
Change in Unearned Revenue	4.88	8.67	10.53	10.57
Change in Other Net Operating Assets	-0.92	-125.39	82.03	18.31
Operating Cash Flow	181.48	101.5	284.57	178.38
Operating Cash Flow Growth	78.79%	-64.33%	59.53%	91.44%
Capital Expenditures	-140.76	-169.18	-88.41	-185.85
Sale of Property, Plant & Equipment	3.82	17.1	21.83	2.53
Sale (Purchase) of Intangibles	-1.1	-2.25	-0.74	-2.01
Investment in Securities	3.24	-55.45	70.95	22.7
Other Investing Activities	14.73	7.02	9.76	26.66
Investing Cash Flow	-120.06	-202.76	13.38	-135.98
Short-Term Debt Issued	-	-	-	123.87
Long-Term Debt Issued	52.36	49.67	10.5	-
Total Debt Issued	52.36	49.67	10.5	123.87
Short-Term Debt Repaid	-	-	-	-145.54
Long-Term Debt Repaid	-83.65	-88.63	-78.67	-45.41
Total Debt Repaid	-83.65	-88.63	-78.67	-190.96
Net Debt Issued (Repaid)	-31.29	-38.96	-68.16	-67.09
Issuance of Common Stock	-	-	-	30.04
Repurchase of Common Stock	-3.57	-	-	-4.38
Common Dividends Paid	-23.14	-116.15	-	-
Other Financing Activities	-0.73	0.49	0.02	0.6
Financing Cash Flow	-58.74	-154.62	-68.14	-40.83
Foreign Exchange Rate Adjustments	0.05	-0.77	-2.18	0.78
Net Cash Flow	2.74	-256.64	227.63	2.35
Free Cash Flow	40.72	-67.68	196.17	-7.47
Free Cash Flow Margin	1.84%	-3.30%	10.74%	-0.43%
Free Cash Flow Per Share	0.05	-0.08	0.23	-0.01
Cash Interest Paid	2.63	2.61	1.92	2.67
Cash Income Tax Paid	44	42.54	17.37	23.88
Levered Free Cash Flow	27.57	-103.76	245.16	-49.32
Unlevered Free Cash Flow	31.94	-98.84	249.26	-44.89
Change in Working Capital	-33.2	-144.41	88.13	28.26

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