HKG:6110 Cash Flow Statement

Financials in millions CNY. Fiscal year is March - February.

Millions CNY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '25 Aug 31, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Net Income	1,201	1,286	2,213	1,837	2,447	2,770
Depreciation & Amortization	1,329	1,460	1,672	2,216	2,528	2,632
Loss (Gain) From Sale of Assets	0.9	0.9	0.1	-3.7	1.3	3.1
Asset Writedown & Restructuring Costs	120.6	120.6	99.9	84.9	45.3	33.8
Provision & Write-off of Bad Debts	1.6	1.6	-1.2	-1.5	-10.2	25.6
Other Operating Activities	-1,002	40.3	12.3	-264.5	110.2	209.2
Change in Accounts Receivable	576.1	576.1	-273.5	50.5	1,081	-716.2
Change in Inventory	232.6	232.6	-72.7	423.1	-523.6	416.6
Change in Accounts Payable	-43.7	-43.7	-603.8	26.6	481.3	-659.6
Change in Other Net Operating Assets	80.5	80.5	83.1	-17	-470	-9.1
Operating Cash Flow	2,497	3,755	3,129	4,351	5,690	4,706
Operating Cash Flow Growth	-21.78%	20.02%	-28.08%	-23.53%	20.91%	-27.02%
Capital Expenditures	-340.6	-372.8	-396.9	-357	-716.4	-643.1
Sale of Property, Plant & Equipment	1.3	0.6	2.4	5.4	3.2	5.9
Cash Acquisitions	-	-	-2.5	-	-	-0.5
Investment in Securities	-	-	-25.9	-20	-	-
Other Investing Activities	61.9	74.7	224.8	66	41.9	2,735
Investing Cash Flow	-277.4	-297.5	-198.1	-305.6	-671.3	2,098
Short-Term Debt Issued	-	4,080	1,710	2,595	4,348	2,723
Total Debt Issued	7,030	4,080	1,710	2,595	4,348	2,723
Short-Term Debt Repaid	-	-2,670	-2,535	-1,571	-5,152	-3,786
Long-Term Debt Repaid	-	-1,241	-1,422	-1,481	-2,117	-1,960
Total Debt Repaid	-5,316	-3,911	-3,957	-3,052	-7,269	-5,746
Net Debt Issued (Repaid)	1,714	168.6	-2,247	-456.6	-2,922	-3,023
Common Dividends Paid	-1,922	-2,109	-1,302	-1,240	-1,550	-1,178
Other Financing Activities	-2,498	-886.5	1,147	-317.1	-22.4	-1,717
Financing Cash Flow	-2,521	-2,826	-3,332	-3,440	-4,494	-8,398
Net Cash Flow	-301.5	631.4	-401.4	604.8	523.8	-1,595
Free Cash Flow	2,156	3,383	2,732	3,994	4,973	4,062
Free Cash Flow Growth	-23.67%	23.81%	-31.59%	-19.69%	22.42%	-29.18%
Free Cash Flow Margin	8.21%	12.52%	9.44%	14.75%	15.60%	11.28%
Free Cash Flow Per Share	0.35	0.55	0.44	0.64	0.80	0.66
Cash Interest Paid	17.8	15.9	13.2	31.1	22.4	81.4
Cash Income Tax Paid	325.5	344	600.4	890.8	902.8	950
Levered Free Cash Flow	-884.25	2,104	3,299	2,073	4,327	5,272
Unlevered Free Cash Flow	-815.19	2,178	3,392	2,205	4,463	5,447
Change in Working Capital	845.5	845.5	-866.9	483.2	568.3	-968.3

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