HKG:6189 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-64.07	-55.71	-16.5	-975	-578.11	-331.75
Depreciation & Amortization	2.78	2.78	2.56	2.79	3.82	6.83
Other Amortization	-	-	-	0.02	1.29	-
Loss (Gain) From Sale of Assets	-11.23	-11.23	-2.58	-0.85	-1.1	-
Asset Writedown & Restructuring Costs	0.64	0.64	-	-	-	0
Loss (Gain) From Sale of Investments	-	-	-	-	-	-0.23
Provision & Write-off of Bad Debts	-13.21	-13.21	-9.27	771.3	430.09	428.82
Other Operating Activities	85.7	70.47	40.79	169.32	135.98	28.13
Change in Accounts Receivable	28.34	28.34	46.24	243.41	227.68	180.55
Change in Inventory	-	-	-	-	-	1.68
Change in Accounts Payable	-29.14	-29.14	-66.38	-68.4	-241.63	-256.34
Change in Unearned Revenue	-	-	-	-150.62	27	-
Change in Other Net Operating Assets	2.81	2.81	2.52	-	-	-
Operating Cash Flow	2.6	-4.26	-2.63	-8.03	5.03	-6.68
Capital Expenditures	-	-	-0.07	-0.06	-0.06	-0.11
Sale of Property, Plant & Equipment	-5.99	19.75	3.42	0.96	3.97	-
Other Investing Activities	-	-	-	-	-	0.24
Investing Cash Flow	-5.99	19.75	3.35	0.9	3.91	0.13
Short-Term Debt Issued	-	-	-	-	154	385.73
Total Debt Issued	-	-	-	-	154	385.73
Short-Term Debt Repaid	-	-15.9	-0.87	-9.43	-245.63	-475.12
Total Debt Repaid	-0.78	-15.9	-0.87	-9.43	-245.63	-475.12
Net Debt Issued (Repaid)	-0.78	-15.9	-0.87	-9.43	-91.63	-89.39
Common Dividends Paid	-	-	-	-	-	-23.52
Other Financing Activities	3.79	0.02	0.01	8.97	-19.32	-24.54
Financing Cash Flow	3.01	-15.88	-0.85	-0.46	-110.94	-137.44
Foreign Exchange Rate Adjustments	-	-	-	-	-0	-0
Net Cash Flow	-0.38	-0.39	-0.13	-7.59	-102.01	-143.99
Free Cash Flow	2.6	-4.26	-2.7	-8.09	4.97	-6.79
Free Cash Flow Margin	309.88%	-2163.96%	-4.40%	-4.28%	0.90%	-0.74%
Free Cash Flow Per Share	0.01	-0.02	-0.01	-0.03	0.02	-0.03
Cash Interest Paid	-	-	-	-	19.31	-
Cash Income Tax Paid	-	0.02	0.36	0.13	0.95	32.28
Levered Free Cash Flow	31.64	36.62	13.57	476.04	200.09	70.14
Unlevered Free Cash Flow	58.07	64.76	32.49	488.24	212.19	86.15
Change in Working Capital	2.01	2.01	-17.62	24.4	13.05	-138.49

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