HKG:6609 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	83.34	-13.62	-94.01	-200.38	-194.23
Depreciation & Amortization	26.9	30.94	31.49	31.34	12.09
Other Amortization	1.39	1.17	0.77	0.45	0.12
Loss (Gain) From Sale of Assets	3.46	-	-1.37	-	-
Loss (Gain) From Sale of Investments	-27.26	-4.37	-0.93	-	-3.84
Loss (Gain) on Equity Investments	-	-	-	34.8	-
Stock-Based Compensation	22.26	0.54	10.62	14.69	50.96
Provision & Write-off of Bad Debts	-1.02	0.92	0.93	0.08	0.73
Other Operating Activities	13.64	5.55	-10.9	-14.66	-7.48
Change in Accounts Receivable	33.05	-18.72	-52.49	-6.5	-19.66
Change in Inventory	-12.34	-33.13	-25.85	-100.48	-23.49
Change in Accounts Payable	12.13	20.22	4.99	11.53	15.23
Change in Unearned Revenue	4.86	-2.78	-3.76	4.24	2.43
Change in Other Net Operating Assets	-6.24	10.05	52.11	-41.87	-38.71
Operating Cash Flow	154.14	-3.23	-88.41	-266.77	-205.85
Capital Expenditures	-11.59	-4.04	-4.58	-36.51	-52.83
Sale of Property, Plant & Equipment	-	-	0.97	-	-
Divestitures	2.22	6.06	-3.27	-	-
Sale (Purchase) of Intangibles	-2.58	-1.12	-3.36	-0.73	-1.65
Investment in Securities	-255.03	0.9	-85.29	65.59	-127.97
Other Investing Activities	13.88	9	-29.92	16.49	21.34
Investing Cash Flow	-253.09	10.8	-125.45	44.84	-161.11
Short-Term Debt Issued	15	-	-	20.73	-
Total Debt Issued	15	-	-	20.73	-
Short-Term Debt Repaid	-15	-	-5	-15.73	-
Long-Term Debt Repaid	-8.73	-6.47	-10.37	-3.09	-1.34
Total Debt Repaid	-23.73	-6.47	-15.37	-18.82	-1.34
Net Debt Issued (Repaid)	-8.73	-6.47	-15.37	1.91	-1.34
Issuance of Common Stock	-	-	0.39	5.65	941.81
Repurchase of Common Stock	-36.21	-5.64	-6.37	-21.38	-14.62
Other Financing Activities	0.21	-0.27	-0.13	-10.94	-104.6
Financing Cash Flow	-44.74	-12.38	-21.49	-24.75	821.25
Foreign Exchange Rate Adjustments	-2.15	1.14	0.9	-	-
Net Cash Flow	-145.83	-3.68	-234.44	-246.69	454.29
Free Cash Flow	142.55	-7.27	-92.98	-303.28	-258.69
Free Cash Flow Margin	34.91%	-2.62%	-40.02%	-165.70%	-287.14%
Free Cash Flow Per Share	3.76	-0.19	-2.44	-7.92	-7.75
Cash Interest Paid	0.13	-	0.03	0.14	-
Cash Income Tax Paid	1.69	-0.47	0.89	-	-
Levered Free Cash Flow	85.1	-0.38	-69.82	-260.43	-161.26
Unlevered Free Cash Flow	86.39	0.71	-68.47	-259.09	-159.78
Change in Working Capital	31.44	-24.36	-25	-133.09	-64.2

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