HKG:6616 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	242.18	181.58	223.79	162.03
Depreciation & Amortization	82.61	61.58	39.03	27.56
Other Amortization	5.6	2.51	-	-
Loss (Gain) From Sale of Assets	-	-	-0.01	-
Asset Writedown & Restructuring Costs	0	-	-	-
Provision & Write-off of Bad Debts	-6.61	-0.62	3.51	2.74
Other Operating Activities	104.67	40.61	6.65	-2.67
Change in Accounts Receivable	-147.24	1.43	-73.91	-48.77
Change in Inventory	-87.08	2.77	-18.32	-26.44
Change in Accounts Payable	56.35	2.43	-14.01	15.67
Change in Unearned Revenue	9.34	3.88	-	-0.43
Change in Other Net Operating Assets	12.27	-12.95	14.75	17.76
Operating Cash Flow	272.09	283.22	181.48	147.45
Operating Cash Flow Growth	-3.93%	56.06%	23.08%	52.68%
Capital Expenditures	-913.24	-161.72	-225.55	-110.59
Sale of Property, Plant & Equipment	-	-	0.02	-
Cash Acquisitions	-	-62.49	-	-
Sale (Purchase) of Intangibles	-0.07	-	-	-
Sale (Purchase) of Real Estate	-76.03	-	-	-
Investment in Securities	-80	160	-160	-
Other Investing Activities	-479.62	9.13	55.4	-36.77
Investing Cash Flow	-1,549	-55.07	-330.12	-147.36
Long-Term Debt Issued	1,777	495.76	477.24	13.09
Total Debt Issued	1,777	495.76	477.24	13.09
Long-Term Debt Repaid	-274.58	-201.73	-135.47	-21.41
Total Debt Repaid	-274.58	-201.73	-135.47	-21.41
Net Debt Issued (Repaid)	1,502	294.03	341.76	-8.33
Issuance of Common Stock	-	-	-	826.26
Common Dividends Paid	-	-	-35.83	-
Other Financing Activities	-0.07	957.72	-	-
Financing Cash Flow	1,502	1,252	305.93	817.93
Foreign Exchange Rate Adjustments	-17.12	0.86	-0.03	-0.13
Net Cash Flow	207.93	1,481	157.26	817.88
Free Cash Flow	-641.15	121.5	-44.06	36.86
Free Cash Flow Margin	-38.89%	11.42%	-4.81%	5.50%
Free Cash Flow Per Share	-0.52	0.10	-0.04	0.04
Cash Interest Paid	82.24	23.91	9.4	11.44
Cash Income Tax Paid	74.49	38.65	32	26.49
Levered Free Cash Flow	-702.13	-72.42	-66.77	-53.16
Unlevered Free Cash Flow	-628.11	-40.27	-59.92	-46.01
Change in Working Capital	-156.36	-2.44	-91.48	-42.21

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.